MEF AlgosoftEA is an MT4 Bot FREE to Download. MEF Algosoftbot is a soft MT4 single-order expert advisor designed for an efficient and profitable trading experience. In this article, we will explore the features of the MEF Algosoftbot and discuss why it could be an ideal choice for both beginner and experienced forex traders.
There is little information about it, but MQL5 Signal monitoring of this EA exists. This MQL5 monitoring shows stable results on a real broker account for many months.
Features of this MT4 Bot
Single Order Expert Advisors
MEF Algosoftbot is a single-order EA, which operates on the MetaTrader 4 platform and focuses on executing only one order at a time. This ensures a focused and disciplined trading strategy, reducing the risk of impulsive trading decisions leading to significant losses.
Don’t use dangerous trading methods
The Algosoftbot does not rely on high-risk strategies like grid hedging, averaging, martingale, or switching. This ensures a safer trading approach, which can lead to more consistent results over time.
Hidden Virtual Take Profit, Stop Loss, and Trailing Features
The EA employs hidden virtual take profit and stop loss features, ensuring that your trading strategy remains discreet and less susceptible to being targeted by brokers. Additionally, the Algosoftbot includes a hidden trailing feature to set a virtual lock profit, allowing for dynamic management of profitable positions.
Controlled Trading Frequency
MEF Algosoftbot does not trade excessively, with approximately 8 to 11 trades per week, and only one at a time. It can also sometimes go a few days without trading, ensuring a measured approach and reducing the risk of overtrading.
Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how the MT4 Robot works, then only use it in a real account.
Recommendations for Profitable MEF Algosoft
- Minimum account balance of 100$.
- Work Best on XAUUSD, US30, US100, and EURUSD pairs. (Work on any pair)
- Work Best on M5 and H4 TimeFrames. (Work on any TimeFrame)
- This MEF Algosoft EA should work on VPS without any interruption to reach stable results. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread account is Recommended (Find the Perfect Broker For You Here)
 | No Minimum Deposit | |
 | Min Deposit of 50$ |
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Input Parameters
- Opsi_Lot – choose Autolot or Fixed lot
- Fixed_Lot – input your manual Lot
- Pembagi_Balance – Pembagi balance work for Autolot
Default 20000, for example, with 50000, then MEF order size is 2.5 Lot - Hidden_TP – feature to set Virtual Take Profit
- Hidden_SL – feature to set Virtual Stop Loss
- Used_Trailing – true/false feature to set Virtual Lock Profit
- Hidden_Trailing – for locking profit Virtual
Conclusion
The MEF Algosoft Robot is an innovative MT4 expert advisor aiming to provide forex traders with a safe, efficient, and profitable experience. Its unique features, such as single order execution, compatibility with all currency pairs, and controlled trading frequency, make it suitable for traders of all experience levels. With a minimum deposit requirement of only $100, this MT4 Bot offers an accessible and risk-managed trading solution for those looking to venture into the world of forex trading.
Thanks but it seems backtest not working . . . ?
in fact bt works in ticks but very very very .. slow
Is there anyone who used this ea?
It’s not allowing me to download. The file can’t be opened
steady loss guaranteed)
Personalmente me gustan mucho este tipo de EA, aunque con la configuración predeterminada este bot no es rentable, en realidad no sirve. Sin embargo intenté configurar sus parámetros de tal manera que asà tuviera una relación riesgo beneficio negativa, fueran pocos los trades perdedores. Espero les funcione, está probado en el par XAUUSD en temporalidad de m5.
Is it only profitable on the M5 timeframe? How does it perform on other timeframes?