FOREXMADO EA MT4 – Full Input Settings Analysis

ForexMado EA is a robotic trading expert advisor that is specifically engineered to achieve the highest Forex profits at minimal risk. It is exclusively committed to the US30 and DE40 currency pairs and offers consistent daily profits as well as trades automatically within certain market time. A completely automated trading system engineered to achieve substantial returns, ForexMado EA promises at least $150-$200 daily on a $500 account with a maximum drawdown of only 1%.

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Main transaction parameters

• VirtualTakeProfit: true — Use virtual TP to hide profit target from broker.
• VirtualStopLoss: true — Use virtual SL in an attempt to discourage stop-hunting by the market.
• AutoTakeProfitAll: true — Take profit automatically on all available trades.
• AutoTargetMoney: true — Take target money automatically to an intended daily profit level.
• AutoStopLossMoney: true — Stop trading automatically when daily cumulative losses hit a certain figure.
• AutoLotSize: true — Automatically calculate lot size from risk settings.
• Risk: 1.0 — Risk size as a percentage of account balance.
• Max_Lot: 60.0 — Broker’s maximum trade lot size.
• DayTargetMoney: 5000.0 — Daily profit target (in account currency).

Set up a transaction

• MaxOrderBuy / MaxOrderSell: 10000 — Maximum number of buy/sell orders allowable.
• PendingDistance: 7 — Units to set price for pending orders.
• pStep: 899 — Price step with each new order.
• MFI_Period: 5 — MFI indicator setting period.
• BuyWhenMFIBelow: 65 — Sell buy orders when MFI is below this value.
• SellWhenMFIAbove: 35 — Sell sell orders when MFI goes up above this value.
• MFI_Overbought_Value: 75.0 — MFI value that indicates overbought values.
• MFI_Oversold_Value: 25.0 — MFI value indicating oversold position.

Strategies and indicators

• useMFI14_Exit: 1 — Use exit signal as a function of 14-period MFI indicator.
• MFI_Exit_Period: 14 — Period of MFI for exit conditions.
• EMA Period / EMA Shift: 13 / 2 — Exponential Moving Average period and shift for trend identification.
• StepParabolic: 0.02 — Parabolic SAR step size.
• MaxParabolic: 0.2 — Max Parabolic SAR step size.
• useMaAngleFilter: true — Use MA angle filter to verify trend direction.
• TrendTimeFrame: 5 — Timeframe over which the trend is being tested (in minutes or according to chart setting).
• CurShift: 54 — Bar shift or index for comparison of current data (may be used for run-time or backtesting rule).

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