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FTR System is an MT4 expert advisor that watches for unusually long bars and trades the pullback that often follows. It uses a fixed stop loss and take profit and does not use martingale.
Get one message the moment it launches, with its price.
FTR System is an expert advisor for MetaTrader 4 that trades short-term pullbacks. It watches for bars that are unusually long, then looks to enter in the direction of the retracement that often follows a sharp move.
You define what counts as a long bar by entering a height in points. When a completed bar is at least that size, the EA treats the move as stretched and opens a trade against it, aiming for a small correction. Each position is opened with a stop loss and a take profit, both set in points, so the exit levels are fixed from the start.
The EA does not use martingale. It does not add to losing trades or raise the lot size after a loss. This keeps the risk of any single trade defined, but it does not remove the chance of a series of losing trades.
The author suggests running it on instruments that move a lot and have a low spread, because a scalping approach with small targets is sensitive to trading costs. The suggested timeframe is H1 or higher, and the suggested account leverage is 1:100 or more. Because a long bar means something different on each symbol, the Bar height value needs to be matched to the instrument you trade.
The inputs listed for this EA are shown below. Check each default in the input window after attaching it, as the right values depend on your broker and symbol.
| Input | Purpose |
|---|---|
| Auto Lot | Turns automatic lot sizing on. The amount of balance per 0.01 lot is entered here. |
| Lot | Fixed lot size, used when Auto Lot is 0. |
| Slippage | Maximum slippage allowed when opening a trade. |
| Stop Loss | Stop loss distance in points. |
| Take Profit | Take profit distance in points. |
| Bar height | Minimum bar size in points that triggers a setup. |
| Daily time settings | Individual trading hours for each day of the week. |
Trading carries risk and past results do not predict future ones. A long bar does not always retrace, and a stop loss can be hit repeatedly in a strong trend. Test on a demo account and in the strategy tester first, and only trade with money you can afford to lose.
Choose a broker with tight spreads and fast execution, since slippage and spread directly affect small-target strategies. Confirm any minimum deposit or lot rules with your broker before trading live.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Scalping |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Trade style | Scalping, pullback after a long bar |
| Markets | Volatile instruments with a low spread |
| Timeframes | H1 and higher |
| Risk controls | Fixed stop loss and take profit, no martingale |
| Lot sizing | Auto lot or fixed lot |
| Suggested account | Leverage of 1:100 or more |
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No. This listing is the MetaTrader 4 build and must be attached to an MT4 terminal. An MT5 terminal cannot run it.
No. The logic opens trades after a long bar and each trade carries its own stop loss and take profit. It does not increase position size after a loss. A hard stop loss still means individual trades can lose, so size your lots with care.
The author suggests H1 or higher and instruments that move a lot but have a small spread. Check your broker's spread and the typical bar size on your chosen symbol before deciding on the Bar height value.
Extract the downloaded archive, copy the expert file into the MQL4/Experts folder through File > Open Data Folder in MT4, then restart the terminal or refresh the Navigator. Drag the EA onto a chart and make sure AutoTrading is enabled.
If Auto Lot is switched on, the EA calculates the volume from the amount you enter for a 0.01 lot. If Auto Lot is 0, it uses the fixed Lot value. Test the behaviour on a demo account to confirm how it sizes trades on your broker.
No. Trading carries risk and past results do not predict future ones. Test any settings in the strategy tester and on a demo account before using real money.
FTR system
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