What's included

  • Installation guideStep-by-step PDF with screenshots
  • Optimised presetsReady-to-use configuration files
  • Future updatesIncluded free when we receive them
  • Email supportHelp with setup and technical issues
7-day money-back guarantee. If the EA fails to attach to your chart because of errors we can replicate, you get a full refund. Trading results are not covered.
Trustpilot service reviews

What our customers say

Selected Trustpilot feedback about CheaperForex support, setup and service.

Since 2019 in business 28,000+ customers served

Eve EA MT4 – 488% Profit with IC Markets

Eve EA is a fully automated Forex trading system for EURUSD and GBPUSD, designed to analyze price action with precision and avoid bad trades. Featuring two-level trailing stop, smart recovery, and high spread protection, Eve EA ensures long-term stability while managing risk effectively.

Comes with optimized presets and is fully compatible with FIFO regulations. Live-tested with 488% verified growth on IC Markets.

The Download Package Includes:
+ Expert: Eve EA (.ex4) – Version 1.0
+ Presets for EURUSD, GBPUSD and USDJPY
+ Pairs/Timeframes.txt
+ How to Install MT4 files.pdf

More Information:
+ https://www.mql5.com/market/product/83165

Live Performance Signal:
+
https://www.mql5.com/signals/913179

Original price was: $1,499.00.Current price is: $249.95.

 
Card price. Apple Pay and Google Pay accepted.
Pay with crypto and it is  20% off at checkout
  • Instant download from your account the moment checkout completes. The files stay in your customer portal.
  • Official version, with future updates included free when we receive them. You never pay twice for the same product.
  • 7-day money-back guarantee if it fails to install or run. Setup help by email whenever you need it.
Orders over $300 include 3 months of PrismAlgo EA MT5, free Our cloud-connected EA for 28 FX pairs, Gold and Bitcoin. Added to your cart automatically. PrismAlgo.com
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Need Help? Message us on Telegram, or contact us

What's included

  • Installation guideStep-by-step PDF with screenshots
  • Optimised presetsReady-to-use configuration files
  • Future updatesIncluded free when we receive them
  • Email supportHelp with setup and technical issues
7-day money-back guarantee. If the EA fails to attach to your chart because of errors we can replicate, you get a full refund. Trading results are not covered.

Eve EA for MT4 by Oeyvind Borgsoe – The Ultimate Smart Trading Solution

Key Features of Eve EA

Fully Automated Trading: Uses price action and smart filtering to identify high-probability trades while avoiding bad market conditions.
Two-Level Trailing Stop: Secure profits with dynamic trade management.
Smart Recovery Module: Instead of a hard stop-loss, Eve EA recovers trades by placing additional orders with a soft lot multiplier (1.1-1.2), mitigating drawdowns.
High Spread Protection: Avoids entering trades when spreads are high.
Money Management Module: Choose between low, medium, and high-risk strategies.
FIFO Compatible: Works on US-based brokers.
Pending Order Execution: Reduces slippage by using pending orders instead of market execution.
Flexible Filters: Adjust trade settings to match your risk appetite.

Optimized for the Following Pairs & Timeframe:

📌 Currency Pairs: EURUSD & GBPUSD
📌 Timeframe: H1
📌 Minimum Deposit: $100 per pair
📌 Leverage: 1:100 or higher


Backtesting & Live Performance Analysis

1️⃣ Backtest Report for GBPUSD (2017-2022)

📈 The backtest over 5 years showed an 1897% profit increase with an initial deposit of $10,000 turning into $189,750.
🔥 Profit Factor: 3.73 – Meaning the EA makes $3.73 for every $1 lost.
🔹 Total Trades: 2,197
🔹 Win Rate: 97.8%
🔹 Relative Drawdown: 25%

Eve EA Backtest Equity Growth
Eve EA Backtest Equity Growth

💡 Observations:

  • Steady, consistent growth over time.
  • Very low drawdown considering the high profitability.
  • No large dips, indicating strong trade filtering and risk management.
Eve EA Backtest Report for GBPUSD
Eve EA Backtest Report for GBPUSD

2️⃣ Live Trading Performance – 488% Growth on IC Markets

🚀 Eve EA has been running on a verified IC Markets live account, achieving 488% total growth since 2020.

