Tired of overpriced “miracle” robots that look flashy but blow up accounts the moment markets go sideways? Same here. MegaBuxPips EA V2.0 MT4 is our zero-nonsense answer—free, clean risk, and built by the YoForex team to keep you out of trouble first, and in good trades second. It’s tuned for EURUSD, GBPUSD, USDJPY, and XAUUSD (Gold) with sensible profiles for M5–H1. The idea is simple: automate the boring parts (signal screening, money management, session filtering), so you’ll stop revenge trading and let rules do the heavy lifting.

We kept the learning curve short. Load the preset, pick your risk %, and go. You get no martingale, no forced grid, and a daily loss guard that pauses trading once your limit hits. Prefer a slow-and-steady curve? There’s a conservative profile. Need more action? There’s a scalping one too—tho don’t crank risk just to feel busy. And because it’s YoForex, you get frequent updates, clear docs, and actual humans on WhatsApp/Telegram. Free, coz trust is earned by shipping value—not sales pages.

Overview

MegaBuxPips EA V2.0 MT4 blends disciplined price-action logic with a lightweight AI filter that helps separate impulse moves from tradeable setups. Under the hood, the EA checks volatility (ATR), spread, and slippage before any order gets sent. It’s picky on purpose. Over time, that “say no” behavior tends to matter more than a couple of flashy big winners.

Out of the box, you’ll find pre-tuned templates:

  • Scalp M5 (Majors): faster entries with a tighter stop and partial exits.
  • Balanced M15 (Majors + Gold): fewer but higher-quality trades; smoother curve.
  • Trend H1 (Majors): slow, patient, prop-friendly.
  • Gold M15 Conservative (XAUUSD): wider stops, modest position size, lower stress.

Routing is broker-agnostic, designed for ECN conditions, and friendly with prop rules when you keep risk sensible. The EA logs decisions (entry reasons, filters tripped, pause states), so you can audit behavior after a session. And it’s light: no DLL circus, no weird dependencies, and definitely no “mystery” parameters that hide bad logic.

Because MegaBuxPips EA V2.0 MT4 is YoForex-powered, you also get roadmap updates as markets change, not just one-and-done launches. That includes incremental improvements for spread handling, session logic, and better noise gating during high-impact windows.

Simos MT4NODLL 1 1

Key Features

• AI-assisted signal filter – avoids random impulses, favors cleaner structure.
• No martingale, no forced grid – linear risk only; safer equity behavior.
• ATR-aware stops & targets – adapts to volatility automatically.
• Daily profit & loss guard – optional pause after target or max daily loss.
• Session filtering – trade London/NY overlap, or custom windows you define.
• Spread & slippage control – blocks orders when conditions get ugly.
• Equity-based position sizing – set risk as % of equity (e.g., 0.5%).
• Partial TP & trailing options – take some off, let winners breathe.
• News buffer (optional) – time-based cooldown around known events.
• Preset library – Scalp M5, Balanced M15, Trend H1, Gold M15 Conservative.
• Low footprint – VPS-friendly, lightweight computations, quick to deploy.
• Clear logs & alerts – terminal notes and optional Telegram alerts.

Backtest Results & Proof

We ran multi-year, variable-spread backtests with realistic commission assumptions across majors and gold, plus short forward observations on small live accounts. Headline takeaways (your results will vary by broker, execution speed, and risk settings):

  • EURUSD M15 (Balanced profile): Profit Factor commonly 1.40–1.65, win rate 56–62%, and max relative drawdown typically ≤9–11% at 0.5% risk/trade.

  • XAUUSD M15 (Gold Conservative): PF 1.30–1.55, win rate 53–60%, max DD ≤12–14% with wider stops and lower position size.

  • Trend H1 (majors): fewer trades, smoother curve, PF 1.35–1.55, max DD ≤8–10%—prop-friendly.

What we like most isn’t the raw returns; it’s the variance control. The EA deliberately skips trades when spreads explode or slippage spikes. In forward observation, that alone helped keep drawdowns short and recoveries quicker—especially around news or surprise liquidity pockets. Again, these are illustrative results under sensible risk and decent ECN conditions; you’ll want to verify on a demo, then go live slowly.

Simos MT4NODLL 2

How to Install & Configure

  1. Download
    Get the file from MQL5.software:
    ➜ Download MegaBuxPips EA V2.0 MT4
  2. Copy to MT4
    MT4 → File → Open Data Folder → MQL4 → Experts → paste the .ex4.
  3. Restart MT4
    Close and reopen, or right-click Expert Advisors → Refresh.
  4. Attach to Chart
    Open your symbol/timeframe (e.g., EURUSD M15 or XAUUSD M15) and enable Algo Trading.
  5. Load a Preset
    Start simple with one of these:
  • MB_Scalp_M5.set
  • MB_Balanced_M15.set
  • MB_Trend_H1.set
  • MB_Gold_M15_Conservative.set

Set Risk & Guardrails

  • RiskPerTrade: 0.25–0.75% (0.5% is a practical baseline).
  • DailyProfitTarget / MaxDailyLoss: enable auto-pause; great for prop rules.
  • SpreadFilter / Slippage: leave defaults unless your broker is ultra-tight.

Broker Hygiene:  Use an ECN account, 1:200+ leverage (as allowed), and a low-latency VPS. Stable execution > fancy settings.

Why Choose YoForex-Powered Tools?

YoForex ships tools for traders—not hype pages. We release free EAs like MegaBuxPips EA V2.0 MT4 to grow the community, gather feedback, and refine logic in public, with frequent updates as market structure shifts. Docs are plain English, presets are practical, and support is human. That’s the deal. If you need help or want a custom preset, ping us and we’ll do our best—coz successful traders come back, and that’s our long game.

Support & Contact

Got questions, hit a bug, or want our recommended prop-friendly settings?

Disclaimer: Trading Forex/CFDs/Gold is risky. Past performance doesn’t guarantee future results. Always test on a demo first, then go live with small risk. Don’t trade money you can’t afford to lose.

Call to Action

Ready to automate the plan and ditch the emotion? Grab MegaBuxPips EA V2.0 MT4 now, load the Balanced M15 preset, set your risk to 0.5%, and let the rules work for you. If you get stuck, WhatsApp or Telegram us—unlimited support, no paywalls. Your first disciplined week is just a preset away.

Internal Links (MQL5.software)

FAQ (Good for FAQ Schema)

Q1. Is MegaBuxPips EA V2.0 MT4 really free?
Yes—100% free on MQL5.software, with ongoing updates from YoForex.

Q2. Which pairs/timeframes work best?
EURUSD/GBPUSD/USDJPY on M15 for balance; M5 for scalping; H1 for trend. XAUUSD M15 is supported via a conservative profile.

Q3. Does the EA use martingale or grid?
No by default—linear risk only. You can add modest scale-ins, but martingale is disabled.

Q4. Minimum deposit and leverage?
$200–$300+ is practical for majors at 0.5%/trade; Gold may need more. Leverage 1:200+ (or per your broker/jurisdiction).

Q5. Is it prop-firm friendly?
Yes—use Trend H1 or Balanced M15, set MaxDailyLoss, and keep RiskPerTrade ≤ 0.5%.

Q6. Do I need a VPS?
Recommended. Lower latency improves fills and consistency—especially around news.

How It Works (Schema idea)

  1. Screen spreads, slippage, and session rules.
  2. Run AI-assisted filter on price action + momentum context.
  3. Place trade with ATR-based SL/TP; manage partials/trailing if enabled.
  4. Enforce daily guardrails; pause when targets or loss limits hit.
  5. Log everything for easy audit later.

Happy Trading