Exorcist Projects EA MT4 (Latest version)

Exorcist Projects EA MT4: Multi-Strategy Automated Trading with Averaging System

Exorcist Projects is a multi-currency, multi-functional Expert Advisor (EA) that operates on an averaging system with a non-geometric progression. EA is designed to work on a wide range of currency pairs by finding medium-term trends and opening positions on pullbacks. The EA is a versatile tool for automated trading, featuring a combination of proprietary indicators and built-in protection systems. It avoids high-risk methods like martingale and provides extensive customization options for both beginners and experienced traders.

➡️ Vendor Wedsite: View here

About the Author

This product is compiled by Ivan Simonika. This author has more than +5 years of experience working on MQL5 with many famous products such as Exorcist Projects, Correct Approach Extrapolation, HighScalpel EA MT4, Force EA MT4 and other advisors. Among them, Exorcist Projects EA is his best performing product.

➡️ Delivery time 24h-48h after payment.
➡️ Refund if not delivered.
➡️ You will receive the current version without any limitations (ID+Time).

Exorcist Projects EA MT4 Overview

Key Features of Exorcist Projects

🔹 Proprietary Averaging System: The EA’s operation is based on a unique averaging system that uses a non-geometric progression for building its trading grid.
🔹 Built-in Protection Systems: It includes special filters, spread control, and internal trading time limitations to ensure safe and reliable trading.
🔹 Multi-Strategy Approach: The algorithm combines several proprietary indicators and special systems, working together to eliminate false signals and find more accurate entries.
🔹 Trend-Following Logic: The EA is a trend expert that works on medium-term trends, searching for a clearly defined direction and opening positions on pullbacks.

Additional Features

🔹 Multi-Currency and Multi-Timeframe: The bot is designed to work on a wide variety of currency pairs and on any timeframe, offering high versatility.
🔹 Customizable Aggressiveness: You can customize the aggressiveness of your trading and choose to work with or against the trend.
🔹 Pending Order Management: The EA works with pending orders and includes a trailing feature to manage these orders effectively as the price moves.
🔹 Virtual and Real Stop Orders: To secure profits, the EA uses both real and virtual Stop Loss (SL) and Take Profit (TP) orders.

Exorcist Projects EA MT4 Review

🔹The Exorcist Projects EA underwent an extensive historical backtest on the USDCHF M1 timeframe spanning over five decades (1971.01.04 – 2023.07.03). Starting with an initial deposit of $1,000 and leverage of 1:100, the results show extraordinary growth and remarkably low drawdowns relative to the massive profits achieved.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $292,266,000
✅ Win Rate: 89.72%
✅ Balance Drawdown Maximal: 0.54%
✅ Equity Drawdown Maximal: 0.96%

Exorcist Projects EA Backtest Results

🔹The Exorcist Projects was tested over three decades of historical data (1993.05.12 – 2023.07.02) on the GBPUSD H1 timeframe, starting with an initial deposit of $1,000 and leverage of 1:100.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $481,485,000
✅ Win Rate: 92.56%
✅ Balance Drawdown Maximal: 0.25%
✅ Equity Drawdown Maximal: 1.09%

Exorcist Projects EA MT4 Backtest Trading Results

🔹The Exorcist Projects was tested on EURUSD over more than five decades of historical data (1971.01.04 – 2023.07.02) using the H1 timeframe, starting with a small $1,000 initial deposit and leverage of 1:100.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $427,220,000
✅ Win Rate: 93.24%
✅ Balance Drawdown Maximal: 2.88%
✅ Equity Drawdown Maximal: 0.96%

Exorcist Projects EA MT4 Backtest Results

🔹The Exorcist Projects was tested on AUDUSD using M1 timeframe data spanning from 1993.04.27 to 2023.07.03. Starting with just a $1,000 initial deposit and a leverage of 1:100, the EA delivered remarkable profitability with consistently high win rates and controlled risk exposure.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $277,151,000
✅ Win Rate: 93.14%
✅ Balance Drawdown Maximal: 2.86%
✅ Equity Drawdown Maximal: 1.51%

Exorcist Projects EA Backtest Trading Results

Why use Exorcist Projects EA?

🔹 Enhanced Safety: The EA avoids risky techniques like martingale and other dangerous methods, making it a safe choice for automated trading.
🔹 Emotional-Free Trading: As an automatic system based on mathematical calculations, it removes emotional bias from your trading decisions.
🔹 High Customizability: With a wide range of customizable parameters, you have full control over the EA’s behavior, allowing you to fine-tune it to your exact preferences.
🔹 Comprehensive Protection: The combination of built-in filters, spread control, and both real and virtual stop orders provides a high level of capital protection.

User Reviews and Feedback

Exorcist Projects shows significant potential in providing stable and reliable profits, making it a reliable tool in the Forex market. The advisor is highly appreciated by the MQL5 community in many aspects and has won the trust of users.

➡️ Aceman (2025.08.07): “Backtests very solid, author supportive and helpful. I will update in a few months to see how it goes.”

Recommended settings

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:

✅ Expert: Exorcist Projects_fix.ex4
✅ Exorcist Projects_User_Guide

Conclusion

In short, Exorcist Projects is a high-precision, trend-following Expert Advisor that combines a proprietary averaging system with a powerful multi-strategy framework to deliver consistent and secure trading performance. Unlike conventional grid or martingale robots, its unique non-geometric progression grid ensures controlled risk while maximizing profit opportunities. Supported by built-in protection systems, including advanced filters, spread control, and strict time-based trading rules, it operates with a high level of safety and reliability.