Mean-Reversion Forex Robot for MetaTrader
Ricochet EA is an automated trading robot built for steady, low-risk growth that anyone can run. You attach it, pick your risk, and it does the rest, from finding the trade to protecting it and closing it. No indicators to configure, no charts to read.
Ricochet is a mean-reversion robot that buys sharp dips and sells sharp spikes in the direction of the bigger trend, then rides the bounce back. It shines on Forex crosses, especially AUD pairs. That is exactly what makes it a great first robot for beginners as well as a solid multi-market workhorse for pros.
MULTI-PAIR • LOW DRAWDOWN • BEGINNER FRIENDLY!
Why Traders Pick Ricochet
- Runs on many markets – one robot, profitable across Forex majors and crosses (AUD pairs), plus stocks.
- Low, controlled drawdown – risk is capped on every trade and a daily profit lock keeps growth steady, not reckless.
- Truly hands-off – entry, position sizing, stop, trailing and exit are 100% automated. Set your risk once and let it work.
- Beginner friendly – sensible defaults out of the box, no complex tuning.
- No activation, no license hassle – buy once, use it forever, lifetime updates included.
Multi-Pair Results Last Month
Run on the M1 timeframe from a $200 account over the last month. Every instrument below closed the month in profit, most with drawdown well under 15%. Best performers: AUDJPY +42%, MUR (NYSE) +40%, HLIT (NAS) +34%.
| Instrument | Return | Net Profit | Trades | Profit Factor | Max Drawdown | Sharpe |
|---|---|---|---|---|---|---|
| AUDJPY | +42.1% | $84 | 40 | 7.02 | 9.0% | 11.06 |
| MUR (NYSE) | +40.2% | $80 | 37 | 3.76 | 10.5% | 39.29 |
| HLIT (NAS) | +33.8% | $68 | 31 | 3.82 | 8.7% | 17.92 |
| EXEL (NAS) | +32.1% | $64 | 30 | 3.79 | 10.4% | 18.76 |
| RYAAY (NAS) | +30.6% | $61 | 25 | 2.49 | 15.0% | 21.87 |
| FAF (NYSE) | +30.0% | $60 | 25 | 4.16 | 9.3% | 27.73 |
| AUDSGD | +27.8% | $56 | 32 | 4.61 | 9.4% | 7.37 |
| CATY (NAS) | +27.3% | $55 | 36 | 2.06 | 14.6% | 30.88 |
| GBPCAD | +22.3% | $45 | 46 | 1.69 | 11.0% | 6.55 |
| AUDUSD | +19.4% | $39 | 32 | 2.29 | 14.9% | 5.68 |
| NZDCHF | +14.8% | $30 | 22 | 3.93 | 5.5% | 4.47 |
| USDCAD | +14.5% | $29 | 37 | 1.56 | 13.4% | 4.28 |
Results come from historical data across the last month. Past performance does not guarantee future results.
Trading Several Pairs at Once
You do not need multiple accounts. Fund one account, attach the robot to several charts and switch Position Sizing to a fixed lot (for example 0.01 per pair). That way each pair keeps a controlled size and the profits from all of them add up together in the same account. For maximum compounding on a single instrument, run one pair per account in risk-percent mode. Do not use risk-percent with many pairs on the same account, since each chart would size on the full balance.
How It Works
Before it opens a trade, several independent market conditions have to line up: direction, momentum, strength and higher-timeframe agreement. If they do not all agree, it simply waits. This is why it trades selectively and keeps its win quality high instead of over-trading.
Once in a trade, the intelligent exit system takes over: an automatic stop protects the position, then a dynamic trailing stop follows the price to lock in profit as the move develops. A daily profit target can close the day in green and stand aside, which keeps drawdown low.
What’s Inside
- Adaptive position sizing – fixed lot or automatic risk-based sizing that grows with your balance.
- Smart exits – stop loss on every trade, break-even and dynamic trailing stop.
- Daily profit lock – stops trading once the day hits its target.
- News filter – MT5 uses the native economic calendar (no external URLs); MT4 uses the faireconomy calendar.
- Session control – trade only the sessions you want (Sydney / Tokyo / London / New York).
- Weekend shield – closes trades before the weekend to avoid gap risk.
- Spread & slippage filter and a clean on-chart dashboard.
Recommended Setup
- Markets: Forex majors and crosses (AUD pairs), plus stocks.
- Timeframe: M1
- Account: ECN / Raw Spread (low spread), from $200
- VPS: recommended for 24/5 uninterrupted trading
Installation
- After purchase, download the ZIP from your account and unzip it.
- Open your terminal: File -> Open Data Folder -> MQL5 (or MQL4) -> Experts and copy the Ricochet EA folder there.
- Restart the terminal (or right-click Navigator -> Refresh).
- Drag Ricochet EA onto a M1 chart, tick Allow Algo Trading, pick your risk in Inputs, and click OK.
Risk warning: Trading forex, CFDs, stocks and crypto involves a high level of risk and may not be suitable for all investors. Past performance does not guarantee future results. Live conditions may differ from historical data. Always try it on a demo account first and never risk money you cannot afford to lose.
One-time purchase, lifetime free updates • Support: Telegram @Temonba
