FX Rich City EA V2.01 MT4

Ever felt like most trading robots are either overpriced or just overhyped? You’re not wrong. Many so-called “premium” EAs on the market promise insane profits but end up draining accounts. That’s why FX Rich City EA V2.01 MT4 is worth a closer look.

Designed for traders who want steady, controlled gains without complicated setups, this EA is built with a scalping-focused strategy and enhanced risk management. Developed under the YoForex umbrella and released free on MQL5.software, it’s tailored for both beginners and seasoned traders looking for reliable automation.

Overview of FX Rich City EA V2.01 MT4

FX Rich City EA is a scalping expert advisor built for MetaTrader 4. It identifies micro price moves during liquid sessions and executes trades with tight stop-losses and smart exit logic.

Unlike grid or martingale bots, this EA runs with fixed risk parameters to ensure accounts are protected. With a minimum deposit of $200, it works smoothly on both demo and live accounts, especially on low-spread ECN brokers.

Pairs supported include:

EURUSD
GBPUSD
USDJPY
XAUUSD (Gold)

Key Features of FX Rich City EA V2.01 MT4

• Scalping-based strategy with tight SL & TP
• Optimized for EURUSD, GBPUSD, USDJPY, and XAUUSD
• Works best on M5–M15 timeframes
• Risk-managed algorithm (no martingale, no grid)
• Equity protection against large drawdowns
• Auto lot calculation or fixed lot settings
• Works on demo/live accounts and prop firm challenges
• Compatible with all brokers (best with ECN/Raw Spread)
• Monthly growth target ~8–12% in backtests
• Max drawdown under 10%
• Fully automated, plug-and-play setup

Backtest Results & Live Testing

Profit factor: 1.85+
Win rate: ~68%
Max consecutive losses: 5 trades
Avg. monthly growth: 10%
Max drawdown: 9%

Forward testing on live brokers like IC Markets and Tickmill showed consistent performance across EURUSD and XAUUSD, with stable execution during London and New York sessions.

Installation & Configuration

Download from MQL5.software.
Open MT4 → File → Open Data Folder → MQL4 → Experts.
Paste the EA file in the Experts folder.
Restart MT4 and check Navigator → Expert Advisors.
Drag FX Rich City EA onto the chart (EURUSD M5 recommended).
Enable AutoTrading.

Recommended settings:

Risk per trade: 1–2%
Max trades: 3–4
Time filter: London + NY sessions
Lot size: Auto or fixed based on deposit

Why Choose YoForex Free Tools?

Backtested with real data for accuracy.
Free to download without hidden upsells.
Updated regularly with bug fixes and improvements.
Backed by a community of traders for shared insights.

Support & Disclaimer

Need help setting up FX Rich City EA? Reach us directly:

WhatsApp: Click here
Telegram: Join group

Disclaimer: Forex trading involves risk. Past results don’t guarantee future success. Always test on demo before going live. Never trade money you can’t afford to lose.