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Megalodon EA MT4 (MT4) — review, price and free alternatives
MT4 expert advisor$28000 on MQL5by Jan Isaac Rodriguez Castro
Megalodon EA MT4 is a MetaTrader 4 expert advisor by Jan Isaac Rodriguez Castro, sold on the MQL5 Market for $28000. 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.
Megalodon EA MT4 — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Developer
- Jan Isaac Rodriguez Castro
- Price
- $28000
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Megalodon EA MT4 on a live account and publishes no broker-verified performance record for it.
Last updated
Before you buy Megalodon EA MT4
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 Megalodon EA MT4
Compiled from its public MQL5 listing. FxRobotEasy has not traded Megalodon EA MT4; what these notes say about how it works comes from that listing.
Overview
Megalodon EA MT4 by Jan Isaac Rodriguez Castro represents a comprehensive automated trading solution for MT4 traders. What sets Megalodon EA MT4 apart is its balanced approach to trade execution and capital preservation.
Risk notes
Megalodon EA MT4 implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Jan Isaac Rodriguez Castro
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Megalodon EA MT4 on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
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The team's notes, every day
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Megalodon EA MT4 or Scalperology AI?
| Megalodon EA MT4 | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($28000) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Jan Isaac Rodriguez Castro | FxRobotEasy |
Megalodon EA MT4 — questions
What is Megalodon EA MT4?
Megalodon EA MT4 is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Jan Isaac Rodriguez Castro, priced at $28,000 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 Megalodon EA MT4 work on MT4 or MT5?
Megalodon EA MT4 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 Megalodon EA MT4 cost?
Megalodon EA MT4 is a paid product listed at $28,000 USD on the MQL5 Market, the price recorded when its listing was last checked on 2025-11-27. It is sold and downloaded through the developer's (Jan Isaac Rodriguez Castro) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Megalodon EA MT4?
FxRobotEasy has not traded Megalodon EA MT4 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 Megalodon EA MT4 elsewhere comes from its developer or from a third party.
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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.