Razor EA MT4

Razor for an existing MetaTrader 4 setup

Razor EA MT4 is the MetaTrader 4 edition of Anton Kondratev’s multi-currency mean-reversion system. It targets the AUDCAD, AUDNZD and NZDCAD Forex crosses, combining entry selection with management of positions that move into drawdown. It remains available here even though its former MQL5 listing has been removed.

This edition suits traders keeping their trading setup on MT4. The existing version offered here remains 8.55. Current MT5 documentation helps explain the strategy family, but does not establish that this MT4 build contains later MT5 features.

What matters when choosing the MT4 edition

• Platform compatibility: choose the MT4 file for a MetaTrader 4 terminal; MT5 is a separate product.
• Three related Forex crosses: the strategy family focuses on AUDCAD, AUDNZD and NZDCAD, rather than default gold or index trading.
• Recovery-position exposure: assess combined lot sizes and available margin, not just the size of the first trade.
• Broker-specific testing: spreads, swaps, execution and symbol naming can change the outcome from another account’s history.

MT4 version and setup reference

Edition

Razor EA MT4, existing supplied version 8.55.

Availability

Still sold by CheaperForex; the former MT4 MQL5 listing is no longer available.

Strategy reference

Mean reversion across AUDCAD, AUDNZD and NZDCAD. Confirm the exact inputs and chart setup against the supplied MT4 build.

Execution

Use appropriate broker conditions, sufficient margin and a stable terminal/VPS connection.

MT5 differences

Version 8.88 features such as Skip First Deals and Ultra Virtualization are documented for MT5; they are not promised for MT4 8.55.

What the current signal does—and does not—show

The developer’s current linked account is on MT5 at Tickmill-Live. It displayed 2,131.51% growth and 1,872 trades when checked on 13 September 2026. This is encouraging evidence about Razor’s wider trading history, but it is not an MT4 8.55 performance record.

Our shared review examines that account’s cash flows, balance and equity drawdowns, symbol mix and monitoring dates. It also shows the developer’s historical test images and discusses the small, older set of written customer reviews. Those distinctions are useful when deciding whether to stay with MT4 or select the currently listed MT5 edition.

Read the Razor MT4 vs MT5 review and signal analysis · View Razor EA MT5 version 8.88

Understand the position-management risk

The current public Razor guide describes recovery-grid behaviour and configurable multipliers. We therefore do not describe the strategy as having no grid or no martingale. Stops and drawdown controls can limit exposure, but cannot ensure that a recovery basket closes profitably. Test conservatively and review the inputs actually present in your MT4 file.

Later MT5 documentation is linked for background: Razor MT5 listing and public Razor guide.

Standalone MT4 offer: the existing version 8.55 and price are retained. The order download contains your delivery instructions for the standalone file.