CyberiaTrader MT4

CyberiaTrader — free community MT4 scalper | 2006 icon | M1 multi-currency

About CyberiaTrader MT4

CyberiaTrader is one of the oldest and most iconic free Expert Advisors in the MQL5/MQL4 community, first published in 2006. It is a professional multi-currency EA designed to trade on currency pairs with a spread of approximately 2 points on the M1 (1-minute) timeframe. The EA implements advanced trading technologies including: cross-currency analysis, automated lot calculation for preset exposure levels, multicurrency trading, automated search for the optimal modeling period, and automated correlation between Stop Loss values and market confidence coefficients. Despite its age, CyberiaTrader remains a widely studied and tested EA in the community — many traders use it as a foundation for understanding professional EA architecture.

Platform: MetaTrader 4
Price: Free (MQL5 Code Base)
Strategy: Multi-currency scalping on M1
Spread requirement: ~2 points (tight spread pairs)
Features: Cross-currency analysis, auto lot sizing, SL/confidence correlation
Published: 2006 — one of the oldest community EAs on MQL5
Source: mql5.com/en/code/8553

Key Features

✓ Free — available on MQL5 Code Base since 2006

✓ Multi-currency design — not locked to a single pair

✓ Automated lot sizing based on preset risk exposure

✓ Cross-currency correlation analysis — advanced for its era

⚠ Designed for 2-point spreads — modern brokers with variable spreads may not be compatible

⚠ This is an older EA (2006) — market conditions have evolved significantly; backtest carefully

⚠ Recommended for educational study and as a template, not necessarily live trading in current markets

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