Eternal Engine EA MT4 – Full Input Settings Analysis

Eternal Engine EA is a MetaTrader 4 automated trading compatible Expert Advisor (EA). The sophisticated EA employs a range of metrics and methods, giving traders an entirely automated trading tool. The EA identifies all forms of trading opportunities maximally, is immune to price fluctuations, and employs precise entry points in an effort to open every trade perfectly.

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Strategy Settings

• Multiple symbols list: (empty) – No pairs established to trade yet. Use “.” to represent dummy symbols if needed.
• Max symbols per direction: 1 – Max of 1 symbol per trade direction (Buy/Sell).
• Takeprofits, in pips: 100 – Take Profit = 100 pips.
• Trade Opportunity: MediumHigh – Trade opportunities of medium-to-high probability.
• Stoploss, in pips: 6000 – Extremely large Stop Loss (6000 pips) – essentially a “no real SL” strategy.
• No new symbols drawdown percent%: 10 – EA does not make new symbols when drawdown is 10%.
• Enable drawdown close all?: false – Auto-close all on drawdown is not activated.
• Drawdown percent% close all: 100 – Would close all trades when the drawdown is 100%, but this feature is not activated.
• Max spread: 100 – Max spread allowed is 100 points (10 pips) – very loose, essentially no limit.
• Max slippage: 10 – Max slippage allowed is 10 points.

Volume Setting

• Lot-sizing Method: Dynamic Balance Lot – EA auto-calculates lot size based on account balance.
• Fixed Lot: 0.01 – Applied fixed lot size when auto-lot mode is turned off.
• Auto Lot Based on Balance: 500.0 – Opens 0.01 lot for each account balance of $500.

Grid Settings (Martingale/Recovery)

• 2nd Trade Multiplier: 1.0 – Second trade is of same lot size as the first.
• 3rd–5th Trade Multiplier: 1.5 – Trades 3 to 5 employ 1.5× the prior lot size.
• 6th Trade Multiplier: 2.0 – After the 6th trade, the lot size is doubled.
• Trade Distance (in pips): 350 – Martingale trades are spaced out by 350 pip distance.
• Max Positions (direction): 10 – Most 10 positions in each direction (Buy or Sell).

Other Settings

• Set background theme?: true – Enables EA background theme (does not alter MT4 interface appearance).
• No new trades after close all: false – Allows new trades after closing all existing positions.
• Magic: 114 – An EA magic number used in the management of the trades and avoiding conflicts with other individuals.
• Comment: Eternal Engine EA – Comment label for the trades opened by the EA.