GBPUSD EA is an MT4 GBPUSD Trading Robot FREE to Download. This expert, capable of handling many signals, is equipped with cutting-edge features designed to maximize trading potential while minimizing risk. A significant benefit of this AI expert is that it allows traders to trade actively by enabling the full trade option in the settings and running the expert simultaneously in several time frames.
Unlike many trading bots, this GBPUSD EA doesn’t employ dangerous strategies such as martingales and hedges, making it a safer option for traders. It can trade with a fixed lot or use an auto lot and increase the transaction size automatically according to the specified criteria. This EA impresses with its profit even on tiny deposits and has a low maximum drawdown when trading. It is designed to balance the risk-reward ratio (R/R = 1), as both the profit and loss limits are fixed. Furthermore, All transactions are always protected by a small Stop Loss and take profit.
Key Features of this GBPUSD EA
A Large Number of Trades: By processing a massive number of signals, this AI expert conducts a high volume of trades, thereby maximizing the potential for profits.
Versatile Settings: The GBPUSD EA has various configurable settings to tailor the trading process to individual requirements. The developer ensures that necessary settings will be added over time to enhance the bot’s functionality.
Risk-Avoidance: This EA, devoid of risky trades such as martingales and hedges, offers a safer environment for trading.
Highly Compatible: It can be employed in trading the GBPUSD symbol in M15, M30, H1, H4, and daily, giving users a range of options to match their trading style.
Credible Testing: The bot has been rigorously tested with the most reputable brokers in the world, ensuring its effectiveness and reliability.
Take Profit (TP) and Stop Loss (SL) Features: All trades have TP and SL strategies to ensure a balanced risk profile.
Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how the GBPUSD EA works, then only use it in a real account.
Recommendations for this MT4 GBPUSD Robot
Minimumaccount balance of 100$.
This EA is specificallymade to work on GBPUSD. (Work on any pair)
Work best on M15 , M30 , H1 , H4 and D1 TimeFrames. (Work on any TimeFrame)
MT4 GBPUSD should be online for 24 hours for the best performance. Recommend using a VPS (Reliable and Trusted FOREX VPS – FXVM)
The EA is NOT sensitive to spread and slippage. But We advise using a good ECN broker (Find the Perfect Broker For You Here)
GBPUSD Robot leverages sophisticated artificial intelligence computations to deliver these impressive features. It has been meticulously trained over seven months using data from previous years, types of patterns such as candlestick patterns, harmonic patterns, and more. The AI also incorporates data from specific areas such as support, resistance, and rand price and utilizes personalized indicators, including the most reliable and newest ones.
The AI system feeds all this wealth of information from various reputable brokers. The AI’s subsequent analysis and decisions are based on this comprehensive data pool, allowing it to make accurate, timely, and profitable trading decisions. The AI’s capabilities to learn from this diverse array of data is a testament to its robust training, which, combined with its advanced algorithms, equips it with unparalleled trading acumen.
Trade Order Buy – The expert performs “buy” trades if this option is active. Otherwise, Expert Trade will not do “buy”.
Trade Order Sell – The expert performs “sell” trades if this option is active. Otherwise, Expert Trade will not do “sell”.
Full trade – The GBPUSD EA trades a lot if this option is active. For example, it may do 5 trades at the same time.
This option is significant. Try not to enable this option. Because the amount of risk in the default setting is 5%, and if the expert opens 5 trades simultaneously, you have risked 25%, which is a scary number. I recommend not activating this option unless you have mitigated the risk.
Magic Number – If you want to run several experts simultaneously, each expert must have a different magic number.
So with these settings, you can determine the magic number of this expert. Also, if you want to run our expert in several different time frames, each must have a different magic number.
Comment – Comments help identify multi-expert trades.
If you have run several instances of MT4 GBPUSD simultaneously, with our expert comment, you will know which trade is for our expert. In the default settings, the comment is equal to: ***** You can set your comment. This setup is great when you run our Expert on multiple time frames.
Risk Type – Risk is variable by default. Between 1 and 5 percent. But in this version, you can specify the risk more precisely. For example, the risk is 1%, or 4%, or… For risk, we have put six options: Automatic: Like the previous version, the risk varies between 1% and 5%. about 1% about 2% about 3% about 4% about 5% Risk cannot be accurately determined. For example, it cannot be said that he always trades precisely 1%. If you want to be more precise than this, you should use the lot setting.
Set the Lot Value Manually – From now on, you can set the lot amount manually from 0.01 lots to 50 lots. This mode is variable in the default settings. That is, in each trade, the lot amount is different. If you change these settings, the GBPUSD Robot trades with a fixed amount of lots in each trade.
Take Profit – You can adjust the TP value yourself. ( Based on points ) In the default mode (TP=0), the profit limit is determined by artificial intelligence.
Stop Loss – You can adjust the SL value yourself. ( Based on points ) In the default mode (SL=0), the profit limit is determined by artificial intelligence.
Break-even enable – Enable this section if you want to use the break-even settings.
Suppose your trade is running and has more than 500 points in profit, and you want to close the trade if the reversal and trading process are at a loss. To do this, enable these settings. That is, equal the loss limit with the trade’s opening price. In this case, if the trend returns, you will not lose, and the trade will be closed with 0 points of profit and 0 points of loss.
Break-even point – After reaching this amount of profit (based on the points), the GBPUSD EA sets the loss limit equal to the opening price of the expert.
In the previous section, we found out what these settings are. Now we need to set these settings to be activated after a few points of profit. In default mode, the expert activates these settings after reaching 50 points of profit. After 50 points of profit, the expert equates the loss limit amount with the opening price of the same transaction.
Progressive Trailing Stop – Suppose your trade is in profit. If you want to keep this profit so that you do not lose the return process, these settings are helpful for you.
To understand how these settings work, I will give you an example.
To enable these settings first, make Enable Progressive Trailing Stop = True
If you run with the same settings, it looks like this:
First, when the trade opens, we are at the beginning of the road. That is, we have traveled 0% of the “route” or “profit” or “TP”. That’s mean: Percentage Tier 1 = 0.0
The SL is 100%(full sl) away from the current market price. This means that the maximum loss limit is. Tier 1 = 100 (Based on percent)
If the trade moves towards profit and goes 50% of the way, the second part of these settings will be activated. That’s mean: Percentage Tier 2 = 50
In the second part, the loss limit is reduced. The loss limit equals Tier 2 = 50 (Based on percent ). The loss limit moves with a maximum distance of 50 % behind the price.
Now suppose the trade moves towards profit again. If it completes 80% of the route( Percentage Tier 1 = 80 ), the third part of this setting will be activated. Percentage Tier 3 = 80
By activating the third part of these settings, the loss limit is reduced and reaches 20%. Tier 3 = 20 (Based on percent)
Max Spred Pips – If your broker’s spread exceeds this amount, he will not make MT4 GBPUSD trade.
This setting is useful when the spread becomes too large, for example, during the news or when the market is closed. Or when there are few trades. The lower this value, the better.
In conclusion, this GBPUSD EA presents a powerful AI-driven tool for traders in the GBPUSD market. Its blend of safety, adaptability, profit-driven features, and its ability to operate across multiple time frames makes it an ideal choice for new and experienced traders.