Microlab Forex EA MT4 – Free Download

Unveiling Microlab Forex EA

In the fast-paced world of Forex trading, staying ahead of the curve requires cutting-edge tools and strategies. One such innovation that has taken the trading community by storm is the Microlab Forex EA. This Expert Advisor (EA) is not just another run-of-the-mill trading algorithm; it's a game-changer with a proven track record, having undergone rigorous testing for over a decade since January 1, 2013.

Technical Specifications

Version: 1.0

Best Brokers List

Microlab Forex 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 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

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Microlab Forex EA Settings

The Evolution of Microlab Forex EA

StopLoss Redefined

Microlab Forex EA abandons the conventional percentage-based StopLoss approach, opting for a physical StopLoss for each order. This innovation minimizes dependency on slippages, contributing to increased stability in various market conditions.

Tailored Precision and Flexibility

A standout feature of Microlab Forex EA is its ability to adjust accuracy and trading frequency through a single parameter. This means traders can customize the EA to suit different instruments and trading conditions. Whether trading with regular brokers or PROP firms, Microlab Forex EA delivers consistent results.

Unprecedented Historical Insight

Microlab Forex EA achieves a remarkable milestone as the first EA to showcase a 10-year trading history while maintaining low Drawdown (DD) and stability across diverse market scenarios. This unprecedented transparency empowers traders with insights into the EA's performance over the long term.

Dual Versions for Diverse Preferences

Setting another precedent, Microlab Forex EA is available in two versions. The standard version excels in pure scalping, while the Safe Mode version introduces not only a physical Stop Loss but also a Take Profit. This flexibility allows traders to choose the version that aligns with their risk tolerance and trading preferences.

Algorithmic Brilliance

Microlab Forex EA's algorithm is rooted in pure scalping, with the Safe Mode version incorporating classic scalping principles. The single order in the market is accompanied by unchanging physical StopLoss and TakeProfit parameters, ensuring a disciplined and strategic trading approach.

Optimal Time Frame and Settings

The recommended time frame for Microlab Forex EA is M1. To enhance performance, users are advised to adhere to specific settings, including the utilization of set files, ECN or low spread accounts, and avoiding classic accounts.

Financial Requirements

Microlab Forex EA is accessible to traders with a minimum balance of $100. However, for optimal results and risk management, a recommended balance of $1000 or more is advised, especially for those operating with a minimum lot size.

Leverage and Gold Considerations

To unlock the full potential of Microlab Forex EA, traders are encouraged to operate with leverage of 1:200 or higher. Additionally, for accurate performance, it's crucial to note that the EA's compatibility is verified with Gold quotes featuring two decimal places. Deviations from this may impact the EA's functionality.

Conclusion

Microlab Forex EA emerges as a groundbreaking solution in the realm of Forex trading. Its decade-long track record, innovative features, and adaptability to diverse market conditions make it a valuable asset for traders seeking consistent and reliable results. As the Forex landscape evolves, embracing cutting-edge tools like Microlab Forex EA becomes not just a choice but a strategic imperative for success.

Download Microlab Forex EA

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