Exorcist Bot EA for MT4 by Ivan Simonika: Mastering Market Trends with Multi-Currency Precision
Exorcist Bot EA is an advanced, multi-functional trading advisor designed to work on any timeframe and in any market conditions, delivering consistently profitable results across a range of currency pairs. Built to detect medium-term trends, this bot is powered by sophisticated averaging algorithms and custom indicators, offering traders an optimal balance of safety and performance without using risky methods like Martingale.
Key Features of Exorcist Bot EA
- Multi-Currency and Timeframe Capability: Exorcist Bot EA is optimized to trade multiple currency pairs, including EURUSD, GBPUSD, USDJPY, AUDUSD, and more, and can operate on any timeframe, from M1 to H4, making it adaptable to any trading style.
- Non-Geometric Progression Trading Grid: The bot uses a unique grid system that averages trades with a non-geometric progression, reducing risk and optimizing returns over time.
- Built-In Protection Systems: To ensure safety, Exorcist Bot EA includes filters for spread, trading time restrictions, and an internal trading grid based on key market levels.
- Customizable Trading Aggressiveness: Tailor the bot’s performance by adjusting trading aggressiveness, with the flexibility to configure both trend-following and counter-trend strategies.
- Postponed Orders with Trailing: The bot can work with postponed orders, allowing you to trail positions as the market moves, improving the risk-to-reward ratio.
- No Martingale: Unlike many risky EAs, Exorcist Bot does not rely on Martingale or grid doubling techniques, making it safer for long-term, automated trading.
How Exorcist Bot EA Works
Exorcist Bot EA is powered by a complex network of custom proprietary indicators designed to accurately identify market trends. Each indicator feeds into a central control system, ensuring that no trades are entered until multiple confirmation signals align. Once a signal is confirmed, the bot averages positions mathematically, minimizing risk while maximizing profits. This approach results in high-accuracy entries and exits, even in volatile markets.
The Exorcist Bot EA works efficiently across multiple currency pairs, utilizing both real and virtual stop-losses for added flexibility. This feature hides key levels from brokers, ensuring trades are not prematurely closed due to broker manipulation. The bot uses a mix of real and virtual orders, allowing for smart, hidden strategies.
Customizable Settings
Exorcist Bot EA offers a range of parameters that allow for complete control over the trading process, including:
- SetupFilling: Controls the type of execution based on the balance.
- Magic Number: Assigns a unique ID to each trade for easy tracking.
- Fixed Lot Size (LOT): Manually set the lot size for each trade.
- Risk Control (RISK): Automatically adjusts the trade volume based on your account balance.
- Gridstep: Sets the minimum step distance for the trading grid.
- Trend Permissions: Allow the bot to trade with or against the trend by enabling or disabling trend strategies.
- Trailing Orders: Control the trailing of pending and active orders for better profit maximization.
- Real vs. Virtual Stop-Loss: Choose between visible stop-loss levels for your broker or virtual, hidden levels to prevent premature closures.
Backtest Results: EURUSD and USDCHF Performance
The Exorcist Bot EA has been extensively backtested on multiple currency pairs, showing impressive results across the board. Two key backtests demonstrate the bot’s capabilities:
- EURUSD (H1) Backtest:
- Initial Deposit: $1,000
- Net Profit: $427,220,568.25
- Drawdown: 20.01% (Max)
- Profit Factor: 54.37
- Total Trades: 9,472
In this test, Exorcist Bot EA showed strong profitability, with a high win rate (92.96% for short trades, 93.52% for long trades). Its smart use of trend-following logic and grid progression yielded exponential growth over time while maintaining manageable drawdowns.
- USDCHF (M1) Backtest:
- Initial Deposit: $1,000
- Net Profit: $292,266,827.17
- Drawdown: 9.90% (Max)
- Profit Factor: 32.96
- Total Trades: 8,236
Exorcist Bot EA performed equally well on USDCHF, with an 88.50% win rate for short trades and 90.86% for long trades. The grid system and non-geometric progression allowed it to manage risk effectively, leading to substantial growth with minimal drawdown.
Why Choose Exorcist Bot EA?
- Comprehensive Protection Systems: Exorcist Bot EA comes equipped with multiple filters and safety nets, including spread filters, trading time restrictions, and trend-level-based trading grids, ensuring the system adapts to changing market conditions while minimizing risk.
- Trend and Counter-Trend Strategies: Whether you prefer trading with the trend or counter-trend, Exorcist Bot EA can do both, with customizable settings for trading aggressiveness.
- No Emotion, Only Logic: The bot eliminates human error and emotional decision-making, relying solely on mathematical precision and real-time data analysis.
- Automated Efficiency: With real and virtual stop-loss orders, postponed trailing orders, and multi-currency functionality, Exorcist Bot EA is designed to work efficiently across multiple currency pairs around the clock.
User-Friendly Setup and Parameters
For traders who enjoy customization, Exorcist Bot EA offers a range of settings to tailor its behavior to your strategy, including Lot Size, Risk, Magic Number, and advanced trailing mechanisms.
With verified templates for a variety of currency pairs, including EURUSD, GBPUSD, USDJPY, AUDUSD, and more, Exorcist Bot EA is an excellent choice for traders seeking reliable, long-term profitability.
Conclusion
Exorcist Bot EA by Ivan Simonika is a powerful, multi-currency EA designed for safe, long-term profitability in the forex market. Its non-geometric progression grid, trend-following strategies, and robust protection systems ensure reliable performance in any market condition. Whether you’re looking to trade EURUSD, USDCHF, or a mix of other currency pairs, Exorcist Bot EA is adaptable, customizable, and highly effective.
Risk Disclaimer
Trading forex involves significant risk and may not be suitable for all investors. Past performance of Exorcist Bot EA does not guarantee future results. Be sure to trade only with funds you can afford to lose.