What is the Nexus Forex EA?

The Nexus Forex EA is a rules-based MetaTrader 4 Expert Advisor (automated trading bot) designed for the EURUSD and GBPUSD currency pairs. It uses RSI-driven logic with AI-assisted optimisation and includes built-in equity protection targeting approximately 5% maximum drawdown. Live performance is independently tracked and publicly verified on Myfxbook.

How much does the Nexus EA cost?

The Nexus EURUSD EA costs $99.95 as a one-time purchase. The GBPUSD EA also costs $99.95. The Bundle including both EAs is $159.95 — a 20% saving versus buying separately. All prices are one-time fees with no subscriptions. Free activation is included when you sign up through one of our three preferred partner brokers (RoboForex, Vantage Markets or AvaTrade).

Do I need to use a specific broker with the Nexus EA?

For standard licence activation at no extra cost, you need to open a trading account through one of our three preferred partner brokers — RoboForex, Vantage Markets, or AvaTrade — using our referral link. Opening a broker account is completely free. If you prefer to use your own broker, a $499.95 Own Broker Activation Fee applies, which covers the compatibility checks, manual configuration and activation required for non-preferred broker environments.

Are the Nexus EA trading results real?

Yes. The Nexus EA performance is tracked on a real-money live trading account, independently verified by Myfxbook — a trusted third-party forex tracking platform. The full account history including every trade, drawdown and monthly return is publicly accessible at any time without requiring a login. This is real money, not a demo or backtest.

Do I need a VPS to run the Nexus EA?

A VPS (Virtual Private Server) is not strictly required but is strongly recommended. Without a VPS the EA can only trade while your own computer is switched on and connected to the internet. A VPS keeps MetaTrader 4 and the EA running 24 hours a day, 5 days a week, ensuring no trades are missed. We recommend ChocoPing as an affordable, Forex-focused VPS provider. Full VPS setup guidance is included with every purchase.

Can I test the Nexus EA on a demo account before going live?

Yes — and we strongly recommend it. Every Nexus EA purchase includes unlimited demo accounts and up to 10 approved live trading accounts. You can run the EA on a demo account for as long as you need to validate its behaviour under your broker's specific conditions before committing any real capital.

What pairs and timeframes does the Nexus EA trade?

The Nexus EURUSD EA runs on the EURUSD currency pair on the M15 (15-minute) chart. The Nexus GBPUSD EA runs on the GBPUSD pair on the M5 (5-minute) chart. Each EA uses pair-specific logic optimised for its respective currency pair's volatility and session characteristics.

What is included in the Nexus EA Bundle?

The Nexus EA Bundle ($159.95) includes both the EURUSD and GBPUSD Expert Advisors, all preset profiles and MT4 builds, equity protection on both pairs, unlimited demo accounts, up to 10 approved live trading accounts, 3 months of settings updates, 1-to-1 consultation support, risk and psychology guides, and access to the private community. This is a saving of 20% (£39.95) versus purchasing both EAs individually.

Nexus EA Setup Guide

Nexus EA Setup Guide — EURUSD, GBPUSD & XAUUSD

⚠️ Risk Warning & Disclaimer — see bottom of page before proceeding

Nexus EA Easy Setup Guide

Follow this step-by-step guide to get your EURUSD, GBPUSD, or XAUUSD (Gold) Expert Advisor up and running correctly on a VPS with MetaTrader 4.

📧

Important — Email Us Your Trading Account Number First

Once you have signed up with one of our partner brokers, please email your MT4 trading account number and broker name to info@nexusforextrading.com. We will then send your EA files with the licence key coded specifically to that account. The licence is limited to one broker account per purchase and will not work on any other account.

