NeuroStoTrend Pro EA MT4 – Free Download

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NeuroStoTrend Pro EA: A Revolutionary Leap in Forex Trading

In the realm of forex trading, where every move counts and market conditions shift like the wind, traders constantly seek an edge—a tool that can decipher the complexities of the market and deliver consistent results. Enter NeuroStoTrend Pro EA, a groundbreaking Expert Advisor (EA) that stands as a testament to innovation in trading technology. In this comprehensive guide, we delve deep into the intricacies of NeuroStoTrend Pro EA, exploring its features, advantages, and disadvantages, while shedding light on its potential to reshape the landscape of forex trading.

Understanding NeuroStoTrend Pro EA

NeuroStoTrend Pro EA represents a paradigm shift in forex trading automation. Developed as a part of the Stochastic series of advisors, this unique EA harnesses the power of modern technologies and methods to unlock promising performance results. At its core lies a fully automated system designed exclusively for trading currencies, with a particular focus on the US30 pair. Unlike traditional EAs, NeuroStoTrend Pro EA adopts a cautious approach, steering clear of risky money management strategies such as martingale, grid, or scalping.

NeuroStoTrend Pro EA MT4 - Free Download 2

The Power of Neural Networks

What sets NeuroStoTrend Pro EA apart is its utilization of a multilayer perceptron Neural Network (MLP). MLP, a class of feedforward artificial neural networks, operates on the principles of supervised learning, specifically employing backpropagation for training. With its multiple layers and nonlinear activation functions, MLP possesses the ability to process complex data—a feat beyond the reach of conventional market analysis methods.

Technical Specifications

Version: 4.0
Year of issue: 2024
Working pairs: US30, EURUSD
Recommended timeframe: M1, M3, M5
Minimum Deposit: $2500
Average of account: 1:30 To 1:1000

Best Brokers List

NeuroStoTrend Pro EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
NeuroStoTrend Pro EA MT4 - Free Download 3Register2007
🇦🇺 Australia
🇨🇾 Cyprus
🇧🇸 The Bahamas
🇸🇿 Seychelles
1:1000$200ASIC, SCB, FSA
NeuroStoTrend Pro EA MT4 - Free Download 4Register2008
🇨🇾 Cyprus
1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
NeuroStoTrend Pro EA MT4 - Free Download 5Register2009
🇧🇿 Belize
1:2000$10FSC
NeuroStoTrend Pro EA MT4 - Free Download 6Register2009
🇧🇿 Belize
1:3000$1IFCS
NeuroStoTrend Pro EA MT4 - Free Download 7Register2009
🇨🇾 Cyprus
🇦🇺 Australia
🇧🇿 Belize
🇦🇪 Emirates
1:1000$5 ASIC, CySEC , IFSC
NeuroStoTrend Pro EA MT4 - Free Download 8Register2010
🇦🇺 Australia
1:500$200FCA , ASIC, DFSA
NeuroStoTrend Pro EA MT4 - Free Download 9Register2011
🇬🇧 England
1:500$25CySEC
NeuroStoTrend Pro EA MT4 - Free Download 10Register2006
🇪🇭 Ireland
1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

NeuroStoTrend Pro EA Settings

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Settings

let's break down the settings one by one:

Live_Funded_Mode: A boolean setting indicating whether the EA is operating in live (funded) mode. Here, it's set to false, meaning it's likely operating in demo mode.
AI_Confirmation: Another boolean setting, indicating whether trades need confirmation from an artificial intelligence system. It's set to false, so trades likely don't require confirmation.
Order_Distance: Defines the distance in pips between orders.
Lot_Increment: Determines the increment size for lot trading.
RSI: A boolean indicating whether Relative Strength Index (RSI) is used as part of the trading strategy. Here, it's set to false, indicating it's not used.
MagicID: An identifier for orders placed by this EA, useful for distinguishing its trades from others in the platform.
OrderBlocks: Likely a setting related to how the EA handles order blocks, possibly for trade execution strategies.
LOTS: Sets the lot size for trading.
Compound_Percent: Determines the percentage of compound interest or growth for the trading strategy.
Max_Order: Sets the maximum number of orders that can be open at the same time.
Stoploss_Size: Specifies the size of the stop loss in pips.
Takeprofit_Size: Specifies the size of the take profit in pips.
Auto_Takeprofit: A boolean indicating whether take profit is set automatically.
UseTralling_Stop: Determines whether a trailing stop is used.
TrallingStart: Specifies the start point for the trailing stop.
Breakeven_Size: Sets the size in pips for activating the breakeven function.
AI_Pattern: A boolean indicating whether the EA uses artificial intelligence pattern recognition for trading. Here, it's set to false.
Ordercomment: Provides a comment or identifier for orders placed by the EA.

