Ride the Market Waves with Algo Trend EA MT4 – Original Version (1430+) SetFiles

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Algo Trend EA is carefully designed to manage the risk of your trading account capital as it is suitable for FTMO challenges. It has been tested before and has achieved great results.
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Introducing The Expert Algo Trend EA

Name: Algo Trend
Version
: New update
The Right Platform: MetaTrader 4 (MT4)

What is Algo Trend EA?

Algo Trend EA is a trading tool designed to work efficiently on FTMO-funded accounts as it runs on the MT4 platform and uses the trend approach in trading which allows trading across 28 pairs and gold as well.

Remarkable Features

  • The expert is characterized by being able to trade with many pairs, including gold, to enhance proper account management.
  • The expert works to effectively manage account risks, as it uses stop loss and take profit orders to enhance its profits.
  • Algo Trend EA works 100% automatically, which does not require any manual intervention.

Notable Advantages

  • It uses an effective trading approach by trading with the trend, which is a proven and reliable strategy.
  • designed to overcome the challenges of funded accounts with propfirms and its performance can be tracked via myfxbook as it has proven its efficiency in FTMO.

Disadvantage

  • One of the disadvantages is the total dependence on the market. The expert depends greatly on the conditions and movements of the market, and in cases of unexpected fluctuations, the results may be completely unpredictable. Also, the expert has been programmed in advance on certain conditions, so if these conditions are met, it will completely ignore important economic news and events.

Who Should Use Algo Trend EA?

Algo Trend EA MT4 is suitable for all professional and beginner traders as it improves their trading performance in the Forex market. Whether you are looking for an easy way to make profits in the Forex market or a trading method different from manual trading, the Expert can help you with that.

Performance of Algo Trend EA MT4

Authenticated by Myfxbook

Algo Trend EA Results Algo Trend EA Results

FTMO Pass Outcomes

Algo Trend EA Results

Suggested Configurations

NameFit
Trading PlatformMeta Trader 4 (MT4)
Minimum Deposit$500
Currency Pairs in useXAUUSD (Gold), 28 Currency Pairs
Applicable TimeframesM30, H1, H4
Setup FilesAvailable
Product TypeNoDLL / Unlimited / Fix

What do you get After Downloading?

  • Experts: Algo Trend EA_fix.ex4
  • Presets :
    • ALGO TREND LIVE.set
    • ALGO TREND LIVE VIP.set

How to install Algo Trend EA

1 – Download the Expert

Download the Expert file from the email sent to you

How to Extract a File from Winrar?

First, if you don’t have Winrar here is the download link, download and install

https://www.win-rar.com/download.html?&L=0

Right-click on the WinRAR file and select ‘Extract Here’ to extract the files in the current location. Alternatively, choose ‘Extract to’ if you want to extract the files into a specific folder.

2 – Add the Expert to the platform

  • Open the trading platform and choose File –> Open data folder
  • Then go to the MQL4 folder –> Experts

(if the expert works on MT5 then you will choose MQL5 instead)

  • Put the Expert file in this folder
  • restart the platform

3 – Run the Expert

  • Choose the appropriate pair for the Expert and then drag the Expert from the navigator window and place it on the chart (or simply Double click on it)
  • Make sure that auto trading is activated in the platform and the Expert as well

Conclusion

Algo Trend EA is a trading tool designed to overcome the challenge of Propfirm funded accounts and the EA has achieved great results on many accounts on FTMO as it uses risk management appropriate to the conditions of funded accounts.

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Disclaimer: The backtesting results provided do not guarantee the same performance when using the Expert Advisor on your live account. Performance may vary due to factors such as market conditions, spreads, and slippage. It is highly recommended to first run the Expert Advisor on a demo account for a sufficient period to test its performance and ensure it aligns with your trading strategy and goals.