GBPUSD Robot EA MT4 V6.3 & SetFiles

Introduction about GBPUSD Robot EA MT4

GBPUSD Robot EA MT4  is a sophisticated automated trading system designed specifically for the GBP/USD currency pair. Using advanced technical analysis, it analyzes historical and real-time data to identify trends and key levels. The robot trades daily, Monday-Friday. A chart panel displays daily pips, profit, spread, and the current market session.

It features built-in Take Profit, Stop Loss, Trailing Stop, Break-Even, and a Recovery System, and it does not use grid or martingale strategies. The robot can also generate cashback, offsetting trading costs. Setup is simple, with only the lot size needing adjustment. Available for both MetaTrader 4 and MetaTrader 5, it works with any Forex broker. A detailed manual is provided in 9 languages. Contact us after purchase for access to our support group. Live results are available on our website.

Official website: https://www.mql5.com/en/market/product/123849

Technical Specifications

Key Features of the GBPUSD Robot EA MT4

• Designed for use with any Forex brokerage.

• Specifically designed for the GBP/USD market.

• The robot actively trades on a daily basis.

• Developed and rigorously tested by expert programmers.

• User-friendly installation, only one parameter to configure.

• Employs a Moving Average for trend confirmation on the GBP/USD pair.

• Access to a dedicated support community offering comprehensive assistance.

• The system uses position splitting, which can be configured from 1 to 5 positions.

• Comprehensive risk management tools including automatic Take Profit, Stop Loss, Trailing Stop, and Break-Even.

• A user-friendly panel provides real-time data, including daily pips, current market session, and a Forex calendar.

• The system is continuously improved based on user feedback, all upgrades are free.

Advantages of GBPUSD Robot EA MT4

Exceptional Profitability: The EA has generated a net profit of $1,089,236.38 with a win rate exceeding 98% on long and short positions. It averages $235.54 profit per trade while maintaining a low 8.89% maximum drawdown.

Robust Risk Management: Unlike EAs using risky grid or martingale methods, the GBPUSD Robot EA utilizes strategic Take Profit, Stop Loss, Trailing Stop, and Break-Even protection. This results in a high recovery factor of 55.54.

User-Friendly Design: The EA’s pre-optimized settings require only lot size adjustment. An intuitive panel displays daily profit, pips, spread, and the current market session.

Intelligent Algorithm: Developed by Marzena Maria Szmit, a 16+ year MQL5 Forex programming veteran, the EA uses Moving Average filters for GBP/USD trend confirmation and splits orders into multiple positions (default: 5) to mitigate risk.

Download, Installation and Usage Guide

Package Content:

Experts: GbpUsd Robot MT4 v6.3_1440+.ex4,  webrequest.txt

Presets:  GBPUSD M5.set

GbpUsd Robot.txt

Algofxbot.com is committed to making GBPUSD Robot EA accessible and easy to use. This step-by-step guide will walk you through the installation and setup process:

Step 1: Purchase and Download

1. Visit the Algofxbot.com website.
2. Navigate to the GBPUSD Robot EA MT4 product page.
3. Click the “Buy Now” or “Add to Cart” button.
4. Complete the checkout process, providing the necessary information and payment details.
5. Upon successful payment, you will receive a download link for the GBPUSD Robot EA  file.

Note: Because this EA unlocked using custom DLL, you need turn off antivirus to download this product.

Step 2: Install MetaTrader 4

1. If you don’t already have MT4 installed, download it from your Forex broker’s website or directly from the MetaQuotes website.
2. Install MT4 on your computer, following the on-screen instructions.

Step 3: : Install GBPUSD Robot EA MT4

1. Copy all DLL files to root MT4 folder.
2. Start MT4 terminal with new luncher.
3. Click on “File” in the top menu, then select “Open Data Folder.”
4. This will open a Windows Explorer window. Navigate to the “MQL4” folder, then the “Experts” folder.
5. Copy the GbpUsd Robot MT4 v6.3_1440+.ex4  file that you downloaded into the “Experts” folder.
6. Close the “Experts” folder and restart MetaTrader 4.

Step 4: GBPUSD Robot EA MT4

• Enable AutoTrading: Ensure that “AutoTrading” is turned ON in your trading platform.
• Add EA to Chart: Open the GBPUSD chart on the M5 timeframe (5-minute chart), Add the EA to this GBPUSD M5 chart.
• Configure Lot Size: Set the lot size according to your risk preferences and account size. (This is the only parameter you need to change initially.)
• Start Trading: The robot is now running with default settings and trading automatically.

Step 5: Configure GBPUSD Robot EA MT4

• Lot Size: Adjust trade volume to match your risk tolerance.

• News Filter: Avoid trading during major GBP/USD news events.

• Default Take Profit: No adjustment needed; optimized for most situations.

• Stop Loss: Already optimized; works well for most users.

• Trade Identifier: Change the Magic Number for unique trade tracking.

• Maximum Daily Trades: Limit the total number of trades opened each day.

• Selectable Trading Days: Choose which days (Monday-Friday) the EA will trade.

• Maximum Split Positions: Adjust the number of split orders (up to 5).

• OCO Mode (Non-Hedging): Designed for traders without hedging accounts or using US brokers.

• Market Volume Check: The EA monitors real-time volume to avoid illiquid markets.

• Currency-Based Profit Target: Define a profit amount in currency to close trades.

• Trade Comment: Customize this comment for better trade history tracking.

• Consistent User Interface: Familiar panel design displays key data and manual trade controls.

• Standardized Information Panel: Important information is displayed the same way across each bot.

Step 6: Monitoring and Optimization

GBPUSD Robot EA MT4 is running, it’s important to monitor its performance regularly. You can use MT4’s built-in monitoring tools to track open trades, profit/loss, and other metrics. Periodically review the EA’s performance and adjust the settings as needed to optimize its results.

This detailed guide ensures that even users with limited technical experience can successfully install and use GBPUSD Robot EA MT4. The emphasis on backtesting, demo account usage, and VPS utilization reinforces responsible trading practices.

Why You Should Buy from Algofxbot

When purchasing GBPUSD Robot EA MT4 from Algofxbot, you will benefit from:

• Professional Customer Support: The support team is always ready to assist you in setting up and using the product.
• Competitive Pricing: Algofxbot offers competitive pricing compared to the market.
• Regular Updates: Our lifetime free updates ensure that you always have access to the latest version and features.
• Proven Track Record: GBPUSD Robot EA MT4 comes with extensive back testing data, demonstrating its consistent performance across various market conditions. Our results are transparent and verifiable.
• Ethical and Transparent Practices: We believe in honesty and transparency. We don’t make unrealistic claims or promises. We provide realistic expectations and encourage responsible trading.
• Secure and Reliable: Your account security is vital. GBPUSD’s code is encrypted and it is highly secure

If you are looking for a reliable and efficient automated trading tool, GBPUSD Robot EA MT4 is the perfect choice. Explore this product further and start your successful trading journey today.

To learn more about Forex Robots Forex EAs, and other trading tools, visit Algofxbot’s website. We provide a range of automated trading solutions to help you optimize your trading strategy.