Where to find your MT4 trading account number — Your trading account number is displayed inside MT4 — email this to us along with your broker name

Quick Start Checklist

10 Steps

Buy the Nexus EA
Open a trading account under one of our partner brokers
Email your trading account number and broker name to us
Receive your licensed EA and .set file from us
Install MT4 on your VPS
Copy the EA file into the MQL4 Experts folder
Attach the EA to the correct chart and load the .set file
Enable AutoTrading
Run on demo for 2 to 4 weeks minimum
Go live with a small, conservative position size

📺 Watch: Video Guide to Installing MT4 Expert Advisors

Step 01

VPS & Remote Desktop Setup

Set up a Virtual Private Server to keep MT4 running 24 hours a day

A VPS is a remote Windows computer that stays online around the clock. It keeps your MT4 platform and EA running even when your own computer is switched off. This is essential for uninterrupted automated trading.

Section 1A

Order Your ChocoPing VPS

Recommended VPS: ChocoPing Cheapy VPS #3 — 3GB. This plan is Forex-focused, great value for 1 to 3 MT4 terminals, and offers low-latency locations. Choose New York or London for the best connection to most FX brokers.

Go to chocoping.com and click Pricing/Plans or Order Now
Select the CHOCO – 3GB plan, choosing New York or London for lowest latency
Under Operating System, select Windows Server 2019 (or 2016 if you prefer)
Create your account using a strong password and complete checkout
After payment, ChocoPing will email your VPS IP, username (usually Administrator) and password — save these securely

Security tip: Enable two-factor authentication (2FA) in your ChocoPing account settings if available.

Section 1B

Connect to Your VPS via Remote Desktop

You do not install a VPS like regular software — you connect to it. When connected, you will see the VPS Windows desktop and can work on it as if it were in front of you.

ChocoPing server ready email with login details — The ChocoPing server-ready email contains your VPS IP address and login credentials

To open Remote Desktop on Windows:

Click the Windows Start button on your taskbar
Type "Remote Desktop" and open Remote Desktop Connection
In the Computer field, enter your VPS IP address
Username: Administrator
Click Connect, then enter the password from the ChocoPing email

Windows Start button search for Remote Desktop — Click the Windows Start button, then type "Remote Desktop" to search for the app

Remote Desktop Connection dialog — Enter your VPS IP address in the Computer field, then click Connect

Mac users: Install Microsoft Remote Desktop from the App Store → Add PC → enter IP → User Account = Administrator → Connect
iOS / Android: Use the Microsoft Remote Desktop app → Add PC → enter IP and credentials → Connect

Section 1C

First-Time Windows Setup Inside the VPS

Change the Administrator password — Start → Settings → Accounts → Sign-in options
Install Windows Updates — set Active Hours to avoid MT4 being interrupted mid-session
Adjust power settings — Control Panel → Power Options → High Performance; ensure the server never sleeps
Copy files to the VPS — use the RDP clipboard, or OneDrive/Google Drive as an alternative

Pro tip: Add your MT4 shortcut to the Windows Startup folder so MT4 relaunches automatically after a reboot. Press Win + R, type shell:startup, and paste the shortcut there.

Step 02

Sign Up With a Partner Broker

Required for EA licence activation — must use our partner referral link

Account type rule: If your trading balance is below $20,000, you must use a Cent account. If above $20,000, you may use a Standard account if you prefer.

To activate your EA licence, you must register through one of our partner brokers using our referral link. Click here to find which brokers are available in your country.

The signup and MT4 installation process is identical for all of our partner brokers, and applies the same way whether you're trading EURUSD, GBPUSD, or XAUUSD (Gold). We use RoboForex as the example below.

Section 2A

Create Your Broker Account

Go to roboforex.com and click Sign Up or Open an Account
Enter your email, full name and phone number, then verify both
When asked for a partner code, enter eerse
Complete KYC verification — photo ID plus proof of address (within 3 months)
Set a strong password and enable 2FA in the Members Area

Section 2B

Create a ProCent Trading Account

In the Members Area, click Open an Account
Platform: MT4, Account Type: ProCent, Currency: USD
Leverage — e.g. 1:1000, adjusted to your risk tolerance and local rules
Partner code: eerse
Note the exact server name shown, e.g. RoboForex-ProCent-x
After submitting, your trading account number and trader password will be shown and emailed — save both
📧 Email your trading account number and broker name to info@nexusforextrading.com

Section 2C

Create a Demo Account

In the Members Area, click Open a Demo Account
Platform: MT4, Type: Pro (or ProCent Demo if available)
Set a demo balance ($1,000–$20,000) with matching leverage
Save your demo login, password and server name

Why both? Demo lets you safely validate the EA's behaviour first. ProCent lets you trade live with very small real position sizes once confident.

