Optimize Your Trading with ilan1[1].41 sl Forex Robot - Tested on LQDF

Unlock trading potential with ilan1[1].41 sl.mq4, a powerful Expert Advisor (EA) designed for success in the forex market. This Forex Robot executes precise strategies, ensuring efficient and profitable trades. Trust in ilan1[1].41 sl.mq4 to navigate the complexities of the market with ease.

Experience the benefits of automated trading as ilan1[1].41 sl.mq4 expertly manages trades on renowned brokers LQDFX and FXOpen. Elevate your trading journey with this reliable EA, meticulously crafted for optimal performance.

Maximize your gains with ilan1[1].41 sl.mq4, the go-to Forex EA for traders seeking consistent results. Download now and witness the difference in your trading strategy. Boost your forex success with ilan1[1].41 sl.mq4 - your key to profitable trading on MT4Talk!

Download ilan1[1].41 sl Forex Robot-Dynamic Market Navigator

Ilan1.41 operates on a martingale strategy, increasing the trade size after losses. It places either buy or sell orders based on market trends, using moving averages as indicators. The EA adjusts its orders dynamically based on the average opening price and overall market conditions.

Ilan1.41 starts by assessing the market trend using moving averages. Depending on the trend direction, it places either buy or sell orders. If a trade loses, the EA increases the size of the next trade according to a predefined multiplier (LotExponent). It incorporates various features like trailing stops, time-outs, and equity stop for risk management. Additionally, it can automatically adjust take profit levels based on the ATR indicator.

Setup Guidance:

Download and install Ilan1.41 EA on your MT4 platform.
Attach it to the desired currency pair chart.
Ensure your account is funded adequately to handle the increased trade sizes in case of consecutive losses.

Adjustable Parameters:

Lots: Base size of the trades.
LotsDigits: Determines the format of the lot size (micro, mini, standard).
MMType: Type of money management to use.
LotExponent: Multiplier for the lot size, used mainly in a martingale strategy.
UseEquityStop: Enables or disables the equity stop feature.
TotalEquityRisk: The percentage of equity that can be risked before stopping.
MaxTrades: Maximum number of concurrent trades allowed.
UseClose: Determines whether to close trades.
UseAdd: Enables adding to positions.
PipStep: Minimum pip distance between trades.
Stoploss: The stop-loss value in pips.
TakeProfit: The take-profit value in pips.
TrailStart: The value in pips where trailing stop starts.
TrailStop: The trailing stop value in pips.
UseTrailingStop: Enables or disables the trailing stop feature.
UseTimeOut: Enables or disables the timeout feature for trades.
MaxTradeOpenHours: Maximum time in hours a trade can stay open.
Slippage: Maximum price slippage for trades.
MagicNumber: Unique identifier for the EA's trades.
CloseAtMaxOrders: Determines whether to close trades when maximum orders are reached.
MaxOrders: Maximum orders for closing.
DoubleMAFilter: Enables or disables the Moving Average filter.
MAPeriod1: Period for the first Moving Average.
MAMethod1: Method for the first Moving Average.
MAPrice1: Applied price for the first Moving Average.
MAPeriod2: Period for the second Moving Average.
MAMethod2: Method for the second Moving Average.
MAPrice2: Applied price for the second Moving Average.
AutoATRTP: Enables or disables automatic ATR-based take profit.
ATRPeriod: Period for the ATR indicator.
XTimesATR: Multiplier for the ATR value in determining take profit.

Optimal Settings:

Lots: 0.1
LotsDigits: 2
MMType: 1
LotExponent: 1.667
UseEquityStop: false
TotalEquityRisk: 20
MaxTrades: 10
UseClose: false
UseAdd: true
PipStep: 30
Stoploss: 500
TakeProfit: 10
TrailStart: 10
TrailStop: 10
UseTrailingStop: false
UseTimeOut: false
MaxTradeOpenHours: 48
Slippage: 3
MagicNumber: 1234
CloseAtMaxOrders: false
MaxOrders: 100
DoubleMAFilter: false
MAPeriod1: 5
MAMethod1: 0
MAPrice1: 0
MAPeriod2: 24
MAMethod2: 0
MAPrice2: 0
AutoATRTP: false
ATRPeriod: 14
XTimesATR: 3

Winning Strategy Settings:

Use a small initial lot size to minimize risk.
Set LotExponent to 1.667 for moderate trade size increase after losses.
Apply a maximum trade limit of 10 to control exposure.
Employ a conservative pip step of 30 and a significant stop loss of 500 to accommodate market volatility.
It's crucial to have a substantial budget, preferably above $1000, due to the potential for large drawdowns with this strategy.

Ilan1.41 is designed for traders comfortable with high-risk strategies, particularly those involving martingale techniques. The EA's success hinges on effectively balancing risk and adapting quickly to market changes.

Share

Facebook Twitter Print Pinterest Gmail Email App