- Developer source link: Official MQL5 product listing
- Live signal link: MiloBot PRO — MT4 real account
MiloBot PRO MT4 is a multi-pair Forex EA combining reversal entries, locking positions and averaging. Its MetaTrader 4 controls let you set money management, lock spacing and lot progression for separate currency charts.
Multi-chart Forex trading in MetaTrader 4
The developer lists EURUSD, GBPUSD, USDCHF, USDJPY, EURJPY, CADCHF, NZDUSD, AUDCHF, EURAUD and AUDUSD. Attach the EA to separate charts for the pairs you choose. Several related pairs can create correlated exposure, so consider the combined account rather than treating each chart as an independent risk budget.
- Choose low, medium or high automatic money management.
- Configure lock steps, averaging distance and lot multiplication.
- Monitor positions, margin and spread in the chart dashboard.
How the position management works
Reversal indicators start the trading sequence. Locking and averaging stages can add positions as the market develops, while the lot multiplier and spacing controls govern how exposure grows. This is not a no-grid or no-martingale strategy: many open trades and extended floating losses are possible.

Capital and settings
The developer recommends a $200 cent account or $20,000 standard account and leverage of 1:500 or higher. These are source recommendations, not safe minimums. Check account units, contract sizes and margin before sizing. The old EURUSD M15 tester image is historical evidence, not a universal current timeframe instruction.
Current evidence worth checking
The linked Weltrade MT4 signal showed 185.72% growth and 56.42% maximum equity drawdown on 17 September 2026. Equity was below total deposits despite positive closed profit, and subscriptions were blocked because of current drawdown. Read the full balance-versus-equity analysis before drawing conclusions from growth alone.
Read the MiloBot review, original feedback and signal analysis · Compare the MetaTrader 5 edition
Also from Sergey Ermolov: MiloBot PRO MT4 · MiloBot PRO MT5 · Dual Striker MT5. Compare the MiloBot signal review and Dual Striker review.
Standalone file — latest version. Follow the delivery instructions supplied with your order.
