Abigail 4 EA V1.16 MT4 Smart Trading Automation for EURUSD FREE DOWNLOAD

By: Swarnalata

Published on: Apr 15, 2025

If you’re searching for a powerful and reliable expert advisor to automate your trades on MetaTrader 4, look no further than Abigail 4 EA V1.16 MT4. This EA has been fine-tuned for EURUSD and uses a smart trading algorithm that focuses on optimal entry points, controlled risk, and consistent profit over time. Whether you’re a beginner or a seasoned trader, Abigail 4 EA can help you streamline your trading with precision.

Key Specifications of Abigail 4 EA V1.16 MT4

• ✅ Minimum Deposit: $200


• ✅ Recommended Currency Pair: EURUSD


• ✅ Best Timeframe: H1 (1 Hour)

How Abigail 4 EA V1.16 MT4 Works

Unlike many EAs that randomly open trades based on indicators alone, Abigail 4 EA V1.16 uses a hybrid strategy that combines trend-following and reversal detection. This dual-method approach allows the EA to adapt to both trending and ranging market conditions, making it highly versatile and stable.

The Core Strategy Includes:

• Dynamic Trend Filter: Abigail 4 EA uses a multi-timeframe trend detection system. It checks higher timeframe trends (such as H4 and D1) to avoid trading against the market direction.


• Entry Logic Based on Reversal Candles: The EA identifies potential price reversals using a mix of candlestick patterns, momentum oscillators, and Bollinger Band deviations.


• Adaptive Risk Management: Risk per trade is calculated based on recent market volatility. If the market is too volatile, the EA reduces lot size or avoids trading.


• News Filter (Optional): To avoid unpredictable price spikes, Abigail 4 EA can pause trading during high-impact news releases.


• No Martingale or Grid Strategy: Abigail avoids risky compounding systems. Every trade has a predefined stop-loss and take-profit, making it suitable even for conservative traders.

How Abigail 4 EA Takes Trades

1. Market Scan and Setup Detection

The EA starts by scanning the EURUSD pair on the H1 chart for favorable setups. It evaluates:

• Market trend alignment (using EMAs and price action)


• Presence of reversal signals (like pin bars or engulfing patterns)


• Bollinger Band squeeze or breakout signals


• RSI divergence (for exhaustion moves)

When 2 or more confluences align, the EA marks the zone for potential entry.

2. Trade Execution

Once a valid setup is confirmed:

• The EA calculates lot size based on the available balance (starting from $200).


• It places a market or pending order (depending on the candle confirmation).


• Stop-loss and take-profit levels are set immediately.


• The trade is monitored live, and a trailing stop may activate if the trade goes into profit.

3. Risk and Money Management

Every trade respects these safety rules:

• Fixed maximum drawdown allowed (set by the user)


• No overlapping trades during high volatility


• Only one trade per setup per direction


• Smart lot sizing – adjusts automatically if equity falls below the threshold

4. Exit and Re-entry Logic

Exits are made using:

• Take-Profit Hit: The trade closes automatically at predefined TP.


• Stop-Loss Activation: Trades close safely if SL is hit.


• Trend Reversal Detection: If the EA detects a strong opposite trend, it can close the trade early.

Re-entries are considered only if the market structure has changed and conditions realign for a new valid setup.

Why Choose Abigail 4 EA V1.16 for EURUSD?

EURUSD is one of the most liquid and predictable forex pairs, and Abigail 4 EA has been extensively backtested on this pair.

 Benefits of Trading EURUSD with Abigail 4 EA:

• Lower spreads = More profit margin


• High daily movement = More opportunities


• Consistent behavior during London and New York sessions


• Fewer surprises compared to exotic pairs

Why You Only Need a $200 Deposit

Abigail 4 EA is designed to work even with small accounts, making it accessible for new traders.

 How It Works With $200:

• The EA uses micro-lots for small balances.


• Risk per trade is dynamically adjusted.


• The system avoids overtrading to preserve capital.


• Low drawdown helps maintain account health over time.

While a $200 deposit is the minimum, you can scale up your balance and adjust the lot sizing rules as needed.

Best Timeframe: H1 (1 Hour)

The H1 timeframe strikes the perfect balance between signal accuracy and trade frequency. Here’s why Abigail 4 EA is optimized for this:

• Reduces noise compared to lower timeframes like M5 or M15


• Captures reliable setups with stronger confirmation


• Less exposure to false breakouts


• Ideal for day traders who want a few quality trades a day

Backtest & Live Performance

Our internal backtesting from 2020–2024 shows:

• Win Rate: ~72%


• Average Monthly Return: 12–18%


• Max Drawdown: Below 12%


• Trades per Month: 20–35

Note: These numbers are based on default settings and can vary based on broker conditions and slippage.

 Who Should Use Abigail 4 EA?

• Beginner traders who want automated support without emotional decisions


• Busy professionals who cannot monitor charts all day


• Forex investors looking to diversify income through passive trading


• Algo enthusiasts who want to test stable, well-coded EAs

Join Our Trading Community on Telegram

Need help setting up the EA or want to see live results from other users? Join our active and growing community. Inside the group, you’ll find:

• EA setup guides


• Trade results from members


• Optimization tips


• 24/7 support from the YoForex team

Final Thoughts: Abigail 4 EA is Built for Stability and Growth

If you’re looking for an EA that doesn’t rely on high-risk tactics but still offers consistent monthly gains, Abigail 4 EA V1.16 is the right choice. With its blend of smart logic, risk control, and trend filtering, it stands out from the crowd of unreliable robots on the market.

With just $200, a reliable broker, and a little patience, you can let Abigail 4 EA work for you while you focus on other things in life.

Join our Telegram for the latest updates and support

Happy Trading