EATradeATRPlus MT4 (Latest version) - Unlimited
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Quick Overview
EA Trade ATR Plus is a fully automated trend following EA for MetaTrader 4, designed for EURUSD. Its stop loss and take profit are sized from the ATR indicator, every order is protected by a stop loss and trading hours can be limited by the trader. It is described as not using martingale, grid or arbitrage methods at all.
Best For:
✅ EURUSD traders on MetaTrader 4.
✅ Users who want ATR based stops.
✅ Traders who want a stop on every order.
✅ Users who prefer no martingale or grid.
✅ Traders starting with a small deposit.
What is EA Trade ATR Plus MT4?
EA Trade ATR Plus is an Expert Advisor (EA) for MetaTrader 4. It is a fully automated trending advisor designed for EURUSD.
Its stop loss and take profit are based on the ATR indicator, and it offers trading hours and an automatic lot option.
⭐ Vendor Website: View here
⭐ Delivery time 24h-48h after payment.
⭐ Refund if not delivered.
⭐ You will receive the current version without any limitations (ID+Time).
EATradeATRPlus MT4 Review
How Does EA Trade ATR Plus MT4 Work?
Trend Following
The EA follows the market trend and opens trades in its direction.
ATR Based Exits
The stop loss is sized from the ATR value, and the take profit is a multiple of the stop loss.
Trading Hours
A start hour and an end hour define when the EA may trade.
Lot Sizing
The lot can be entered manually or calculated automatically from the account balance with a chosen factor.
Key Features of EA Trade ATR Plus MT4
Trend Following Algorithm
The EA is based on a trend following algorithm that is described as tested over many years, though no report is attached here.
ATR Based Stop Loss
The stop loss follows the ATR indicator through a multiplier, so the distance adapts to current volatility instead of staying fixed.
Take Profit from Stop Size
The take profit is a multiple of the stop loss, which keeps a consistent risk to reward relation across all trades.
Stop Loss on Every Order
Each order is described as protected by a stop loss, which sets a limit on the loss of a single trade from the start.
Capital Management System
An automatic lot calculation sizes trades from the balance, and a manual lot is used when the automatic option is turned off.
Adjustable Trading Hours
A start time and an end time in hours let the trader choose the part of the day in which the EA is allowed to trade.
No Martingale, Grid or Arbitrage
The product states that it avoids martingale, grid and arbitrage methods, which removes the usual chain of growing positions.
Historical Trading Results Performance
✅ EA Trade ATR Plus MT4 was backtested on EURUSD using the H1 timeframe from February 6 to March 30, 2020, covering approximately 7.5 weeks. The test achieved a 90% modelling quality.
EATradeATRPlus MT4 Backtest Results
| Parameter | Results |
|---|---|
| Trading Symbol | EURUSD |
| Timeframe | H1 |
| Testing Period | Feb 6 – Mar 30, 2020 |
| Initial Deposit | $1,000 |
| Total Net Profit | $3,833.60 |
| Profit Factor | 1.64 |
| Total Trades | 133 |
| Winning Trades | 60 (45.11%) |
| Maximum Drawdown | 19.73% |
✅ EA Trade ATR Plus MT4 was backtested on EURUSD using the H1 timeframe from February 6 to March 30, 2020, covering approximately 7.5 weeks. The test recorded a net profit of 51,521.39 with a maximum drawdown of 49.92%.
EATradeATRPlus Backtest Results
| Parameter | Results |
|---|---|
| Trading Symbol | EURUSD |
| Timeframe | H1 |
| Testing Period | Feb 6 – Mar 30, 2020 |
| Initial Deposit | $1,000 |
| Total Net Profit | $51,521.39 |
| Profit Factor | 1.37 |
| Total Trades | 133 |
| Winning Trades | 60 (45.11%) |
| Maximum Drawdown | 49.92% |
Risk Management
Low Drawdown Is a Claim
The product mentions low drawdown, but no report supports it, so real drawdown can be deeper than expected.
A Stop Loss Can Still Slip
Gaps and fast moves can pass the stop-loss level, so the real loss can be larger than planned.
ATR Stops Can Be Wide
In volatile markets the stop distance grows, so each loss can be larger and the take-profit target also sits farther away.
Trend Systems Struggle in Ranges
When the market moves sideways, trend signals can fail several times in a row and reduce the balance.
Automatic Lots Add Exposure
Sizing from the balance raises the lot as the account grows, so a bad run costs more after a good one.
What Sets It Apart
Volatility Based Exits
Both the stop and the target adapt to the ATR, which is more flexible than fixed distances.
Few Inputs
The EA has a short list of parameters, which makes it quick to set up and easy to review for a trader.
Clear Risk Rules
A stop on every order and no martingale or grid methods are stated, which sets simple rules for the account.
Low Entry Barrier
The stated minimum deposit is small, which lets traders test the EA on a modest live account.
Recommended Trading Conditions
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | Any |
| Currency pairs | EURUSD |
| Minimum / Recommended deposit | $100+ |
| Minimum / Recommended leverage | Any |
| Account type | Any |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com (Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
Product Download Package?
