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Opal is a fully automated MT4 expert advisor that looks for trades around round-number price levels. It includes money management, a time filter, a news filter and a recovery option, and is aimed at EURUSD on H1.
Get one message the moment it launches, with its price.
Opal is a fully automated expert advisor for MetaTrader 4. It is built around a simple observation about markets: traders tend to think in round numbers, so prices such as 1.1000 or 1.1050 often attract orders, stops and reactions. Opal tries to identify these levels and trade around them without manual input.
The EA analyses the chart for round price levels and uses them as reference points for its entry decisions. Around that core logic it adds several supporting modules:
Because the EA runs on its own, it opens, manages and closes trades according to its rules while the terminal is connected.
The developer recommends EURUSD on the H1 timeframe. These are the conditions the EA was designed around, so start there. If you want to try another symbol or timeframe, do it on a demo account first and compare the behaviour carefully.
The exact input names and default values can differ between releases, so open the inputs tab after attaching the EA and read each description. The developer describes the defaults as low to medium risk, but you should confirm this against your own account size and broker conditions.
| Area | What to check |
|---|---|
| Money management | Lot sizing method, risk per trade and any fixed lot option |
| Time filter | Trading hours and whether they match your broker's server time |
| News filter | How long before and after releases trading is paused |
| Recovery | Whether it can be switched off and what limits apply |
| Trade identification | Magic number, comments and slippage tolerance |
The developer suggests an ECN or raw-spread account, because tight spreads matter for a strategy that works around precise price levels. A reliable VPS is also advised so that MT4 stays online. A starting balance of about 100 USD is mentioned as a minimum, but confirm lot sizes, margin and leverage with your own broker.
Trading carries risk, and you can lose some or all of your capital. Past results, including backtests and live monitoring pages, do not predict future ones. Test Opal on a demo account and use only money you can afford to lose.
Allow the EA to run on a demo account for a while before using it on a live account, and check the Experts and Journal tabs for any error messages.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (MT4) |
| Strategy focus | General |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (fully automated) |
| Recommended pair | EURUSD, per the developer's recommendation |
| Recommended timeframe | H1 |
| Trade style | Round-level based entries with a recovery option |
| Built-in filters | Time filter and news protection filter |
| Account type | ECN or raw-spread account suggested |
| Hosting | A reliable VPS is advised for continuous running |
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No. This listing is for MetaTrader 4 only. It will not load in MetaTrader 5, so make sure your broker offers an MT4 account before buying.
The developer recommends EURUSD on the H1 chart. Other symbols or timeframes may behave differently, so test them on a demo account first and do not assume the same results.
The developer suggests a starting balance of around 100 USD, but the right amount depends on your broker, lot size and risk settings. Check the contract size and margin rules with your broker and run a demo test before committing real funds.
An expert advisor only trades while the terminal is running and connected. A VPS is the usual way to keep MT4 online around the clock, and the developer advises using a reliable one together with an ECN or raw-spread account.
Extract the download, copy the EX4 file into the MQL4/Experts folder through File, Open Data Folder in MT4, restart the terminal or refresh the Navigator, then drag Opal onto a EURUSD H1 chart and enable algorithmic trading.
No trading feature removes risk. Recovery logic generally means the EA responds to losing trades in a particular way, which can raise exposure. Read the input descriptions, test on demo and set limits you are comfortable with.
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