Blog

HERCULES GOLD EA MT4 – Full Input Settings Analysis

Posted by author-avatar
0
HERCULES GOLD EA - 1

HERCULES GOLD EA - 1

Hercules Gold EA is a powerful MT4 trading bot that trades major currency pairs based on its proprietary Hercules indicator. It will look at candlestick values, trends, and odds to calculate high-probability entry positions. This EA is appropriate for traders of all experience levels.

Buy HERCULES GOLD EA product hereHERCULES GOLD EA (1)

Trend Line & Candle ID

  • EMA 20: Uses the 20-period Exponential Moving Average to indicate trend direction.
  • Trend Line Candle: 100.0 – defines the candle range to calculate the trendline with.
  • Candle_ID_1: 2.0 – First reference candle ID for entry point.
  • Candle_ID_2: 1.0 – Second reference ID for a candle for verification.
  • Candle_ID_3: 1.0 – Third reference candle ID for validation purposes.

ATR, RSI & CCI

  • CCI Period: 7.0 – To be employed in CCI (Commodity Channel Index) calculation.
  • Sell Level (CCI): 15.0 – CCI level for selling conditions.
  • Buy Level (CCI): 85.0 – CCI level for buying conditions.
  • ATR Period: 96.0 – To be employed for calculation of Average True Range (ATR).
  • ATR Multiplier: 1.0 – To be employed as the ATR value multiplier for filtering volatility-based.
  • RSI Buy Level: 35 – RSI level for identifying the possible buy signal.
  • RSI Sell Level: 65 – RSI level for the possible sell signal.

Hercules indicator settings

  • Donchian Channel (DC 1): 2 – Donchian Channel period definition.
  • Bollinger Bands Period (BS 1): 35 – Any preferred Bollinger Bands period or any other custom EA-specific setting.
  • NNDS: 35 – EA internal parameter (may be a function of number of candles to scan).
  • Standard Deviation 2 (SDV2): 14.0 – Second standard deviation value used in the calculation.
  • DS 1: 35.0 – Internal parameter, possibly signal filtering or dynamic scaling.
  • SD: 0.001 – Within setting, maybe lot step or little change of deviation.

Capital and profit management

  • Auto Lot: 2.0 – Supports automatic lot sizing, 2.0 as the default.
  • Profit %: 8.0 – Take profit is set according to 8% profit target.
  • Trailing Take Profit (Trailing_TP): 8.0 – Triggers trailing take profit if this percentage is reached.
  • Trailing Step: 0.1 – Tiny incremental step for trailing stop to be modified.

Link to buy HERCULES GOLD EA

Newer
HERMES EA MT4 – Full Input Settings Analysis
Back to list
Older HERCULES AI EA MT4 – Full Input Settings Analysis