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EA INNOVATIVE PRO MT4 – Full Input Settings Analysis
EA Innovative PRO is a Forex automated EA for MetaTrader 4 that applies three adaptive algorithms to analyze real price action, remove market noise, and choose the optimal strategy based on existing market conditions. It was backtested with 99.9% model quality and real tick data and passed stress testing in real commission and slippage. It also includes integrated risk management of breakeven and trailing stop for profit protection and performance optimization.
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Trade Setup & Risk Management
- Order Type: Buy and Sell – Both directions trading permitted
- Money Management (MM): yes – Automatic lot sizing on the basis of risk permitted
- Risk per Trade: 10.0 – Traded 10% of the account on every trade
- Fixed Lot: 0.1 – Fixed lot size when MM is disabled
- Max Spread: 20 points – Max spread which can be accepted is 20 points
- Slippage: 10 points – Max acceptable price slippage on order entry
- Magic Number: 1122334455 – EA exclusive trade number
- Take Profit: 1000 points – Take profit of 1000 points (100 pips)
- Stop Loss: 200 points – Stop loss of 200 points (20 pips)
- Smart Stop Loss: true – Smart stop loss on
- Smart SL Level: 1 – Smart SL level of 1
- Step Distance: 90 points – Step distance of 90 points
- Follow Multiplier: 4 – Multiplies step distance per new trade
- Reverse Factor: 2 – Multiplier for reverse transactions in certain strategies
Advanced Order Management & Capital Protection
- Break Even (move SL to breakeven): true – Enables breakeven trading
- Breakeven Trigger: 20 pips – SL is moved to entry point when profit reaches 20 pips
- Breakeven Extra Buffer: 10 pips – SL is moved 10 pips above entry on breakeven
- Trailing Stop: true – Enables dynamic Stop Loss trailing
Trailing Start: 30 pips – Trailing will be turned on when profit reaches 30 pips - Trailing Step: 50 pips – SL renewed each 50 pips of profit
- Slippage Protection: false – Risk protection turned off
- Slippage Scale: 6 – Slippage sensitivity parameter (fixed value)
- Slippage Step Factor: 3 – Slippage step scaling factor
- Trade Info Panel: true – Display trade info panel on screen (handy in backtesting)
Key Takeaways
- Smart Strategy: Utilizing three adaptive strategies—no martingale, grid, or arbitrage—secure and stable trading.
- Extensive Testing: Tested with 99.9% of tick data and extensively stress-tested in normal market conditions.
- Trade Execution: Has pending orders, always stops loss, and accepts small deposits.
- Broker Compatibility: Suitable for all brokers, and with low-spread ECN or Pro accounts highly optimized.