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Ninja Forex EA is an MT4 expert advisor that places pending orders against the prevailing trend, using technical levels and indicator filters. It targets gold and several forex pairs and offers lot, spread and session controls.
Get one message the moment it launches, with its price.
Ninja Forex EA is a fully automated expert advisor for MetaTrader 4. It looks for entries around technical levels, confirms them with a few indicators, and then places pending orders against the prevailing trend. It is aimed at gold and a handful of forex pairs.
The EA reads the general direction of the market and takes the opposite side. When the broader picture is bullish, it places pending sell orders. When the picture is bearish, it places pending buy orders. The idea is to catch pullbacks and exhaustion points near key levels rather than to follow momentum.
Because it can open consecutive positions at a set distance from each other, several trades may be open at once. This raises exposure when the market keeps moving against the first entry, so the limit on open trades and the spacing between entries deserve careful attention.
A single input decides whether the EA trades in reverse or with the trend. The default design is counter-trend, so leave it as it is unless you have tested the alternative.
Symbol names and spreads vary between brokers, so check the exact symbol on your account before attaching the EA.
The inputs below are the ones described by the developer. Default values can differ, so read them in the input window and test them on a demo account.
| Input | Purpose |
|---|---|
| Lot1 | Fixed lot size when automatic sizing is off |
| Auto_Lot | Turns on lot sizing based on risk |
| Max_Risk | Risk as a percentage of equity; a higher value gives larger lots when Auto_Lot is on |
| TakeProfit / StopLoss | Targets and stops in pips; the developer indicates they are not required, so check how your build treats the default |
| Time_Start / Time_End | Daily trading window in GMT |
| Max_Open | Maximum number of open trades |
| Max_SPREAD | No new trades when the spread is above this value |
| Step | Distance between consecutive entries |
| Reverse_Direction | Counter-trend when true, with the trend when false |
| Magic_Number | Identifier for the EA's orders |
Using automatic lots with a high risk percentage, a large number of open trades or a small step can build up exposure quickly. Start with the minimum lot, a low risk value and a conservative trade limit. The developer suggests leverage of 1:400 or more and a deposit of around 500 USD; check these against your broker's rules and your own tolerance for loss.
Trading carries risk and you can lose some or all of your capital. Past results, including any back-tests, do not predict future ones. Test on a demo account first.
The terminal must stay running for the EA to work, so many users run it on a VPS.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Trend, Volume |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Trade style | Counter-trend, pending orders, can open several positions |
| Markets | XAUUSD, GBPUSD, GBPJPY, GBPAUD; other low-spread pairs |
| Timeframes | M5, M15, M30, H1, H4 |
| Suggested account | Low-spread account; developer suggests 1:400 leverage or more |
| Suggested deposit | Developer suggests 500 USD or equivalent, starting at 0.01 lot |
| Requirements | Algo trading enabled; terminal running continuously or on a VPS |
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No. This product is built for MetaTrader 4 and will not load in MetaTrader 5. If you use MT5, look for a version made specifically for that platform.
Extract the downloaded archive, then in MT4 choose File, Open Data Folder, and copy the expert file into MQL4/Experts. Restart the terminal or refresh the Navigator panel, drag the EA onto a chart, and make sure Algo Trading is switched on and live trading is allowed in the EA properties.
The developer mentions gold (XAUUSD) and the pairs GBPUSD, GBPJPY and GBPAUD, and also suggests other pairs with very low spreads. Timeframes from M5 to H4 are listed. Symbol names differ between brokers, so check yours and test on a demo account first.
A low-spread account is suggested because the EA has a spread filter and will not open trades when the spread is too wide. The developer suggests leverage of 1:400 or more and a deposit of around 500 USD with 0.01 lot. Check your own broker's conditions and size your risk to what you can afford to lose.
It controls whether the EA trades against the prevailing direction or with it. With it enabled, the EA places orders opposite to the trend, which is the intended counter-trend behaviour. Disabling it makes it open in the direction of the trend. Test any change on a demo account before using it live.
No. Automated trading carries risk, you can lose money, and past results do not predict future ones. Use a demo account first and do not risk money you cannot afford to lose.
Ninja Forex EA
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