Introduction
Welcome to the world of automated trading with Future EA MT4. Developed by Mansour Babasafary, this expert advisor promises to revolutionize your trading game with a mix of price action, patterns, waves, and potentially artificial intelligence. But let's not get carried away. With a rating of 4.43 and mixed user reviews, it's clear that this EA has its strengths and weaknesses. Let's dive into how to install and configure it for maximum efficiency.Installation and Setup
Installing Future EA MT4 is straightforward, but setting it up for optimal performance requires a bit more finesse. Follow these steps:- Download the EA from this link.
- Open MetaTrader 5 and navigate to the File menu, then select Open Data Folder.
- Place the downloaded EA file into the Experts folder.
- Restart MetaTrader 5.
- Drag and drop the EA onto the GBPUSD or USDCHF chart on the H1 timeframe.
- Configure the input parameters:
- magicNumber: Set a unique identifier for the EA's trades.
- comment: Add a custom comment to identify trades made by this EA.
- risk: Set the risk percentage for each trade, with a default value of 2%.
- manualLot: Manually set the lot size for trades.
- Click OK to activate the EA.
User Experience
Ah, the joys of automated trading. User reviews for Future EA MT4 are a mixed bag. Ahmad Nichem is thrilled with Version 1, giving it a glowing 5-star review. On the other hand, Kelevra2532 is less than impressed, claiming the EA is useless on a real account. Thomas Moss is eagerly awaiting the next version. My experience? Let's just say I've seen better, but I've also seen worse. The EA performs decently on backtests, but real-world performance can be a different story.Tips for Improvement
If you're looking to squeeze every bit of performance out of Future EA MT4, here are some tips:- Regular Updates: Keep an eye out for updates from the developer. New versions often come with bug fixes and performance improvements.
- Risk Management: Stick to the recommended 2% risk setting. It's tempting to go higher, but that's a quick way to blow your account.
- Manual Intervention: Don't be afraid to step in and manually close trades if things aren't going your way.
- Backtesting: Always backtest the EA on historical data before going live. This will give you a better idea of its performance under different market conditions.
Source Code of Future EA MT4
Now, let's talk about the source code. Unfortunately, we don't have access to the original source code of Future EA MT4 sold on MQL5. However, we can create a similar EA based on the description provided on the MQL5 website. If you have any questions about the code, feel free to ask. Remember, this is just an example code created by the EASY Trading Team, not the actual code sold on MQL5.
Code:
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