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Catarina Devon EA MT4 – Full Input Settings Analysis

Catarina Devon is an MT4 EA which will automate trading by executing orders based on any indicator you prefer. It executes buy/sell orders, features trailing, and closes orders wisely on reversal signals or when profit levels are achieved, so you never miss significant trading signals.
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Catarina Devon EA

Catarina Devon EA

Catarina Devon EA

Catarina Devon EA
General Settings
- Combine: False
Shuts off combined strategy mode
- Magic Number: 341296
Special number used to locate this EA‘s trades
- % Risk: 2.0
Risk per trade as a percentage of account balance
- Fixed Lots: 0.01
Minimum lot size used for each order
- Auto SL by ATR: False
Uses a fixed stop loss instead of ATR-based stop loss
- Risk Reward Ratio: 2.5
Take profit is 2.5 times the stop loss
- Max Orders Buy/Sell: 5 each
Restricts the quantity of buy and sell orders simultaneously
- Exit Mode: Trend and reverse signal
The trades are exited whenever a reversal signal is confirmed by the trend
Lottery System
- Increase Lots When SL Hit: False
No lot size increase on a stop loss
- Lots Multiplier: 2.0
Doubles the lot size when running
- Money Multiplier: 1.5
Increases position size by the amount of lost money
- Trailing Mode: Money Trailing
Uses profit in currency value to trail stop loss
Key Features
- Manual and Automatic SL/TP Options – Offers static Stop Loss and Take Profit levels, with stop loss based on ATR as optional, and trailing money target as optional.
- Modular Grid/DCA System (Optional) – DCA logic integrated with pip distance and rate multiplier as parameters to be customized.
- Martingale-Like Lotto Mode (Optional) – Integrates a multiplier mechanism triggered after Stop-loss (SL) events with another trailing-money feature for players with high-risk profiles.
- Multi-Layer Stop-Loss Strategy – Supports ATR-based trailing and pip-based trailing with variable initial trigger, step, and SL levels.