Rapih Pro EA V2.0 MT4

Introduction

Rapih Pro EA V2.0 MT4 is an automated trading robot built for the MetaTrader 4 platform. It is designed to scan the market, detect trade opportunities based on its internal rule-set, and execute trades automatically with risk controls. This EA is suitable for traders who want a hands-free system but still prefer adjustable settings for risk, lot sizing, and trade behavior.

Key Features

• Fully automated trade execution on MetaTrader 4
• Rule-based entry and exit logic to reduce emotional trading
• Adjustable lot sizing and risk parameters
• Predefined Stop Loss and Take Profit support (as per inputs)
• Works continuously when MT4 is running (VPS recommended)
• Compatible with most MT4 brokers (execution quality matters)

Recommended Settings

1. Use on the timeframe recommended by the developer (commonly M15 to H1 depending on symbol).
2. Start with conservative risk per trade, especially for small accounts.
3. Use fixed lot sizing for control, or auto lot only if you understand the risk model.
4. Keep Stop Loss and Take Profit enabled as configured in the EA inputs.
5. Avoid running multiple EAs on the same account until you’ve tested stability.
6. Use a low-spread broker and stable connection for better execution.
7. Run on a VPS for uninterrupted 24/5 operation.

Backtest Result

1. Backtests generally show performance depends heavily on symbol, timeframe, spread, and data quality.
2. Results tend to be more stable when conservative risk settings are used.
3. Trade frequency varies based on market conditions and configured filters.
4. Drawdown behavior changes significantly with lot sizing and risk parameters.
5. Backtest results are indicative only and do not guarantee live performance.

Advantages

1. Automates execution to reduce emotional decision-making and manual errors.
2. Saves time by monitoring the market continuously without manual chart watching.
3. Offers customizable risk and lot settings to fit different account sizes.
4. Provides consistent rule-based trading behavior across sessions.
5. Can be integrated into a broader trading plan as an automation tool.

Disadvantages

1. Requires correct configuration; aggressive settings can increase drawdown quickly.
2. Performance is sensitive to broker conditions such as spread widening and slippage.
3. Not ideal during extreme volatility if the EA does not include news filters.
4. Needs stable runtime (PC/VPS); disconnections can affect trade management.
5. Like all EAs, may experience periods of underperformance in changing market regimes.

Installation & Setup Guide

1. Download the EA file (.ex4 or .mq4).
2. Open MetaTrader 4 and go to File, then Open Data Folder.
3. Open MQL4, then open the Experts folder.
4. Paste the EA file into the Experts folder.
5. Restart MetaTrader 4 to load the EA.
6. Open the chart and timeframe you plan to trade.
7. Drag the EA from Navigator into the chart.
8. In Tools → Options → Expert Advisors, enable automated trading and DLL imports if required.
9. Enable AutoTrading from the MT4 toolbar.
10. Configure inputs (risk, lot size, SL/TP) and test on a demo account before going live.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer: 

Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.