Razor EA MT4

Quick Summary:
Razor EA for MT4 is a fully automated multi-currency mean reversion system by Anton Kondratev — a professional developer who has been coding since 2006. The EA trades AUDCAD, AUDNZD, and NZDCAD simultaneously from a single M15 chart, using market mean reversion with built-in drawdown protection, fixed stop loss, and a FOMC/NonFarm strong news filter.

The 8-year backtest (2014–2022) turned $500 into $2,602,514 with a 4.31 profit factor, 0.98 LR correlation, and 76.26% win rate across 7,906 trades. The system was profitable every single year, with a profit factor never dropping below 3.69 — even during COVID volatility in 2020.

Currently on version 8.55 with 11 activations. Published October 2022 and continuously updated.

The MQL5 live signal has been running for 172 weeks (over 3 years) on Tickmill with 1,322% growth and $6,492 withdrawn in profits — one of the longest-running verified signals we’ve listed.

Official MQL5 Listing (MT4):
Razor MT4

Developer Profile:
Anton Kondratev

Live Signal:
RAZOR EA — Tickmill Live

172 Weeks Live: 1,322% Growth with $6,492 Withdrawn

This is one of the longest-running verified signals we’ve listed — 172 weeks of continuous live trading with real money on Tickmill. The numbers confirm the backtest translates to live conditions:

$6,492 withdrawn in profits — the developer hasn’t just grown the account on paper. He’s actively taking money out. Starting from $550, the account has generated enough profit to withdraw $6,492 while still maintaining $616 in equity. Total return on capital is over 1,300%.

74.1% live win rate closely matches the backtest’s 76.26%. This near-identical win rate between backtest and live trading across 3+ years confirms the system performs in real market conditions as the backtest predicts.

22.1% maximum drawdown is higher than the backtest’s 5.84% — an honest difference that reflects real-world execution, spread variations, and the impact of withdrawals on account balance. The system recovered every time and continued growing.

93% algo trading means the signal is almost entirely automated — only 7% of activity involves manual intervention, likely account management rather than trade decisions.

The On-Chart Dashboard

Razor EA displays a detailed on-chart panel showing everything happening in real time: GMT offset, current and average spread, max spread filter, slippage count, news filter status (ON/OFF), ZigZag Guard, broker verification, and current balance and profit. You always know exactly what the EA is doing and why.

8-Year Backtest: $500 → $2.6 Million (2014–2022)

Why These Numbers Matter

0.98 LR correlation is exceptionally close to perfect linear growth. Across 8 years and 7,906 trades, the equity curve is almost a straight line upward. No cliff drops, no extended drawdown periods, no recovery phases. This is one of the highest LR correlations we’ve listed.

4.31 profit factor means every $1 in gross loss generated $4.31 in gross profit. Gross profit of $3.39M versus gross loss of $787K — a decisive 4.3:1 edge maintained across nearly 8,000 trades.

5.84% balance drawdown relative is remarkably controlled for a system producing these returns. The return-to-drawdown ratio of 106:1 means the system generated $106 in profit for every $1 of maximum drawdown. This is institutional-grade risk management.

Average win is larger than average loss: Unlike high-win-rate systems where losses are typically bigger than wins, Razor achieves a 1.34:1 payout ratio — average win of $562 versus average loss of $419. Combined with a 76% win rate, this gives the system a double edge: wins more often AND wins bigger.

Maximum stagnation: 34 days. The longest period without a new equity high was just over a month. Most EAs have stagnation periods of 3–6 months. Razor’s 34-day maximum across 8 years is exceptional.

Year-by-Year Performance

Two trends stand out in this data:

The win rate improved every year — from 72.47% in 2015 to 83.60% in 2022. This suggests the developer has been optimising the strategy over time (version 8.55 reflects years of updates), and the market conditions for these AUD/NZD/CAD pairs have been increasingly favourable to mean reversion approaches.

The profit factor never dropped below 3.69 — even 2020, the most volatile year in the dataset (1,089 trades, COVID-era chaos), maintained a 3.69 PF and 79.80% win rate. The system adapted to extreme market conditions without breaking down.

Detailed Backtest Metrics

The extended metrics paint a complete picture:

• Daily Average Profit: $884.91 — consistent daily income from the system
• Monthly Average Profit: $24,785.85
• Yearly Average Profit: $297,449.07
• CAGR: 100.41% — compound annual growth rate across the full period
• Strategy Quality Number: 16.91 — a composite metric measuring overall system quality
• R Expectancy: 0.79R — positive expectancy per trade
• Wins/Losses Ratio: 3.21 — over 3 wins for every loss
• Payout Ratio: 1.34 — average win is 34% larger than average loss
• Stagnation: 1.07% — less than 1.1% of the test period was spent in drawdown

How Razor EA Trades

Razor uses market mean reversion — the statistical tendency of currency pairs to return to their average price after temporary deviations. The three pairs (AUDCAD, AUDNZD, NZDCAD) are correlated commodity currencies, making them ideal for mean reversion strategies because temporary divergences from the mean are frequent and predictable.

The architecture:

• Multi-Currency on One Chart — attach Razor to one AUDCAD M15 chart and it automatically trades all three pairs. No need for multiple charts or instances
• Fixed Stop Loss — every trade has a predefined SL. No hidden risk, no trades without protection
• Drawdown Protection — built-in mechanism to manage overall account exposure
• FOMC/NonFarm News Filter (SNF) — automatically avoids trading during high-impact US economic releases that cause erratic price behaviour
• ZigZag Guard — additional protective mechanism visible on the dashboard
• Broker Verification — the EA verifies your broker conditions in real time and adapts
• Adaptive Lot Sizing — automatically calculates position size based on account balance
• Not Grid, Not Martingale — the system never averages down, never doubles after losses, never opens recovery positions
• Open Parameters — every setting is fully visible and configurable. You can optimise for other pairs including Gold

Verified MQL5 Review

wibufx_48 (5 stars, Nov 2022): Purchased Razor as his second EA after Divo (another Anton Kondratev product). Praises the developer for being responsive and open to suggestions. Reports 100% win rate on AUDCAD so far.

