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Name: Correct Approach Open 4
Version: Latest Version
Developer by: Ivan Simonika
The Right Platform: Meta Trader 4 (MT4)
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With over 20 years of trading experience, I consider Correct Approach Open 4 MT4 one of the most reliable and versatile multi-currency Expert Advisors for traders who want stable, long-term automated performance.
This system is designed to operate on any timeframe and adapt to all market conditions, from strong trends to ranging phases and high-volatility environments.
Correct Approach Open 4 MT4 is a multi-functional, multi-pair automated trading system built on a non-geometric averaging algorithm.
Instead of using martingale or risky lot multiplication, the Expert Advisor (EA) constructs a smart, controlled grid based on internal price levels and mathematical models.
It integrates advanced protection filters, strict spread control, and internal time restrictions to ensure safe and consistent operation in both stable and volatile markets.
1. Safe Averaging System (Non-Geometric Grid)
No martingale, no exponential lot growth.
Grid levels are calculated based on key price structures to reduce risk and maximize efficiency.
2. Built-In Protection Layers
Spread Filter: Blocks orders when spreads widen.
Time Filter: Limits trading during high-risk sessions.
Internal Levels: Ensures entries only occur at high-probability zones.
3. Multi-Pair & Multi-Timeframe Compatibility
Works seamlessly on major and cross pairs:
EURUSD, GBPUSD, USDJPY, AUDUSD, NZDJPY, NZDUSD, EURJPY, GBPJPY, and more.
4. Proprietary Indicators in Separate Streams
Each custom indicator processes signals independently, reducing noise and preventing false entries.
5. Real + Virtual Stop Orders
Uses:
Real SL/TP (visible to broker)
Virtual SL/TP (hidden for stealth executions)
This improves risk control and fine-tunes profit capture.
6. Adjustable Aggressiveness
Easily modify risk level and grid behavior to suit your trading style and account size.
1. Trend Identification
The EA detects medium-term market trends using a set of proprietary indicators.
2. Pullback-Based Entry
Entries are made when price retraces into optimized zones within the prevailing trend, improving accuracy and reward potential.
3. Intelligent Averaging
If price temporarily moves against the initial entry, the EA places additional positions with mathematically calculated spacing to optimize the overall cost basis.
4. Dynamic Profit Management
Combines:
Visible Take Profit
Hidden Virtual Take Profit
→ allowing the system to capture profits effectively even during choppy market conditions.
✔ Emotion-Free Trading
Every trade is based on mathematics — no fear, greed, or impulsive behavior.
✔ No Market Analysis Required
You don’t need technical or fundamental analysis.
The EA handles everything automatically.
✔ Trades 24/5 Across Multiple Pairs
One EA can run multiple symbols simultaneously for diversified performance.
✔ Lower Risk Compared to Martingale Systems
Safer grid logic ensures long-term sustainability.
✔ Higher Accuracy via Multi-Indicator Filtering
Reduces false signals and improves win rate over time.
Correct Approach EA has showcased exceptional long-term profitability and remarkable stability throughout an extensive 52-year backtest period (1971–2023) on the EURUSD pair.
Across five decades of market cycles — including inflationary crises, multiple recessions, interest-rate shocks, the 2008 financial collapse, Eurozone volatility, and unprecedented events such as Covid-19 — the system maintained a clean, consistently rising equity curve with disciplined precision.
Correct Approach EA demonstrates its strength in medium-term trend trading, entering positions on pullbacks and managing risk through intelligent averaging, multi-indicator filtering, and strict protection systems.
The EA’s performance highlights its robustness, adaptability, and ability to sustain exponential growth with controlled drawdown — even under extreme global volatility.
Its outstanding win rate, powerful recovery factor, and stable drawdown profile make it an excellent long-term solution for traders seeking reliable, scalable automated performance on major currency pairs.
✅ Key Backtest Metrics
Initial Deposit: $1,000
Total Net Profit: $427,220,568.25
Win Rate: 93.24% profitable trades
Maximum Drawdown: 20.01% (Balance)

Correct Approach EA has showcased extraordinary long-term profitability and impressive stability throughout a massive 30-year backtest period (1993–2023) on the GBPUSD pair.
Despite three decades of market turbulence — including dot-com bubble volatility, 2008 financial crisis, Brexit shockwaves, and multiple USD/GBP rate cycles — the system maintained a smooth, consistently rising equity curve with exceptional precision and disciplined execution.
Correct Approach EA demonstrated its ability to identify medium-term trends, manage risk intelligently, and protect capital while sustaining exponential profit growth across changing market conditions.
Its extremely high win rate, low drawdown profile, and powerful averaging system make it a strong choice for traders seeking long-term reliability and robust automated performance.
✅ Key Backtest Metrics
Initial Deposit: $1,000
Total Net Profit: $481,485,610.15
Win Rate: 92.56% profitable trades
Maximum

Correct Approach EA has delivered exceptional long-term profitability and consistent stability throughout a massive 52-year backtest period (1971–2023) on the USDCHF pair.
Across five decades of economic cycles — inflation eras, interest-rate shocks, recessions, currency interventions, and global black-swan events — the system maintained a strong, steady upward equity curve with disciplined execution and robust risk control.
Correct Approach EA proves its ability to capture medium-term trend opportunities, manage pullback entries intelligently, and maintain portfolio stability through averaging logic, multi-indicator confirmation, and built-in protective filters.
Its performance highlights long-term durability, exceptional accuracy, and the ability to scale profit exponentially with controlled risk.
✅ Key Backtest Metrics
Initial Deposit: $1,000
Total Net Profit: $292,266,827.17
Win Rate: 89.72% profitable trades
Maximum Drawdown: 9.90% (Balance)

| Name | Fit |
|---|---|
| Trading platform | Meta Trader 4 (MT4) |
| Time frames | H1 |
| Currency pairs | Any |
| Min / Recommended deposit | $1000 |
| Min / Recommended leverage | 1:100 |
| VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