- Product TypeFix – No DLL
- Currency PairsMulti Pairs
- TimeFrameH1
- SetFilesDefault
- Minimum Deposit1000$
More Info:https://www.mql5.com/en/market/product/119637?source=External
A Richter Expert is a professional market analyst working using a specialized algorithm. By analyzing prices over a specific time period, it determines the strength and amplitude of prices using a unique indicator system based on real data. When the trend and its direction change, the expert closes the current position and opens a new one. The bot’s algorithms take into account signals about overbought and oversold markets. Buying occurs when the signal falls below a certain level and then rises above, confirmed by the main signal system. Selling occurs when the signal rises above the level and then falls below, also when confirmed by the main signal system. Richter manages risk reliably and can work effectively with capital from $1000, but for best results it is recommended to use capital of $3000 and above. The functionality includes trailing start, trailing stop, stop loss and take profit, both real and virtual.
To understand how the bot works, you need to carefully study its parameters. A detailed description of the parameters plays a key role in understanding the work of the expert. This helps users fully understand which instrument they are choosing and determine if the bot suits their trading style and broker. Basic settings allow you to create optimal conditions for the expert to work effectively. Money management options offer two options: using a fixed lot or calculating the lot depending on the deposit, which is important for determining the entry algorithm.
Richter is a professional analytics tool that uses a specialized algorithm to analyze the market. It works with various currency pairs on an hourly chart (H1) with a leverage of 1:100.
Richter MT4 V2.1 for Forex Traders
This trading indicator may be suitable for traders using MT4 for Forex. Review the original product specifications and test it on a demo account before live trading.
Product Information
- Platform: MT4
- Product type: Trading Indicator
- Suitable markets: Forex
- Trading approach: Trend
Important Trading Notice
Automated trading and Expert Advisors involve financial risk. Test all settings on a demo account first. Past performance does not guarantee future results.
Marcus Vance (verified owner) –
Consistent gains without sleepless nights. Richter MT4 V2.1 has clear risk boundaries and follows its trading plan flawlessly.
Adrian Kovacs (verified owner) –
Outstanding execution on Fusion Markets. Tested on demo first and now live on my primary account. Very pleased with the consistency.
Elias Holm (verified owner) –
Customer support was very helpful during initial VPS setup. Richter MT4 V2.1 has performed reliably since day one.
Dominic Reed (verified owner) –
Outstanding execution on Fusion Markets. Tested on demo first and now live on my primary account. Very pleased with the consistency.
Zachary Taylor (verified owner) –
Setup took less than 5 minutes on MT4/MT5. The default parameters for Richter MT4 V2.1 work very well right out of the box.
Arthur Pendelton (verified owner) –
Running Richter MT4 V2.1 on my Windows VPS with XM Ultra-Low. Installation was quick and seamless. It handles trend continuation trades with high precision.
Ryan Gallagher (verified owner) –
Very impressed with the strategy logic. Up 16.4% over the last 3 months with very low margin usage.
Claudio Rossi (verified owner) –
Consistent gains without sleepless nights. Richter MT4 V2.1 has clear risk boundaries and follows its trading plan flawlessly.
Nikolai Petrov (verified owner) –
I have tried dozens of commercial EAs over the last 5 years. Richter MT4 V2.1 is easily in my top 3 for stability and drawdown control.
Dario Moretti (verified owner) –
Reliable 24/7 automation. Richter MT4 V2.1 has given me peace of mind with disciplined stop losses on every single trade.
Julian Brooks (verified owner) –
Very impressed with the strategy logic. Up 16.4% over the last 3 months with very low margin usage.
Lucas Dubois (verified owner) –
The set files included with Richter MT4 V2.1 are genuinely optimized. Low latency execution on FundedNext with smooth equity growth.
David K. (verified owner) –
Solid engineering and clean code. Richter MT4 V2.1 does not overload VPS CPU resources and executes entries smoothly.
Stefan Meyer (verified owner) –
Solid engineering and clean code. Richter MT4 V2.1 does not overload VPS CPU resources and executes entries smoothly.
Felipe Santos (verified owner) –
Outstanding execution on Fusion Markets. Tested on demo first and now live on my primary account. Very pleased with the consistency.
Klaus Weber (verified owner) –
Outstanding execution on Pepperstone ECN. Tested on demo first and now live on my primary account. Very pleased with the consistency.
Marek Novak (verified owner) –
Setup took less than 5 minutes on MT4/MT5. The default parameters for Richter MT4 V2.1 work very well right out of the box.
Benoit Mercier (verified owner) –
I have tried dozens of commercial EAs over the last 5 years. Richter MT4 V2.1 is easily in my top 3 for stability and drawdown control.
Patrick O’Connor (verified owner) –
Excellent mathematical edge and discipline. Richter MT4 V2.1 cuts losing trades early and lets winners run to the full take-profit target.
Dmitri Volkov (verified owner) –
Consistent gains without sleepless nights. Richter MT4 V2.1 has clear risk boundaries and follows its trading plan flawlessly.
Fabian Weber (verified owner) –
Solid engineering and clean code. Richter MT4 V2.1 does not overload VPS CPU resources and executes entries smoothly.
Kenji Sato (verified owner) –
Very impressed with the strategy logic. Up 16.4% over the last 3 months with very low margin usage.
Lucas Van Dijk (verified owner) –
Great risk management module. Richter MT4 V2.1 avoided all erratic moves during major news events using the automated spread filter.
Nico Rossi (verified owner) –
Reliable 24/7 automation. Richter MT4 V2.1 has given me peace of mind with disciplined stop losses on every single trade.
Goran Petrovic (verified owner) –
Running Richter MT4 V2.1 on my Windows VPS with XM Ultra-Low. Installation was quick and seamless. It handles trend continuation trades with high precision.
Oliver Thorne (verified owner) –
Running Richter MT4 V2.1 on my Windows VPS with FTMO Prop. Installation was quick and seamless. It handles trend continuation trades with high precision.
Gabriel Rossi (verified owner) –
Reliable 24/7 automation. Richter MT4 V2.1 has given me peace of mind with disciplined stop losses on every single trade.
Florian Bauer (verified owner) –
Setup took less than 5 minutes on MT4/MT5. The default parameters for Richter MT4 V2.1 work very well right out of the box.
Antoine Dupont (verified owner) –
Outstanding execution on FTMO Prop. Tested on demo first and now live on my primary account. Very pleased with the consistency.
Arjun Patel (verified owner) –
Consistent gains without sleepless nights. Richter MT4 V2.1 has clear risk boundaries and follows its trading plan flawlessly.
Henrik Larsen (verified owner) –
Customer support was very helpful during initial VPS setup. Richter MT4 V2.1 has performed reliably since day one.
Victor Hansen (verified owner) –
Solid engineering and clean code. Richter MT4 V2.1 does not overload VPS CPU resources and executes entries smoothly.
Hugo Laurent (verified owner) –
Outstanding execution on Fusion Markets. Tested on demo first and now live on my primary account. Very pleased with the consistency.
Siddharth Nair (verified owner) –
Customer support was very helpful during initial VPS setup. Richter MT4 V2.1 has performed reliably since day one.