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BRILLIANT PRO EA MT4 – Full Input Settings Analysis
Brilliant Pro EA is a great Expert Advisor (EA) specifically for serious Forex traders that is fully compatible with the MT4 trading platform. Both professional and beginner traders will find it suitable, as Brilliant Pro EA allows easy and accurate trading on the very same MT4 platform with easy and easy-to-use interface and no DLL installation problems. Enjoy non-stop performance and trading convenience at your fingertips with Brilliant Pro EA.
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Install main EA
- EA Mode: Start
→ Enables EA trading mode. - EA Method: Two-Way Averaging
→ Performs two-way averaging strategy (opens both Buy and Sell orders). - Power (Max = 10): 10
→ Maximum trading power (alters order aggressiveness or frequency). - Difference (-1): 4
→ Average positions are 4 pips or points apart. - Lots: 0.002
→ Initial trade lot size is 0.002. - Multiplier (0 = default): 0.0
→ Lot multiplier is 0 (presumably default or no lot multiplier between trades). - Range (0 = default): 0.0
→ Trading range is 0 (maybe disabled or utilizes default range). - TP (0 = default): 0.0
→ No fixed Take Profit applied; dynamic TP mode instead. - TP Dynamic: true
→ Enables the dynamically calculated take profit by the EA logic. - Cut Loss ($): 0.0
→ No fixed dollar stop loss applied.
Risk & Volume Management
- Compound: true
→ Activates compound interest mode (compounding profits). - Risk Compound (% Balance): 100.0
→ Risk 100% of account balance – extremely high and extremely risky. - Number Of Pairs Used: 1
→ EA only trades one currency pair. - Lots (% Risk Compound): 0.0002
→ Lot size in accordance with the compound risk percentage of the account balance. - Safe Mode (% Balance): 5.0
→ Restricts risk to 5% of the account balance for safety. - Stop Mode (% Balance): 10.0
→ EA will close all trades when the loss is 10% of the account balance.
Trading time and conditions
- Difference +: 4
→ Spacing of opposite direction counter-position is 4 pips/points. - Following Time Frame: 1 Hour
→ Duration of follow-up trades is 1 hour (H1). - Max Spread: 3
→ Highest allowable spread is 3 pips/points. - Slippage: 3
→ Highest allowable slippage while placing order is 3 pips. - Magic Number: 2021
→ EA number used for recognizing its trades from others.
Key Takeaways
- EA Brilliant Pro, being among the most efficient Expert Advisors to use with MetaTrader 4, makes trading easy for newbie and professional traders on various currency pairs and timeframes.
- Through its smooth trade execution within the MT4 platform, it provides uncomplicated performance and a more efficient trading process, removing the hassle of DLL setup.
- Operating 24/5 completely autonomously, it offers a minimum deposit of $1000 and is optimal for full efficiency to use in conjunction with a VPS.