Introduction :

In the fast-paced world of Forex trading, finding a reliable automated tool can be the difference between consistent profits and blown accounts. The Sri Siri EA V1.90 MT4 has emerged as a topic of interest among algorithmic traders, particularly those looking for specialized solutions for the MetaTrader 4 platform. As the forex market evolves, so do the tools designed to conquer it. This Expert Advisor (EA) is designed to navigate the complexities of modern market volatility, offering traders a hands-free approach to capital growth.

The Sri Siri EA V1.90 is built to capitalize on specific market movements, often associated with high-volatility pairs like XAUUSD (Gold) and major currency pairs. Unlike standard indicators that lag behind price action, this automated robot uses real-time data processing to execute trades with precision. For traders visiting mql5.software, understanding the mechanics of this tool is crucial before deploying it on a live account. Whether you are a novice trader looking for your first automated bot or a seasoned professional seeking to diversify your portfolio, the Sri Siri EA promises a blend of aggressive entry logic and calculated risk management.

This review delves into the core aspects of the Sri Siri EA V1.90, exploring its trading strategy, key features, and performance potential. We will also provide a detailed installation guide to ensure you get it up and running on your MT4 terminal without issues. If you are searching for a tool that can handle the erratic nature of the forex markets in 2026, this might be the addition your trading arsenal needs.

Key features :

The Sri Siri EA V1.90 MT4 comes packed with features designed to give traders an edge. While many EAs flood the market with generic promises, this version focuses on specific technical advantages:

  • Automated Trade Execution: The core function of the Sri Siri EA is its ability to open and close trades 24/5 without human intervention. It monitors the markets for specific setups, ensuring no opportunity is missed, even while you sleep.
  • Volatility Protection: One of the standout features of V1.90 is likely its enhanced volatility filters. These are crucial for pairs like Gold, preventing the EA from entering trades during erratic spreads or low-liquidity "whipsaw" periods.
  • Dynamic Risk Management: The EA includes settings for Equity Protection and dynamic lot sizing. This allows traders to set a maximum drawdown limit, ensuring the bot stops trading if market conditions become too unfavorable.

  • News Filter Integration: Advanced versions like V1.90 often include news filtering capabilities (or logic to avoid news times) to protect the account from slippage during high-impact economic events like NFP or FOMC.
  • Grid/Recovery Logic: Many EAs in this category utilize a smart grid or recovery mechanism to turn losing trades into winners by averaging the entry price, a feature that requires careful management but offers high profit potential.
  • User-Friendly Interface: Designed for MT4, the EA typically offers a clean input parameter list, making it easy for users to adjust lot sizes, take profit (TP), and stop loss (SL) levels.

Recommended settings :

To maximize the performance of the Sri Siri EA V1.90, using the correct configuration is vital. While default settings can work, optimization is key for long-term survival.

  • Platform: MetaTrader 4 (MT4) only.
  • Recommended Pairs: XAUUSD (Gold) is often the primary target for such EAs, but major pairs like EURUSD and GBPUSD can also be stable options.
  • Timeframe: Usually M15 (15-Minute) or H1 (1-Hour). Lower timeframes like M1 are risky due to noise, while higher timeframes may offer fewer trades.
  • Minimum Balance:
    • Standard Account: $1,000+ is recommended to absorb drawdown.
    • Cent Account: $100 (10,000 cents) is ideal for testing with lower risk.
  • Lot Size: Start with 0.01 lots per $1,000 balance. Do not be aggressive with lot sizes until you understand the drawdown characteristics.
  • VPS: A Low Latency VPS is mandatory. The EA needs to run 24/7 without internet interruptions to manage open positions effectively.
  • Spread: Use an ECN Broker or Low Spread account. High spreads can eat into the profits of scalping EAs.

Backtest result :

Backtesting is the backbone of trust for any Expert Advisor. For the Sri Siri EA V1.90, hypothetical performance often shows a high win rate in ranging markets.

  • Profit Factor: Good setups typically show a profit factor above 1.5.
  • Drawdown: Users should look for a maximum drawdown of less than 30% in historical testing.
  • Consistency: In 99.9% tick quality tests, the EA should demonstrate an ability to recover from market spikes without blowing the account.
  • Note: It is highly recommended to run your own backtest on your specific broker's data, as spreads vary significantly between brokers. Past performance in screenshots is not a guarantee of future results.

Installation guide :

Installing the Sri Siri EA V1.90 on MT4 is a straightforward process. Follow these steps to ensure it is correctly set up:

  1. Download the File: Obtain the Sri Siri EA V1.90.ex4 file from the mql5.software repository.
  2. Open Data Folder: Launch your MT4 terminal. Go to File > Open Data Folder.
  3. Locate Experts Folder: Navigate to MQL4 > Experts.
  4. Paste the File: Copy the downloaded .ex4 file and paste it into the Experts folder.
  5. Refresh: Close the folder and go back to MT4. Right-click on the "Navigator" panel (left side) and select Refresh. The EA should now appear in the list.
  6. Attach to Chart: Drag and drop the Sri Siri EA onto your desired chart (e.g., XAUUSD M15).
  7. Enable AutoTrading: Ensure the AutoTrading button at the top toolbar is green.
  8. Allow DLL Imports: In the "Common" tab of the EA settings, check "Allow live trading" and "Allow DLL imports" if required.
  9. Click OK: You should see a smiley face in the top right corner of the chart, indicating the EA is active.

Advantage :

  • Passive Income Potential: Once set up, the EA handles all trading activities, saving you hours of screen time.
  • Emotionless Trading: Removes the psychological barrier of fear and greed, executing trades strictly based on logic.
  • High Frequency: Capable of taking advantage of small market moves that manual traders might miss.
  • Customizable: Flexible settings allow you to adjust risk levels to suit your personal tolerance.

Disadvantage :

  • Drawdown Risk: Like many high-performance EAs, it may experience periods of floating drawdown that require a healthy account balance to sustain.
  • Broker Dependency: Performance is heavily reliant on low spreads and fast execution; it may perform poorly on standard high-spread accounts.
  • News Sensitivity: Sudden geopolitical events can disrupt technical strategies, requiring manual intervention to pause the bot during extreme news.

Conclusion :

The Sri Siri EA V1.90 MT4 represents a robust option for traders looking to automate their Gold or Forex trading strategies. Its combination of automated efficiency, risk management features, and compatibility with the widely used MT4 platform makes it a strong contender in the algo-trading space. However, success with this tool requires discipline—specifically in using the correct lot sizes and ensuring a stable VPS environment.

For users at mql5.software, this EA offers a promising path to leveraging market volatility. We always recommend testing on a Demo Account for at least two weeks to understand its behavior before committing real capital. With the right setup, the Sri Siri EA can be a powerful asset in your trading portfolio.

Support & Disclaimer :

Support :

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: https://wa.me/+443300272265

Telegram Group: https://t.me/yoforexrobot

Disclaimer:

Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.

Referral :

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