Tired of EAs that look great on paper but fall apart the moment markets get choppy? Same. AM Invest EA V2.96 (MT4) is designed to be different—clean, rules-driven logic, robust risk controls, and practical filters that help you stay out of noise and in high-probability trades. It’s built for traders who want hands-off execution without surrendering control over risk. Whether you’re a weekend backtester or a busy pro trading multiple charts, this EA aims to deliver stable, repeatable results… not hype.


This blog breaks down what the EA does, how it thinks, key features, suggested settings, and how to install/configure it properly. I’ll also share best practices (and a few gotchas) so you don’t get tripped up by spread spikes or Friday liquidity. Let’s dive in.


What Is AM Invest EA V2.96 MT4?


AM Invest EA V2.96 is a rules-based expert advisor for MetaTrader 4 that focuses on trend-aligned entries with risk-first position sizing. The strategy blends momentum confirmation (to avoid false starts) with volatility filters (to avoid overtrading during range chop). The EA does not rely on martingale or dangerous grid multipliers—position sizes are calculated from risk percentage and instrument volatility, and it uses a clean stop-loss/take-profit logic so you can read your trading journal without needing a decoder ring.


Typical usage scenarios:



  • Trend-following swing entries on majors (EURUSD, GBPUSD, USDJPY).

  • Controlled intraday scalps on low-spread accounts during London/NY overlaps.

  • Diversified portfolio trading across 3–5 pairs with modest risk per setup.


Key Features



  • No Martingale / No Dangerous Grid: Uses fixed fractional risk or lots; no compounding traps.

  • Volatility-Adaptive SL/TP: ATR-aware distances that adapt to current market conditions.

  • Smart Trend Filter: Confirms trend direction with multi-signal alignment before placing trades.

  • Session Controls: Optional trading windows (e.g., London + NY only) to avoid illiquid hours.

  • News-Aware Pauses (Manual/Optional): Add your own time blocks to sit out major events.

  • Equity Protection: Daily loss cap, max open trades, and hard stop button (panic-proofing).

  • Spread & Slippage Guards: Blocks entries if environment degrades beyond your thresholds.

  • Partial Close & Trailing Options: Lock in gains without overexposing to reversals.

  • Magic Number Isolation: Run the EA on multiple charts without cross-trade interference.

  • Robust Logging: Clear comments, ticket tagging, and order notes for post-trade analysis.



How the Strategy Works (In Plain English)



  1. Market Scan: The EA evaluates recent price structure and base trend using moving average slope plus momentum confirmation.

  2. Volatility Check: ATR determines whether recent movement is large enough to justify risk; too quiet = skip.

  3. Quality Filters: Spread under X, slippage tolerance OK, and trading session allowed? If not, pass.

  4. Setups & Orders: When signals align, the EA places a market or pending order with a pre-defined SL/TP, sized by your risk % or fixed lots.

  5. Trade Management: Optional partials at 1R/1.5R, soft trailing once price clears structure, and time-based exit if a setup overstays.


Recommended Pairs, Timeframes & Risk



  • Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD (advanced users only due to volatility).

  • Timeframes: M15 for active intraday; H1 for calmer swing behavior; H4 for hands-off portfolios.

  • Risk Per Trade: 0.5%–1.0% for diversified baskets; up to 1.5% for single-pair focus (experienced users).

  • Leverage: 1:100 to 1:500 (depends on broker and your comfort).

  • Account Types: ECN/RAW recommended for tighter spreads and cleaner fills.


Installation & Setup (Step-by-Step)



  1. Copy Files: Place the EA file AM Invest EA v2.96.ex4 into MT4 → File → Open Data Folder → MQL4 → Experts.

  2. Restart MT4: Close and reopen MT4 or hit Refresh in the Navigator panel.

  3. Enable Algo Trading: Check the AutoTrading button is green; allow DLL imports if prompted.

  4. Attach to Chart: Open your chosen pair/timeframe, drag the EA from Navigator → Experts onto the chart.


Input Settings (Basics):



  • RiskPercent: 1.0 (start smaller on live)

  • MaxSpread: e.g., 15 points on major pairs; stricter for scalping

  • UseSessionFilter: true (e.g., 07:00–22:00 platform time)

  • ATRPeriod / ATRMultiplier: 14 / 1.5–2.0 depending on timeframe

  • TakeProfitRR: 1.2–2.0 (risk-reward target)

  • TrailingStartRR: 1.0–1.2 and TrailingStep: modest value to avoid whipsaws



Best-Practice Risk Management



  • Daily Loss Limit: Set DailyLossStop (e.g., 3%–4%) to cut the day and preserve mental capital.

  • Max Concurrent Trades: Cap at 1–3 per pair to avoid cluster risk.

  • News Windows: Avoid 5–10 minutes pre/post major releases if you scalp.

  • Friday Rules: Many users disable new entries after 17:00 platform time Friday to dodge thin liquidity.


Performance Notes & Realistic Expectations


Let’s keep it real—no EA wins every trade. AM Invest EA V2.96 aims for steady equity growth with controlled drawdowns by prioritizing quality over frequency. On liquid majors with sane risk, many users see a win rate in the 45%–60% range with average R multiples > 1, which is enough to grind equity forward. Expect quieter weeks during consolidations; the EA is built to avoid forcing setups just to stay busy. That patience is a feature, not a bug.


What improves outcomes most?



  • Picking low-spread brokers and ECN accounts

  • Sticking to session windows where liquidity is healthy

  • Avoiding over-optimization; use broad, stable parameter ranges

  • Running a small diversified basket of uncorrelated pairs


Example Settings (Starter Template)



  • EURUSD H1: Risk 1.0%, ATR 14, Multiplier 1.8, TP 1.6R, trail from 1.1R, step modest.

  • GBPUSD M15 (more active): Risk 0.7%, ATR 14, Multiplier 1.6, TP 1.4R, stricter spread filter.

  • USDJPY H1: Risk 1.0%, ATR 14, Multiplier 1.7, TP 1.5R, trail from 1.2R.

  • XAUUSD M15 (advanced): Risk 0.5%, wider MaxSpread, ATR Multiplier 2.0+, TP 1.8R; be conservative.


Troubleshooting & FAQs


The EA isn’t taking trades. Is it broken?


Usually it’s filters doing their job. Check:



  • AutoTrading enabled, smiley face active

  • Spread below MaxSpread

  • Session filter time windows

  • Journal/Experts tab for blocked-entry messages

  • Min distance requirements around news/time filters


Happy Trading