MT4-First step

The Expert Advisor is easy to use. The EA operating principle is to start active trading, to open several orders in different directions and to close them by averaging.

Advantages

1. Easy to use.
2. Reasonable price.
3. Customer support.
4. Works with any signal delay and any spread value.
5. Trades using pending BuyStop and SellStop orders.

Recommendations

1. It is recommended to stop the Expert Advisor operation during important news releases.
2. The EA is recommended for use on one of the major currency pairs.
3. It is recommended to use default inputs.
4. The M1 timeframe is recommended.

Configurations

1. Martingale - lot multiplier.
2. Orders - the maximum number of pending Buy Stop and Sell Stop orders.
3. Step - the distance between pending orders in chart points.
4. TakeProfit - take profit level in chart points.
5. StopLoss - stop loss level in chart points.
6. Profit - the total profit value of orders with the same Buy or Sell direction. When this value is reached, these orders will be closed.
7. Magic - order magic number.

Recommended input values

• Lot = 0.01 ;
• Orders = 4;
• Step = 0.003;
• TakeProfit = 0.1;
• StopLoss = 0.1;
• Profit = 10;
• Martingale = 1.2;
• Magic = 123;

Important: for currency pairs having 2 or 3 decimal places (e.g.: USDJPY, XAGUSD, XAUUSD etc.) the following settings are recommended:

• Lot = 0.01 ;
• Orders = 4;
• Step =0.3;
• TakeProfit =10;
• StopLoss= 10;
• Profit = 10;
• Martingale = 1.2;
• Magic = 123;

My signals: https://www.mql5.com/en/users/ilya43/seller

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