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  1. Home
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  4. /Onix EA Version 1.0 MT4
forexMT4V1.0

Onix EA Version 1.0 MT4

JUN 24, 2025•5 MIN READ
4.5(93 reviews)
Onix EA Version 1.0 MT4
4,867 downloads

PROS

  • Low drawdown design
  • Prop firm compatible
  • Easy to configure
  • Regular updates

CONS

  • Requires VPS for best results
  • Needs low spread broker
  • Not for beginners

In the fast-paced world of forex, you need an edge that’s both reliable and easy to use… that’s exactly what Onix EA Version 1.0 for MetaTrader 4 delivers. Built around a robust trend-following strategy, Onix EA dynamically adapts to market momentum, giving you precise entry signals and automated risk controls. Whether you’re a beginner looking for a hands-off approach or a seasoned trader wanting to diversify your portfolio, Onix EA has you covered.

What Is Onix EA v1.0 MT4?

Onix EA is an Expert Advisor coded in MQL4 for the MT4 platform. Its core purpose is to capture medium- to long-term trends by combining multiple technical indicators—moving averages, the Average Directional Index (ADX), and a custom volatility filter. Unlike grid or martingale bots, Onix EA uses a disciplined trend-following engine that only enters trades when its filters align, then manages those trades with adaptive stops and dynamic lot sizing.

Core Strategy & Mechanics

  1. Trend Detection

    • Uses a dual-moving-average crossover (Fast MA & Slow MA) to spot emerging trends.

    • Validates trend strength via ADX (default threshold: 25).

  2. Volatility Filter

    • Employs ATR readings to avoid low-volatility chop; only trades when ATR > user-defined minimum.

  3. Precision Entries

    • Waits for pullbacks to the Fast MA for lower-risk entry points.

  4. Dynamic Risk Management

    • RiskPercentPerTrade controls lot size based on account balance.

    • MaxDrawdownLimit halts new trades if drawdown exceeds the set threshold.

  5. Adaptive Trailing Stop

    • Once in profit, Onix EA shifts stop-loss to breakeven, then trails based on a multiple of ATR.

This approach keeps you in the market during strong trends, while automatically locking in profits and capping losses when conditions reverse.

 

Key Features

  • Automated Trend-Following – Dual MA + ADX logic for high-probability setups.

  • Volatility-Based Filtering – ATR filter reduces whipsaw trades.

  • Smart Lot Sizing – Risk management based on account equity.

  • Adaptive Trailing & Breakeven – Protects profits without manual intervention.

  • Multi-Symbol & Timeframe – Run Onix EA on EURUSD H1, GBPUSD H4, USDJPY M30, etc.

  • No Grid or Martingale – Pure trend strategy, avoids exponential lot increases.

  • Custom Alerts & Logging – Get notifications on every trade entry, exit, and breakeven shift.

  • Lightweight MQL4 Code – Minimal CPU load, stable on both live and demo accounts.

Performance & Backtest Summary

A 10-year backtest on EURUSD H1 (2012–2022) shows:

  • Annualized Return: 16.8%

  • Max Drawdown: 9.2%

  • Profit Factor: 1.78

In live-demo trials, Onix EA achieved an average monthly gain of 1.2% with drawdowns consistently under 10%. Equity curves remained smooth, reflecting the EA’s disciplined entry and exit logic.

 

How to Install & Configure

  1. Download OnixEA_v1.0.ex4 from your member area on yoforexea.com.

  2. Copy the file into the MT4 Experts folder (…\MQL4\Experts\).

  3. Restart MetaTrader 4; find “Onix EA Version 1.0” under the Navigator panel.

  4. Attach it to your chosen chart (e.g., EURUSD H1).

  5. Configure Inputs:

    • RiskPercentPerTrade (default 2%)

    • ATRPeriod & ATRMultiplier for volatility filter

    • SlowMAPeriod & FastMAPeriod for trend detection

    • MaxDrawdownLimit to enforce safety stops

  6. Enable Algo Trading and click OK—Onix EA will start scanning and trading automatically.

Why Choose Onix EA?

Onix EA Version 1.0 MT4 stands out because it’s built on a transparent, rule-based trend strategy—no hidden martingale or grid tricks. You get full control over risk settings, clear trade reports, and the peace of mind that comes from years of backtesting and live-demo proof. Plus, it’s continuously updated by the YoForex team, so you’ll always have the latest improvements.

Support & Disclaimer

If you need help setting up Onix EA or run into any issues, our support team is just a message away via WhatsApp or Telegram. Remember, past performance doesn’t guarantee future results—always test Onix EA on a demo account before going live, and trade responsibly.

 

 

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Related Tags

#forex#MT4#Forex Robot#Automated Trading

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