BIG FOREX PLAYERS EA MT4 – Full Input Settings Analysis

Big Forex Players EA is a computer trading software developed for the MetaTrader 4 platforms and created to overcome the complexity of the Forex market. It has been developed by Marzena Maria Szmit and is designed for wise traders to achieve maximum trading potential and minimize emotional bias. The EA uses a mix of four exclusive methods, including bank positions, three most used indicator-created positions, robot positions, and best forex signals service-created positions. The EA makes use of advanced indicators and real-time data for maximum trading strategies. The system developed over months and tested extensively before it was released.

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Key trading setups

• FixedLot = 0.0: Dynamic sizing is permitted on risk percentage basis, and lot size is not fixed.
• RiskPercent = 10: It is risking a maximum of 10% of the account equity per trade.
• BreakEvenTrigger / BreakEvenTo = 6.0 / 4.0: Stop Loss is moved to +4 pips when profit is 6 pips to lock a small profit.
• TrailingStopStep = 0.0: There is no trailing stop.
• TP / SL = 30 pips / 30 pips: Trades are 1:1 risk-rewarded.
• Max DD (%) = 100: Maximum allowed drawdown is 100%—extremely risky unless manual control.
• AdditionalSystem = true: Enables additional system for continuous logic processing.

Set up strategic logic

• OrdersStep = 12, OrdersStop = 25: The EA orders of a particular step and never adds new ones after 25 trades — like a martingale conservative strategy.
• SelectRisk = Medium: Sets the EA to trade at a middle risk level.
• tradeDirection = BuyAndSell: The EA is able to order both a buy and a sell, depending on the health of the market.

News Filter

• NewsFilter = true: Enables the news filter to inhibit trading on news-high impact events.
• doNotTradeBeforeInMinutes = 60: Stops trading 60 minutes before news release announcements.
• FindKeywords = ECB, FOMC, Fed, etc.: Stops using trades with these keywords as news.
• Report for USD, EUR = true: Applies the news filter only to USD and EUR currency news.

Key Takeaways

• Risk Management: EA possesses advanced features like Trailing Stop, Take Profit, and Stop Loss, which enable efficient control of risk and protection of profits to the maximum extent.
• Multi-Indicator Trading: The EA creates positions from popular indicators such as RSI, MACD, and Stochastic, each having predefined Take Profit (TP) and Stop Loss (SL) levels.
• Bank Trading: It involves methods that complement the investment fund and large bank positions, combining their research and analysis, and incorporating TP–SL levels for the positions.
• Notifications and Alerts: The EA makes use of the capabilities of MT4 to create alerts and notifications by means of email or SMS such that clients receive immediate notification of major market events.