An Expert Advisor (EA) is a program that automates trading on the MetaTrader platform. It executes a predefined strategy—monitoring markets, opening/closing trades, and managing risk—without the trader having to watch charts constantly. EAs are written in MQL4 for MetaTrader 4 (and MQL5 for MetaTrader 5).

Key points

• Runs 24/5 on a chart and timeframe you choose.

• Places, modifies, and closes orders based on your rules (entries, exits, stops, position sizing).

• Can send alerts, trail stops, and manage multiple symbols.

• Strategies can be backtested and optimized in MetaTrader’s Strategy Tester.

• Performance depends on the underlying strategy and risk controls—automation doesn’t guarantee profits.

• For reliability, many traders host EAs on a VPS to keep them online continuously.

Nexus Forex Trading is built for MetaTrader 4 (MT4) and works with any broker’s standard MT4 terminal. You can download MT4 free from most brokers’ websites, install it, and log in to your demo or live account.

Yes. Nexus Forex Trading can trade 24/5 from Monday’s open to Friday’s close—as long as your MT4 terminal stays online. The EA will monitor the market and open/close positions automatically, so you don’t need to sit at the screen. AVPS: Leave MT4 running on a VPS host for reliable uptime and stable connectivity.

We will show the easy process to get this setup with our video and detiled setup guide.

Not necessarily. Nexus Forex Trading only places trades when your strategy rules and market conditions align. If the setup isn’t there, it simply waits—avoiding unnecessary risk.

• Quality over quantity: Some days may see multiple trades; other days, none.

• Conditions matter: Volatility, spreads, news, and your settings all influence frequency.

• By design: Sitting out is part of the strategy, not a malfunction.

Think steady, compounding growth with controlled risk. Your settings, broker conditions, and market regime drive outcomes—so we focus on consistency first, returns second.

A positive, realistic way to frame targets

• Conservative risk: Aim for single-digit monthly growth (often 3–8%). In strong market conditions you may see higher bursts.

• Moderate risk: Some traders target ~5–12% per month when conditions suit the strategy.

• Aggressive risk: Bigger months are possible—but so are deeper, faster drawdowns. Most traders don’t need this.

Example of compounding on a $1,000 account (illustrative):
+3%/month → ~$1,426 in 12 months
+5%/month → ~$1,796 in 12 months
+8%/month → ~$2,518 in 12 months

You can run Nexus Forex Trading with a minimum of $500 on a cent (micro) MT4 account. A cent account shows your balance in cents and allows very small position sizes, so the EA can manage risk with limited capital.

Keep in mind

• Broker specifics matter: Leverage, margin, and spreads vary by broker and affect how far $500 will go.

• Small capital = smaller trades: Expect limited position size and less buffer for drawdowns.

• Recommended funding: For smoother execution and flexibility, many traders use $1,000–$5,000+ (or the cent-account equivalent).

• Start safely: Test on a demo account first, then go live with conservative risk settings.