Foresight EA MT4 Unlimited

Foresight EA Introduction

Foresight EA is a fully automated, news-based trading bot designed for MetaTrader 4. Unlike conventional trading robots, it does not rely on Martingale or Grid strategies, reducing the risk of overexposure. The EA operates with a single trade per scheduled signal, ensuring transparency and full control over execution timing. It tracks real-time economic events and integrates market analysis to execute trades at optimal moments.

Traders benefit from low drawdown (25.53%), adjustable risk settings, and a strategy that aligns with prop firm requirements. With a clear trading schedule displayed on the dashboard, users can anticipate when trades will occur, reducing uncertainty. Backtest results show a gross profit of $24.13K and a profit factor of 1.86, confirming the EA’s efficiency. Whether you are a retail trader or a prop firm aspirant, Foresight EA offers a structured, risk-managed approach to news trading.

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Key Highlights

• News-based trading strategy – Trades based on scheduled economic events.
• Prop Firm Compliant – Designed to pass prop firm challenges with controlled drawdown.
• No Martingale or Grid – Reduces risk and prevents excessive losses.
• Fully transparent execution – Trading schedule is visible on the dashboard.
• Low drawdown (25.53%) – Effective risk management for long-term growth.
• Customizable profit expectations – Adjust Expected Monthly Profit % to control risk.
• Multi-currency support – Works with XAUUSD, EURUSD, GBPUSD, AUDUSD, and more.
• Backtest-proven performance – Net profit of $8,733.96, with a recovery factor of 3.72.

Foresight EA Recommended

• Trading Platform: MetaTrader 4 (MT4)
• Pairs: XAUUSD, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCAD, USDCHF
• Supported Accounts: ECN, Raw, Zero Spread
• Timeframe: Flexible (User-defined)
• Trading Time: Based on scheduled economic events
• Leverage: Minimum 1:500
• Minimum Deposit: $100

Installation and Usage Tips

• Enable Web Requests: Add the implementation URL (http://sslecal2.investing.com/) in MetaTrader.
• Apply the EA: Attach it to supported currency pairs, ensuring correct suffixes based on the broker.
• Set Expected Monthly Profit %: Adjust the risk-reward ratio to match your trading goals.
• Monitor Trading Schedule: View the updated daily schedule on the dashboard.
• Optimize Account Settings: Use ECN accounts with tight spreads for better execution.

Foresight EA Review

Foresight EA offers a structured and risk-controlled approach to Forex trading by leveraging scheduled economic events. It stands out due to its transparency, ensuring traders know when trades will execute. Backtest results validate its efficiency, with a 25.53% drawdown and a profit factor of 1.86. With no reliance on Martingale or Grid strategies, it provides a safer alternative for traders looking to profit from news-driven volatility.

Conclusion

Foresight EA is a transparent, news-based Forex trading bot optimized for MT4 and MT5. Its compliance with prop firm rules, structured risk management, and high accuracy make it an excellent choice for traders seeking a systematic approach. Whether you’re a retail trader or a prop firm candidate, Foresight EA helps you execute trades efficiently with minimized risk.

Foresight EA MT4 Download Packages:

• Link download experts:
  • Foresight EA MT4 (Unlimited).ex4
• Presets:
  • N/A