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GPLUS EA MT4 – Full Input Settings Analysis
GPlus EA is a complex expert advisor (EA) carefully designed for use on the MetaTrader 4 (MT4) trading platform. GPlus EA has one purpose of maximizing trading strategy in the XAU/USD (Gold) currency pair and unleashing smart algorithms that scan the dynamics of gold trading down to the smallest detail.
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Time Settings
- Use Time: true
Enables time-based trading restrictions. - Start Hour: 01
EA starts trading from 01:00 (server time or GMT, depending on configuration). - End Hour: 22
EA stops opening new trades at 22:00.
Trading Strategy / Order Parameters
- First Lot: 0.06
Initiate volume in transactions is 0.06 lots. - Distance Between Orders: 10
Minimum grid order spacing is 10 pips. - Pip Step: 10
Every next order in the sequence is opened 10 pips apart. Presumably used in a grid or martingale system.
Key Takeaways
- Consistent Profitability: It is known for its steady performance, with a history of consistently showing profits.
- Advanced Risk Management: Has advanced algorithms to optimize capital protection and profit maximization.
- Easy To Use: Simple to use, simple to install and set up, convenient to all levels of trader.