Money Box Robot V1.0 MT4

Markets move in bursts. Liquidity concentrates around certain sessions (London open, London–NY overlap), ranges form, and then—boom—price escapes the range and runs. Money Box Robot V1.0 for MT4 is designed to capture exactly that: it draws a time-bound price box, waits for a validated breakout, and executes with tight risk controls so you’re not guessing or overtrading the quiet hours.

If you’re tired of discretionary FOMO entries or bots that fire randomly at 2 a.m., this EA keeps things simple: define the window, wait for the break, filter the quality, then manage risk like a pro. No martingale required; equity protection and daily drawdown guards come built-in. Clean, calm, rule-driven.

What Is Money Box Robot V1.0?

Money Box Robot is a rules-based MT4 Expert Advisor that boxes a pre-defined session (e.g., the 60–90 minutes before London open), records the high/low of that window, and then trades breakouts beyond the box with filters for spread, slippage, ATR expansion, and fakeout protections (like buffer offsets and retest logic). You choose the session, pairs, and risk parameters; the EA takes care of execution.

1. Platform: MetaTrader 4 (MT4)
2. Symbols: Major FX pairs (EURUSD, GBPUSD, USDJPY), XAUUSD (Gold); others after testing
3. Timeframes: M1–M15 (M5/M15 recommended)
4. Sessions: London open focus by default; optional London–NY overlap
5. Account Types: Standard/ECN; hedging not required
6. Skill Level: Beginner-friendly presets; advanced tuning available

Key Features (Why Traders Like It)

1. Session Box Logic: Define a time window; the EA draws the range box and waits for breakouts.
2. Breakout Buffers: Require price to exceed the box high/low by a buffer (e.g., 3–10 pips) to reduce shallow fakeouts.
3. ATR Confirmation: Optional ATR expansion filter—only trade when volatility is truly kicking.
4. Retest/Continuation Mode: Choose immediate break or break-and-retest entries for extra confirmation.
5. Risk First: Fixed or ATR-based SL, R-multiple TPs, breakeven after 1R, and partial take-profit options.
6. Equity Protection: Daily drawdown halt, overall equity SL/TP, and cool-down after loss.
7. Execution Guards: Spread/slippage caps and a news-pause toggle to avoid bad fills.
8. Prop-Friendly Controls: Max trades per day, per session; limit concurrent positions.
9. Lightweight Dashboard: On-chart stats (box size, allowed direction, open risk, daily P/L).
10. No Forced Martingale: One trade per signal by default; no grid escalation.

How the Strategy Works (Plain English)

1. Build the Box: During your chosen pre-session window, the EA records highest high / lowest low and draws a box.
2. Wait for the Break: After the window ends, the EA looks for a breakout beyond the box plus a buffer.
3. Quality Check: If enabled, ATR must be rising, spread under your limit, and (optionally) a micro retest confirms the break holds.
4. Enter & Protect: Place order with SL outside the opposite side of the box or by ATR multiple.
5. Manage & Exit: Partial TP at 1R (optional), move to breakeven, and target 1.5–2.5R depending on preset.
6. Stop for the Day: If daily drawdown hits your cap or you’ve reached your MaxTradesPerDay, the EA stands down.

Installation (MT4)

1. Download MoneyBoxRobot_V1.0.ex4 (or .mq4).
2. In MT4, go File → Open Data Folder → MQL4 → Experts and paste the file.
3. Restart MT4 (or right-click Experts → Refresh).
4. Attach to your chart (start with EURUSD M5).
5. In Inputs, set:

• BoxStart / BoxEnd (broker server time)
• BoxBufferPips (e.g., 5)
• ATR_Period / ATR_Min (if you want volatility confirmation)
• SL_Mode (fixed or ATR×multiplier) and TP_R_Multiple
• MaxTradesPerDay / DailyDD_Stop% / EquitySL
• SpreadMax / SlippageMax / NewsPause

Ensure AutoTrading is ON (smiley face on chart).

