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Ilan1[1].43.mq4 Forex Robot - Expert Advisor for LQDFX and FXOpen
Unleash the power of Ilan1[1].43.mq4, an advanced Forex EA designed for optimal trading performance. This Expert Advisor (EA) is your key to automated trading success, offering unparalleled precision and efficiency. Elevate your trading experience with this cutting-edge Forex Robot, meticulously crafted to deliver consistent results.
Tested on reputable brokers LQDFX and FXOpen, Ilan1[1].43.mq4 ensures compatibility and reliability. Maximize your profit potential with a proven EA that adapts to market conditions seamlessly. Experience the advantages of automated trading without compromise – download Ilan1[1].43.mq4 now and revolutionize your Forex journey.
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Thanks for sharing .. I was wondering if all this consultant. I would like to try.
I am a new member on this forum, please clarify how the expert advisor download anything from this forum, thanks
Ilan 1.43: Adaptive, Multi-Strategy EA
Ilan 1.43 Forex Robot uses aa range of strategies, including EMA crossover, money management, order management, ATR-based take profit, and a moving average filter. It adapts to market conditions by adjusting trade sizes and stop-loss levels.
Functionality Overview:
The EA uses Exponential Moving Averages (EMAs) for identifying trade entry points. Trades are executed based on the crossing of two EMAs, which can be customized in period and method.
It incorporates a comprehensive money management system, dynamically adjusting lot sizes based on account equity and predefined risk parameters.
The EA manages orders, including trade additions, trailing stops, and slippages, enhancing potential gains while limiting losses.
It utilizes Average True Range (ATR) for setting dynamic take profit levels. Incorporates a Moving Average filter to confirm trade signals, adding a layer of trend analysis.
It offers a time-out feature to close orders and an optional double MA filter for additional trade filtering.
Setup Guidance:
Download the .mq4 file for Ilan 1.43.
Place it in the 'Experts' folder of your MT4 platform directory.
Restart MT4 and find Ilan 1.43 in the 'Navigator' under 'Expert Advisors'.
Drag Ilan 1.43 onto your desired chart and configure the settings as recommended.
Adjustable Parameters:
TradeAtEMACross: Enable/disable trading at EMA cross (true/false).
EMATF1, EMAPeriod1, EMAMethod1, EMAPrice1: Settings for the first EMA (timeframe, period, method, price type).
Lots: Starting lot size.
RiskMM: Enable/disable risk management (true/false).
RiskPercent: Risk percentage per trade.
MaxTrades: Maximum number of trades to open.
PipStep: Distance in pips between orders.
Stoploss, TakeProfit: Stop loss and take profit in pips.
TrailStart, TrailStop: Trailing stop parameters.
Slippage: Maximum price slippage for buy or sell orders.
MagicNumber: Unique identifier for EA's orders.
ATRPeriod, XTimesATR: Parameters for ATR-based take profit.
Optimal Settings Recommendation:
Currency Pair: EUR/USD
Time Frame: 1-hour
Minimum Budget: $1000
EMAPeriod1: 50, EMAPeriod2: 100
Lots: 0.1
RiskPercent: 2%
MaxTrades: 5
PipStep: 20
Stoploss: 50 pips, TakeProfit: 30 pips
TrailStart: 15 pips, TrailStop: 10 pips
Slippage: 3
ATRPeriod: 14, XTimesATR: 3
Explanation of Winning Strategy Settings:
EMAPeriod1 & 2: Determines the sensitivity of the EMA cross strategy. Longer periods smooth out market noise but might delay entry.
Lots & RiskPercent: Balances between aggressive and conservative trading. Higher risk percent increases potential reward and risk.
MaxTrades: Limits exposure to the market.
PipStep: Ensures sufficient market movement before adding a new trade.
Stoploss & TakeProfit: Manages the risk-reward ratio.
TrailStart & TrailStop: Protects profits in volatile markets.
Slippage: Controls the execution quality in fast-moving markets.
ATRPeriod & XTimesATR: Adjusts take profit dynamically based on market volatility, capturing larger moves during high volatility while protecting gains.
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