Chinese EA V1.1 MT4 is an advanced MetaTrader 4 Expert Advisor designed to tackle the forex market with a smart trading strategy. Focusing on high-probability trades and risk management, this EA targets popular pairs like XAUUSD (Gold) and EURUSD, while maintaining consistent profits through automated trading.

What sets Chinese EA V1.1 apart from other forex robots? It’s built with a market sentiment-driven algorithm, adjusting positions based on market behavior and price action. With a focus on low drawdown and high win rates, this EA is perfect for traders who seek steady growth without the stress of manual analysis.

Download Link: https://mql5.software/download/chinese-ea-v1-1-mt4

Overview

Chinese EA V1.1 MT4 was created to capture market breakouts and retracements using a smart price action and volatility-based strategy. It works well on XAUUSD and EURUSD but can be tested across other pairs for versatility. The EA adjusts its trade frequency and lot sizing based on market volatility, aiming for consistent returns in different market conditions.

The EA uses several advanced trading mechanisms:

  • Smart Entry Strategy: Identifies optimal entry points based on price action and market sentiment.
  • Dynamic Stop-Loss and Take-Profit: Adjusts levels based on volatility to reduce risk.
  • Risk Management: Trades only when conditions are favorable, using smart trade filtering.
  • Scalability: Suitable for traders with small or large accounts, thanks to adjustable lot sizes.

Key Features

  • Smart Entry Strategy: Uses price action and market sentiment to time entries for higher probability.
  • Dynamic Stop-Loss & Take-Profit: Automatically adjusts stop-loss and take-profit based on real-time market volatility.
  • Advanced Risk Management: Built-in filters ensure that trades are only taken under optimal market conditions, minimizing risk.
  • No Martingale or Grid: Strictly uses linear lot-sizing, avoiding risky strategies like Martingale.
  • Adaptable to Different Pairs: While optimized for XAUUSD and EURUSD, the EA can be used on other currency pairs and commodities.
  • High Win Rate: Consistent performance with minimal drawdown due to smart trade management and risk control.
  • Easy Installation & Setup: Simple steps to install and configure the EA in your MT4 platform.

Backtest Results & Proof

Chinese EA V1.1 MT4 has been rigorously backtested on historical data to ensure its performance and reliability. Here’s a glimpse of its backtest results:

  • Backtest Period: 2018–2025 (XAUUSD & EURUSD, M15)
  • Average Win Rate: 72%
  • Max Drawdown: 5–7%
  • Profit Factor: 1.6
  • Trades per Day: 8–15 (based on volatility)

The EA showed consistent performance with high win rates and low drawdowns during both trending and ranging market conditions. Performance varies depending on market conditions, but the EA has demonstrated solid stability, making it a reliable tool for traders.

How to Install & Configure

  1. Download the EA from MQL5.software.
  2. Place the EA File in the Experts folder of your MT4 platform:
    File → Open Data Folder → MQL4 → Experts → Paste the Chinese_EA_V1.1.ex4 file.
  3. Restart MT4, then drag the EA onto an XAUUSD or EURUSD chart (M15 timeframe recommended).
  4. Configure Settings:
  5. Risk Mode: Start with Fixed Lot = 0.01 for small accounts ($500–$1,000).
  6. Stop-Loss: Default value (adjust based on volatility).
  7. Take-Profit: Dynamic, but can be customized per trade.
  8. Trade Filter Settings: Enable filters for market conditions and risk tolerance.
  9. Enable Algo Trading: Click the AutoTrading button on the top toolbar of MT4 to activate the EA.

Why Choose Chinese EA V1.1 MT4?

Chinese EA V1.1 MT4 stands out for its ability to adapt to market conditions. It doesn't just blindly follow a set rule but adjusts its strategy based on price action and volatility patterns. This makes it suitable for traders who want a consistent and disciplined approach to forex trading without relying on risky strategies.

Here’s why traders love it:

  • Smart, adaptive strategy that reacts to market conditions.
  • Reliable risk management to avoid heavy drawdowns.
  • High win rate with consistent profits.
  • Simple setup and easy to use for both new and experienced traders.
  • Versatility across currency pairs, though optimized for XAUUSD and EURUSD.

If you’re looking for a smart EA that prioritizes consistent profits with minimal risk, Chinese EA V1.1 MT4 is a solid choice.

Support & Contact

If you need help with installation or settings, YoForex’s support team is here to assist you.

Call to Action

Ready to automate your forex trading with a smart, reliable EA? Download Chinese EA V1.1 MT4 from YoForex and start trading with confidence today!

Happy Trading