MarketFollower EA MT4 (Latest version) - Unlimited

What is MarketFollower EA?

MarketFollower EA is a trend-based Expert Advisor (EA) built for automated trading across multiple instruments and timeframes. It adds positions only in the direction of the prevailing market movement, using structured distance logic and controlled scaling. Designed for stability and adaptability, it integrates profit targets, drawdown protection, and exposure limits to maintain disciplined risk management during trending conditions.

 Vendor Website: View here

About the Author

This product is compiled by Cristian Mihai. This author has more than +8 years of experience working on MQL5 with many famous products such as MarketFollower EA MT4, MarketFollower EA MT5 and other advisors. Among them, MarketFollower 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).

MarketFollower EA MT4 Review

Key Features of MarketFollower EA for MT4

🔹 Trend-Following Execution: Adds Buy or Sell positions strictly in market direction.
🔹 Step-Based Position Scaling: Opens new trades at defined pip distances from last entry.
🔹 Global Take Profit (TP) Control: Closes all open positions when profit target is reached.
🔹 Drawdown Stop Protection: StopOut closes all trades if equity drop exceeds threshold.
🔹 Maximum Order Limitation: Caps total open trades to control exposure risk.
🔹 Single Trade Per Candle Rule: Prevents overtrading by limiting one position per bar.

What is the MarketFollower EA Trading Strategy?

🔹 Directional Market Logic: Follows bullish or bearish trends without countertrend entries.
🔹 Breakout Waiting Mechanism: Pauses new trades during range until breakout occurs.
🔹 Step Distance Framework: Uses predefined pip intervals for structured scaling.
🔹 Portfolio Profit Closure: Uses cumulative Take Profit (TP) to exit all trades.
🔹 Equity Risk Safeguard: Applies StopOut as a protective Stop Loss (SL) mechanism.

MarketFollower EA MT4 Review

The MarketFollower EA has achieved impressive profit performance over many years of trading reversion tests with EURUSD. This EA demonstrates excellent ability to master the market and increase profits.

✅ Initial Deposit: $5,000
✅ Total Net Profit: $2,947.45
✅ Win Rate (% of total): 81.72%
✅ Maximum Drawdown: 27.44%

MarketFollower EA MT4 Backtest

MarketFollower EA Backtest

Why Choose & Use MarketFollower EA?

🔹 Stability in Trending Markets: Designed to perform during sustained bull or bear phases.
🔹 High Adaptability: Custom settings allow optimization per instrument and timeframe.
🔹 Controlled Scaling Logic: Step and lotstep parameters manage gradual exposure growth.
🔹 Discipline-Focused Automation: Eliminates emotional countertrend trading decisions.
🔹 Marketplace-Ready Solution: Ideal for traders seeking structured trend automation.

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:

 Experts: MarketFollower_fix.ex4

Conclusion

In short, MarketFollower EA stands out as a reliable automated trend trading EA for MT4, combining directional logic with controlled position scaling. Its maximum order limits, cumulative profit targets, and StopOut safeguards enhance capital protection. Ideal for traders seeking stable performance during strong bull or bear phases, it provides rule-based and emotion-free execution.