Section 2D

Fund Your Broker Account

In the Members Area, click Deposit Funds
Choose a payment method — card, e-wallet or bank transfer (varies by region)
Select your ProCent MT4 account as the destination
Enter the amount — on Cent accounts, $1,000 appears as 100,000 cents
Complete payment and confirm the deposit shows in your Members Area

Start with a modest deposit. Only add more funds gradually once satisfied with live performance on a small balance.

Step 03

Download & Install MetaTrader 4

Install the trading platform on your VPS and log in to your account

Section 3A

Download and Install MT4 on Your VPS

Connect to your VPS via Remote Desktop as described in Step 1
Inside the VPS, open a browser and go to your broker website, e.g. roboforex.com
Download MT4 from the Members Area or the broker's MT4 download page
Run the installer and accept all defaults
Launch MT4 — close the "Open an Account" wizard if it appears, since you already have credentials

Section 3B

Log Into Your Trading Account in MT4

In MT4: File → Login to Trade Account
Login: your MT4 trading account number
Password: your trader password
Server: the exact server name, e.g. RoboForex-ProCent-x (live) or RoboForex-Demo (demo)
Click Login — after ~10 seconds the bottom-right of MT4 will show green/red connection bars

MT4 connected — green and red bars shown in bottom right corner — Green and red connection bars in the bottom-right of MT4 confirm a successful login

Not connecting? The most common cause is an incorrect server name. Go back to File → Login to Trade Account and double-check it matches exactly.

Step 04

Add the EA Files to MT4 & Configure

Install the Nexus EA and attach it to the correct chart for your pair

Once you receive your EA files from us by email, copy them to your VPS desktop so they're easy to access during the steps below. The same EA file, NexusBotsV2.ex4, is used for EURUSD, GBPUSD and XAUUSD — the chart, timeframe, and preset file you load is what determines which strategy runs.

EA files copied to the VPS desktop — Copy the EA files from your email attachment directly onto the VPS desktop

Section 4A

Copy the EA File Into MT4

In MT4: File → Open Data Folder
Open the MQL4 folder
Open the Experts folder
Copy NexusBotsV2.ex4 from your VPS desktop into this Experts folder
Close the folder, then fully exit MT4 (File → Exit)
Reopen MT4 — the EA now appears in the Navigator panel under Expert Advisors

NexusBotsV2 showing in the MT4 Navigator panel — NexusBotsV2 now appears in the Navigator panel under Expert Advisors

Section 4B

Open the Correct Chart and Timeframe

The Nexus EA must be run on the correct currency pair (or Gold) and the correct chart timeframe. Running it on the wrong timeframe will negatively affect its performance.

EURUSD M15 — 15 Minute Chart Stag EURUSD.set

GBPUSD M5 — 5 Minute Chart Stag GBPUSD.set

XAUUSD M1 — 1 Minute Chart Strength For Gold.set

Selecting the correct chart timeframe in MT4 — Use the MT4 toolbar to select the correct pair and set the timeframe — XAUUSD must be set to M1

Section 4C

Drag the EA Onto the Chart

In the Navigator panel, find NexusBotsV2 under Expert Advisors
Click and drag it directly onto your open chart — a settings popup will appear automatically

Dragging NexusBotsV2 from the Navigator panel onto the chart — Drag NexusBotsV2 from the Navigator panel and drop it onto your chart

Section 4D

Settings Popup — Common Tab

Start with the Common tab and make sure both of the following boxes are ticked:

Allow live trading — must be ticked ✔
Allow DLL imports — must be ticked ✔

Common tab with Allow live trading and Allow DLL imports ticked — Common tab — confirm both boxes are ticked before moving to the Inputs tab

