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MT4 expert advisor$99 on MQL5by DMITRII GRIDASOV
What the developer says
PRICE ACTION PB EA - is a great automatic trading system based on the price action research!
Compiled from its public MQL5 listing. FxRobotEasy has not traded Price Action PB EA mc; what these notes say about how it works comes from that listing.
In this review I examine how Price Action PB EA mc identifies PinBar setups on the D1 timeframe, filters signals with volatility and trend context, and places entries with fixed stop loss and take profit parameters.
What makes Price Action PB EA mc unique is the narrow focus on a robust price action pattern combined with seven set files tuned for specific pairs. The algorithm scans D1 candles, measures PinBar geometry, and confirms with basic market structure rules before opening trades. Risk management is explicit: configurable fixed stop loss levels, position sizing tied to account equity, and a built-in maximum concurrent trade limit. The developer, DMITRII GRIDASOV, provides clear set files for AUDNZD and EURCAD and documents expected expectancy and historical performance. In practice Price Action PB EA mc shows moderate trade frequency, aiming for high-quality entries and managed drawdowns. The overall analysis and results suggest it is a durable approach for traders who accept longer holding periods and lower daily signal cadence.
Price Action PB EA mc carries a moderate risk profile suited to traders comfortable with daily timeframe swings. The stop loss strategy is fixed and pattern-based, so occasional larger single-trade losses are possible when markets gap on news. Position sizing is recommended to follow a percentage-of-equity approach, such as 0.5–2% risk per trade depending on tolerance. Vulnerabilities include highly correlated market moves, extended trending moves against PinBar signals, and low-liquidity events. Recommended account size for live deployment is at least $5,000 with conservative leverage, while smaller balances are best for forward testing and validation of the provided set files.
Listed strengths
Worth checking
Install Price Action PB EA mc by placing the expert advisor file into the MT4 Experts folder and restarting the platform. Load the supplied set files for AUDNZD or EURCAD onto a D1 chart and attach the EA, ensuring automated trading is enabled. Key parameters to configure include account risk percentage, max concurrent trades, and the chosen set file for your pair. Recommended brokers are ECN or low-spread brokers with competitive swaps for daily holds. Begin with robust backtesting then forward test on a demo account for at least three months before deploying live.
Free to try · from FxRobotEasy
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Scalperology AIby FxRobotEasy
Our multi-pair AI scalper — majors, gold and crypto
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The team's notes, every day
| Price Action PB EA mc | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($99) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | DMITRII GRIDASOV | FxRobotEasy |
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.