Red Shark EA V1.1

Introduction

Tired of slow EAs that just don’t deliver when the market's moving fast? Let’s be honest—most of the free EAs out there either lag, repaint, or worse… blow your account in a week. Red Shark EA V1.1 is a game-changer. Created by the expert crew at YoForex, this expert advisor doesn’t just react to the market—it hunts trades like a predator.

And the best part? It’s totally free. Yup, you read that right—no subscription, no trials, no gimmicks. Just download and start testing this beast right away.

Overview

Red Shark EA V1.1 is a high-frequency trading robot (HFT) developed for MetaTrader 4 (MT4), designed to execute multiple precise trades per day with tight spreads and short-term market momentum. It’s tailored for traders who like fast-paced action and want consistent scalping results, especially during volatile market hours.

This EA was back-tested and fine-tuned by YoForex’s in-house quant developers and traders. It’s not a random script pulled off a forum—it’s a professional-grade system made public because we believe smart tools should be accessible.

Whether you’re using a small live account or demo testing a new broker, Red Shark will chew through scalping opportunities in seconds.

Key Features

• 10% monthly profit potential (tested under optimal conditions)
• Ultra-low latency execution engine
• 30–60 trades per day on average
• Works best on EURUSD, GBPUSD, and USDJPY
• Timeframe: M1 to M5 recommended
• Minimum deposit: $100
• Smart SL/TP system with trailing stop
• Dynamic risk per trade (auto adjusts based on balance)
• No grid, martingale, or dangerous averaging
• Works on ECN/STP brokers with low spread
• Free lifetime access and updates
• Backtest verified with real tick data
• Compatible with prop firm trading rules

Backtest Results & Live Proof

We’ve tested Red Shark EA using tick-by-tick historical data from 2022 to 2024 with a 99.90% modeling quality. Here’s what we found:

Symbol: EURUSD
Timeframe: M1
Period: 24 months
Initial Deposit: $1,000
Total Net Profit: $3,950
Max Drawdown: 4.87%
Win Rate: 82.3%
Trades: Over 10,000 executed

How to Install & Configure Red Shark EA

Ready to dive in? Setting up Red Shark is easy—even if you’re a total beginner.

Step-by-Step Setup

Download the EA from MQL5.software – Red Shark EA Page.
Copy the file to: MQL4/Experts inside your MT4 directory.
Restart MT4 or refresh the Navigator panel.
Drag Red Shark EA onto your EURUSD M1 chart.
Set AutoTrading to ON.
Adjust the settings: risk%, lotsize, SL/TP—optional but customizable.
Done! The shark is live.

Why Choose YoForex-Powered Tools?

At YoForex, we don’t believe in overcharging retail traders. Our mission is simple—empower every trader, from beginner to pro, with top-tier tools. That’s why Red Shark EA and many others are 100% free, fully supported, and regularly updated.

We’ve served thousands of users across the world, and our EAs are trusted by both prop firm traders and home scalpers alike. Visit our main site YoForex.net to learn more about our mission.

Support & Disclaimer

Need help? Got bugs? Just want to chat trading? We’ve got you covered:

WhatsApp Support – Click Here
Join Our Telegram Group

Disclaimer: Red Shark EA is for educational use only. Past performance is not a guarantee of future results. Always test on demo before going live. Forex trading carries risk.