Forex NB Bars Expert Advisor

Forex NB Bars Expert Advisor review:

This is one of my best and safest EAs. It’s safe because it doesn’t use any martingale or grid and uses stoploss.

This version is optimized for EURUSD, GBPUSD, EURGBP and AUDUSD and you can use it on a 4 digit broker or a 5 digit broker. I’ll attach a picture explaining how to change it!

I’ll put a higher price after 10 activations!

The EA calculates a certain number of bars and then tries to open a long or a short position.

The EA is already optimized for the actual market conditions. I carry out tests every month to see if some parameter has to be changed.

Time Frame: 15M (Do not use another time frame. This EA is optimized for 15M time frame only).

Test results:

Forex NB Bars Expert Advisor

Parameters:

  • Lot Size – 0.01 for example (I recommend use 0.01 Lots for each $250)
  • Enable Risk Management – True/False (If you set to True, it will use automatic lot size)
  • Risk in Percentage of the account – 1.0% (Be wise on money management, I recommend 1.0%)
  • Minimum Lots Size – 0.01 for example (This is for automatic lot size only)
  • Maximum Lots Size – 50 for example (This is for automatic lot size only)
  • Profit Management – You have all of this options to use profit in basket.

You must always check whether you have enough free margin to open a position.

The EA comes with the default parameters and you do not have to change anything!

Just grab the EA and put it on the 15M time frame with EURUSD, GBPUSD, EURGBP or AUDUSD.

I’m sure if you are not greedy, you’ll win a lot of money in the long run.

I’ll attach 3 *.set files:

  • Low Risk
  • Low Risk
  • Medium Risk
  • High Risk

If you have any doubts how to put the *.set files in the EA, I’ll explain it to you.

Download our other Free Forex Robots For Metatrader 4

Installation

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)

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