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MQL Random EA

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The MQL Random EA places a single market order at a time in a random direction (buy or sell) and uses a simple TP & SL for closing. A lot multiplier is also optional. Once a trade hits either the TP or SL, it will place another trade in a random direction. And so on. Since it only ever has 1 trade open at a time, it can be used with any broker, even with US brokers using the FIFO rule. Inputs are simple, few, and everything is based in Points too which makes it easier to understand and consistent. You will be amazed how well a simple EA based on randomness will perform. Download and test it.

This EA will work on any MT4 platform without any restrictions. DLL imports must be enabled for this EA to work.

Note: Since the order direction is random, back tests will always be different. This is not a problem, but it is how it is supposed to be.

Here is complete information about the MQL Random EA.


Feel free to post your comments, questions, concerns, and bug reports in this forum section.


Linkback: https://www.forex.zone/mt4-mt5-eas/7/mql-random-ea/12/
#1 - May 20, 2018, 09:32:50 PM
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« Last Edit: December 24, 2022, 07:55:47 PM by Admin »
MQL Random EA in MT4 / MT5 EAs_FEN-Indicator-728x90

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Thanks for this EA. Are modifications allowed to be requested?
#2 - May 23, 2018, 04:56:19 PM

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Thanks for this EA. Are modifications allowed to be requested?

Yes, but the modifications may or may not be implemented depending on the feasibility of the requested modifications and the demand for the mods. If many people want the same thing, it will be done faster than if only one person wants it done.
#3 - May 23, 2018, 06:01:05 PM

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Version 1.10 of the MQL Random EA has been released and can be downloaded from the 1st post above.
#4 - March 22, 2021, 11:12:42 AM

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