Forebot EA MT4 (Official version) | Unbounded

What is Forebot EA MT4?

Forebot EA MT4 is a versatile Forex trading robot designed to trade using a custom hidden oscillating indicator and analyze market responses in real-time. Optimized for high-volatility periods, this EA employs multiple pending orders with variable volumes and actively adjusts their positions. It also features advanced money management and supports FIFO-compliant trading modes. Forebot is suitable for various markets and timeframes, and it performs best on brokers offering spreads up to 5 points on EUR/USD with point-based quotations and fast execution. With proper settings, it can also trade indices like DAX effectively.

Vendor website 

About the Developer

Author: Marek Kvarda
• Experience: Over +9 years of experience on MQL5.
• Notable Products: Forebot MT4, FXbot mt4, Triton MT4, Edger MT4 and other advisors.
• Flagship Product: Forebot EA MT4 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

Forebot EA MT4 Overview

Main Features of Forebot EA MT4

• Custom Hidden Indicator: Trades based on a proprietary oscillating indicator and market response analysis.
• High-Volatility Trading: Designed to capitalize on market volatility for higher profit potential.
• Pending Orders Management: Supports multiple pending orders with adjustable distances and volumes.
• Advanced Money Management: Automatically calculates lot sizes based on account balance and SL.
• Flexible Trading Modes: Supports MultiTrading, OnePlusOne, and OnlyOne modes to suit different strategies.

Additional Features

• Adjustable Trade Direction: Direction setting allows for long, short, or dual-direction trades.
• Indicator Sensitivity: Customizable Sensitivity parameter controls trade frequency.
• Take Profit & Stop Loss Control: Includes TP, SL, and SLBE for effective risk management.
• Trailing Stop Functionality: TrailingStart, TrailingSL, and TrailingSL_Step dynamically protect profits.
• Trade Identification & Comments: Each trade uses a unique Magic number and optional comments for monitoring.
• Index Trading Capability: Adjustable settings allow trading on indices like DAX by increasing default values.

Why Choose Forebot EA MT4?

• Adaptive and Intelligent: Trades based on proprietary indicators and market response for high-accuracy entries.
• Risk Management Focused: Advanced money management, StopLoss, and trailing features protect your capital.
• Versatile Market Compatibility: Works on multiple currency pairs and indices with customizable settings.
• Supports High-Volatility Trading: Optimized to perform during periods of market activity.
• User-Friendly Customization: Adjustable lots, pending order distance, sensitivity, and trading modes allow full strategy control.

Forebot EA MT4 Backtest Results

Forebot EA MT4 Backtest

🔺EURUSD  –  17 years

• Initial Deposit: $1,000
• Total Net Profit: $24.63 million
• Win Rate (% of total): 80.33%
• Maximum Drawdown: 2.25%

Forebot EA Backtest

What’s Included in the Download Package?

• Experts: Forebot EA_fix.ex4

>>> Join VIP Membership Now <<<

Conclusion

In summary, Forebot EA MT4 is a versatile and adaptive Forex trading robot designed for high-volatility markets. Utilizing a custom hidden oscillating indicator, multiple pending orders, and advanced money management, it identifies precise trading opportunities while protecting capital with StopLoss and trailing features. Backtested over 17 years with impressive net profits and minimal drawdowns, Forebot EA MT4 excels across currencies and indices like EUR/USD and DAX. Its intelligent automation, flexible settings, and risk management make it a reliable choice for both novice and professional traders.

>>> Reviewed by Jason Stap <<<