NEO EA MT4 with SetFiles (Official version 1441+)

What is NEO EA MT4?

NEO EA is a powerful automated trading Expert Advisor optimized for trading currency pairs in the forex market. It features advanced algorithms and intelligent risk management, automatically applying Stop Loss (SL) and Take Profit (TP) levels to every open trade. This ensures greater protection and adaptability, helping traders navigate market volatility and achieve consistent performance.

Key Features of NEO EA

🔺AI-Powered Trading Engine:

• Uses real-time market data and artificial intelligence for intelligent trade decisions
• Continuously adapts to evolving market trends for optimal trade timing

🔺Dynamic Strategy Adjustment:

• Automatically updates its trading logic to suit changing market conditions
• Enhances trade accuracy during both trending and ranging markets

🔺Advanced Risk Management:

• Built-in Stop Loss and Take Profit for every trade
• Helps control drawdown and maintain a balanced risk-reward profile

🔺Precision Trade Execution:

• Executes trades with speed and accuracy, minimizing slippage in volatile markets
• Ensures high execution efficiency for scalping and swing strategies

Why choose NEO EA MT4?

🔺AI-Driven Precision:

• Adapts to real-time market conditions using artificial intelligence
• Enhances decision-making and trade quality automatically

🔺Capital Protection Features:

• Secure SL/TP mechanisms and dynamic risk controls safeguard account balance
• Designed for low-risk, high-efficiency trading outcomes

🔺Fully Automated on MetaTrader 4:

• Seamless integration with MT4 for hands-free trading
• Supports various brokers and account types

🔺Prop Firm Friendly:

• Optimized for prop firm trading rules (e.g., FTMO, MyForexFunds)
• Suitable for passing funded account challenges with consistent results

NEO EA MT4 Performance Review

• Created by Rich Off Pips, known for performance-focused EAs
• Designed for ease of use with customizable settings
• Tailored for GBPUSD and other major currency pairs
• Focused on delivering consistent returns across different market phases
• Simple setup and configuration for all trader levels
• Offers performance consistency and adaptability in real trading conditions

NEO EA MT4 review

What’s Included in the Product Package?

🔺Expert Advisor File:

• NEO EA_fix.ex4

🔺Preset Files:

• GBPUSD_$1000.set
• NEO GBPUSD.set

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How To Set Up EA

🔺 Install NEO EA MT4 for automated forex trading. Features Martingale strategy, time filters, and equity protection. Easy setup with safe lot scaling and drawdown control.

NEO EA MT4 setting

🔺Download & Extract Files

• Download the NEO EA package and unzip it to your device.

🔺Copy EA to MT4 Directory

• Go to MetaTrader 4 → File → Open Data Folder → MQL4 → Experts
• Paste the NEO EA file into the Experts folder.

🔺Restart MetaTrader 4

• Close and reopen MT4 to load the EA properly.

🔺Attach EA to a Chart

• Open any major pair chart (e.g., EURUSD, GBPUSD).
• Drag NEO EA onto the chart.
• Enable AutoTrading in MT4.

🔺Recommended Settings

• Trading Hours: Start 1:00 / End 23:00
• Trade Window: StartTrade 2:00 / EndTrade 23:00
• Lot Sizing: Start 0.01 lot, Multiplier 2.0
• Max Levels: 3 (limits Martingale scaling)
• Equity Stop: Enabled at 4% drawdown
• MagicNumber: 1269991 (for trade tracking)
• Use Risk Protection: true (closes EA at equity stop)

🔺Start Trading

• The EA will automatically place trades based on time windows and lot scaling. It will stop trading if 4% equity loss is reached. Use a VPS for best execution.

Conclusion

In summary, NEO EA MT4 stands out as a next-generation Expert Advisor, purpose-built for traders seeking intelligent automation, strategic adaptability, and robust risk control in the forex market. Powered by artificial intelligence, this EA continuously analyzes real-time market data and adjusts its strategy on the fly—ensuring precision execution even in fast-moving or volatile conditions.
With built-in Stop Loss and Take Profit mechanisms, NEO EA protects trading capital while optimizing the risk-to-reward ratio. Its dynamic strategy adjustment allows traders to stay aligned with ever-changing market trends, delivering consistent performance across multiple trading environments. Seamlessly integrated with the MetaTrader 4 platform and fully compatible with prop firm challenges, NEO EA is engineered to meet the needs of both professional traders and those aiming to scale with funded accounts.

>>> Reviewed by Jason Stap <<<