Forex MT5 iMeta Trade Robot review:
About The Forex MT5 iMeta Trade Robot
iMetaTrade is a revolution in Trend trading. Not only does it always follow the trend on every trade, it manages to take a quantitative view of the forex market as a whole. Using complex internal algorithms, it follows institutional market movements.
This is a professional multi-currency EA, conveniently running all pairs from one chart. It is infinitely customisable to individuals’ goals and risk appetite. It can trade any currency and we recommend testing various setups to appreciate its full potential! The strength of iMetaTrade lies in its ability to diversify across non-correlated assets. It achieves this by letting winning trades run on some pairs, compensating losses on others – similar to how hedge funds operate.
Professional trading tool, aimed at long-term investor mentality
Strictly adheres to mathematical and statistical methods
Unique adaptive TP algorithm programmed in, adapting to strength of market
Customisable safety features, according to individual users risk tolerance
Proprietary trend identification algorithm, confirming trend strength and duration
Spread and rollover filters
Does not depend on broker conditions, not sensitive to spread, commission or account type (no scalping)!
System live traded and refined for over 3 years
Highly diverse, as risk constantly spread over multiple currencies
Stable growth curve due to diverse nature of strategy
Standard settings can be used on any market, proving strategy ‘edge’ and strength
Fully automatic, no manual intervention required
Easy set-up, only needs attaching to a single chart, from which it manages all pairs
Full list of parameters and explanations available in the blog .
All parameter settings are in points (1 pip = 10 points)
Attach to single EURUSD 1 HR chart (trades all pairs from one chart)
Recommendation: trade multiple pairs to diversify
Recommend leverage: 1:100 or higher
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)