Elephant EURUSD EA V1.0 MT4

Elephant EURUSD EA V1.0 MT4 – Your Smart EMA-Driven Trading Companion

Tired of chasing price action manually or reacting too late to market trends? Well, the Elephant EURUSD EA V1.0 MT4 might just be the quiet, powerful ally you’ve been missing. Designed by YoForex, this bot focuses exclusively on the EUR/USD pair and uses a clean, double-EMA trend confirmation strategy to find high-probability trades.

If you’re a trader who likes a balance between safety and automation — not some random martingale gamble — this EA was literally built for you. And yeah, it’s 100% free to download from ForexFactory.cc — no hidden charges or license traps.

Overview

The Elephant EURUSD EA V1.0 MT4 is an automated system that combines trend recognition and risk-controlled execution. It runs solely on the H1 timeframe, a sweet spot where market noise is filtered but price momentum still offers plenty of opportunity.

The system relies on two exponential moving averages — EMA 10 and EMA 200 — to define market direction. When the faster EMA (10) crosses the slower one (200), it indicates the start of a strong trend. The EA then waits for confirmation through candlestick body analysis (minimum 5 pips) before executing a trade.

In short, it doesn’t just jump in after every crossover — it confirms momentum and only trades when price movement has genuine strength behind it.

It’s not one of those “fire 10 trades a minute” bots — it’s calm, calculated, and patient. Just like an elephant.

Core parameters:

Currency Pair: EUR/USD only

Timeframe: H1 (1-hour)

Minimum Deposit: $1,000 per 0.1 lot

Broker Type: ECN/STP with low spreads

Recommended Leverage: 1:200 or higher

Key Features

EMA Trend Logic: Built on the crossover of EMA 10 and EMA 200, identifying strong market direction and avoiding false signals.

Candlestick Confirmation: Analyzes body size (≥5 pips) to ensure entries only occur during active price movement.

Controlled Martingale Recovery: Optional multiplier (default 2.0) for recovering drawdowns efficiently without risking account safety.

Dynamic Order Distance: Default 30 pips between orders — customizable based on volatility.

Defined Profit Target: Targets a monetary goal (default $60), helping maintain discipline and consistent withdrawals.

Smart Trade Filters: Avoids entries in ranging markets or when volatility is too low.

Fully Automated: Once attached to the chart, it handles entry, exit, and risk management automatically.

Drawdown Management: Includes built-in logic to limit exposure, ensuring smooth equity growth.

User-Friendly Interface: Clean input parameters, suitable even for beginners.

Broker Flexibility: Works with any MT4 broker that supports EUR/USD, preferably with fast execution and tight spreads.

Backtest & Live Performance Proof

Before adding Elephant EURUSD EA to the free downloads section, YoForex ran extensive backtests and forward-tests to verify its consistency.

The backtest covered a 3-year period (2022–2025) on EUR/USD H1 using tick-by-tick data with 99.9% modeling quality. Even under volatile market conditions — think post-rate hikes, CPI releases, and dollar index spikes — the EA maintained low drawdown and steady monthly returns.

On average:

Monthly Profit: 5–8%

Max Drawdown: Below 10%

Win Rate: 72%

Average Trade Duration: 4–6 hours

The live results from YoForex’s internal test account mirrored the backtest curve — consistent, steady growth with no massive equity dips or long stagnation periods.

These graphs clearly show how the system prioritizes risk control and trend integrity over reckless overtrading.

The EA doesn’t rely on news spikes or grid traps. Instead, it enters when technical structure and candle momentum align with the EMA crossover, then closes positions once its profit target or reversal condition triggers.

Installation & Setup

Setting up the Elephant EURUSD EA on your MetaTrader 4 platform is quick and painless.

Download the EA file from ForexFactory.cc.

Copy the .ex4 file to your MT4 directory under:
File → Open Data Folder → MQL4 → Experts

Restart MT4.

Attach the EA to the EUR/USD H1 chart.

Adjust parameters as needed:

LotSize: set based on your capital (default 0.1 lot per $1,000)

OrderDistance: default 30 pips

ProfitTarget: $60

UseMartingale: true/false

Multiplier: 2.0 (if enabled)

6. Load the recommended preset provided on ForexFactory.cc.

You’ll see the Elephant icon appear in your chart’s upper-right corner — meaning it’s ready to trade automatically.

Tip: Always start on a demo account for at least one week to observe how the EA behaves under your broker’s conditions before going live.

Why Choose YoForex Tools

Unlike random sellers charging $300+ for bots that vanish after updates, YoForex offers its entire library — including Elephant EURUSD EA — for free on ForexFactory.cc.

Why? Coz the mission is simple — empower traders with verified, transparent, and backtested automation tools.

YoForex maintains an internal dev team that:

Backtests every release across multiple brokers.

Publishes honest results (no curve-fitting).

Offers free lifetime updates.

Provides real human support through Telegram and WhatsApp.

You can also check the Newest EAs section on ForexFactory.cc/newest-eas or explore our Indicator Section for more tools like RSI Filters, Supply-Demand analyzers, and ATR managers.

Support & Disclaimer

Need help installing or optimizing the Elephant EURUSD EA? The YoForex support team is literally one message away.

WhatsApp: https://wa.me/+443300272265
Telegram Group: https://t.me/yoforexrobot

Disclaimer:
Past performance doesn’t guarantee future results. Always use appropriate lot sizes and risk control. We recommend testing on a demo account before applying the EA to live funds. Market conditions change, and no system wins 100% of the time — that’s just reality.

Final Thoughts – Download Your Copy Now

If you’re hunting for a stable, logic-driven EUR/USD EA that trades cleanly without over-optimization or risky grids, the Elephant EURUSD EA V1.0 MT4 is a no-brainer.

You’ll love how it combines trend logic, risk management, and steady profit targeting — all without needing to stare at charts all day.

Download your free copy now from ForexFactory.cc.
No registration walls. No subscription fees. Just plug it in, follow the setup, and let it trade intelligently.

YoForex — empowering traders worldwide, one free tool at a time.