Recommended Presets (Start Here)

1) Conservative London Breakout (EURUSD/GBPUSD, M5)

1. Box: 60–90 mins before London open
2. Buffer: 6–8 pips
3. ATR Confirm: ON (ATR rising vs prior window)
4. SL: Opposite side of box + buffer (or ATR×1.2)
5. TP: 1.5–2.0R; BE at 1R, optional 50% partial at 1R
6. MaxTradesPerDay: 1
7. Risk/Trade: 0.3–0.5%
8. DailyDD_Stop%: 2%

2) Balanced Break + Retest (EURUSD/Gold, M5/M15)

1. Box: 60 mins pre-London
2. Entry: Break-and-retest only (more selective)
3. Buffer: 5 pips majors / 50–100 points gold
4. SL: ATR×1.3 beyond retest low/high
5. TP: 1.8–2.5R; trail behind minor structure after 1R
6. MaxTradesPerDay: 1–2
7. Risk/Trade: 0.5–0.75%
8. DailyDD_Stop%: 3%

3) Momentum Continuation (NY Overlap, M15)

1. Box: First 45 mins of London–NY overlap
2. Entry: Immediate break (ATR confirm), no retest
3. SL: ATR×1.5
4. TP: 2–3R (partial at 1R)
5. MaxTradesPerDay: 1
6. Risk/Trade: ≤1%
7. NewsPause: Enabled for high-impact releases

Gold (XAUUSD) Tips: Increase the buffer and SL ATR multiple slightly; spreads and spikes can be wider. Stick to London/NY overlap.

Pair & Timeframe Suggestions

1. EURUSD / GBPUSD: Clean behavior during London open; great for M5 breakouts.
2. USDJPY: Can move sharply—keep SpreadMax tight; consider M5/M15.
3. XAUUSD (Gold): Very active but spiky—use wider buffers and ATR stops; M5/M15 only during liquid windows.
4. Avoid illiquid times (late Asia, Friday close) unless you know your broker’s behavior.

Backtesting & Forward Testing

1. Backtest Windows: Use realistic variable spreads and include slippage in modeling.
2. Align Times: Match BoxStart/BoxEnd to broker server time (cross-check with London clock).
3. Walk-Forward: Run 2–4 weeks on demo; log box size, ATR at entry, spread at fill, R multiple, and time-in-trade.
4. Tune One Thing: Adjust buffer or ATR_Min first before touching SL/TP logic.

Risk, Prop-Firm, and Practical Notes

1. Daily DD First: Set DailyDD_Stop% below your prop rule (e.g., 4% rule → cap at 3%).
2. MaxTradesPerDay: One high-quality breakout beats three mediocre ones.
3. No Chase Rule: If the candle closes far beyond the buffer (over-extended), let it go—next!
4. Journal: Box height vs. ATR, direction, session day (Tue–Thu often cleaner), and outcome. Patterns emerge fast.

Pros & Cons

Pros

1. Focuses on when markets truly move (session logic)
2. Breakout + optional retest keeps entries clean
3. Strong risk layer: ATR stops, BE, partials, equity/daily DD guards
4. Prop-friendly with trade/day and drawdown limits
5. Lightweight, fast setup with sensible defaults

Cons

1. Fewer trades outside session windows
2. Choppy, low-volatility days can produce fakeouts (buffers/ATR help)
3. Requires broker with stable spreads/slippage around the open

FAQs

Does Money Box Robot use martingale or grid?
No. It’s one trade per valid signal by default; no forced lot escalation.

Minimum deposit to start?
For majors with conservative risk, $300–$500 is workable. For gold, consider $1,000+ and tighter controls.

Best timeframe?
Start on M5 for majors. Move to M15 when you want fewer, cleaner signals.

Is a VPS necessary?
Highly recommended. Session opens are sensitive; stable, low-latency execution helps a lot.

Prop-firm friendly?
Yes—if you set DailyDD_Stop% and MaxTradesPerDay to comply with your rules.

Final Thoughts & Call to Action

If your edge lives in session energy and you want a calmer way to capture it, Money Box Robot V1.0 MT4 is a tidy solution. Define your box, enforce quality filters, and let the EA execute the plan—no guesswork, no midnight noise. Start with the Conservative London Breakout preset on demo, collect 30–50 trades, and tweak one variable at a time. When your stats look solid, scale patiently… coz longevity beats luck.

Risk Disclaimer: Trading CFDs/FX involves significant risk. Past performance does not guarantee future results. Test thoroughly on demo and never risk capital you can’t afford to lose.

Happy Trading