Trade Explorer EA MT4: Unlock Smart Trading Potential – Original Version (1430+) SetFiles

Overview Trade Explorer EA

Trade Explorer EA is a trading tool designed to trade most Forex currencies. The expert advisor works smoothly on MT4 and is characterized by its professional and effective functions. It showed great results when tested in the long term and its performance can be followed on Myfxbook.

• Vendor website: Access now

Primary Features

• The expert is set up to work automatically and does not require any manual intervention as it is easy to use and install as well
• Trade Explorer EA monitors the market 24 hours a day, 5 days a week as it opens and closes orders across 27 pairs in search of the best available opportunities
• It works to increase profit to achieve optimal efficiency based on experience and realistic analysis
• It uses risky strategies such as Grid and Martingale to achieve the maximum possible profit and is keen to open many orders to compensate for losing trades
• The results of the expert can be followed via Myfxbook with complete transparency and credibility

Notable advantages

• Time-efficient as it saves time and effort for traders and works to increase profits continuously by opening multiple orders on different pairs.
• It works to reduce risks because Trade Explorer EA is designed to manage risks to protect capital and enhance profits.

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 Trade Explorer EA MT4?

Trade Explorer 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.

Trade Explorer EA MT4 The Review

Performance Verified by Myfxbook

• Live Performance: Access now

Backtest Result

The backtest outcomes of Trade Explorer EA reveal significant profit potential. With a testing capital of $500, over a period of 6 months of trading, the total profit reached $1260 and the Maximum drawdown risk was merely 27%.

Key metrics:

• Testing capital: $500
• Testing duration: 6 months
• Total profit: $1,260
• Maximum drawdown risk: 27%

Suggested Configurations

What do you get After Downloading?

• Experts: Trade Explorer EA v6.2_fix.ex4
• Indicators: Explorerindi.ex4
• Presets
  • AUDCAD_TradeExplorer_M5.set
  • AUDCHF_TradeExplorer_M5.set
  • AUDJPY_TradeExplorer_M5.set
  • AUDNZD_TradeExplorer_M5.set
  • AUDUSD_TradeExplorer_M5.set
  • CADCHF_TradeExplorer_M5.set
  • CADJPY_TradeExplorer_M5.set
  • CHFJPY_TradeExplorer_M5.set
  • EURAUD_TradeExplorer_M5.set
  • EURCAD_TradeExplorer_M5.set
  • EURCHF_TradeExplorer_M5.set
  • EURGBP_TradeExplorer_M5.set
  • EURJPY_TradeExplorer_M5.set
  • EURNZD_TradeExplorer_M5.set
  • EURUSD_TradeExplorer_M5.set
  • GBPAUD_TradeExplorer_M5.set
  • GBPCAD_TradeExplorer_M5.set
  • GBPJPY_TradeExplorer_M5.set
  • GBPUSD_TradeExplorer_M5.set
  • NZDCAD_TradeExplorer_M5.set
  • NZDJPY_TradeExplorer_M5.set
  • NZDUSD_TradeExplorer_M5.set
  • USDCAD_TradeExplorer_M5.set
  • USDCHF_TradeExplorer_M5.set
  • USDJPY_TradeExplorer_M5.set
  • USDNOK_TradeExplorer_M5.set
  • USDSEK_TradeExplorer_M5.set

How to install Trade Explorer EA MT4

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

The Trade Explorer EA MT4 is a trading tool that works with appropriate risk management of the account capital because it uses the Grid and Martingale strategy, as it opens many orders to compensate for losing trades.