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MT4 utility$200 on MQL5by Abdulqudus Tomiwa Akande-owoo
What the developer says
Are you running multiple Expert Advisors and struggling to keep track of exactly which one is performing and which one is dragging your account down?
Compiled from its public MQL5 listing. FxRobotEasy has not traded EA Performance Logger Telegram MT4; what these notes say about how it works comes from that listing.
This review evaluates EA Performance Logger Telegram MT4 in 2026 with a focus on performance tracking and practical analysis for live MT4 environments. EA Performance Logger Telegram MT4 is not a trading algorithm but a specialized utility that captures trade-level and EA-level metrics, consolidates results and delivers them via Telegram.
What makes EA Performance Logger Telegram MT4 unique is its architecture: a lightweight MT4 script combined with efficient file-based logging and optional remote alerts. The tool hooks into MetaTrader 4 account events, records the EA identifier or magic number, captures entry and exit details, and computes per-EA net profit after commissions and swaps. The internal algorithm focuses on reliable record-keeping rather than predictive modeling, so it is robust in low-liquidity and high-spread conditions. Abdulqudus Tomiwa Akande-owoo designed the utility to be deterministic and auditable, which is helpful for investor transparency.
The product handles best in stable forex and CFD environments where trade frequency is moderate and execution latencies are consistent. Risk management is implemented through configurable alert thresholds and drawdown notifications rather than trade-level stop controls. Overall, EA Performance Logger Telegram MT4 fits users who prioritize verifiable performance data over algorithmic decision-making.
The risk profile for using EA Performance Logger Telegram MT4 is low to moderate because it does not execute trades or modify positions. The utility relies on accurate broker data, so misconfigured symbol settings or incorrect lot size normalization can produce misleading reports. There is no built-in stop loss strategy because the product is monitoring-only; stop loss approaches remain the responsibility of the underlying EAs and trader. Position sizing recommendations are informational: the logger helps analyze how different EAs would have impacted equity under alternative sizing but does not enforce changes. Vulnerabilities include dependency on MT4 stability and potential file I/O issues on poorly configured VPS environments. Recommended account size depends on the EAs being monitored, but a conservative baseline of $1,000 per active EA is sensible for common FX strategies.
Listed strengths
Worth checking
Configure the magic numbers or EA identifiers to match each Expert Advisor and enter broker-specific symbol and commission settings. Set the Telegram bot token and chat ID to enable message delivery, and choose alert thresholds for daily loss and drawdown. Recommended brokers are STP or ECN types with low slippage; avoid brokers with heavy re-quotes for accurate reporting. Run a two-week demo on a live-simulated account to validate timestamps, P&L matching, and CSV exports before full deployment.
Free tool · from FxRobotEasy
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
EASY Fortressby FxRobotEasy
Free MT5 account guard — daily loss limit and drawdown lock. It opens no trades.
FxRobotEasy on Telegram
The team's notes, every day
| EA Performance Logger Telegram MT4 | EASY Fortress | |
|---|---|---|
| How you get it | Buy on MQL5 ($200) | Free installer |
| Platform | MT4 | MT5 |
| Public account reports | — | Not applicable |
| Made by | Abdulqudus Tomiwa Akande-owoo | FxRobotEasy |
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.