Sefina Auto Risk Cyckle Trader MQL (MT4) — review, price and free alternatives

Sefina Auto Risk Cyckle Trader MQL is a dual-side grid EA developed for MT4 by Andris Molodeckis that runs best on M5 charts. It places independent BUY and SELL grids on the same chart, sets a fixed TP in pips for each order, and monitors basket profit targets expressed in USD separately for each direction. That design allows traders to quantify basket outcomes in account currency rather than rely solely on pip movement.

What makes Sefina Auto Risk Cyckle Trader MQL unique is the separation of baskets combined with a fixed pip TP per order and USD basket exits, which provides clearer money management when hedging occurs. The algorithm opens new grid levels according to configured distances, sizes positions according to risk settings, and closes entire baskets when the USD target is reached. It performs well in choppy and range-bound conditions where grids can capture oscillations, and will require conservative sizing during strong trending events. Risk management is built around basket targets, configurable lot multiplication, and account-based USD targets rather than aggressive martingale. Expected performance characteristics include moderate monthly returns with periodic deep drawdowns if left unchecked; prudent parameterization and live monitoring are recommended.

Sefina Auto Risk Cyckle Trader MQL presents a moderate to aggressive risk profile depending on parameter choices. There is no universal stop loss per basket because the strategy typically uses fixed pip TPs for individual orders and USD basket exits; traders must therefore implement position sizing limits to control exposure. The recommended approach is percent-based lot sizing tied to account equity and strict maximum open positions to avoid margin stress. Vulnerabilities include extended trending markets where opposing baskets can accumulate losses before a reversal occurs. For default settings a recommended account size of $1,500 to $3,000 reduces the chance of forced liquidation on standard retail MT4 brokers.

Install the EA by copying the Sefina Auto Risk Cyckle Trader MQL file into the MT4 Experts folder and restarting the terminal. Attach the EA to an M5 chart for the pair you intend to trade and enable automated trading. Configure key parameters including basket USD targets, fixed pip TakeProfit, initial lot size, and maximum open orders. Prefer brokers with low spreads and reliable execution; avoid brokers with restrictive hedging or excessive slippage. Run a demo for at least three months and forward-test with the chosen settings before deploying on a funded account.