The download package of the product suite includes:
✅ Experts: EA Trade ATR Plus.ex5
Final Verdict
EA Trade ATR Plus MT4 is a trend following robot for EURUSD that sizes its stop loss from the ATR indicator, sets the take profit from the stop, protects every order with a stop and lets traders limit the trading hours. It is described as avoiding martingale, grid and arbitrage, which suits cautious traders who start with a small deposit and want simple rules. The entry logic is not explained, the low drawdown claim is unverified and no results are published, so a demo test on a small size should come first.
🔢 EA Trade ATR Plus MT4 Settings Guide: Complete Input Parameters Explained
EA Trade ATR Plus MT4 is an automated trading Expert Advisor that uses Average True Range (ATR)-based parameters to configure trade protection and profit targets. Its input settings include a fixed-lot option, an ATR reference value, a Stop Loss multiplier, a Take Profit ratio, a balance-based lot calculation setting, and trading-hour restrictions.
The current configuration uses a reference lot size of 0.01, an ATR value of 27.0, an ATR Stop Loss multiplier of 2.0, and a Take Profit ratio of 2.0. Understanding these inputs helps traders evaluate how the EA may calculate position sizes, establish trade exits, and control its trading schedule in MetaTrader 4.
EATradeATRPlus MT4 Settings Panel
⚙️ Lot Size and Position Sizing Settings
🔹 lot (if lot calculation = 0) = 0.01: Sets the fixed lot size to 0.01 when the lot calculation parameter is set to 0, providing the default trade volume for fixed-lot operation.
🔹 lot calculation (AccountBalance/100k) = 0: Selects the lot calculation mode using the value 0; based on the parameter description, this appears to disable the balance-based calculation and use the fixed lot size instead, although the precise behavior depends on the EA’s internal logic.
⚙️ ATR-Based Stop Loss and Take Profit Settings
🔹 ATR = 27.0: Sets the ATR-related input to 27.0, which may serve as a volatility reference for calculating trade protection or exit distances; the exact role of this value depends on how the EA implements its ATR calculation.
🔹 SL (ATR) = 2.0: Sets the Stop Loss multiplier to 2.0, indicating that the EA may calculate the Stop Loss distance as twice its configured ATR reference when using ATR-based stop management.
🔹 TP (SL) = 2.0: Sets the Take Profit ratio to 2.0, indicating a potential reward-to-risk relationship of 2:1, where the target distance is twice the Stop Loss distance if the EA applies this parameter as a direct multiplier.
⚙️ Trading Time Settings
🔹 start of trading (Hour) = 2: Sets the trading start hour to 2, meaning the EA is configured to begin its permitted trading period at hour 02:00 according to the time reference used by the EA, commonly the broker’s server time.
🔹 end of trading (Hour) = 23: Sets the trading end hour to 23, defining the end of the permitted trading period at hour 23:00 according to the EA’s configured time reference.
🔢 Conclusion
The EA Trade ATR Plus MT4 settings provide a straightforward configuration for position sizing, volatility-based trade exits, and trading-hour control.
🔹 Position sizing: The fixed lot size is 0.01, and the balance-based lot calculation input is 0.
🔹 Volatility reference: The ATR input is 27.0, with a Stop Loss multiplier of 2.0.
🔹 Profit target: The Take Profit ratio is 2.0, potentially targeting twice the Stop Loss distance.
🔹 Trading schedule: The configured trading window starts at hour 2 and ends at hour 23.
Before using these settings on a live account, verify the EA’s lot calculation logic, the unit used by the ATR input, the precise interpretation of the Take Profit ratio, and the broker time zone. Backtesting and demo trading can help assess the configuration under different market conditions. No parameter combination guarantees profitable trading.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is EA Trade ATR Plus MT4?
A fully automated trend following Expert Advisor for MetaTrader 4, designed for EURUSD, with stops and targets based on the ATR indicator.
❓ Which pair does EA Trade ATR Plus MT4 trade?
EURUSD
❓ How does EA Trade ATR Plus MT4 set its stop loss?
From the ATR value, using a multiplier so the stop distance follows current volatility.
❓ How does EA Trade ATR Plus MT4 set its take profit?
As a multiple of the stop loss size, which keeps a fixed relation between risk and reward.
❓ Is EA Trade ATR Plus MT4 a martingale or grid EA?
The product states that it does not use martingale, grid or arbitrage. A demo test helps confirm this before real money is used.
❓ Does every order in EA Trade ATR Plus MT4 have a stop loss?
Yes. Each order is described as protected by a stop loss.
❓ Can trading hours be set in EA Trade ATR Plus MT4?
Yes. A start hour and an end hour define when the EA may trade.
❓ How is lot size set in EA Trade ATR Plus MT4?
Manually, or by an automatic calculation from the account balance using a chosen factor.
❓ What deposit does EA Trade ATR Plus MT4 need?
A small minimum deposit is stated, and a larger balance gives more room for losing periods.
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