FOREX XplosiveProfits EA is a fully automated robot for MetaTrader 4, and it trades five popular symbols. It combines advanced algorithms with intelligent decision making, so you do not have to place the orders by hand.
XplosiveProfits EA specifications
- PLATFORM: MT4
- TF: ALL BUT BEST M5
- PAIRS: EURUSD, GBPUSD, AUDUSD, USDJPY, XAUUSD
- MIN DEPOSIT: $1000 PER PAIR
- LEVERAGE: 1:500
- ACCOUNT: All, but ECN or PRO Low Spread Recommended
What the XplosiveProfits EA does
The robot reads the chart and then it decides on its own. Therefore your work is limited to the setup: pick a symbol from the list above, fund the account with the minimum deposit, and let the EA run. Also, the timeframe is free, while M5 is the one we recommend.
It runs on any account type, but a low spread ECN or PRO account suits it best, because spread is a cost on every single order. Moreover, the leverage we use is 1:500, and the minimum deposit is $1000 per pair, so each symbol carries its own capital.
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How to install the XplosiveProfits EA in MetaTrader 4
- First, download the file from your account and unzip it.
- Then open MetaTrader 4 and click File > Open Data Folder.
- Next, open the Experts folder inside the MetaTrader data folder and paste the .ex4 there.
- After that, right click Expert Advisors in the Navigator and choose Refresh.
- Now drag the robot onto the chart of the symbol you picked.
- Then set the timeframe, because M5 is the recommended one.
- Finally, click AutoTrading on the toolbar, so the EA can place its orders.
Risk reminders before you go live
The forex market moves around the clock, so leave the terminal online while the robot works, either on a VPS or on a computer that stays on. Also, try it on a demo account first, and fund each pair with money you can afford to lose.
Trading leveraged products carries a high level of risk to your capital. Past results do not guarantee future results. You trade at your own risk.
Looking for another automated robot? Then browse all our Expert Advisors, because there is one for almost every style.