🔹 Trade Win Rate: 83.3%
🔹 Maximum Drawdown: 48.2% (manageable for long-term trading)
🔹 Average Monthly Growth: 12.46%
🔹 Max Deposit Load: 32.8%

💡 Key Takeaways from Live Trading:
Stable long-term growth, even in volatile conditions.
Soft Recovery Module works effectively to prevent major losses.
Consistent profit-taking while keeping risk managed.

📌 This proves Eve EA works just as well in live trading as in backtests!

Eve EA Live Trading Performance Signal
Eve EA Live Trading Performance Signal

Why Choose Eve EA?

🔹 Reliable Price Action Strategy: No martingale or high-risk strategies—only precise, filtered trade entries.
🔹 Long-Term Stability: Designed for steady profit growth without excessive drawdowns.
🔹 Smart Recovery System: Instead of a hard stop-loss, Eve EA strategically recovers losing trades while maintaining risk control.
🔹 Proven in Live Trading: With 488% verified growth on a live IC Markets account, this EA has shown real-world success.
🔹 Works on Small Accounts: Minimum deposit of just $100 per pair.


FAQs – Frequently Asked Questions

🔹 Is Eve EA compatible with prop firms?
No, it is not recommended for prop firm trading as it uses soft lot multipliers for recovery.

🔹 Does Eve EA work on all brokers?
Yes, but it is recommended to use a low-spread ECN broker like IC Markets.

🔹 Can I adjust the risk settings?
Yes, Eve EA allows low, medium, and high-risk settings depending on your risk appetite.

🔹 Does it work with MetaTrader 5?
No, Eve EA is designed specifically for MT4.

🔹 Does Eve EA require a VPS?
Yes, for best performance and execution, it is advised to run it on a VPS 24/7.


Final Verdict – Should You Get Eve EA?

If you’re looking for a highly intelligent, price-action-based EA that filters bad trades, manages risk effectively, and has verified live performance, then Eve EA is a must-have.

With its 488% live performance, smart recovery system, and precise filtering, Eve EA delivers long-term, sustainable profits for traders looking for an advanced, hands-off trading solution.

📌 Comes with optimized presets & easy setup.

🔻 Get Eve EA now and automate your Forex trading with smart AI precision! 🔻

Pre-Purchase FAQs

Are updates always free?

Yes, all updates are completely free—you'll never pay twice.

We receive updates from developers and upload them to your account when they're available. Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.

All versions are stored in your account for easy access.

What's your refund policy?

We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.

However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees.

I need assistance installing this?

Yes, we'd be happy to assist you!

We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.

Please note, however, that we cannot provide advice on how to make money with any of our products.

Can I use this on multiple accounts?

Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.

You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.

There are no license limits or activation keys. Buy once, use everywhere.

How do I download after payment?

After successful payment, your product will be available for download instantly:

  • Displayed on the screen immediately after checkout
  • Emailed to the address you provided during purchase
  • Stored in your account if you created one at checkout

In rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don't see a download link, contact us for assistance.

Is this an original product?

Yes, absolutely.

We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.

Why Traders Trust Us

Excellent on Trustpilot
4.5★ from real customers
In Business Since 2019
28,000+ customers served
Instant Access
No group buys or waiting
7-Day Refund Policy
For product errors
Remote Installation
We can install for you
Flexible Payments
Cards, Apple Pay, Crypto

Reviewed by Our Trader

Picture of Peter Jones

Peter Jones

Peter Jones is a full-time trader, forex software developer, and founder of CheaperForex.com. With over 10 years of experience in algorithmic trading, he helps traders gain an edge using reliable EAs and strict risk control.
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