Shutter Stock EA V1.5 MT4 – A Serious, Free MT4 EA That Doesn’t Waste Your Time


Sick of EAs that promise “100% win rate” and then blow up the first NFP? Same. Shutter Stock EA V1.5 MT4 is different: it’s clean, quick, and free on ForexFactory.cc, powered by YoForex. If you trade major forex pairs and want a calm, rule-based engine for entries and exits on any timeframe, this is it. No indicator soup. No hidden “pro” paywalls. Just a practical MT4 expert advisor you can install, test, and keep.


The design brief was simple: cut the fluff, keep the edge. Shutter Stock EA V1.5 MT4 looks at market structure, momentum bursts, and session context to time entries. The goal is to help you capture asymmetric moves while keeping risk measurable. Think crisp entries, logical stops, and a take-profit plan that adapts to volatility. You control the risk and pairs; the EA handles the grind. It’s free coz we believe the best ideas spread when more traders actually use them and give feedback.


Overview


Shutter Stock EA V1.5 MT4 is a lightweight trading engine for MetaTrader 4. It works across any timeframe and all major pairs (EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, NZDUSD). The EA reads short-term structure shifts and momentum pulses, then executes using tight entries and a protective stop. You can scalp on M5 or swing on H1/H4. It won’t fight your style.


Under the hood, it blends three pillars:



  1. Directional Bias. The EA maps micro market structure and recent highs/lows. It hunts alignment, not random signals.

  2. Momentum Confirmation. Entries only trigger when price shows intent, not chop.

  3. Risk Logic. It sizes trades by fixed lot or risk percent and applies a smart exit plan. When volatility changes, the EA can switch from static TP to a trailing approach you choose.


YoForex tested and tuned the defaults so you can run it out of the box. You still have full control—risk percent, sessions, symbols, and filters. And yes, it’s free on ForexFactory.cc with updates.


Key Features


• Works on any timeframe; tuned by default for M15–H1
• Built for major forex pairs; multi-symbol capable
• Non-martingale by default; optional scaling only when enabled
• Entry logic driven by structure + momentum, not a single indicator
• Spread filter to avoid bad fills during spikes
• News buffer inputs to pause near high-impact events (manual calendar)
• Risk-based position sizing (fixed lot or % balance)
• Dynamic exit options: fixed TP/SL, ATR-based SL, and simple trailing
• Break-even and partial close controls
• Alert suite: on-screen, push, and email
• Lightweight code; smooth on most VPS setups
• Free lifetime updates from YoForex via ForexFactory.cc



Backtest Proof & Live Performance


Let’s set the right expectation. An EA isn’t magic; it’s a rule engine. The value lies in stable logic, controlled risk, and repeatability. For Shutter Stock EA V1.5 MT4, we focused on consistency over curve-fitting.


Backtest window: January 2020 – June 2025
Markets: EURUSD, GBPUSD, USDJPY, AUDUSD
Timeframes: M15 and H1 as primaries; M5/H4 spot checks
Conditions: ECN-like spreads with realistic slippage
Method: MT4 Strategy Tester + bar-by-bar forward walk on live quotes


What we looked for:



  • Does the EA avoid chasing at the worst moments?

  • Do exits adapt in different volatility regimes?

  • Are drawdowns orderly when the market chops?


The pattern we liked: Momentum aligned with structure, especially after a shallow pullback, gave cleaner entries. On H1, swings had fewer false starts. On M15, the signal frequency increased but required the spread filter and a modest news buffer. When we enabled break-even after 1R and partial close near 1.5R, the equity line smoothed out. That combo won’t fit everyone, but it’s a great starting point.


YoForex live notes: We ran the EA on demo and small live accounts to validate fills, alerts, and CPU load. Fills were reasonable on liquid majors, and trailing stops behaved well around session opens. We’ll continue to post change logs and quick notes on ForexFactory.cc so you can track updates and tweaks over time.


Installation & Setup (MT4)


Getting started takes two minutes:



  1. Download the ZIP from ForexFactory.cc and extract it.

  2. In MT4, go to File → Open Data Folder.

  3. Open MQL4 → Experts.

  4. Copy ShutterStockEA.ex4 (or .mq4) to Experts.

  5. Restart MT4.

  6. In Navigator → Expert Advisors, drag Shutter Stock EA V1.5 MT4 onto your chart.

  7. Allow Algo Trading.

  8. In Inputs, choose Risk % or fixed lot, set Spread Filter, and pick your Symbols.

  9. Use default exit logic for week one, then test trailing and partials.

  10. Save a Template so you can reapply your layout with one click.


Quick start tips:



  • Begin on EURUSD H1 to learn the rhythm.

  • Trade only London/NY sessions at first.

  • Journal every change; small tweaks add up.

  • Keep leverage sane—coz nothing saves oversized positions.



Why YoForex Tools


YoForex is the parent brand behind this free release on ForexFactory.cc. We build tools we’d actually trade. That’s why you’ll see:



  • Free lifetime updates—no upsell later

  • Ongoing optimizations informed by real users

  • Transparent performance notes and clear change logs


Our aim is simple: EAs and indicators that stay on your chart for months, not days. Learn more about us on ForexFactory.cc’s About/YoForex section and check other freebies while you’re there.


Support


Got questions or want a feature? Reach us anytime:



Call to Action


Ready to put a calm, rules-first EA to work? Download Shutter Stock EA V1.5 MT4 now—100% free, no strings attached. Run it for a week on demo, note your best pairs and times, then scale thoughtfully. If you ever get stuck, ping us on WhatsApp or Telegram. You’ll appreciate the clarity… and the freedom that comes from letting a trusted engine handle execution, tho your plan still calls the shots.


YoForex—empowering traders worldwide, one free tool at a time.


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Happy Trading