A single-order MT4 EA that manages one position at a time with hidden virtual stop and take profit; recommended on XAUUSD, indices and EURUSD, M5 or H4.

MEF Algosoftbot is an MT4 expert advisor that keeps one trade open at a time and manages it with hidden virtual take profit and stop loss. It offers an optional virtual trailing lock. The design avoids grid, hedging, averaging, martingale and switching. Lot sizing can be automatic via a balance divider or set as a fixed lot.

Run the EA on XAUUSD, US30, US100 and EURUSD and on M5 or H4 timeframes. Test on demo first, use a low-spread ECN account, and run the bot on a reliable VPS so it can manage its single position without interruption. AutoFXRebate provides a free MT4 download, PDF install guides and Telegram support.

Run on demo first. Test for at least one week to confirm trade frequency, stop placement and how the hidden TP/SL behaves with your broker and account type.

Specifications

Tool type: Fully automated Expert Advisor, single order
Platform: MetaTrader 4 (MT4 build included)
Core behaviour: One position at a time with hidden virtual TP and SL and optional virtual trailing lock
Risk approach: No grid, hedging, averaging, martingale or switching
Recommended symbols: XAUUSD, US30, US100, EURUSD (can run on other symbols)
Recommended timeframes: M5 and H4 (works on other timeframes)
Lot sizing: Auto lot via balance divider (Pembagi_Balance) or Fixed_Lot
Minimum capital: $100 per pair; larger balance advised for indices and gold
Original list price: $355
At AutoFXRebate: Free MT4 download, PDF install guides for MT4/MT5 and Telegram support

How the bot manages trades

The EA opens and manages a single position, so it does not stack multiple concurrent trades. Exit levels use hidden virtual take profit and stop loss stored on the terminal rather than sent to the broker. An optional virtual trailing lock can secure profit as the trade moves in your favour.

Keeping one trade lowers the risk of aggressive stacking, but a single position can still hit its stop and incur the full loss. Position sizing and stop placement remain important.

Inputs you will see

The parameter set is compact and uses Indonesian labels. Key inputs let you switch between auto lot and fixed lot, set the balance divider for auto lot sizing, and configure Hidden_TP, Hidden_SL and the trailing lock.

Start with a fixed lot or a conservative balance divider while you learn how often the EA trades and how wide stops need to be with your broker and symbol.

What to weigh before running live

The EA trades modestly, around a few trades per week, and can stay idle for days. Record trade cadence on demo so your position sizing matches observed activity.

Use a low-spread ECN account and a stable VPS so the EA's single position and virtual exit logic are managed reliably. Make your demo conditions resemble your planned live setup.

Features

Single-order design: one managed trade at a time
Hidden virtual take profit and stop loss stored on the terminal
Optional virtual trailing lock to protect open profit
Auto lot via balance divider or manual fixed lot
Conservative risk shape with no grid, hedging, averaging, martingale or switching
PDF install guides included and Telegram support from AutoFXRebate

Performance

Results are not independently verified; test on a demo account first. Run the EA on demo for several weeks, record trade frequency, average stop-to-target distance and the deepest drawdown, and use those figures to choose lot sizing and whether to use auto lot.

Pros

Single-order approach keeps position count simple
Hidden TP/SL reduces visible exit levels on the broker book
Flexible sizing: balance divider or fixed lot
Free MT4 download at AutoFXRebate with install PDFs and Telegram help

Cons

A single trade can still lose its full stop; risk is not eliminated
No built-in high-risk recovery modes, so fewer options after a run of losses
Dependence on virtual exits makes behaviour sensitive to broker execution and slippage

Setup

Download and unzip the MEF Algosoftbot package and copy the EA into MQL4/Experts
Restart MetaTrader 4 so the EA appears in the Navigator
Open your chosen chart (XAUUSD or EURUSD recommended) on M5 or H4 and attach the EA
Start on a demo account for at least one week; log number of trades, stops hit and drawdown
Use a low-spread ECN or raw account and run the EA on a reliable VPS to keep it connected
Begin with fixed lot or a conservative Pembagi_Balance before trying aggressive auto lot settings
If you go live, consider opening the account through AutoFXRebate to receive backcom on every lot and message our Telegram group for installation help

Verdict

MEF Algosoftbot fits traders who want a simple, single-order EA that avoids grid and martingale styles and who will manage risk through position sizing and cautious inputs. Its hidden virtual TP/SL and trailing lock provide a discreet exit method but require testing on your broker.

Run the MT4 build on demo with fixed lot and a conservative balance divider, follow the setup steps, and move to live only when demo drawdown and trade cadence match your plan. Download it free with the install PDFs from AutoFXRebate and contact the Telegram group for help.

Risk disclaimer

Forex and CFD trading involves significant risk and may not be suitable for all investors. Indicators, EAs and trading tools do not guarantee profits. Always apply proper risk management. AutoFXRebate did not build these tools and does not endorse any result they claim; test on demo before risking money.

MEF Algosoft MT4 Bot

Specifications

How the bot manages trades

Inputs you will see

What to weigh before running live

Features

Performance

Pros

Cons

Setup

Verdict

Risk disclaimer

Get MEF Algosoft MT4 Bot free

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