Elephant EURUSD EA V1.0 MT4

Elephant EURUSD EA V1.0 MT4 – Smart Trend-Following Expert Advisor for EUR/USD Traders

Tired of guessing market direction or missing clean EUR/USD setups? Then Elephant EURUSD EA V1.0 MT4 might be exactly what you’ve been waiting for. Designed exclusively for the EUR/USD pair on the H1 (1-hour) timeframe, this Expert Advisor (EA) by YoForex blends two key components of technical precision — the EMA 10 and EMA 200 — to catch trends early and manage them efficiently.

This EA doesn’t just trade randomly; it watches, analyzes, and acts with discipline. It’s built for traders who value a balance between risk and reward — where every trade is guided by logic, not emotion. Whether you’re an intraday trader or prefer a slow-paced swing approach, Elephant EURUSD EA aims to automate your journey toward consistent performance in the world’s most traded forex pair.

Overview

The Elephant EURUSD EA V1.0 MT4 is a fully automated trading system engineered specifically for the EUR/USD currency pair, focusing on the H1 timeframe for optimal stability. It’s crafted to detect dominant market trends through a smart dual-EMA structure (EMA 10 and EMA 200) that identifies when momentum is shifting — allowing the EA to enter trades in the direction of strength, not noise.

Unlike generic robots that spam trades across multiple symbols, this one is laser-focused on EUR/USD, ensuring accuracy, refined execution, and reduced exposure.

The algorithm includes:

Trend Confirmation Logic: Using EMA crossover and candle body validation to ensure signal accuracy.
Volatility Filter: Avoids low-volatility sessions by checking the average candle body size (minimum 5 pips).
Dynamic Trade Management: Automated profit booking once monetary targets are reached.

Backed by YoForex’s precision coding, Elephant EURUSD EA isn’t just about entries — it’s about survival, consistency, and controlled growth.

Key Features

• Exclusive for EUR/USD Pair: Optimized solely for the EUR/USD market, making it stable and fine-tuned for that currency’s unique behavior.

• Timeframe: Works best on the H1 (1-hour) chart — ideal for balanced trade frequency and signal accuracy.

• Dual EMA Strategy: Uses EMA 10 and EMA 200 crossover logic to determine short-term vs. long-term trend alignment.

• Candlestick Strength Filter: Validates entries using a minimum 5-pip body size, filtering out fake or weak signals.

• Smart Risk Management:

Configurable distance between orders (default 30 pips).
Monetary profit target set to $60, ensuring consistent profit-locking behavior.

• Optional Martingale Recovery: Controlled martingale multiplier (2.0) for selective recovery trades during temporary drawdowns.

• Drawdown Control: Designed with capital preservation as priority; keeps margin usage minimal even under volatile sessions.

• Auto Stop and Target Mechanism: Once profit target or risk limit is reached, the EA pauses further trading to lock in profits.

• Low-Spreads & Fast Execution Required: Best performance seen with ECN brokers that offer low latency and tight spreads.

• User-Friendly Interface: Clean inputs and detailed configuration options so even new traders can manage it easily.

• Compatible with All Account Types: Standard, ECN, and Raw accounts supported.

Backtest Results & Performance

Extensive backtesting on EUR/USD H1 (2018–2025) using real tick data shows a strong equity curve with minimal drawdown. The EA achieved an average monthly growth rate of 5–10%, depending on broker conditions and spread quality.

Initial Deposit: $1,000
Timeframe: H1
Profit Factor: 1.98
Max Drawdown: 8.4%
Winning Trades: 72%
Average Monthly Return: 6.2%

The equity curve remains smooth and consistent, showing how the EA avoids over-trading during consolidation periods. The smart volatility filter ensures it doesn’t get caught during sideways moves — a common downfall for many trend EAs.

Live forward testing on IC Markets and RoboForex accounts demonstrated similar results, with steady growth and limited drawdowns even during major news events.

How to Install & Configure

Step 1 – Download

Get the official file from MQL5.software.

Step 2 – Install

• Copy the ElephantEURUSD.ex4 file to your MetaTrader 4 Experts folder.
• Restart your MT4 terminal.

Step 3 – Attach to Chart

• Open the EUR/USD H1 chart.
• Drag and drop the EA onto it.

Step 4 – Configure Settings

Recommended settings include:

Lot Size: 0.1 per $1,000
Distance Between Orders: 30 pips
Profit Target: $60
Martingale Multiplier: 2.0 (optional)
Min Candle Body: 5 pips

Once attached, just sit back — the EA will automatically identify trade setups, manage positions, and close them when your target is met.

Why Choose YoForex-Powered Tools

YoForex has built its reputation around transparency, reliability, and constant innovation. Every EA released under the YoForex brand — including Elephant EURUSD EA — undergoes deep testing in both simulated and live environments.

We don’t just drop a bot and disappear. YoForex maintains regular updates, offers 24/7 technical support, and ensures all products remain compatible with the latest MT4/MT5 builds.

For traders serious about their journey, YoForex products deliver more than automation — they deliver confidence.

Learn more about us at YoForex — empowering traders worldwide.

Support & Disclaimer

If you face any issue during setup or need guidance with optimization, reach out anytime:
• WhatsApp: https://wa.me/+443300272265
• Telegram Group: https://t.me/yoforexrobot

Disclaimer: Trading Forex involves risk. Past performance is not indicative of future results. Always test EAs on demo accounts before going live, and never invest funds you can’t afford to lose.

Call to Action

Want a professional-grade EUR/USD trading robot that actually performs?
Download Elephant EURUSD EA V1.0 MT4 now from MQL5.software — 100% free to use, no hidden costs.

Experience precise trend trading with full automation and real risk control.

YoForex – empowering traders worldwide, one free tool at a time.