MEF AlgosoftEA is an MT4 Bot FREE to Download. MEF Algosoftbot is a soft MT4 single-order expert advisor designed for an efficient and profitable trading experience. In this article, we will explore the features of the MEF Algosoftbot and discuss why it could be an ideal choice for both beginner and experienced forex traders.

There is little information about it, but MQL5 Signal monitoring of this EA exists. This MQL5 monitoring shows stable results on a real broker account for many months.

Features of this MT4 Bot

Single Order Expert Advisors

MEF Algosoftbot is a single-order EA, which operates on the MetaTrader 4 platform and focuses on executing only one order at a time. This ensures a focused and disciplined trading strategy, reducing the risk of impulsive trading decisions leading to significant losses.

Don’t use dangerous trading methods

The Algosoftbot does not rely on high-risk strategies like grid hedging, averaging, martingale, or switching. This ensures a safer trading approach, which can lead to more consistent results over time.

Hidden Virtual Take Profit, Stop Loss, and Trailing Features

The EA employs hidden virtual take profit and stop loss features, ensuring that your trading strategy remains discreet and less susceptible to being targeted by brokers. Additionally, the Algosoftbot includes a hidden trailing feature to set a virtual lock profit, allowing for dynamic management of profitable positions.

Controlled Trading Frequency

MEF Algosoftbot does not trade excessively, with approximately 8 to 11 trades per week, and only one at a time. It can also sometimes go a few days without trading, ensuring a measured approach and reducing the risk of overtrading.

Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how the MT4 Robot works, then only use it in a real account.

Recommendations for Profitable MEF Algosoft

• Minimum account balance of 100$.
• Work Best on XAUUSD, US30, US100, and EURUSD pairs. (Work on any pair)
• Work Best on M5 and H4 TimeFrames. (Work on any TimeFrame)
• This MEF Algosoft EA should work on VPS without any interruption to reach stable results. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
• Low Spread account is Recommended (Find the Perfect Broker For You Here)

	Low Spreads Leverage up to 1:500* No Commission	Free TradingView Premium* Register label FREE VPS for Traders*
	Min Deposit of 50$ Allow USA Traders Levergae up to 1:2000	Register label

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Input Parameters

• Opsi_Lot – choose Autolot or Fixed lot
• Fixed_Lot – input your manual Lot
• Pembagi_Balance – Pembagi balance work for Autolot
  Default 20000, for example, with 50000, then MEF order size is 2.5 Lot
• Hidden_TP – feature to set Virtual Take Profit
• Hidden_SL – feature to set Virtual Stop Loss
• Used_Trailing – true/false feature to set Virtual Lock Profit
• Hidden_Trailing – for locking profit Virtual

• Read More Forex Vermillion Trading System – 3 in 1 COMPLETE SOLUTION

Conclusion

The MEF Algosoft Robot is an innovative MT4 expert advisor aiming to provide forex traders with a safe, efficient, and profitable experience. Its unique features, such as single order execution, compatibility with all currency pairs, and controlled trading frequency, make it suitable for traders of all experience levels. With a minimum deposit requirement of only $100, this MT4 Bot offers an accessible and risk-managed trading solution for those looking to venture into the world of forex trading.