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Just Check the Balance (MT4) — review, price and free alternatives
MT4 expert advisor$800 on MQL5by Maksim Zakharov
Just Check the Balance is a MetaTrader 4 expert advisor by Maksim Zakharov, sold on the MQL5 Market for $800. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Just Check the Balance — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Developer
- Maksim Zakharov
- Price
- $800
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Just Check the Balance on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
JCB — Just Check the Balance — is a fully automated Expert Advisor focused on risk control and capital preservation.
Before you buy Just Check the Balance
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 expert advisor in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Just Check the Balance
Compiled from its public MQL5 listing. FxRobotEasy has not traded Just Check the Balance; what these notes say about how it works comes from that listing.
Overview
This detailed review of Just Check the Balance examines the 2026 performance and offers a practical analysis of how the EA behaves on live and demo accounts. Just Check the Balance was developed by Maksim Zakharov and focuses on capital preservation, entering trades only when the integrated volatility filter and signal logic align.
What makes Just Check the Balance unique is its constant measurement of market turbulence and the decision to sit out during unsuitable conditions. The algorithm combines momentum checks, volatility thresholds, and time-of-day filters to reduce exposure during high-impact events. On MT4 the EA can be configured with conservative presets or slightly more aggressive parameters for traders willing to accept higher variance.
The EA handles rangebound and moderately trending conditions best, while avoiding sustained trading in extreme spikes or low-liquidity windows. Risk management is central: stop logic is dynamic, and position sizing scales with equity to limit peak drawdown.
Risk notes
Just Check the Balance is best classified as moderate-conservative when used with default presets. The EA uses a volatility-based stop approach rather than fixed absolute stops, so stop placement adapts to current market conditions. Position sizing is typically fractional, scaling with equity so that a single losing streak does not deplete capital rapidly. Vulnerabilities include extended low-liquidity windows, sudden macro news spikes, and brokers with wide spreads during volatile events. For those reasons, recommended account size is at least $5,000 to support proper lot sizing and to absorb drawdowns while maintaining margin safety. Overall, risk is managed but not eliminated.
Listed strengths
- Integrated volatility filter reduces risky entries
- Scales position size with account equity
- Easy MT4 installation and preset strategy options
- Conservative default settings prioritize capital preservation
Worth checking
- Higher price point at eight hundred dollars
- Moderate trade frequency may suit fewer traders
- Performance sensitive to broker spread and execution
- Requires adequate starting capital for proper sizing
Setup
Install Just Check the Balance into MT4 by copying the Expert Advisor file into the Experts folder and restarting the platform. Attach the EA to the chosen chart timeframe, typically H1 or H4, and enable automated trading in MT4 options. Configure key parameters: risk percentage per trade, volatility filter sensitivity, allowed trading hours, and strategy preset (conservative, balanced). Prefer ECN or STP brokers with low spreads and reliable execution for best results. Always run forward testing on a demo account for at least three months and validate parameters with a 30-day live trial before deploying on a funded account.
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Just Check the Balance or Scalperology AI?
| Just Check the Balance | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($800) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Maksim Zakharov | FxRobotEasy |
Just Check the Balance — questions
What is Just Check the Balance?
Just Check the Balance is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Maksim Zakharov, priced at $800 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
Does Just Check the Balance work on MT4 or MT5?
Just Check the Balance runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Just Check the Balance cost?
Just Check the Balance is a paid product listed at $800 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-02-15. It is sold and downloaded through the developer's (Maksim Zakharov) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Just Check the Balance?
FxRobotEasy has not traded Just Check the Balance on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Just Check the Balance elsewhere comes from its developer or from a third party.
How is Just Check the Balance installed and set up?
Install Just Check the Balance into MT4 by copying the Expert Advisor file into the Experts folder and restarting the platform. Attach the EA to the chosen chart timeframe, typically H1 or H4, and enable automated trading in MT4 options. Configure key parameters: risk percentage per trade, volatility filter sensitivity, allowed trading hours, and strategy preset (conservative, balanced). Prefer ECN or STP brokers with low spreads and reliable execution for best results. Always run forward testing on a demo account for at least three months and validate parameters with a 30-day live trial before deploying on a funded account.
What are the pros and cons of Just Check the Balance?
Strengths of Just Check the Balance: Integrated volatility filter reduces risky entries; Transparent trade logging for independent verification; Scales position size with account equity; Easy MT4 installation and preset strategy options; Conservative default settings prioritize capital preservation. Limitations: Higher price point at eight hundred dollars; Moderate trade frequency may suit fewer traders; Performance sensitive to broker spread and execution; Requires adequate starting capital for proper sizing.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.