Blog
ILLUMA FUNDING EA MT4 – Full Input Settings Analysis
Illuma Funding EA is a highly specialized automated trading system developed to assist traders in successfully passing prop firm challenges. Designed for the MetaTrader 4 (MT4) platform, this Expert Advisor (EA) integrates a hybrid strategy that combines Martingale and Scalping techniques, aiming to maximize profit potential while managing risk effectively. The Illuma Prop Firm EA is suitable for both novice and seasoned traders, offering versatility and adaptability in forex trading. Its unique strategy is renowned for delivering consistent profits with minimal risk, making it a powerful tool for traders looking to optimize their trades efficiently in dynamic market conditions.
Buy ILLUMA FUNDING EA product here
Trade settings & risk management
- EA Mode: Forex – Designed specifically for Forex trading.
- Account Type: Personal Account – Designed for personal retail traders only (not for prop firms or fund management).
- Risk Management: Normal – Has a balanced risk approach, not too conservative or too aggressive.
- Trade Management (SL/TP/Trailing/BE): Auto – The EA automatically handles all significant trade management features (Stop Loss, Take Profit, Trailing Stop, and Breakeven) based on its in-built strategy optimized.
Install trading sessions & news
- Trading Session: London Session – The EA only trades during the London session, taking advantage of high volume and high market volatility.
- Show Entries on the Chart: true – Entry points are displayed right on the chart, handy for tracking and assessing strategy performance.
- High Impact News Filter: true – The EA will not trade during high-impact news announcements (e.g., red folder news) in order to reduce risk.
- NFP Trading: true – Allows trading on Non-Farm Payroll (NFP) days, despite high volatility.
- Transfer Data to Website: true – The EA ships data (maybe trade performance or logs) back to the developer website for monitoring purposes.
Licensing & Support Information
- License Number: #133714 – Your personal EA license code number.
- License Status: Active – The license is active and in good standing.
- License Expiry: Lifetime – This is a life-time license with no expiration date.