Ever feel like the market’s moving just when you expect a reversal, only to get whipped out by a raging trend? Swing traders and countertrend aficionados know the pain—missing that perfect turn or getting stopped out in a flurry of volatility. That’s why we built the Reversed EA V1.1 MT4, a free, fully back-tested countertrend MT4 expert advisor that hunts for hidden reversals…coz you deserve better than guesswork and lagging signals.

With Reversed EA V1.1 MT4, you get a plug-and-play forex EA that spots when a pullback’s exhausted and a genuine reversal is brewing. We’re talkin’ precision entry arrows, smart trailing stops, and dynamic risk management so you can ride those swings without holding the bag. Whether you’re new to EAs or a seasoned coder-chaser, this free EA MT4 has something for you—no maze of settings, just clear signals you can trust.

Overview

The Reversed EA V1.1 MT4 is designed to detect and trade high-probability reversals on any major or minor currency pair. Under the hood, it combines an adaptive Bollinger Band filter with a momentum-divergence algorithm to find when price action has stretched too far. Once a reversal trigger fires, the EA:

  1. Places a market or pending order at the anticipated turning point.
  2. Sets a dynamic stop-loss just beyond the recent swing high/low.
  3. Trails the stop-loss as the reversal develops, locking in profit along the way.

Tested extensively on EURUSD, GBPUSD, and USDJPY across H4 and H1 charts, Reversed EA V1.1 MT4 delivers crisp countertrend trades without constant babysitting. And since it’s a free EA MT4, you can demo-test it for days before going live—no strings attached.

For a quick primer on EAs, check our Beginner’s Guide to MT4 Expert Advisors, or explore other YoForex freebies like the Galaxy Gold Scalper V3.0.

Key Features

• + Adaptive Reversal Detection – Combines Bollinger Bands & momentum divergence.
• + Multi-Symbol, Multi-TF – Run on any pair and timeframe from M15 to D1.
• + Smart Trailing Stop – Locks in profits as soon as the reversal picks up steam.
• + Risk Management – User-defined max drawdown and lot-sizing rules.
• + Pending Order Option – Choose instant market entry or safer limit orders.
• + Low-Noise Mode – Filters out choppy sessions with ATR volatility check.
• + Detailed On-Chart Dashboard – See active trades, P/L, and reversal signals.
• + Email & Push Alerts – Get notified on your phone or inbox.
• + Minimal CPU Impact – Optimized code runs smoothly even on shared VPS.
• + 100% Free – No subscriptions, no hidden fees—ever.

Backtest Results & Proof

  • Total Trades: 1,150
  • Win Rate: 58%
  • Profit Factor: 1.38
  • Net Pips: +3,800 pips on 0.1-lot size
  • Max Drawdown: 6.2% of equity

Magicxx Indicator V1.4 MT5 7

How to Install & Configure

  1. Download the EA from MQL5.software:
    https://mql5.software/reversed-ea-v1-1-mt4
  2. Copy ReversedEA_v1.1.ex4 into your MT4 folder under MQL4/Experts.
  3. Restart MT4 so the EA appears in Navigator → Experts.
  4. Attach to your chart (M15, H1, H4, or D1).
  5. Configure inputs in the “Inputs” tab:
  6. ReversalPeriod: default 20 (higher = smoother)
  7. MomentumThreshold: default 0.8 (0–1 scale)
  8. UsePendingOrders: true/false
  9. MaxDrawdownPct: default 5
  10. AlertOptions: pop-up, email, push
  11. Save as a template for auto-loading next time.

Magicxx Indicator V1.4 MT5 1 5

Why Choose YoForex-Powered Tools?

At YoForex, we obsess over transparency and performance. Every EA or indicator we release is fully back-tested, live-verified, and comes with open-source parameter docs. No paywalls, no locked code—just honest, battle-tested trading tools. Our mission? Empower traders worldwide with free, high-quality forex EAs and indicators that actually work.

Support & Contact

Hit a snag, got a bug report, or just wanna chat strategy? Drop us a line:

Include your MT4 build number and a screenshot for faster help. We usually reply within 24 hours.

Disclaimer: Past performance does not guarantee future results. Always demo-test before trading live and use proper risk management.

Conclusion & Call to Action

Don’t let market whipsaws erode your capital. Download Reversed EA V1.1 MT4—a 100% free forex EA—and start nailing those reversals with precision. Grab your copy now on MQL5.software and trade smarter, not harder!

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Spot precise countertrend reversals with Reversed EA V1.1 MT4—download free on MQL5.software today!