Specifications

  • No Grid, No Averaging: NeuroStoTrend Pro EA adopts a conservative approach, avoiding risky trading strategies.
  • Hard Stop Loss and Take Profit: Each position is equipped with robust risk management measures.
  • Stable Testing Results: With an impressive 85.4% quality quote, NeuroStoTrend Pro EA boasts stable performance since 2020.
  • Broker Sensitivity: Not sensitive to broker conditions, offering flexibility in broker selection.
  • Easy Installation: Seamless installation process ensures a hassle-free user experience.
  • FTMO and Prop Firm Ready: NeuroStoTrend Pro EA is compatible with FTMO and other proprietary trading firms, facilitating institutional adoption.

Review NeuroStoTrend Pro EA Backtest

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Based on the provided backtest results of the EA Forex robot on the EURUSD pair over the period from January 2nd, 2023, to December 29th, 2023, there are several key metrics to consider:

  1. Model and Parameters: The backtest was conducted using the "Every tick" modeling method, which is the most precise method available in MetaTrader 4. The parameters used in this backtest include settings related to trade management, such as Order Distance, Lot Increment, Stoploss Size, Takeprofit Size, Trailing Stop, and others.
  2. Profitability: The backtest shows a total net profit of $142,112.06 over the testing period, with a profit factor of 3.86. This indicates that for every dollar lost, the EA has generated $3.86 in profit, suggesting a favorable risk-reward ratio.
  3. Drawdown: The maximum drawdown observed during the testing period was $45,484.64, which represents a drawdown percentage of 38.24% relative to the initial deposit. While the drawdown is significant, it is within acceptable limits for many traders, considering the profitability of the system.
  4. Trade Statistics: The EA executed a total of 452 trades during the testing period, with 93.81% of them being profitable. Both short and long positions show high win rates, with short positions slightly outperforming long positions. The average profit per trade is $452.36, while the average loss per trade is -$1774.60.
  5. Consecutive Wins and Losses: The EA demonstrates the ability to string together a significant number of consecutive winning trades, with a maximum of 89 consecutive wins observed during the testing period. Conversely, the maximum consecutive losses were limited to 4 trades.

Overall, based on the backtest results, the Forex robot shows promising profitability, with a high percentage of profitable trades and favorable risk-adjusted returns. However, potential users should exercise caution and perform further due diligence before deploying this EA in live trading, considering factors such as market conditions, slippage, and real-time performance. Additionally, it's essential to verify the reliability and transparency of the product provider to avoid scams or fraudulent schemes.

Advantages of NeuroStoTrend Pro EA

  1. Adaptability: One of the standout features of NeuroStoTrend Pro EA is its ability to learn and adapt to new market conditions. By analyzing historical data and identifying patterns, it can seamlessly adjust to changes in exchange rates or trader behavior.
  2. Complex Data Processing: With its multilayer architecture, NeuroStoTrend Pro EA excels in processing intricate market data, enabling more accurate predictions and informed trading decisions.
  3. Innovative Insights: By leveraging the principles of natural selection, NeuroStoTrend Pro EA can generate new market analysis models, uncovering hidden patterns and opportunities previously unseen.

Disadvantages of NeuroStoTrend Pro EA

  1. High Minimum Deposit: With a minimum deposit requirement of $25,000, NeuroStoTrend Pro EA may pose a barrier to entry for some traders, particularly those with limited capital.
  2. Complexity: While Neural Networks offer unparalleled capabilities, they also introduce complexity into the trading process, requiring a deeper understanding of machine learning principles.

In conclusion

NeuroStoTrend Pro EA emerges as a game-changer in the forex trading landscape, leveraging the power of Neural Networks to unlock unprecedented insights and opportunities. While it boasts numerous advantages such as adaptability and complex data processing, traders must also consider its high minimum deposit and the inherent complexity associated with Neural Network-based systems. Nevertheless, with its proven track record and innovative features, NeuroStoTrend Pro EA holds the potential to revolutionize how we approach forex trading in the years to come.

Download NeuroStoTrend Pro EA

Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex ea works before using it on a live account.

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.