Xera: Automated MT4 trading robot delivering verified performance and controlled risk

This Xera: 2026 Performance Review and Analysis examines Xera performance on MT4 using TDS-quality verification and ten years of market conditions. 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. 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.