True North EA MT4. The trend robot that keeps its bearings.
True North is a fully automated GBPCHF EA for MT4, and trend following sits at its heart. It finds a market pulling hard in one direction, then it stays with the move. Last month that cross led the table, while USDJPY and EURJPY followed close behind. You attach it, and afterwards the robot does the work.
Why the GBPCHF EA for MT4 waits for a real trend
A push needs weight behind it, so the robot checks direction before it commits. Nothing opens while the market drifts sideways. Once a trend does appear, a stop loss and a take profit go on straight away. Break even and dynamic trailing then follow the move while it runs.
Forex, indices and shares on M5
The historical run covered Forex majors and crosses, indices and a wide basket of global shares. Every figure comes from the M5 timeframe and a 100 dollar account. Trending US shares gave the standout numbers. Meanwhile drawdown stayed low across the markets covered.
Multi pair last month (M5, 100 dollar account)
Results from last month on the M5 timeframe. Past performance does not guarantee future results.
Strengths of this GBPCHF EA for MT4
- Built to follow strong, persistent trends.
- Standout numbers on trending US shares.
- Solid on Forex majors and crosses as well.
- Low drawdown across the markets covered.
- Beginner friendly, because the dashboard stays clean.
Controls you get
- Fixed lot sizing, or a risk percent of the balance worked out for you.
- A stop loss and a take profit on every position.
- Break even, then dynamic trailing while the trend runs.
- Four session windows: Sydney, Tokyo, London and New York.
- High impact news avoidance.
- Daily profit target, plus a daily loss limit.
- Weekend shield that closes trades before the weekend gap.
- A unique magic number, so your other robots carry on untouched.
One account, a whole basket
A single account is enough for many symbols. Attach True North to several charts, then set position sizing to Fixed Lot on each of them. Every symbol keeps a controlled size that way, while the profits add up in the same balance. Since the robot tracks its trades per symbol, the charts never interfere with each other. For maximum compounding, rather, give one symbol its own account and use Risk percent.
Installing the GBPCHF EA for MT4
- First, open MetaTrader 4 and click File, then Open Data Folder.
- Next, place the .ex4 file in the Experts folder inside that data folder.
- Then refresh the Navigator in the terminal.
- Finally, drag True North onto an M5 chart and enable AutoTrading.
Recommended use
- Timeframe: M5. Minimum capital: 100 USD per instrument.
- Run it on a VPS, because a trend can start at any hour.
- Start on a demo account, and go live afterwards with an amount you accept to risk.
- Also, the Inputs tab and the user guide list the suggested symbol and balance.
Available for both MetaTrader 4 and MetaTrader 5. Instant download after purchase. Free updates for life. Questions? Write to info@binaryforexea.com.
Trading on MetaTrader 5 instead? Then get True North for MT5. Besides that, you can browse all our Expert Advisors.
