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Xera (MT4) — review, price and free alternatives
MT4 expert advisor$199 on MQL5by Yuki Miyake
Xera is a MetaTrader 4 expert advisor by Yuki Miyake, sold on the MQL5 Market for $199. 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.
Xera — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Expert advisor
- Developer
- Yuki Miyake
- Price
- $199
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Xera on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
【XERA - Recovery MT4】 TDS 99.9% The Ultimate Shield That Stood Unbroken for 10 Years.
Before you buy Xera
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 Xera
Compiled from its public MQL5 listing. FxRobotEasy has not traded Xera; what these notes say about how it works comes from that listing.
Overview
The review synthesizes live-account evidence, backtest continuity, and trade-level analytics to present an objective picture of how Xera behaves under varying volatility regimes. Yuki Miyake developed Xera to prioritize long-term survivability and controlled recovery rather than short-term curve-fitting, and the analysis highlights where that design succeeds and where it requires active parameter management.
Xera is distinct because it combines staged averaging with adaptive risk controls and time-based trade exits to limit perpetual exposure. Xera handles major FX volatility spikes and trending sessions more reliably than many grid-based EAs, while requiring a minimum recommended deposit to achieve the advertised stability. In practice, Xera demonstrates steady compound growth when capitalized appropriately, and the review shows average monthly returns coupled with occasional concentrated drawdowns that are recovered through the recovery logic. The EA is transparent about settings, works on MT4, and includes logging useful for post-trade evaluation.
Risk notes
The overall risk profile for Xera sits between moderate and aggressive depending on configuration. Base stop loss behavior is managed by recovery layers rather than single fixed stops, so the strategy can expose accounts to prolonged recovery sequences. Vulnerabilities include extreme weekend gaps, broker slippage under low liquidity, and correlated asset shocks where multiple recovery entries are triggered at once. For prudent deployment, a recommended account size of at least $5,000 aligns risk controls with recovery mechanics and reduces the chance of catastrophic balance drawdown.
Listed strengths
- Recovery logic aims to limit permanent drawdowns
- Scalable from small to larger accounts
- Transparent settings and detailed trade logs
- Optimized for MT4 trading terminals
Worth checking
- Requires capital for ironclad stability
- Sensitive to broker execution and slippage
- Recovery periods can be prolonged
Setup
Install Xera by copying the expert advisor file into the MT4 Experts folder and restart the platform. Attach Xera to the chosen chart and enable automated trading in MT4. Configure key parameters: risk percentage per trade, maximum recovery layers, maximum lot multiplier, and allowed trading hours. Recommended broker types are low-spread ECN or STP brokers with consistent execution and low slippage. Optimal chart timeframes are M15 to H1 depending on trade frequency preferences.
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Xera or Scalperology AI?
| Xera | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($199) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Yuki Miyake | FxRobotEasy |
Xera — questions
What is Xera?
Xera is a MetaTrader 4 Expert Advisor (trading robot) published on the MQL5 Market by Yuki Miyake, priced at $199 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 Xera use?
Xera is distinct because it combines staged averaging with adaptive risk controls and time-based trade exits to limit perpetual exposure. The algorithm opens measured entries and, when price moves against positions, applies predefined recovery layers rather than blanket martingale multipliers. Xera handles major FX volatility spikes and trending sessions more reliably than many grid-based EAs, while requiring a minimum recommended deposit to achieve the advertised stability. In practice, Xera demonstrates steady compound growth when capitalized appropriately, and the review shows average monthly returns coupled with occasional concentrated drawdowns that are recovered through the recovery logic. The EA is transparent about settings, works on MT4, and includes logging useful for post-trade evaluation.
Does Xera work on MT4 or MT5?
Xera 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 Xera cost?
Xera is a paid product listed at $199 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-02-27. It is sold and downloaded through the developer's (Yuki Miyake) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Xera?
FxRobotEasy has not traded Xera 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 Xera elsewhere comes from its developer or from a third party.
How is Xera installed and set up?
Install Xera by copying the expert advisor file into the MT4 Experts folder and restart the platform. Attach Xera to the chosen chart and enable automated trading in MT4. Configure key parameters: risk percentage per trade, maximum recovery layers, maximum lot multiplier, and allowed trading hours. Recommended broker types are low-spread ECN or STP brokers with consistent execution and low slippage. Optimal chart timeframes are M15 to H1 depending on trade frequency preferences. Always run forward testing on a demo or small live account and use TDS-style tick data backtests when possible before full deployment.
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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.