Ai Neurox Ea V1 9 for MT4 and MT5

The Ai Neurox Ea V1 9 is an automated Expert Advisor for MT4 and MT5. It opens, manages and closes real trades on its own. The logic is a deterministic Kaufman Adaptive Moving Average trend rule. Despite the “NeuroX” name, it uses no machine learning and makes no predictions.

Risk warning

This EA trades live capital automatically. Every trade opens with a fixed stop loss. Test it on a demo account first. Only risk money you can afford to lose.

How the Ai Neurox Ea V1 9 trades

The Ai Neurox Ea V1 9 acts on closed bars only. On each closed bar it recomputes a Kaufman Adaptive Moving Average (KAMA).

An efficiency ratio measures the net move against the total move over the lookback. That ratio sets an adaptive smoothing constant between a fast and a slow EMA speed. So the average speeds up in trends and slows down in chop.

The EA buys when KAMA turns up after being flat or falling. It sells when KAMA turns down. Each position carries a stop loss and a take profit from the start. An optional trailing stop can follow price. It can also close a trade when the signal flips to the opposite side. It holds one position at a time.

Settings

These are the real inputs on the EA. Money management, trade management and the signal control every trade.

Setting What it does Default
ErPeriod Efficiency-ratio lookback in bars 10
FastPeriod Fast EMA speed in the smoothing constant 2
SlowPeriod Slow EMA speed in the smoothing constant 30
KamaWarmBars Warm-up bars before the first trade 150
MoneyMgmt Position-sizing mode FIXED_LOT
Lots Fixed lot size when sizing is off 0.01
RiskPercent Percent of balance risked per trade 1.0
StopLossPips Stop loss distance in pips 50
TakeProfitPips Take profit distance in pips 100
UseTrailingStop Turn the trailing stop on or off false
TrailStartPips Profit in pips before trailing starts 50
TrailStepPips Trailing step in pips 25
CloseOnOppositeSignal Exit when KAMA flips direction true
MagicNumber Order ID that isolates this EA 20260736
MaxOpenTrades Maximum positions at once 1
MaxSpreadPoints Skip entries above this spread 40
Slippage Allowed slippage in points 30

Backtest results

ai neurox ea v1 9 MT4 Strategy Tester backtest equity curve on USDJPY H4
MetaTrader 4 Strategy Tester backtest – USDJPY H4 (net 58.19, profit factor 1.34, 155 trades)

This is a MetaTrader 4 Strategy Tester run on USDJPY H4 with the open-prices model on historical data. The run made a net profit of 58.19 in account currency. The profit factor was 1.34 across 155 trades. Maximum drawdown was 0.29 percent. Profitable trades: 30.97%. This run is optimized on past data, and past performance is not indicative of future results.

How to install on MT4 and MT5

This Expert Advisor installs into the MetaTrader Experts folder (MQL4/Experts for MT4, MQL5/Experts for MT5) and starts trading once you enable AutoTrading. For the full step-by-step with screenshots for both platforms, see the complete guide to installing MT4 and MT5 Expert Advisors.

Best practices

  • Run it on a demo account first.
  • Use a VPS for steady 24/5 uptime.
  • Keep the stop loss on at all times.
  • Start with 0.01 lots or 1 percent risk.
  • Re-test the settings before going live.
  • Do not run two EAs on the same magic number.

Further reading: Algorithmic Trading at Investopedia.

Get the Ai Neurox Ea V1 9 for MT4 and MT5

Grab the Ai Neurox Ea V1 9 Expert Advisor for MT4 and MT5 below. It arrives ready to load onto a chart.

Download this Expert Advisor free

Enter your email and the file is yours. You also get the full MT4 and MT5 library.

  • 1,380+ indicators
  • MT4 and MT5 files
  • No spam, unsubscribe any time

Enter your email and the file lands in your inbox right after. The download is free.

FAQ

Does the Ai Neurox Ea V1 9 place trades automatically?
Yes. It is an Expert Advisor. Once you enable AutoTrading on MT4 or Algo Trading on MT5, it opens and manages trades on its own.

What stop loss does it use?
Every trade opens with a fixed stop loss set by StopLossPips, 50 pips by default. It also sets a take profit and can trail the stop when you enable that option.

Which pairs and timeframe should I use?
Test it on the setup you plan to trade. The sample backtest ran on USDJPY H4. Try it on a demo first on your own pair and timeframe.

Can I change the risk or lot size?
Yes. Set a fixed lot with Lots, or switch MoneyMgmt to risk a percent of balance per trade with RiskPercent.

Are results guaranteed?
No. Trading involves risk. Results are not guaranteed. Past performance is not indicative of future results.

Dominic Walsh - Forex trader and MT4/MT5 developer

About the author

Written by Dominic Walsh, a Forex trader and MT4/MT5 indicator, Expert Advisor and script developer. Every tool on forexmt4systems.com is tested on live charts before release and ships with ready-to-use compiled MT4 (.ex4) and MT5 (.ex5) files. Learn more about the trader and developer behind this site.

Leave a Comment