Fenghuang Rig EA MT4 v1.3 vs SetFiles (Platform build 1441+)

What is Fenghuang Rig EA MT4?

Fenghuang Rig EA is an Expert Advisor (EA)  smart trading robot designed for GOLD and EURUSD on the MT4 platform. It includes professional features to handle the challenges of the forex market and avoids risky strategies like Martingale or Grid.

Version: New Version
The Right Platform: Meta Trader 4 (MT4)
Our Telegram Team: Join now
Our Youtube Channel: Click here

🔹Vendor : Click 

About the Author

This EA was developed by Sof’ia Vlasova, an MQL5 author with over 2 years of experience. She has created several popular EAs, including Falcon Rig and Phoenix Rig, with Fenghuang Rig EA being her top-performing product.

Key Features

🔹 Auto SL & TP: Automatically sets clear Stop Loss and Take Profit for each trade.
🔹 Safe Trading: No Martingale, Grid, or Scalping — avoids high-risk strategies.
🔹 Smart Market Analysis: Uses clustering to detect different market conditions.
🔹 Pattern Detection: Finds hidden patterns to improve trade decisions.
🔹 In-Depth Data Insight: Analyzes data to uncover useful market relationships.
🔹 Broker-Friendly: Runs smoothly across different brokers and platforms.
🔹 Easy Setup: Quick and simple to install.

Fenghuang Rig EA MT4 Review

1. Fenghuang Rig EA Live Results:

Fenghuang EA is a fully automated trading robot built for steady, low-risk performance. Tested on a real account with 1:500 leverage, it delivered consistent profits over 14 weeks in 2024.

✅ Initial Deposit: $500
✅ Trading Duration: 14 weeks
✅ Total Growth: +158%
✅ Win Rate (Profit Trades): 100%
✅ Maximum Drawdown: 12.7%

2. Fenghuang Rig EA Backtest Results:

🔹Fenghuang Rig EA, tested on XAUUSD (Gold) with the M30 timeframe, shows a low-risk and consistent strategy. The backtest from Jan 7, 2021 to Mar 1, 2024 proves its strong and steady performance in realistic market conditions.

✅ Initial Deposit: $10,000
✅ Total Net Profit: $66,898
✅ Maximum Drawdown: 6.46%
✅ Win Rate (Profit Trades): 100%

Fenghuang Rig EA, tested on EURUSD with the M30 timeframe, shows strong results with low drawdown and steady growth. It’s a great choice for traders looking for a low-risk, long-term automated trading solution.

✅ Initial Deposit: $10,000
✅ Total Net Profit: $25,568
✅ Maximal Drawdown (Balance): 0.16%
✅ Maximal Drawdown (Equity): 6.56%
✅ Win Rate (Profit Trades): 99.13%

User Reviews and Feedback

Fenghuang Rig EA MT4 Setting

Installation Steps

1. Open MetaTrader 4 (MT4).

2. Go to File > Open Data Folder.

3. Navigate to:
   MQL4 > Experts and paste the .ex4 file of Fenghuang Rig EA.

4. Restart MT4 or right-click the Navigator panel and select Refresh.

5. Drag Fenghuang Rig EA onto your chart (Recommended: XAUUSD or EURUSD on M30 timeframe).

⚙️ Input Settings Overview

📌 Usage Recommendations

• Best pairs: XAUUSD (Gold), EURUSD

• Timeframe: M30 (30-minute chart)

• Account leverage: 1:500 recommended

• Run on VPS: For stable 24/5 operation

• Avoid overlapping: Run only one EA per chart and symbol to prevent conflicts

▶️ To Start Trading

1. Attach the EA to your chart.

2. Check that AutoTrading is enabled in MT4.

3. Click OK to launch the EA.

4. Monitor trades and adjust SL/TP or risk settings as needed.

In the Downloads folder, there are:

1. Experts:

✅ Fenghuang Rig EA v1.3_fix.ex4

2. Presets:

✅ Gold+Pair_very low risk.set
✅ Gold+Pair_Low risk.set
✅ Gold+Pair_Medium risk.set
✅ Gold+Pair_High risk.set
✅ Gold+Pair_Very High risk.set

>>> Reviewed by Micheal Elliot

Conclusion

Fenghuang Rig EA is a modern expert advisor that uses advanced machine learning to spot real market patterns and trends. It avoids risky methods like martingale, grid, or scalping, making it a safer choice. With built-in hard stop loss and take profit for every trade, it’s perfect for traders who want smart, data-driven trading with solid risk control.