MarketFollower EA MT4 (Latest version) | Unbounded

What is MarketFollower EA MT4?

MarketFollower EA MT4 is a fully automated trend-following trading robot built for the MetaTrader 4. This Expert Advisor is designed to trade strictly in the direction of the market trend — adding buy positions in bullish conditions and sell positions in bearish phases. It strategically opens additional trades at defined pip intervals while controlling risk through position limits and global profit targets.
MarketFollower EA is particularly effective during strong trending markets and works across multiple currency pairs and timeframes, with higher timeframes offering more stable performance.

Vendor website 

About the Developer

• Author: Cristian Mihai.
• Experience: Over +8 years of experience on MQL5.
• Notable Products: MarketFollower EA MT4, MarketFollower EA MT5 and other advisors.
• Flagship Product: MarketFollower 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).

MarketFollower EA MT4 Overview

Main Features of MarketFollower EA MT4

• Pure Trend-Following Strategy: Opens buy trades in uptrends and sell trades in downtrends, aligning strictly with market direction.
• Step-Based Position Adding: Adds new trades at predefined pip distances from the previous entry to build structured trend exposure.
• Range Market Filter: Avoids opening additional positions during sideways market conditions and waits for breakout confirmation.
• One Trade per Candle Rule: Limits execution to one position per bar to prevent overtrading.
• Maximum Order Limitation: Allows traders to define the total number of simultaneously open positions.
• Basket Take Profit System: Closes all open trades once the defined overall profit target is reached.

Additional Features

• Flexible Lot Management: Supports fixed lot size or automatic lot calculation (clots = 0).
• Lot Step Multiplier: Adjusts the size of subsequent positions using a percentage-based multiplier.
• Global StopOut Protection: Automatically closes all trades and shuts down if a predefined drawdown level is reached.
• Customizable Slippage Control: Defines maximum acceptable slippage for safer order execution.
• Multi-Instrument Compatibility: Works on any currency pair with optimized custom settings.
• Timeframe Flexibility: Operates on any timeframe, with higher timeframes recommended for stable trend performance.

Why Choose MarketFollower EA MT4?

• Optimized for Trending Markets: Designed specifically for bull and bear market phases.
• Controlled Position Scaling: Adds trades methodically rather than randomly increasing exposure.
• Built-In Capital Protection: StopOut and maximum order controls help manage drawdown risks.
• Customizable Per Instrument: Settings can be optimized individually for improved profitability.
• Stable Long-Term Logic: Higher timeframe compatibility enhances reliability and consistency.
• Suitable for Medium to Large Accounts: Recommended minimum deposit of $1000 for balanced risk management.

MarketFollower EA MT4 Backtest Results

MarketFollower EA MT4 Backtest

🔺EURUSD pair  – 26 months

• Initial Deposit: $5,000
• Total Net Profit: $2,947.45
• Win Rate (% of total): 81.72%
• Maximum Drawdown: 27.44%

MarketFollower EA Backtest

What’s Included in the Download Package?

• Experts: MarketFollower EA_fix.ex4

>>> Join VIP Membership Now <<<

Conclusion

In summary, MarketFollower EA MT4 is a disciplined trend-following automated trading robot built for MetaTrader 4 traders who want to capitalize on strong upward and downward market movements. This expert advisor strictly adheres to the current trading direction, while applying a step-by-step position adjustment strategy and group-based profit management. With built-in range filters, maximum order limits, global StopOut protection, and flexible lot size options, MarketFollower EA MT4 focuses on risk control and capital preservation. Supported by months of reverse testing results on the EURUSD pair, it stands out as a reliable automated Forex solution for traders seeking systematic trend-following trading with balanced and stable long-term risk management.

>>> Reviewed by Jason Stap <<<