Overview: The One EA for MT4
The One EA MT4 is an automated trading system (Expert Advisor) developed for the MetaTrader 4 platform. It’s built around a strategy that detects when market momentum weakens and identifies potential reversal zones — allowing traders to benefit from upcoming price corrections. The system is fully automated and designed to be user-friendly for both new and experienced traders.
About the Developer
The EA was created by Evgenii Aksenov, a seasoned MQL5 developer with over six years of experience. He has released several successful trading tools, including Price Action FX MT5, Gold Dragon AI MT4, and others. Among his work, The One EA MT4 stands out as one of his most effective and well-optimized products.
Core Features and Trading Logic
🔹 Reversal-Based Strategy: The EA scans the market for overbought and oversold levels — areas where price tends to reverse — and executes trades accordingly.
🔹 Hedging Capability: Since the system can open multiple buy and sell positions at once, a hedge-enabled trading account is required.
🔹 Optimized for M15 Timeframe: Designed specifically for the 15-minute chart, where it identifies consistent and high-quality entry signals.
🔹 User-Friendly for All Levels: Straightforward setup and adjustable settings make it accessible for both beginners and professional traders.
🔹 Dynamic Capital Management: Offers two position sizing options — Fixed Lot and Auto Lot — giving users flexibility in managing their risk.
🔹 Drawdown Recovery Mechanism: Includes a built-in recovery function to stabilize performance and protect capital during volatile periods.
Main Advantages
🔹 Strong Profit Potential: By trading reversals in high-volatility environments, the EA can capture significant returns.
🔹 Stable Operation: It doesn’t trade excessively — focusing on quality over quantity — which helps maintain long-term consistency.
🔹 Ease of Use: Clean interface and simplified parameters make installation and operation effortless.
🔹 Optimized for MT4: Fully tailored for efficient execution and performance on the MetaTrader 4 platform.
🔹 Customizable Risk Settings: Both fixed and automated lot size options allow users to adapt the EA to their own trading preferences.
Performance Overview
1. Live Trading Results:
Over 93 consecutive trading weeks, The One EA MT4 has achieved steady profitability with the following key metrics:
✅ Starting Balance: $230
✅ Total Gain: +455%
✅ Win Rate: 79.7%
✅ Maximum Drawdown: 57.4%
This consistency demonstrates its ability to maintain returns while effectively managing drawdown.
2. Backtesting Data:
In simulation tests, the EA produced a profit of $42,982 from an initial $1,000 balance, with a controlled drawdown of just 4.17% — highlighting both profitability and capital safety.
Conclusion
The One EA MT4 delivers a balance of profitability, risk control, and user accessibility. Its methodical approach to reversals, combined with smart position management and automated execution, makes it a powerful solution for traders looking to achieve consistent results over time.
