Pound Trader EA 4.0

Metatrader (MT4) Expert Advisor

"The markets are unforgiving, and emotional trading always results in losses."
- Alexander Elder
The Pound Trader EA is a Metatrader4 (MT4) Expert Advisor designed to trade GBP/USD which implements a complete and fully-functional trading strategy.
  • Easy to set up and supervise
  • No indicators or hard analysis needed
  • The strategy is timeframe-independent
  • Extracts money out of the market regularly
  • Updated for Brexit
The PZ Pound Trader EA has a set of unique features:
  • It needs no optimization at all
  • It leaves no room for human error
  • It is safe because it uses little leverage
  • It has no discretionary input parameters
  • It has built-in money and risk management
  • It implements two risk profiles: recommended and overleveraged
Boost your trading activity with the most easy-to-use GBP/USD forex robot. All you need is a Virtual Private Server (VPS) and stamina to handle the open trades!



Settings and Input Parameters

When loading the expert advisor to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks. This is what each parameter does.

Select your funds and risk profile
You must instruct the EA how much money to allocate into the trading activity and the risk profile, which can be recommended or overleveraged. Both inputs are a drop-down list.
Trading settings
The EA decides when to buy or sell, but you can disable long or short positions.
Colors and sizes.
The EA displays informative lines and labels on the chart, which color and size you can customize.
EA Settings
Additionally, you can choose the magic number and comment for the orders.
Frequently Asked Questions
Can I trade other forex pairs with this EA?
What timeframe should I trade with it?
Can I select the lot size?
How often is the EA updated?
Is this strategy FIFO compliant?