Section 4E

Settings Popup — Inputs Tab — Load the Preset File

Click the Inputs tab at the top of the popup window
Click Load to browse for your preset file

Inputs tab with the Load button visible — Click Load in the Inputs tab to locate and open your .set preset file

Navigate to your VPS desktop and select the correct preset file for your pair:

For EURUSD, select Stag EURUSD.set
For GBPUSD, select Stag GBPUSD.set
For XAUUSD (Gold), select Strength For Gold.set

Selecting the correct .set preset file from the VPS desktop — Select the correct .set file for your pair from the VPS desktop

Section 4F

🥇 Gold (XAUUSD) Only — Enable the RSI Filter

The Strength For Gold preset uses an additional RSI-based filter that is not present in the EURUSD or GBPUSD strategies. After loading Strength For Gold.set, scroll through the Inputs tab and confirm this setting:

Required for XAUUSD only: Set the input parameter RSI to true. If this is left set to false, the Gold EA's entry filter will not function correctly and the strategy will not trade as intended.

This input does not apply to EURUSD or GBPUSD — leave their presets as loaded, no changes needed there.

Section 4G

Set Your Lot Size

Still in the Inputs tab, locate the lot size field. Set a conservative starting value for whichever pair you're running — start low and increase only as you build confidence in the EA's live performance.

For a Cent account, start with 0.1 lots per $1,000 of balance (e.g. $2,000 balance → 0.2 lots)
For a Non-Cent account, start with 0.01 lots per $50,000 of balance

XAUUSD (Gold) is a higher-volatility instrument than EURUSD or GBPUSD. Treat the lot guidance above as a starting point only, and size down further on Gold until you've observed several weeks of live behaviour on your own account.

Lot size input field in EA settings — Set a low lot size to begin with — you can always increase it gradually over time

Once set, click OK to close the settings window and activate the EA.

Clicking OK to apply EA settings — Click OK to apply all settings and activate the EA

Section 4H

Enable AutoTrading

If a sad face appears in the top-right corner of your chart after clicking OK, AutoTrading is disabled.

Sad face icon indicating the EA is inactive — A sad face on the chart means the EA is loaded but not yet active

Click the AutoTrading button in the top MT4 toolbar — it will turn green when active.

AutoTrading button in the OFF state — AutoTrading — OFF

AutoTrading button in the ON state, shown in green — AutoTrading — ON (green)

Smiley face confirming the Nexus EA is live and active — Smiley face = Nexus EA is live and actively monitoring the market

After Setup

What To Do Next

🧪 Validate on Demo First

Run the EA on demo for at least 4 to 6 weeks before going live
Compare behaviour against your expectations
Check the Journal and Experts tabs regularly for errors

🚀 Go Live Carefully

Begin with a small position size on the ProCent account
Monitor performance daily and adjust lot size if needed
Check VPS uptime each morning; confirm MT4 restarts after Windows updates

Correct Timeframes

EURUSDM15 — 15 Minute Chart

GBPUSDM5 — 5 Minute Chart

XAUUSDM1 — 1 Minute Chart

Recommended Starting Lot Sizes

Account Type	Balance	Starting Lot Size
Cent Account	$1,000	0.1 Lot
Cent Account	$2,000	0.2 Lots
Non-Cent Account	$50,000	0.01 Lot

XAUUSD (Gold): Use the same cent/non-cent ratios as a starting point, then size down further given Gold's wider average pip range. Increase only after reviewing several weeks of your own live results.

Use the free RoboForex Lot Size Calculator to work out the right lot size based on your exact account balance and margin available.

Troubleshooting

Common Issues

Work through these one by one if the EA is not opening trades

EA is attached to the chart but no trades are opening

Check the Journal tab at the bottom of MT4. If the EA attempted to open a trade but something prevented it, the reason will be logged there. Common causes include the market being closed, the spread being too wide, or the EA's entry conditions simply not having been met yet — this is normal behaviour.

