AshiReversal EA MT4 – Free Download

Introduction

The world of Forex trading has seen a sharp rise in automated trading solutions, with expert advisors (EAs) dominating the landscape. Among the latest entrants is the AshiReversal EA, an upgraded version of its predecessor, specifically designed for MetaTrader 4 (MT4). Unlike many EAs that rely on heavy algorithms and complex logic, this robot introduces a unique blend of simplicity and strategic contrarian trading.

Let’s dive into the mechanics, performance metrics, pros and cons, and what truly sets this trading advisor apart from the rest.

Technical Specifications

Version: 2
Year of issue: 2025
Working pairs: EURUSD
Recommended timeframe: M15
Minimum Deposit: $1000
Average of account: 1:30 To 1:1000

Best Brokers List

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

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

AshiReversal EA Settings

Overview of AshiReversal EA

AshiReversal EA is a fully automated trading system tailored for the MT4 platform. It leverages Heiken Ashi candles as its core analytical tool, interpreting just the last two candles to determine trade entries. Rather than following traditional trend strategies, this EA often takes trades against the prevailing trend direction by detecting price breakouts—an approach that’s both unconventional and intriguing.

In addition, the system integrates advanced risk management tools like a built-in ATR-based position sizing module, strict stop-loss enforcement, spread and slippage filters, and enhanced trade exit logic.

⚙️ Key Features & Settings Breakdown

Based on the input parameters and visual backtest data provided:

• Timeframes Supported: Compatible with multiple timeframes; tested on M15.

• Indicators Used: Optional use of RSI, Ichimoku, Stochastic, Reversal, BreakOut Time Box.

• Main Engine: Operates predominantly on Heiken Ashi candle analysis.

• Risk Management: Includes ATR-based lot sizing, defined SL/TP levels, and protective logic during high spread/slippage.

• Trade Direction: Primarily contrarian; trades against anticipated trend after breakout detection.

The EA has minimal parameters for user adjustment, which makes it appealing for beginners and traders who want a plug-and-play experience.

Backtest Performance Analysis

Backtesting results for the EURUSD pair over a 2-month period (April 1 to March 27, 2025) offer valuable insights:

• Initial Deposit: $1000

• Net Profit: $338.24

• Profit Factor: 4.07

• Gross Profit: $448.55

• Gross Loss: $-110.31

• Relative Drawdown: 18.23%

• Total Trades: 338

• Win Rate: 78.70%

• Average Consecutive Wins: 8

• Maximum Consecutive Losses: 6

The equity curve reflects steady and controlled growth, with minimal stagnation and no major equity dips, indicating a robust and disciplined risk management system.

Trading Logic & Technical Architecture

The strategy’s logic emphasizes counter-trend trading, which makes it notably different from the trend-following bots that dominate the market. By entering trades against anticipated movements post-breakout, the EA capitalizes on market overreactions and corrections.

It relies on simplified interpretation—only the last two Heiken Ashi candles—avoiding noise from deeper patterns. This kind of signal clarity can be both a strength and a weakness, depending on the market's behavior.

Moreover, the advisor supports multiple technical indicators (Ichimoku, RSI, Stochastic), although many are disabled by default, suggesting the base strategy is self-sufficient.

✅ Advantages of AshiReversal EA

1. Simplified User Experience
Minimal settings and plug-and-play compatibility make it accessible to less experienced traders.

2. Effective Risk Management
The EA employs built-in ATR-based lot sizing, slippage/spread protection, and stop-loss safeguards, enhancing its resilience in volatile conditions.

3. High Profitability Potential
With a profit factor above 4.0 and nearly 79% win rate, the tool shows solid risk-reward mechanics in controlled backtests.

4. No Martingale or Grid
Avoids high-risk strategies like doubling-down, focusing instead on technical precision and smart exits.

5. Compatibility
Works across timeframes and currency pairs (although backtest shown is EURUSD M15). VPS hosting and low-spread brokers are recommended.

❌ Disadvantages and Limitations

1. Short Backtest Duration
The testing period (under 2 months) is insufficient for long-term performance validation across varied market conditions.

2. Contrarian Strategy Risk
Trading against the trend can lead to extended drawdowns during strong directional moves or news events.

3. Minimal User Control
Advanced users may find the lack of deep customization limiting.

4. Limited Indicator Usage in Default
Although it offers RSI, Stochastic, and Ichimoku settings, many are turned off by default. This may lead users to underestimate the EA’s full capabilities.

5. Dependency on Market Conditions
As with most EAs, its performance is highly dependent on current volatility and price action environments.

️ Live Terminal Insights

A real-time screenshot from the MT4 terminal shows an active trade with a small floating drawdown of -$34.77, with a balance of $9994.43 and an equity of $9959.66, implying active trade management and real-money testing.

The terminal confirms the EA's real-world deployment and low-risk exposure strategy in action.

Final Verdict

AshiReversal EA for MT4 is an automated trading advisor that merges simplicity with strategic deviation from traditional methods. Its reliance on just two Heiken Ashi candles and contrarian breakout entries may appeal to traders looking for something different—particularly in ranging or overextended market conditions.

While its backtest results show promise, the EA’s true strength lies in its disciplined risk protocols and streamlined user experience. However, a longer testing horizon and live forward performance tracking are essential before forming a definitive judgment.