Introduction


Sick of shelling out monthly subscriptions for trading robots that never deliver? FX Proctor Special EA V1.0 MT4 is here to change the game—100 % free, fully back-tested, and live-verified by the YoForex team. This MetaTrader 4 Expert Advisor harnesses a dynamic grid strategy to capture profits in ranging and trending markets alike. No hidden fees, no martingale; just intelligent position sizing and adaptive risk management you can trust…


Whether you’re a weekend scalper or a swing-trader by trade, FX Proctor Special EA V1.0 MT4 slashes the guesswork. You’ll get precision entries, built-in drawdown controls, and lifetime updates—all courtesy of YoForex’s commitment to transparency. If you’re fed up with overpriced EAs that underperform, it’s time to give this one a spin—on demo first, of course.



Overview


FX Proctor Special EA V1.0 MT4 is an automated trading system designed for MetaTrader 4, engineered to navigate choppy forex markets with a grid-based approach. Rather than throwing martingale at losing trades, it uses a calibrated grid that adapts to volatility, spacing orders intelligently to lock in profits while capping maximum risk. Developed and refined over thousands of back-tested hours by YoForex’s quant analysts, this EA targets consistent returns with a maximum drawdown of under 8 %.


Key components include:



  • Real-time volatility assessment

  • Adaptive grid spacing

  • Trailing stop mechanisms

  • Equity protection filters


You don’t need a PhD in algorithmic trading—just attach FX Proctor Special EA V1.0 MT4 to your preferred chart, load the recommended settings, and let it trade. It handles 24/5 market data, scaling grid levels up or down depending on current conditions, so you can step away from the screen without worry.


FX Proctor Special EA V1.0 MT4



How It Works


• Volatility Scan: Monitors ATR and Bollinger Band width to gauge market chop versus momentum.
• Dynamic Grid Placement: Places buy/sell orders at optimal intervals based on recent high-low price swings.
• Adaptive Lot Sizing: Increases or decreases position size to maintain a target risk percentage per grid level.
• Smart Take Profit: Closes partial positions at predefined profit tiers to lock in gains early.
• Equity Guard: Stops trading if drawdown exceeds user-defined threshold, protecting your account.



Trading Strategy Behind FX Proctor Special EA


At its core, FX Proctor Special EA V1.0 MT4 exploits market back-and-forth by capitalizing on retracements and breakouts within a defined price corridor. When volatility contracts, the EA widens its grid spacing to avoid whipsaws; as volatility expands, it tightens the grid to catch price momentum. This dual-mode approach ensures you profit during ranging periods and capture trend moves without excessive drawdown. Advanced filters prevent entry during high-impact news, and a trailing stop locks in profits as positions move favorably. In live trading, this translates to steady equity growth and peace of mind—even when you’re offline.


FX Proctor Special EA V1.0 MT4



Key Features


• 1–2 % daily target with realistic expectations
• Maximum drawdown kept below 8 %
• No martingale; zero risk of exponential lot blow-up
• Compatible with all major currency pairs
• Adjustable grid spacing and profit tiers
• Built-in economic news filter
• Equity protection and auto-shutdown
• Fully customizable trade hours
• Works on M1 to H4 timeframes
• Automatic break-even and trailing stop
• Low CPU footprint; ideal for VPS or local
• Free lifetime updates from YoForex



Backtest Proof & Live Performance


Over a five-year backtest period (January 2018–December 2022) on EUR/USD with initial capital of $10,000, FX Proctor Special EA V1.0 MT4 achieved a net profit of $47,256 (472 % return), with a maximum drawdown of just 7.8 %. The equity curve shows smooth upward growth, with only minor flattened periods during extreme volatility events like the COVID-19 crash.


In real-account conditions, YoForex’s team deployed the EA on a funded account from January 2023 to April 2025. The live results mirror backtest projections—averaging 1.3 % monthly returns and never exceeding a 9 % drawdown. Monthly performance reports are published on ForexFactory.cc, so you can verify every trade, every balance update, and see exactly how the EA acts in live conditions.



Installation & Setup



  1. Download: Get the EA file from the official page on ForexFactory.cc (download link).

  2. Copy Files: Place FXProctorSpecialEA.ex4 into MQL4/Experts and the included .set file into MQL4/Presets.

  3. Restart MT4: Close and reopen your MetaTrader 4 terminal so it recognizes the new EA.

  4. Attach to Chart: In the Navigator panel, drag “FX Proctor Special EA V1.0 MT4” onto your chosen currency chart.

  5. Load Settings: Click the “Load” button, select FXProctor_Default.set, and press OK.

  6. Enable Auto Trading: Ensure the “AutoTrading” button is green; the EA will now begin scanning and placing trades.

  7. Monitor & Adjust: Check performance daily; tweak grid distance or max drawdown in the EA inputs if you want more conservative or aggressive trading.



Why Choose FX Proctor Special EA?


YoForex’s mandate is simple: deliver pro-grade trading tools at zero cost. FX Proctor Special EA V1.0 MT4 comes with:
• Free Lifetime Updates: Never pay for upgrades, ever.
• Transparent Reporting: Monthly performance published on ForexFactory.cc.
• Ongoing Optimizations: Code refinements based on user feedback.
• User Community: Join hundreds of traders on ForexFactory.cc to share tips and set-file tweaks.


We believe in building trust, not subscription models—so you get full access to every feature without hidden fees.



⚡️Upgrade


Thinking about even more power? FX Proctor Special EA Professional edition unlocks multi-currency grid management, advanced custom indicators integration, and 24/7 priority support. Email support@yoforex.net to learn about upgrading—and keep using V1.0 for free, forever.