Orders are not executing — possible lot size error

On MT4 ProCent accounts, the minimum lot size is 0.1. If you've entered a smaller value in the EA Inputs tab, orders will fail silently. Double-click the EA, go to the Inputs tab, and increase the lot size to at least 0.1.

🥇 XAUUSD (Gold) is attached but never trades

This is almost always caused by the RSI input being left at false. Double-click the EA on the Gold chart, open the Inputs tab, and confirm RSI is set to true. Also confirm the chart is on the M1 timeframe — running Strength For Gold.set on any other timeframe will produce inconsistent or no entries.

A sad face is showing on the chart — EA not running

The sad face means AutoTrading is disabled. Click the AutoTrading button in the MT4 toolbar until it turns green. Also double-click the EA, go to the Common tab, and confirm Allow live trading is ticked.

MT4 shows "No connection" or will not connect

The most common cause is an incorrect server name. Go to File → Login to Trade Account and compare the server name carefully — for example RoboForex-ProCent-x. Even a single character difference will block the connection.

MT4 stopped running after a VPS reboot

Add MT4 to the Windows Startup folder so it relaunches automatically. Right-click the MT4 shortcut → Copy. Press Win + R, type shell:startup, press Enter, and paste the shortcut into that folder.

I see error codes in the Journal that I don't understand

All MT4 error codes are documented at docs.mql4.com/en/trading. Copy the error number from the Journal tab and search for it there.

⚠️ Important

Risk Warning & Full Legal Disclaimer

High Risk Warning

Forex trading is highly speculative and involves significant leverage. You can lose some or all of your invested capital. Only trade with money you can genuinely afford to lose.

Educational Information Only — Not Financial Advice

This guide, the preset files, and all examples are for information and educational purposes only. Nothing here constitutes investment, legal, or tax advice, or a solicitation to trade.

No Liability for Trading Losses

You are solely responsible for all trading decisions, risk settings, broker selection, and live deployment choices. Nexus Forex Trading accepts no responsibility for trading losses, drawdowns, broker issues, platform errors, or opportunity costs arising from use or misuse of the EA, presets, or this guide.

Preferred Broker Requirement

For the smoothest setup and full standard EA activation, clients must open and trade through one of our preferred partner brokers using Nexus Forex Trading as the referral partner. These brokers are selected to minimise issues such as high spreads, poor execution, slippage, and platform compatibility problems.

Own Broker Activation Fee

As stated in the purchase Terms and Conditions, if you choose not to use one of our preferred brokers, a $499.95 Own Broker Activation Fee is required before the EA can be activated for that broker environment.

Mandatory Demo Testing Required

Before any live deployment, you must test the EA in Strategy Tester and run it on demo long enough to understand its behaviour under your broker's conditions — including spread, commission, execution speed, account type, leverage, and any broker restrictions. Only proceed to live after satisfactory demo results.

Past Performance Does Not Guarantee Future Results

Any backtests, forward tests, demo results, live screenshots, or third-party verification shown are not a guarantee of future performance. Market conditions change constantly.

Ongoing Monitoring Is Required

Automated trading reduces but does not eliminate risk. Monitor performance regularly and be prepared to pause trading, reduce position sizes, or adjust settings if conditions change or drawdown reaches an uncomfortable level.

Affiliate Link Disclosure

This guide and related materials may contain affiliate links. Nexus Forex Trading may receive a commission, rebate, or referral payment if you register with certain brokers or providers via our links, at no additional cost to you.

Acceptance of These Terms

By following this setup guide and using the Nexus EA, you confirm that you have read and understood the risks above and agree that Nexus Forex Trading shall not be held liable for any losses or damages arising from your use of the EA, your choice of broker, your position sizing, your VPS setup, or your trading activity.

Final reminder: Always start on a demo account, thoroughly validate the EA's behaviour, and then go live gradually using a very small position size. For the best experience and full standard activation, please use one of our preferred partner brokers with Nexus Forex Trading registered as your referral partner. If you choose not to use a preferred broker, the $499.95 Own Broker Activation Fee applies before activation.