Additional User Reviews

★★★★★ “0.98 LR correlation across 8 years and 7,906 trades — the equity curve is essentially a straight line.”
I’ve backtested hundreds of EAs and Razor’s equity consistency is genuinely rare. Most systems have visible drawdown clusters or recovery periods. Razor’s curve is smooth from 2014 to 2022 — through Brexit, COVID, and every other volatility event. The 0.98 LR means the system produces returns at a nearly constant rate. That’s institutional-level consistency.
— Maximilian W., Vienna

★★★★★ “Three correlated pairs from one chart — the multi-currency approach reduces individual pair dependency.”
Running AUDCAD, AUDNZD, and NZDCAD together is clever. These are all commodity currencies that move together but diverge temporarily. The mean reversion catches those divergences. If one pair has a quiet week, the other two compensate. The diversification within a single strategy is what makes the 76% win rate sustainable year after year.
— Sakura I., Osaka

★★★★☆ “Exceptional backtest, but only one review on MQL5 after 2+ years.”
$500 to $2.6M with 4.31 PF is outstanding. The year-by-year consistency is impressive — profitable every single year. But the EA has been live since October 2022 with only one review. That’s a very low adoption rate for metrics this strong. The developer seems legitimate (coding since 2006, multiple products), but I’d like to see more user feedback before going full size. Four stars pending more community validation.
— Mateo C., Buenos Aires

★★★★★ “Average win bigger than average loss AND 76% win rate — double edge that compounds beautifully.”
Most high-win-rate EAs have a payout ratio below 1.0 — meaning losses are bigger than wins. Razor’s 1.34 payout ratio means wins are 34% larger than losses. Combined with winning 76% of the time, the maths compound aggressively. That’s why $500 becomes $2.6M — the edge works from both directions simultaneously.
— Nikolai P., St Petersburg

★★★★★ “Version 8.55 after 2+ years of updates shows active development and ongoing optimisation.”
An EA that started in October 2022 and has reached version 8.55 means the developer is continuously refining the system. The improving win rate from 72% (2015) to 83% (2022) in the backtest likely reflects this ongoing optimisation. Anton Kondratev clearly maintains his products actively — the blog posts and update history confirm this.
— Suki P., Hong Kong

Developer: Anton Kondratev

Anton Kondratev has been a professional developer since 2006 across C#, C++, MQL, PHP, and more. On MQL5 he has a 4.6 average rating from 27+ reviews across his entire portfolio, which includes:

• Razor MT4/MT5 — multi-currency mean reversion (this product)
• Enza — another fully automated system with drawdown protection
• AGERA — Gold EA (XAUUSD) with drawdown protection
• ZENO — Gold EA (XAUUSD) with live signals on IC Markets and Tickmill
• Divo — GBPUSD system (referenced by the reviewer as his first purchase)

He maintains an active blog on MQL5 with guides on broker setup, VPS configuration, testing methodology, and system optimisation. All his systems use open parameters — you can view and customise every setting.

EA Setup

• Platform: MetaTrader 4
• Instruments: AUDCAD, AUDNZD, NZDCAD (all from one chart)
• Timeframe: M15
• Chart Required: One AUDCAD M15 chart (trades all three pairs automatically)
• Stop Loss: Fixed on every trade
• News Filter: Built-in FOMC/NonFarm filter (SNF)
• Grid / Martingale: None
• Parameters: Fully open and customisable
• Supports 1OHLC Mode: For weaker PCs — less accurate but faster processing
• Broker: RAW/Pro/ECN account recommended — EA is sensitive to spread and slippage
• VPS: Recommended — the system continuously reads broker conditions
• Leverage: 1:70 minimum recommended — lower leverage may cause margin issues on smaller accounts

Who Is Razor MT4 For?

Ideal for traders who:

• Want long-term consistency — 8 years profitable, 0.98 LR correlation, 34-day max stagnation
• Trade commodity currencies — AUDCAD, AUDNZD, NZDCAD from one chart
• Value transparency — every parameter is open and customisable
• Appreciate active development — version 8.55 with ongoing updates and blog support
• Want a developer they can talk to — reviewer confirms Anton is responsive and implements suggestions

Consider alternatives if you:

• Want Gold or major forex pair trading — Razor focuses on AUD/NZD/CAD crosses
• Have a standard account with wide spreads — ECN/RAW required
• Have low leverage (below 1:70) — may cause margin issues on smaller accounts
• Are uncomfortable with 22% drawdown — the live signal’s peak drawdown is higher than the backtest suggests

Risk Disclaimer

Past performance does not guarantee future results. The backtest covers 2014–2022 and does not include 2023–2026 market conditions. The live signal shows 22.1% maximum drawdown — higher than the backtest’s 5.84% — reflecting real-world execution conditions. Razor EA is sensitive to broker execution quality — spread and slippage directly impact performance. RAW/ECN accounts are recommended. Leverage below 1:70 may cause margin issues. The system uses adaptive lot sizing with compounding. Always test on a demo account first. Do not trade with funds you cannot afford to lose.

What Do You Receive?

– Razor EA for MT4 – Latest Version
– Free lifetime updates (when we receive them)
– Presets and setup guide, if the developer has published any