MOHO TURBO EA
Automated MT4 EA that runs a basket of EUR and GBP crosses on M5. Uses price action with CCI and PPO and a news filter. Built to hold multiple positions at once.
MOHO TURBO EA is a MetaTrader 4 expert advisor that trades a basket of EUR and GBP cross pairs on the M5 timeframe. It mixes price action and trend checks with oscillators such as CCI and PPO and opens several positions that are managed together.
AutoFXRebate offers the free MT4 copy, an installation guide and Telegram support, so you can test the EA on demo before using live capital.
This is a basket or grid approach that can hold losing trades until the group can be closed for a profit. Test it on demo for an extended period and size positions conservatively, because a sustained move against the basket can cause large drawdowns.
Specifications
- Tool type
- Fully automated Expert Advisor trading a basket of pairs
- Platform
- MetaTrader 4 only
- Strategy
- Price action and trend with CCI and PPO oscillators; basket/grid-style recovery
- Recommended pairs
- EURUSD, EURAUD, GBPAUD, GBPNZD, GBPUSD
- Timeframe
- M5
- Minimum capital
- $1,000 ($500 possible with higher drawdown)
- Risk behaviour
- Opens multiple positions and closes baskets for net profit; can hold drawdown for days
- At AutoFXRebate
- Free MT4 download, installation guide and Telegram setup support
How the EA trades
The EA scans M5 charts and trades a group of correlated EUR and GBP crosses rather than a single pair. Entries come from price action, trend checks and oscillator readings from CCI and PPO.
MOHO TURBO opens multiple positions and manages them as a group, closing the basket once the net result turns favourable.
Money management and the news filter
The recommended size is roughly 0.01 lot per $1,000 of balance, which fits running several simultaneous orders. The EA includes a news filter indicator that pauses trading around high-impact releases. The filter does not run during backtests.
Because positions can be held through drawdown to allow recovery, expect large equity swings and plan capital and leverage accordingly.
Who this suits
Traders who understand basket or grid recovery mechanics and can tolerate drawdowns may run this as one automated piece of their trading.
If you prefer single-entry strategies with fixed per-trade stops, or cannot accept multi-week drawdowns, pick a different EA from the AutoFXRebate library and run MOHO TURBO on demo first.
Features
- Automated EA that trades a basket of EUR and GBP cross pairs
- Combines price action and trend with CCI and PPO oscillators
- Opens and manages multiple positions as a group (basket/grid behaviour)
- News filter indicator pauses trading around releases
- Lot sizing guidance: 0.01 lot per $1,000 balance
- Installation guide included
Performance
Run a demo forward test for several weeks, record the largest drawdown and the number of concurrent trades, and use those figures to size positions before going live.
Pros
- Runs automatically on MT4 and manages baskets without manual intervention
- Combines multiple signal types instead of relying on one indicator
- Includes a news filter and an installation guide
- Free MT4 copy from AutoFXRebate with Telegram support for installation
Cons
- Basket/grid-style money management can produce large drawdowns if a strong trend develops
- MT4 only, no MT5 build provided
- Requires conservative sizing and a VPS for continuous operation
Setup
- Open MetaTrader 4's data folder (File > Open Data Folder) and find the MQL4 folder
- Place the EA file in MQL4/Experts and the news filter indicator in MQL4/Indicators
- Restart MetaTrader 4 so the EA and indicator appear in the Navigator
- Open M5 charts for EURUSD, EURAUD, GBPAUD, GBPNZD and GBPUSD, attach the EA and enable AutoTrading
- Follow the included installation guide for exact file paths and common MT4 settings
- Run the EA on a demo account for several weeks, log peak drawdown and number of open trades, and only consider live deployment when the demo drawdown matches your risk tolerance
- If you go live, consider an ECN low-spread account and a reliable VPS, and open the account through AutoFXRebate to receive backcom on every lot
Verdict
MOHO TURBO EA is for traders who accept basket or grid-style recovery and can fund an account to withstand multi-week drawdowns. The EA automates entry and basket management on MT4 and includes a news filter and an installation guide.
Install using the guide, run the EA on demo with conservative sizing and martingale off if present, and move to live only when the demo drawdown fits your risk plan. Download the free MT4 copy from AutoFXRebate and message the Telegram group for installation or testing 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.
Get MOHO TURBO EA free
The file lives in our Telegram channel, together with the setup guide. Nothing to fill in.
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