Steady Profit EA
A multi-currency EA for MT4. You attach it to one EURUSD M1 chart and it trades the majors and crosses listed in its inputs. Some positions stay open for days or weeks.
Steady Profit EA is a fully automated MT4 robot that runs a whole basket of currency pairs from a single chart. You place it on EURUSD M1. It reads the symbol list in its inputs and trades the majors and crosses on that list, up to all 28. Eight indicators and filters have to agree before it enters, so a week or more can pass without a new trade.
It holds trades far longer than a scalper would. Once a position is open, the EA will keep it for several days, sometimes weeks, and it exits with a trailing stop rather than a quick fixed target. A news filter keeps it out of the market around high-impact releases, and a separate night filter covers the JPY, AUD, CAD and NZD sessions. Because trades are spread across many pairs, no single symbol carries the account. The flip side is that account equity tells you more than any one chart.
About stop losses. Both set files that come with the EA set the fixed stop loss and take profit to 0. Trades close through the trailing stop and the EA's own logic, and some stay open for weeks. Risk therefore shows up as floating drawdown on the equity line, not on the balance. On a small account, keep the risk factor modest and watch equity rather than balance. Decide in advance the account-level loss at which you will step in.
Specifications
- Tool type
- Fully automated multi-currency expert advisor
- Platform
- MetaTrader 4
- Pairs
- Up to 28 majors and crosses, set through the symbol list input
- Chart setup
- One chart only, EURUSD M1 recommended
- Trading style
- Long-term; can stay flat for a week or more and hold positions for days or weeks
- Entry logic
- Eight indicators and filters combined
- Exits
- Trailing stop in the included sets; fixed stop loss and take profit inputs set to 0
- News filter
- High-impact news, keyword list such as ECB, Fed and Nonfarm, night filter for JPY, AUD, CAD and NZD
- Position sizing
- Risk factor input (5 in both sets), maximum spread filter of 50 points
- Minimum balance
- $200; a VPS and a low-spread ECN account are recommended
- At AutoFXRebate
- Free download including two set files and an MT4 install PDF, with Telegram support
- Cost after rebate
- from $4.13 a lot on EURUSD
How the basket works
Everything runs from the one chart you attach the EA to. The symbol list input sets which pairs it watches, and prefix and suffix fields handle brokers that name symbols EURUSD.m or similar. When the eight indicators and filters line up on a pair, the EA opens a trade there and manages it in the background.
A 50-point spread cap blocks entries when a pair gets expensive. The EA also waits a set time between trades so it doesn't pile into the same move. Hedging is allowed, so you may see a buy and a sell on related pairs at the same time.
The two set files
The package includes two ready configurations. They share the same news and night filters but trade in different modes. Each has its own magic number, so you can tell their trades apart in the history.
- Night normal runs strategy mode 1 and waits 60 minutes between trades. Its trail starts at 150 points with a tight step.
- Night reverse uses strategy mode 2 with a 240-minute wait, and gives positions more room by starting the trail at 250 points.
- Fixed stop loss and take profit stay at 0 in both, with a risk factor of 5.
- Both filter high-impact news and keyword events, and both apply the night filter to JPY, AUD, CAD and NZD.
What to weigh before you run it
MT4's strategy tester handles one symbol at a time. A backtest on EURUSD shows only the EURUSD trades, not how the full basket behaves together, so demo time on a live feed is the only realistic way to see it.
Spread costs add up fast with up to 28 pairs open. A disconnection leaves many positions unattended. Treat a low-spread ECN account and a VPS that keeps MT4 running around the clock as required parts of the setup.
Features
- Trades up to 28 majors and crosses from one EURUSD M1 chart
- Eight indicators and filters decide entries
- News filter by impact level and keyword events, plus a night session filter
- Adjustable trailing stop (start, step and minimum distance)
- Maximum spread filter and a waiting period between trades
- Two ready set files, night normal and night reverse
- Prefix and suffix inputs for brokers that rename symbols
Performance
MT4 cannot backtest the whole basket, so you learn how this EA behaves on a demo account. Run it for several weeks, longer than one quiet spell. Track the deepest floating drawdown on the equity line, and note how many pairs are open at once and how long trades last. Use those figures to choose an account size and risk factor you are comfortable with.
