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Makkat EA MT4 – Full Input Settings Analysis
MAKKAT EA is an Expert Advisor (EA) designed specifically for the MetaTrader 4 platform. It utilizes a trend-following strategy based on various technical indicators like relative strength, average true range, and stochastic oscillators . MAKKAT EA can be downloaded and used to assist in trading activities on the MetaTrader 4 platform.
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Input parameters
- MagicID: 1
Used to identify trades opened by this EA from manual or other EA opened trades. Each EA should have a unique MagicID for smooth monitoring of trades. - LOTS: 0.01
Fixed lot size per transaction is 0.01, the smallest normal lot size—ideal for safe trading or testing. - Risk: 0
This variable typically enables lot size calculation by percentage risk per trade. Since it’s 0, the EA is likely to be using a fixed lot size (as defined by the LOTS parameter) instead of dynamic risk-based sizing. - Max_Order: 15
Maximum number of simultaneous open trades is 15. This may indicate that the EA uses a martingale or grid strategy, and therefore careful risk management is advised to prevent over-risk exposure.
Key Takeaways
- Stop Loss: It terminates losing trades at pre-established stop-loss thresholds.
- Position Sizing: The EA modulates position sizes in response to heightened volatility or uncertainty.
- Risk Management: It dynamically adjusts to evolving market conditions to curtail drawdown magnitude.
- Trend Strategy: The EA discerns market trends utilizing the aforementioned indicators.