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BONNITTA EA MT4 – Full Input Settings Analysis

BONNITTA EA - 1

BONNITTA EA - 1

Bonnitta EA is a professional expert adviser only created for MetaTrader 4, and only created to automate forex trading activity. Operating on a Pending Position strategy (PPS)-based operation and supported by an expertly designed proprietary algorithm for trading, it executes trades exactly. With the use of custom indicators, trendlines, and support/resistance levels, it uses a high-level method of making trading decisions. Backed by extensive testing over a full-scale 22-year historic database, its performance embodies high-level capability.

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BONNITTA EA - 1

General Settings

  • Automatic Lots: yes – EA automatically calculates lot size from balance in account
  • Money per AutoLot (0.01): 2000.0 – 0.01 lot for every $2,000 balance
  • Manual Lots: 0.01 – Used when automatic lotting is disabled
  • Max Symbols at Same Time: 1 – Trades one symbol only at a time
  • Symbol Max Buy/Sell Positions: 99 – up to 99 buy/sell orders per symbol are allowed
  • Symbol Max Buy/Sell per Day: 30 – Limit to 30 buy or sell transactions per day
  • Second Strategy: true – Second strategy is on

Timeframes and Trading Strategies

  • Entry Time Window: 4 Hours – Entry time window to H4
  • Reverse Position: false – Does not reverse on a losing trade
  • Take Profit (%): 3.0 – Closes the trade with 3% profit
  • Stop Loss (%): 0.0 – No SL as percentage points
  • Take Profit / Stop Loss ($): 0.0 – No TP/SL as USD value
  • Enable Trailing: false – Trailing stop off
  • Trailing Stop / SL (pips): 1000 – Values set but not being used as trailing has been disabled

News Filter Settings

  • Enable News Filter: true
    → Enables news filter feature.
  • Close Positions Before News: false
    → Avoids closing positions before news events.
  • Enable High News / Middle News: true
    → Avoids trading during medium and high-impact news.
  • Indent Before/After (medium/high news): 10–60 minutes
    → Avoids trading 10 minutes before medium news; 30 minutes before and after medium news;
    → 30 minutes before and 60 minutes after high-impact news.
  • OnlySymbolNews: true
    → Avoids only news on traded currency pairs.
  • New Check Currencies: EUR, GBP, USD, CAD, AUD, NZD, CHF
    → These currencies are monitored for any news events.

Key Takeaways

  • Advanced Strategy: Bonnitta EA deploys the Pending Position Strategy (PPS) with unique indicators, trendline analysis, and its proprietary trading algorithm to execute sophisticated trade decisions.
  • Multi-Asset Compatibility: Ranging from currency pairs to commodities and indices, Bonnitta EA effectively adapts to different markets for ensuring flexibility in terms of different asset classes.
  • User-Friendly Interface: Easy to operate for both novice and experienced traders, the interface provides ease of use. Novice or experienced, focus on strategy optimization as the EA handles complexity of execution.
  • Real-Time Performance Tracking: Stay informed and in the lead with real-time monitoring of your trading company to make adjustments in a timely manner for optimal performance.

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