Pros
- One chart covers the whole basket, which keeps setup and monitoring simple
- Built-in news filter with keyword events, plus a night session filter
- Exposure is spread across many pairs instead of one symbol
- Two ready set files to start demo testing from
Cons
- No fixed stop loss in the included sets, so drawdown sits in open trades
- You can't backtest the full basket in MT4
- Needs a VPS and a low-spread account to run as designed
- Long quiet periods make demo results slow to judge
Setup
- Unzip the package and follow the MT4 install PDF: in MT4 open File, Open Data Folder, copy the EA from the Steady Profit EA folder into MQL4/Experts and put the night normal and night reverse set files in MQL4/Presets
- Restart MT4 and enable AutoTrading. Check that every pair in the symbol list shows in Market Watch
- Open a EURUSD M1 chart, attach the EA and load the night normal set. If your broker adds a prefix or suffix to symbol names, enter it in the matching input
- Start on demo with the default risk factor or lower, and watch the equity line as well as the balance
- Give the demo several weeks. Log the deepest floating drawdown, the number of open pairs and how long trades are held
- For live trading, use a low-spread ECN account on a reliable VPS. If you open that account through AutoFXRebate, you earn backcom on every lot the basket trades
What Steady Profit EA costs to run
The EA is free, but every trade it opens still pays the spread, plus commission on accounts that charge one. On EURUSD that comes to $4.13 to $11.90 a lot after the rebate, depending on the account.
| Broker · Account | EURUSD | GBPUSD | AUDUSD |
|---|---|---|---|
| Exness Raw Spread | $4.13 (lowest) | $4.88 (lowest) | $4.88 |
| Exness Zero | $4.13 (lowest) | $5.01 | $4.88 |
| Exness Pro | $4.50 | $5.25 | $4.50 (lowest) |
| Exness Standard | $4.80 | $6.00 | $5.40 |
| Exness Standard Plus | $6.60 | $8.40 | $7.80 |
| XM Ultra Low Standard | $7.85 | $9.85 | $9.50 |
| XM Standard | $11.90 | $15.00 | $15.90 |
The top figure is the cost of one lot, opened and closed, after the rebate. The struck-through figure is the cost before it. These are estimates from the typical spread of the last 12 hours plus commission.
Spread Checker · Trading calculator
Verdict
Steady Profit EA suits traders who prefer a slow, hands-off approach and don't mind positions staying open for days while the basket works across many pairs. Skip it if you want every trade capped by a fixed stop or need results within a few days.
Load the night normal set on demo and give it several weeks. Move to a live account only once the floating drawdown you recorded fits your capital and nerves. The EA is a free download from AutoFXRebate with its install PDF, and our Telegram group can help with the setup or the inputs.
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 Steady Profit EA free
The file lives in our Telegram channel, together with the setup guide. Nothing to fill in.
Open TelegramRelated tools
Dead Zone Scalper EA
MT4A short-timeframe MT4 scalper for EURUSD with fixed or auto lot sizing, hedging and optional grid/martingale; demo test first and disable recovery options on small accounts.
FREE
Fibot Fibonacci EA
MT4An MT4 expert advisor that plots Fibonacci levels and enters on a 38.2 retracement breakout. Run in single-trade mode or with optional martingale and hedging.
$30FREE
La Gold EA
MT4A MetaTrader 4 robot built for XAUUSD that uses two proprietary indicators and a grid recovery method; runs best on M1/M5 with continuous uptime.
FREE
Endurance EA
MT4A free MT4 expert advisor that trades AUDUSD on M5 and uses martingale-style averaging; demo first and treat the minimum $100 guidance cautiously.
FREE
Magic Blue EA v3
MT4An MT4 scalper built for quick in-and-out trades on low-spread accounts. The EA handles exits itself, using hidden SL/TP levels.
FREE
Best Correlation FREE Forex EA
MT4An MT4-only correlation basket EA with a dashboard, Power Factor modes and optional grid. Demo first and keep grid and remove-SL options under tight control.
FREE
Market Reversal EA
MT4An MT4 robot focused on EURUSD mean-reversion, with 16 strategy presets and an optional averaging recovery (martingale-style) routine.
FREE
Fully Automated Forex Multi Currency Robot
MT4An MT4 EA that scalp-trades a basket of pairs from a single chart using three custom indicators and detailed time filters; recommended on H1.
FREE