ThorFinn EA MT4 with SetFiles (Original version 1441+)

What is ThorFinn EA MT4?

ThorFinn EA is a high-frequency trading robot engineered specifically for M1 scalping strategies, making it ideal for small account sizes ranging from $100 to $1,000. This advanced Expert Advisor (EA) leverages a combination of powerful technical indicators, including ATR, RSI, and Exponential Moving Averages (EMA), to deliver highly accurate trade entries and exits.

Key Features of ThorFinn EA MT4

🔻 High-Frequency M1 Scalping Strategy

• Focused on fast trade execution using the 1-minute chart
• Optimized for high-speed markets and short-term volatility

🔻 Optimized for Small Accounts

• Works effectively with balances as low as $100
• Flexible lot sizing and tight risk controls

🔻 Technical Indicator-Based Entry Logic

• ATR – Filters volatility
• RSI – Detects momentum
• EMA – Confirms trend direction
• Fair Value Gap (FVG) – Entry filtering for added precision

🔻 No-Martingale Strategy Design

• Safe, non-aggressive strategy
• Complies with prop firm risk rules
• Ideal for long-term capital growth

🔻 Comprehensive Risk Management

• Fixed Stop Loss (SL) and max drawdown limits
• Limits on simultaneous open trades
• Maintains strong margin levels

Why choose ThorFinn EA MT4?

🔻 Ideal for Beginners and Small Accounts

• Easy setup and plug-and-play usage
• Accessible for traders with limited capital

🔻 Built for Prop Firm Challenges (FTMO, MFF, etc.)

• Low drawdown, tight risk management
• No martingale = compliance with funding firm rules

🔻 Perfect for Scalping Volatile Pairs

• Especially effective on XAUUSD (Gold) and exotic currency pairs
• Handles spreads and volatility with ease

🔻 Pre-Configured Presets for Different Risk Levels

• Conservative, Balanced, and Aggressive modes included

🔻 Set-and-Forget Simplicity

• Works out-of-the-box with minimal customization needed

ThorFinn EA MT4 Live Trading Results

🔻Real Account Performance:

• Initial Balance: $154.99
• Equity: $164.97
• Free Margin: $160.88
• Margin Level: 4033.62% (very safe risk level)
• Demonstrates performance in a low capital environment
• Validates stability, low drawdown and execution accuracy

ThorFinn EA Live Trading

What’s Included in the ThorFinn EA MT4 Package?

🔻Expert:

• ThorFinn EA.ex4

🔻Presets:

• ThorFinn EA EURUSD M1 Conservative.set
• ThorFinn EA EURUSD M1 Balanced.set
• ThorFinn EA EURUSD M1 Aggressive.set

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How To Set Up EA

➡️ ThorFinn EA MT4 is ideal for traders seeking a stable, low-risk automated strategy with solid technical analysis. It excels in capital protection, smart risk control, and avoids risky news events, making it perfect for conservative MT4 traders aiming for steady growth.

ThorFinn EA MT4 setting

🟣 Money & Risk Management

• Fixed Lot Size: 0.01 (best for small accounts)
• Auto Lot Size (per $1000 capital): 0.01
• Max Lot Size: 0.05
• Stop Loss: 150 pips
• Drawdown Stop Loss: 10%
• Martingale: Disabled by default (safe for conservative trading)
• Martingale Multiplier: 2.0 (if enabled)
• Max Martingale Steps: 3

➡️ Conservative settings to protect capital; Martingale can be enabled for aggressive traders.

🟣 Trade Timing & Frequency

• Max Open Orders: 1
• Avoid Trading During NFP: True
• No Trading 7 Days Before/After New Year

➡️ Avoids volatile news events and unstable market periods for safer trading.

🟣 Technical Indicators Setup

🔻Moving Average:

• Period: 20
• Method: Exponential
• Price: Close

🔻RSI:

• Period: 7
• Overbought: 75
• Oversold: 25

🔻ATR:

• Period: 7
• Threshold: 2.0

➡️ Combines EMA trend detection with RSI momentum and ATR volatility filtering for precise entries.

🟣 Trade Execution Parameters

• Trailing Stop: 100 pips
• Pending Order Distance: 50 pips
• Magic Number: 123

➡️ Trailing stop secures profits while allowing price retracements; pending orders avoid premature entries.

Conclusion

In summary, ThorFinn EA for MetaTrader 4 (MT4) is a high-frequency, scalping-focused Expert Advisor specifically built for small accounts and precision M1 trading. Engineered with advanced filters including ATR (volatility), EMA (trend), RSI (momentum), and FVG (Fair Value Gaps), ThorFinn EA delivers ultra-accurate trade entries and exits—making it ideal for volatile markets like Gold (XAUUSD) and exotic currency pairs.
What truly differentiates ThorFinn EA is its prop firm-compliant design: no martingale, fixed drawdown limits, and single-trade execution logic. Whether you’re managing a $100 account or tackling proprietary firm challenges, ThorFinn offers a tightly risk-managed, high-frequency trading solution with minimal drawdown and maximum control.

>>> Reviewed by Jason Stap <<<