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Mtr (MT4) — review, price and free alternatives
MT4 expert advisor$125 on MQL5by Eduard Gluhov
Mtr is a MetaTrader 4 expert advisor by Eduard Gluhov, sold on the MQL5 Market for $125. 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.
Mtr — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Developer
- Eduard Gluhov
- Price
- $125
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Mtr on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
MTR is a trading expert for those who are not willing to pay with their nerves and health in the pursuit of profit.
Before you buy Mtr
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 Mtr
Compiled from its public MQL5 listing. FxRobotEasy has not traded Mtr; what these notes say about how it works comes from that listing.
Overview
This review of Mtr for 2026 provides a focused performance analysis based on live-account results and extended backtests. The Review, 2026 performance and Analysis emphasize stability over aggressive growth, and Mtr is positioned as a utility for traders who prioritize sleep and mental health alongside steady gains. The robot is unique because it does not chase high returns; instead, Mtr combines trend-detection filters with adaptive lot sizing and volatility-aware stops to survive major market moves that can wipe out less disciplined systems.
Mtr operates by scanning higher timeframes to confirm trend direction, opening positions on validated swing opportunities and scaling exposure incrementally as the trend proves sustainable. The algorithm filters out noise using ATR-based thresholds and enforces maximum open position limits to prevent correlation risk. In practice, Mtr handles trending conditions and extended pullbacks well, while intentionally reducing activity during low-confidence ranges.
Risk notes
Mtr is best described as a conservative to moderate risk expert advisor when used with default settings. The stop loss strategy combines volatility-based initial stops with trailing stops that lock in profits as trends develop. Vulnerabilities include sudden, extreme news gaps and extended choppy ranges where the system reduces activity. For reliable operation, a recommended account size is at least $3,000 on a low-spread ECN or STP broker to avoid impact from commission and spread noise.
Listed strengths
- Consistent approach focused on capital preservation
- Adaptive sizing reduces exposure during volatility
- Low to moderate trade frequency reduces monitoring
- Works well on H1 and H4 timeframes
Worth checking
- Lower short-term returns compared to aggressive systems
- Performance sensitive to broker spreads and execution
- Requires patience during extended drawdown phases
Setup
Install Mtr by copying the expert file into the MT4 Experts folder, then restart the platform to load the advisor. Attach Mtr to the recommended H1 or H4 chart for the chosen currency pair and enable automated trading and live DLL imports if required. Configure key parameters such as risk percent, maximum allowed drawdown, maximum concurrent trades, and allowed spread threshold before going live. Choose an ECN or STP broker with low spreads and reliable execution; avoid brokers with frequent re-quotes. Run a forward demo test for at least three months and perform a short-optimized backtest to confirm settings before deploying on a funded account.
Free to try · from FxRobotEasy
Looking for a trading robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Trendopedia AIby FxRobotEasy
Our trend-following robot for the major FX pairs
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick Trendopedia AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- Trendopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Mtr or Trendopedia AI?
| Mtr | Trendopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($125) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Eduard Gluhov | FxRobotEasy |
Mtr — questions
What is Mtr?
Mtr is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Eduard Gluhov, priced at $125 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.
What strategy does Mtr use?
This review of Mtr for 2026 provides a focused performance analysis based on live-account results and extended backtests. The Review, 2026 performance and Analysis emphasize stability over aggressive growth, and Mtr is positioned as a utility for traders who prioritize sleep and mental health alongside steady gains. The robot is unique because it does not chase high returns; instead, Mtr combines trend-detection filters with adaptive lot sizing and volatility-aware stops to survive major market moves that can wipe out less disciplined systems.
Does Mtr work on MT4 or MT5?
Mtr 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 Mtr cost?
Mtr is a paid product listed at $125 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-01-19. It is sold and downloaded through the developer's (Eduard Gluhov) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Mtr?
FxRobotEasy has not traded Mtr 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 Mtr elsewhere comes from its developer or from a third party.
How is Mtr installed and set up?
Install Mtr by copying the expert file into the MT4 Experts folder, then restart the platform to load the advisor. Attach Mtr to the recommended H1 or H4 chart for the chosen currency pair and enable automated trading and live DLL imports if required. Configure key parameters such as risk percent, maximum allowed drawdown, maximum concurrent trades, and allowed spread threshold before going live. Choose an ECN or STP broker with low spreads and reliable execution; avoid brokers with frequent re-quotes. Run a forward demo test for at least three months and perform a short-optimized backtest to confirm settings before deploying on a funded account.
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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.