Idol EA MT4 v1.2 + SetFiles (Platform build 1440+)

Idol EA MT4 – Advanced Trend Scalping Expert Advisor (EA)

Idol EA MT4 is an advanced trend scalping Expert Advisor (EA) designed for the MetaTrader 4 (MT4) platform. This powerful EA accurately identifies buy and sell zones, calculating price consolidation levels and the probability of movement in the direction of the trend, ensuring optimized trade execution.

>>> Vendor Wedsite: Click here

About the Author

This product is compiled by Evgeniy Zhdan. This author has more than +12 years of experience working on MQL5 with many famous products such as Idol EA MT4, MagicWay EA MT5, AustralianHedging EA MT5 and other advisors. Among them, Idol EA MT4 is his best performing product.

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Idol EA MT4 Overview

Idol EA MT4 Features

1. Main Features:

✔ Advanced Trend Scalping Strategy – Identifies buy and sell zones based on price consolidation and probability calculations.

✔ Safe Trading Approach – No use of dangerous trading methods, ensuring risk control.

✔ Dynamic Trade Management – Uses traditional Stop Loss & Take Profit with Trailing Stop for optimized risk-reward.

✔ Automated Trade Execution – Closes trades based on price movement from one level to another (optional).

✔ Multi-Pair Compatibility – Supports USDJPY, EURGBP, EURUSD, GBPJPY, GBPUSD, and EURJPY on a 5-minute timeframe.

2. Additional Features:

✔ Fully Customizable Settings – Adjustable parameters for trading precision, lot size, slippage, spread, and more.

✔ Fibonacci-Based ATR Levels – Uses Fibonacci levels for ATR-based volatility assessment.

✔ Multiple Exit Strategies – Option to close trades on opposite trend signals or percentage-based profit.

✔ Visual Trading Aids – Displays buy/sell lines with customizable colors for easy trend identification.

✔ Magic Number System – Assigns a unique identifier for trades to avoid conflicts with other Expert Advisors.

Benefits of Idol EA

✔ Enhanced Profit Potential: Maximizes returns with trend-based scalping and smart risk management.

✔ Minimized Trading Risk: Secure trading with Stop Loss, Trailing Stop, and controlled lot sizing.

✔ Fully Automated & Hands-Free: No manual intervention required, ideal for beginners and professionals.

✔ Optimized for Stability: VPS recommendation ensures 24/7 uninterrupted trading.

✔ Easy Installation & Setup: Quick deployment with user-friendly configuration.

Idol EA MT4 Review

The Real Idol EA was backtested on USDJPY (M5 timeframe) over a 20-year period (2000 – 2020), starting with a modest initial deposit of $300. It achieved a massive total net profit of $4.24 million, indicating exceptional profitability and strong trade execution strategies. The EA demonstrated consistent growth with a high profit factor of 2.84, making it an ideal choice for traders seeking a reliable long-term trading solution. Key performance metrics:
✅ Initial Deposit: $300
✅ Total Net Profit: $4.24M
✅ High Win Rate: 91.47%
✅ Maximal Drawdown: 3.37%

Idol EA Backtest Results

Idol EA – Trading GBPUSD pair on M5 timeframe backtest analysis (2000 – 2020). Key performance metrics:
✅ Initial Deposit: $300
✅ Total Net Profit: $3.8M
✅ Maximal Drawdown: 14.31%
✅ Win Rate: 60.92%

Idol EA MT4 Backtest Results

Idol EA – Trading EURUSD pair on M5 timeframe backtest analysis (2000 – 2020). Key performance metrics:
✅ Initial Deposit: $300
✅ Total Net Profit: $4.7M
✅ Maximal Drawdown: 10.11%
✅ High Win Rate: 84.61%

Idol EA MT4 Backtests Results

User Reviews and Feedback

Idol EA MT4 demonstrates remarkable potential in delivering stable and reliable profits, making it a reliable tool in the forex market. Idol EA is highly regarded by the MQL5 community in many aspects and has gained the trust of its users.

✔ Bin Hua Teng (2021.03.14): “Great EA!”

Trading Specifications

Recommended settings and parameters to pay attention to from developers and experts:

>>> Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

1. Experts:

✔ Idol EA MT4 v1.2.ex4

2. Presets:

✔ Idol EA_Autolot_USDJPY_Mindd$300.set
✔ Idol EA_Autolot_EURUSD_Mindd$300.set
✔ Idol EA_Autolot_GBPUSD_Mindd$300.set

✔ Setting Guide: Click here

Conclusion

Idol EA stands out as a cutting-edge trend scalping robot for MetaTrader 4 (MT4), delivering optimized trade execution with a robust and secure strategy. Developed by the highly experienced Evgeniy Zhdan, this EA integrates an advanced trend-based scalping approach, risk-controlled trading, and fully automated execution, making it an ideal choice for both novice and professional traders.

With backtesting results spanning 20 years and demonstrating extraordinary profitability—such as a $4.24 million net profit from a $300 initial deposit—Idol EA has proven its reliability and performance in real trading conditions. Its compatibility with major forex pairs, customizable settings, and advanced exit strategies ensure flexibility and precision in trading.