ThorFinn EA MT4 + Setfiles

ThorFinn EA Introduction

ThorFinn EA is a high-frequency scalping Expert Advisor designed specifically for traders with small capital accounts ranging from $100 to $1,000. This precision M1 timeframe scalper leverages multiple technical filters including ATR, RSI, and Exponential Moving Average (EMA) to execute ultra-precise entries and exits in the forex market. ThorFinn EA delivers the significant benefit of automated trading with strict risk management protocols, making it particularly suitable for retail traders with limited capital and proprietary firm challenge participants. Live trading results on a modest $154.99 account demonstrate its effectiveness in real market conditions, consistently generating profits through its conservative, non-martingale approach. At its core, ThorFinn EA offers small account traders a pathway to participate in high-frequency scalping without exposing their limited capital to excessive risk.

Key Highlights

• High-Frequency M1 Scalping System: Optimized specifically for one-minute timeframe trading with precise volatility filters to capture short-term price movements
• Small Account Optimization: Engineered for balances between $100-$1,000 with conservative lot sizing (default 0.01) and strict risk management parameters
• Multi-Filter Technical Strategy: Combines ATR volatility assessment, EMA trend analysis, RSI overbought/oversold conditions, and Fair Value Gap (FVG) identification to pinpoint high-probability entries
• Non-Martingale Safe Design: Operates without dangerous martingale techniques (disabled by default), maintaining compliance with proprietary trading firm requirements
• Comprehensive Risk Controls: Implements fixed stop-loss (150 pips), account drawdown protection (10%), trailing stop functionality (100 pips), and single-trade limitation to preserve capital
• Verified Performance: Live trading shows consistent small profits with exceptional margin safety (4033.62% margin level), demonstrating efficacy on micro accounts
• Volatility Adaptation: Capable of trading high-spread instruments like XAUUSD with spread tolerance up to 60 pips and incorporating volatility-based entries using ATR filtering
• Protective Filters: Includes NFP avoidance and holiday trading restrictions to prevent exposure during highly volatile market conditions

ThorFinn EA Recommended

• Trading Platform: MetaTrader 4 (MT4)
• Primary Pairs: EURUSD (optimized), works with GBPUSD
• Supported Accounts: Standard, ECN, Prop Firm accounts
• Timeframe: M1 (one-minute)
• Minimum Deposit: $100 (recommended $100-$1,000)
• Leverage: 1:100 or higher recommended for small accounts

Installation and Usage Tips

• Lot Size Configuration:
  • Fixed lot: 0.01 (default)
  • Auto lot: Capital per 0.01 lot – 1000 (adjusts lot size based on balance)
  • Maximum lot size: 0.05 (prevents excessive position sizing)
• Risk Management Parameters:
  • Stop Loss: 150 pips (fixed protection)
  • Stop in Drawdown: 10% (account-level protection)
  • Take Profit: 300 pips (target profit)
  • Trailing Stop: 100 pips (locks profit while allowing trend continuation)
• Trading Conditions:
  • Maximum Open Orders: 1 (prevents overexposure)
  • Maximum Spread: 60 pips (suitable for XAUUSD)
  • Martingale: Disabled by default (recommended to keep disabled)
  • NFP Avoidance: Enabled (prevents trading during high-volatility news)
• Technical Filter Settings:
  • ATR Period: 5 with 2.0 threshold (volatility measurement)
  • Moving Average: 20-period EMA (trend identification)
  • RSI: 7-period with 75/25 overbought/oversold levels (momentum filter)
  • FVG Lookback: 10 periods (price gap analysis)
  • Support/Resistance Lookback: 20 periods (key level identification)

ThorFinn EA Review

ThorFinn EA delivers solid performance for small account traders seeking automated scalping without excessive risk. Its conservative approach addresses the common trader challenge of emotional decision-making while providing a hands-off solution for time-constrained individuals. The EA demonstrates effective capital preservation with its non-martingale design and robust stop-loss mechanisms. Best suited for traders with $100-$1,000 accounts who value consistency over aggressive returns, though users should note that M1 scalping requires quality brokers with reliable execution and reasonable spreads.

• Live trading account shows promising results with a balance of $154.99 and current equity of $164.97, demonstrating positive real-market performance
• Exceptional margin safety with free margin of $160.88 and margin level of 4033.62%, indicating conservative position sizing and low risk exposure
• Multiple profitable EURUSD positions with gains between $1.77-$2.16 per trade, showing consistent execution of the scalping strategy

Why Choose ThorFinn EA

• Small Account Specialist: Specifically optimized for accounts with $100-$1,000 balances, unlike many EAs that require larger capital to perform effectively
• Conservative Risk Profile: Non-martingale design with strict stop-loss parameters and single trade limitation protects capital from catastrophic losses
• Prop Firm Compatible: Meets the strict requirements of proprietary trading firm challenges with its controlled drawdown and absence of prohibited techniques
• Multi-Filter Precision: Combines four distinct technical approaches (ATR, EMA, RSI, and FVG) to ensure higher-quality entries than simple single-indicator systems
• Volatility Protection: Includes smart filters to avoid trading during dangerous market conditions like NFP releases and holiday periods

Conclusion

ThorFinn EA MT4 offers a thoughtful balance between active scalping and capital preservation for forex traders with limited accounts. Its strength lies in its multi-filter approach and conservative risk settings rather than unrealistic promises of overnight wealth. Most suitable for beginner to intermediate traders seeking automation without excessive risk, particularly those pursuing prop firm challenges or building small accounts systematically.

Ready to Use ThorFinn EA?

• Telegram: https://t.me/+TT_oy2yBiQZjZjE1
• Address: 1161 36th St, Emeryville, CA 94608
• Phone: (510) 555-2412
• Email: [email protected]
• Website: cheapforexea.com

Looking for more automated trading solutions? Explore our collection of Forex Robots for various strategies and market conditions. ThorFinn EA is optimized for MetaTrader 4 and is particularly well-suited for traders participating in Prop Firm EA challenges.

ThorFinn EA MT4 Download Packages:

• Link download experts:
  • ThorFinn EA MT4 (unlimited).ex4
• Presets:
  • ThorFinn EA EURUSD M1 Conservative.set
  • ThorFinn EA EURUSD M1 Balanced.set
  • ThorFinn EA EURUSD M1 Aggressive.set