This EA will trade using standard MT4 indicators such as Moving Averages, MACD, RSI, Bollinger Bands, and so on. The EA was made so that these indicators can be mixed or matched so a number of possibilities can be traded with. Each indicator can be enabled or disabled and many settings are adjustable for each indicator. There are also other features included like multiple time frame capability and money management. As a result, many different trading strategies can be traded from this single EA. Trading results will depend on the strategy and settings you choose to use.
The MQL Universal EA is
FREE with no restrictions. It will work on any MT4 platform.
Note: DLL imports must be enabled for this expert advisor to work.
Attached is a sample back test for the first 3 months of 2022. There was a Profit factor of 140 with low drawdown. Many different combinations of settings are possible. Download and test for yourself to see other possible results.
Here is complete information about the
MQL Universal EA.
Source Code Available: If you would like the source code of this to make your own modifications or for other reasons, please email
support@mql-programming.com for the fee.
Linkback: https://www.forex.zone/mt4-mt5-eas/7/mql-universal-ea/36/