MEF AlgosoftEA is an MT4 Bot FREE to Download. MEF Algosoftbot is a soft MT4 single-order expert advisor designed for an efficient and profitable trading experience. In this article, we will explore the features of the MEF Algosoftbot and discuss why it could be an ideal choice for both beginner and experienced forex traders.
There is little information about it, but MQL5 Signal monitoring of this EA exists. This MQL5 monitoring shows stable results on a real broker account for many months.
Single Order Expert Advisors
MEF Algosoftbot is a single-order EA, which operates on the MetaTrader 4 platform and focuses on executing only one order at a time. This ensures a focused and disciplined trading strategy, reducing the risk of impulsive trading decisions leading to significant losses.
Don’t use dangerous trading methods
The Algosoftbot does not rely on high-risk strategies like grid hedging, averaging, martingale, or switching. This ensures a safer trading approach, which can lead to more consistent results over time.
Hidden Virtual Take Profit, Stop Loss, and Trailing Features
The EA employs hidden virtual take profit and stop loss features, ensuring that your trading strategy remains discreet and less susceptible to being targeted by brokers. Additionally, the Algosoftbot includes a hidden trailing feature to set a virtual lock profit, allowing for dynamic management of profitable positions.
Controlled Trading Frequency
MEF Algosoftbot does not trade excessively, with approximately 8 to 11 trades per week, and only one at a time. It can also sometimes go a few days without trading, ensuring a measured approach and reducing the risk of overtrading.
Recommendations for Profitable MEF Algosoft
Minimum account balance of 100$.
Work Best on XAUUSD, US30, US100, and EURUSD pairs. (Work on any pair)
Work Best on M5 and H4 TimeFrames. (Work on any TimeFrame)
This MEF Algosoft EA should work on VPS without any interruption to reach stable results. So we recommend running this free forex EA on a reliable VPS