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Signalspro007 EA MT4 V13.3 + Setfiles

SKU: Signalspro007-EA-MT4

Signalspro007 EA delivers 145% returns through automated trend-following with martingale grid recovery – full 24/7 automation across major forex pairs

Original price was: $999.00.Current price is: $49.00.

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Description

Table of Contents

    Signalspro007 EA – Automated Trend Trading with Critical Martingale Risk

    Signalspro007 EA is a MetaTrader 4 automated forex robot using trend-following indicators combined with a martingale grid system on major pairs (EURUSD, GBPUSD, USDJPY, USDCHF).

    The EA achieved 145% return over 2 months in limited live tracking (September-October 2024), but uses martingale position averaging with default zero stop loss—a high-risk configuration that caused the maximum drawdown to reach 22.1% during testing.

    Launched in 2018 by Signalspro007 team, this EA targets manual traders seeking full automation, but requires $500-1,000 capital buffer and active monitoring due to exponential loss exposure during sustained trends.


    Key Highlights

    • Performance: 145% return over 2 months (live tracking September-October 2024, short-term data only – not long-term verified)
    • Martingale Grid System: Opens up to 10 positions per direction using 1.235x lot multiplier with 200-pip spacing – exponential risk during strong trends
    • Risk Profile: 22.1% maximum drawdown recorded with $30,000 capital – requires $500-1,000 minimum to handle position averaging volatility
    • 24/7 Automation: Fully automated execution on EURUSD, GBPUSD, USDJPY, USDCHF pairs using Bollinger Bands, Stochastic, and MACD confluence
    • Default Zero Stop Loss: No hard stops on individual positions – relies on equity protection and manual intervention (critical risk factor)

    Performance Results

    The 22.1% drawdown occurred during the 2-month tracking period with live capital. Martingale systems experience higher drawdowns during trending markets when averaging into losing positions. With $500-1,000 capital and conservative lot sizing (0.01 start), typical drawdowns maintain 15-20% under normal conditions, but strong directional moves can exceed 30-40%.

    MetricValue
    Starting Capital$30,000
    Ending Balance$43,353
    Total Return145.18%
    Max Drawdown22.1%
    Profit FactorNot documented
    Trading Period2 months (Sept-Oct 2024)
    Total Trades938

    Backtest results ≠ live trading. Slippage, spreads differ. Demo validation required 60+ days. Performance data is short-term (2 months) – insufficient for evaluating long-term viability across diverse market conditions.

    Signalspro007 EA live tracking results September-October 2024 - 145% return with 22.1% drawdown
    Live tracking on broker account September-October 2024 – 2-month period only, validate current version over extended timeframe
    Signalspro007 EA equity curve showing martingale recovery patterns
    Equity progression displaying characteristic martingale recovery spikes after drawdown periods

    How It Works

    Martingale grid trading exploits range-bound consolidations and trend reversals by averaging positions at fixed intervals, profiting when price returns to average entry level.

    Opens positions when Bollinger Bands (20-period, 3.0 deviation) signal overbought/oversold extremes confirmed by Stochastic (10,2,2) and MACD (12,26,9) alignment via market execution.

    Closes positions at 250-pip take profit target or when opposite signal triggers, with no individual stop loss protection—relies on equity-based exit at maximum 10 positions per direction.

    Limits to 10 maximum trades per direction using 1.235x lot multiplier on 200-pip spacing, applies zero stop loss per trade (relies on equity monitoring), adds time-based trading filters to avoid high-volatility news periods.

    ✅ Best market conditions:

    • Range-bound consolidation (60-150 pip ranges)
    • Post-trend reversals with mean reversion
    • Low-volatility Asian/early European sessions

    ⚠️ Caution during:

    • Strong directional trends (>200 pips without pullback)
    • Major news events (NFP, FOMC, ECB announcements)
    • Low liquidity periods (holidays, late Friday)
    Signalspro007 EA MT4 input parameters showing martingale settings
    Default MT4 parameters – Adjust maxNed and PipStep based on account size and risk tolerance (smaller accounts use wider spacing)

    Technical Specifications

    SpecificationRequirement
    PlatformMT4 build 1420+ only (no MT5 version)
    Currency PairsEURUSD, GBPUSD, USDJPY, USDCHF (optimized), also tested USDCAD
    TimeframeM15 primary, H1 compatible
    Minimum Deposit$500 (0.01 lot start, high risk)
    Recommended Deposit$1,000-2,000 (safer martingale buffer)
    Leverage1:500 minimum (martingale requires high leverage)
    Broker TypeECN/STP, spread <2 pips average, fast execution <50ms
    VPSStrongly recommended (24/7 operation required, missed signals = broken grid)

    This EA is MT4 only. Need MT5 platform? Browse MT5 alternatives


    Who Should Use This EA

    ✅ Experienced grid traders with $1,000+ capital – EA’s martingale system requires understanding of position averaging risks; capital buffer handles 20-30% drawdown swings during adverse trends without margin calls, and experience helps recognize when to manually intervene during runaway directional moves.

    ✅ Active monitors comfortable with manual shutdowns – Zero stop loss configuration demands daily equity monitoring; users must be willing to close all positions manually during major news events or when drawdown exceeds personal risk tolerance (typically >25-30%), making this unsuitable for fully passive “set and forget” automation.

    ❌ Not suitable for beginners or accounts under $500 – Martingale lot multiplier (1.235x) compounds losses rapidly during trends; small accounts ($200-400) face margin calls after 5-6 losing positions, and inexperienced traders often freeze during drawdowns instead of taking protective action, leading to account liquidation.

    Signalspro007 EA user feedback from Telegram community highlighting martingale recovery and drawdown concerns
    User feedback from Telegram – Mixed experiences with successful recoveries during consolidations but significant drawdowns during trending markets

    What’s Included

    • Signalspro007 EA file (.ex4 format for MT4 build 1420+)
    • Preset setfiles:
      • GBPUSD H1 1000$_DD27%.set
      • GBPUSD H1 1000$_DD22%.set
      • GBPCAD H1 minimum equity 1k.set
      • EURUSD H1 minium equity 1k.set
      • EURCHF.set
      • SignalsPro_EURUSD_H1_LowRisk.set
      • SignalsPro_GBPUSD_H1_LowRisk.set
      • SignalsPro_USDJPY_H1_MediumRisk.set
      • SignalsPro_EURJPY_H1_LowRisk.set
      • SignalsPro_AUDCAD_H1_MediumRisk.set

    Product download link sent immediately via email after purchase


    Frequently Asked Questions

    >>> Curated/Reviewed by Steven Cohen (Founder).

    ⚠️Risk Disclaimer:

    Forex trading and EAs carry high risk of loss. Only invest what you can afford to lose. Past performance does not guarantee future results. 70-90% of retail traders lose money.

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