Friday Pro EA MT4 V1.6 + Setfiles

Friday Pro EA – End-of-Week Automated Trading for MT4 with Public Live Proof

Friday Pro EA is an end-of-week automated trading system for MetaTrader 4, developed by Ming Ying Lee and listed on MQL5 Market. It targets USDJPY and GBPJPY on the M1 timeframe, placing one trade per pair per week. Two public accounts — a Myfxbook account and an MQL5 Signal page — show multi-year live trading data on IC Markets at 1:500 leverage.

• Vendor website

Key Highlights

• ✅ Runs on MetaTrader 4 — a separate MT5 version with different features exists on MQL5 Market
• ✅ Trades USDJPY and GBPJPY on M1 — one trade per pair per week
• ✅ Fixed TP and SL on every trade — no grid, no martingale per product page
• ✅ Fixed lot or percentage-of-account sizing — default 5% risk per trade, 0.01 lot minimum
• ✅ Two public accounts viewable on Myfxbook and MQL5 Signal for direct verification

Performance Results

Two public accounts document multi-year live trading. The Friday Pro Myfxbook account on IC Markets MT4 shows 613.33% gain, 32.92% drawdown, 1.68 profit factor, and 397 trades. The MQL5 Signal page on ICMarketsSC-Live05 shows 632.03% gain, 33.16% drawdown, 1.49 profit factor, and 276 trades across 146 weeks. Both accounts run on IC Markets at 1:500 leverage.

A separate edfxstore.com signal from the same developer shows 340% growth since 2023 over 48 weeks on a $100 account at 1:500 with 33.2% maximum drawdown — consistent with the range observed across all three sources.

A five-year backtest on USDJPY (2020–2025) recorded 33.55% maximum drawdown and a 1.85 profit factor. This backtest used the control points model, which MQL5 labels a very crude method. Treat it as directional context only, not as a primary performance reference.

Maximum drawdown across all documented sources sits in the 33–34% range. One small-balance account touched 92.92% drawdown — a result of aggressive position sizing on a very small balance, not a representative outcome for properly sized accounts. At the default 5% risk-per-trade setting with a 190-point stop loss on USDJPY, consecutive losing weeks will compound drawdown quickly on small accounts.

The Myfxbook verification badge status should be confirmed directly on the linked account page. View both public accounts before purchasing and cross-reference drawdown levels against your own account size and risk tolerance. We recommend at least 8 weeks of demo validation before deploying live capital.

Past performance from the documented live accounts does not guarantee future results. Test broker spread, execution, lot size, and drawdown behavior before using live capital.

How It Works

Strategy: End-of-week automation targeting USDJPY (default) and GBPJPY on M1. The EA places one trade per pair per week, exploiting defined price behavior in JPY pairs during the Friday session window.

Entry: Entry logic is not described in the official product materials. The EA runs fully automated on M1 with no manual intervention required. Validate entry timing during demo testing on your broker before live deployment.

Exit: Fixed take profit and stop loss on every trade. USDJPY: 190 points TP / 190 points SL. GBPJPY: 160 points TP / 90 points SL. No trailing stop or breakeven function in the MT4 version — those features are available only in the separate MT5 product.

Risk Control: Fixed lot mode available (minimum 0.01). Dynamic money management defaults to 5% of account balance per trade. Reduce mmRiskPercent below 5% for lower drawdown exposure. Available backtest data shows long positions only — 260 long trades, zero short trades over five years.

✅ Best conditions: Low-spread ECN broker • IC Markets or equivalent execution quality • Stable VPS connection through the Friday session window

⚠️ Caution: High spread during Friday close • Brokers with slow execution or wide JPY spread • Accounts under $500 at default 5% risk settings

Technical Specifications

Who Should Use This EA

✅ Ideal for:

• Traders who want minimal weekly screen time — one trade per pair per week requires no active monitoring when running on a VPS
• MT4 traders comfortable with JPY pair volatility and a documented ~33% maximum drawdown range
• Traders with enough account capital to absorb the 190-point USDJPY stop loss without over-leveraging at default settings

✅ Best results when:

• Running on a low-spread IC Markets-type ECN broker with a stable VPS through the Friday session
• Position risk is set conservatively below the 5% default until live broker behavior is confirmed in demo
• Account capital is sized so the documented ~33% drawdown range does not threaten overall trading funds

Not ideal for traders who need daily trading activity, accounts under $500 at default settings, or traders unwilling to accept drawdown periods in the 30%+ range based on the documented live history.

Browse more automated Forex EAs or explore our full range of MT4 expert advisors.

Download Package Included

• ✅ Experts:
  • Friday Pro EA V1.6 (.ex4)
• ✅ Presets:
  • usdjpy_10pc_risk.set
  • usdjpy_0.01fixed_lot.set
  • gbpjpy_10pc_risk.set
  • gbpjpy_0.01fixed_lot.set

Product download link is sent immediately via email after purchase.