Powerful Forex Robot - MTF Has Original 520 EA for MT4

Unlock the potential of your trading with the MTF Has Original 520 Expert Advisor (EA), a cutting-edge Forex Robot designed to optimize your trading strategies. This EA, coded as "mtf-has-original520.mq4," has been rigorously tested on brokers such as LQDFX and FXOpen, ensuring compatibility with a wide range of platforms. Elevate your trading experience with this versatile EA, your key to enhanced performance in the dynamic world of Forex. Explore the possibilities and take your trades to new heights with the MTF Has Original 520 EA.

robot generally are useless why is this one any better ok

Share

Facebook Twitter Print Pinterest Gmail Email App

This EA has some solid potential, especially if you know your way around MetaTrader. The interface is straightforward, and the settings are relatively easy to configure. It seems to handle different currency pairs smoothly, and I've seen some consistent results with it.

Share

Facebook Twitter Print Pinterest Gmail Email App

Discover MTF-HAS-ORIGINAL520 EA!

MTF-HAS-ORIGINAL520 EA uses multiple timeframes (MTF) to find the perfect moments to buy or sell, making it a dynamic trading companion. You can adjust parameters like lot size, take profit, and stop loss to fit your trading style.

How this EA works:

MTF-HAS-ORIGINAL520 EA keeps an eye on different timeframes to spot color changes in the indicator. When the stars align and colors match up, it gives you a signal to buy or sell.

Simple, right?
Here's how to get started:

Download the mq4 file for MTF-HAS-ORIGINAL520 EA.
Open your MetaTrader 4 platform.
Go to 'File' > 'Open Data Folder' and navigate to the 'MQL4' folder.
Inside 'MQL4', create a folder named 'Experts' if it doesn't exist.
Place the downloaded mq4 file in the 'Experts' folder.
Restart your MetaTrader 4 platform.

Now, you'll find MTF-HAS-ORIGINAL520 EA in the 'Navigator' panel under 'Expert Advisors.'

Adjustable Parameters:

EnterSet: A separator for the "Enter" settings section.
Mtf1Change: Toggle to enable or disable MTF1 color change as a signal.
Mtf2Accord: Toggle to consider MTF1 and MTF2 color accord for a signal.
Mtf3Accord: Toggle to consider MTF1, MTF2, and MTF3 color accord for a signal.
Mtf4Accord: Toggle to consider MTF1, MTF2, MTF3, and MTF4 color accord for a signal.
Lots: The lot size for each trade, determining the amount you invest per trade.
TakeProfit: The level at which the EA will automatically close a trade to secure profits.
StopLoss: The level at which the EA will automatically close a trade to limit losses.
ExitSet: A separator for the "Exit" settings section.
exitMtf1Change: Toggle to enable or disable MTF1 color change as an exit signal.
exitMtf2Accord: Toggle to consider MTF1 and MTF2 color accord for an exit signal.
exitMtf3Accord: Toggle to consider MTF1, MTF2, and MTF3 color accord for an exit signal.
exitMtf4Accord: Toggle to consider MTF1, MTF2, MTF3, and MTF4 color accord for an exit signal.
MaMetod: The method used for calculating the Moving Average (MA) on the chart.
MaPeriod: The period or number of candles used for the MA calculation.
MaMetod2: Another method used for calculating a second Moving Average on the chart.
MaPeriod2: The period or number of candles used for the second MA calculation.

Optimal Settings:

Currency Pair: EUR/USD
Minimal Balance: $1,000
Time Frame: 15 minutes
Enter Settings:

Mtf1Change: True
Mtf2Accord: True
Mtf3Accord: False
Mtf4Accord: False
Lots: 1
TakeProfit: 30 pips
StopLoss: 30 pips

Exit Settings:

exitMtf1Change: False
exitMtf2Accord: True
exitMtf3Accord: False
exitMtf4Accord: False

Moving Average Settings:

MaMetod: Exponential
MaPeriod: 6
MaMetod2: Simple
MaPeriod2: 2

These settings provide a good starting point for using the EA with the aim of capturing profitable trades in the Forex market. Feel free to experiment with other currency pairs and time frames to see what works best for you!

Winning Strategy Settings:

Stick to the EUR/USD currency pair, start with a minimal balance of $1,000, and set your time frame to 15 minutes. These settings have proven to be effective for capturing profitable trades.

If you have a minimal balance of $100 USD, you may want to adjust the EA settings accordingly to manage your risk effectively.

Here are suggested settings:

Currency Pair: EUR/USD
Minimal Balance: $100
Time Frame: 15 minutes

Enter Settings:

Mtf1Change: True
Mtf2Accord: True
Mtf3Accord: False
Mtf4Accord: False
Lots: 0.01 (This is the smallest lot size, often referred to as a micro lot, suitable for a $100 balance)
TakeProfit: 10 pips (Adjusting to a smaller value to match the lower balance)
StopLoss: 10 pips (Also adjusted for a lower balance)

Exit Settings:

exitMtf1Change: False
exitMtf2Accord: True
exitMtf3Accord: False
exitMtf4Accord: False
Moving Average Settings:

MaMetod: Exponential
MaPeriod: 6
MaMetod2: Simple
MaPeriod2: 2

These adjusted settings are more conservative to better suit a $100 USD balance, reducing the lot size and adjusting take profit and stop loss levels accordingly. Please note that trading with a lower balance carries higher risk, so it's important to manage your trades carefully and consider using a demo account to practice first.

Share

Facebook Twitter Print Pinterest Gmail Email App