CheetaFX EA MT4 with SetFiles (Platform build 1421+)

What is CheetaFX EA?

CheetaFX MT4 is an automated and optimized Expert Advisor (EA) for EURUSD trading. The advisor integrates a high frequency strategy with fixed Take Profit (TP) levels and generates small and quick profits, operating in the direction of the trend.

These take profit levels can be completely changed according to the wishes of all levels of investors, helping traders to operate easily and overcome the challenges of the forex market easily.

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Key features of CheetaFX EA for MT4

🔹High frequency trading: Execute multiple trades in a short period of time to take advantage of small market movements.

🔹Fixed take profit: Set a specific take profit level for each trade, ensuring profits are locked in when the target is reached.

🔹Trend following: Open positions in the direction of the current trend to increase profitability.

🔹Risk management: Use limit orders to minimize risk when the market moves against your prediction.

🔹Optimized for EURUSD: Specifically designed to work effectively on this currency pair.

What are the outstanding advantages and trading strategies?

1. CheetaFX EA trading strategy:

🔹Open multiple positions: When a new Trend is detected, the EA will open a series of small positions in the same direction.

🔹Fixed take profit: Each position will have a pre defined take profit level, ensuring that profits are locked when the target is reached.

🔹Limit order risk management: If the market moves against your prediction, limit orders will help limit losses.

2. Outstanding advantages:

🔹Make quick profits: Thanks to high frequency trading and fixed Take Profit, the EA can make small but continuous profits.

🔹Effective risk management: The use of limit orders helps minimize risks when the market is volatile.

🔹Ease of use: The user friendly interface makes it easy for users to install and use the advisor.

CheetaFX EA MT4 Review

1. CheetaFX EA Myfxbook Results:

CheetaFX EA has been verified profitable by MyFxBook in the long term and has achieved impressive returns. The advisor shows good EURUSD trading potential and high profit rate.

✅ Total Gain: +63.92%
✅ Average Monthly Profit: 1.86%
✅ Maximum Drawdown: 21.65%

CheetaFX EA Performance Verified by Myfxbook

2. CheetaFX EA backtest Results:

The CheetaFX EA backtest trading results achieved impressive profit performance for 7 consecutive months on the EURUSD. The advisor showed the ability to maintain safe stars on the 15-minute chart.

✅ Initial Deposit: $2,000
✅ Total Net Profit: $2,146.83
✅ Win Rate: 69.85%
✅ Maximum Drawdown: 19.72%

CheetaFX MT4 Backtesting Test Results

Recommended settings

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

➡️ Reviewed by David Easton

Product download package includes

The download package of the product suite includes:

1. Experts:

✅ CheetaFX_fix.ex4

2. Presets:

✅ EURUSD_$2000_High Risk.set
✅ EURUSD_$2000_Low Risk.set
✅ EURUSD_$2000_Medium Risk.set
✅ CHEETAFX GoldScalper_M15.set

Conclusion

In short, CheetaFX EA is a high-frequency trading system built for precision, stability, and consistent profits on EURUSD. It follows the trend, uses fixed take-profit targets, and applies strict limit-order risk management for safety. Verified by Myfxbook and proven in backtests, CheetaFX EA offers transparent, efficient, and reliable performance — the ultimate edge for long-term forex traders on MT4.