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MIFX EA MT4 – Full Input Settings Analysis

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Trading Strategy & Operational Logic
- Use_TradeAgain: Value uncertain (description provided)
If true, the EA will continue to trade after it completes a cycle. If false, it will not trade. - TradeAgain: true
Enables the EA to continuously loop its trade cycle. - Use_Loop: Value uncertain
Defines whether the EA employs a limited number of trade loops. - Loop: 10000
If Use_Loop is enabled, the EA can loop its trading cycle up to 10,000 times. - StartTrade → EndTrade: 2 → 24
The EA can only trade between hours 2 and 24 (server time).
Capital management & order volume
- Use_DblLots: true
Enables the lot doubling feature (Martingale mode). - Use_MM_Auto_Lot: true
Enables automatic lot size management based on risk. - Lot_Risk: 0.9
Approximate risk per trade is 90% of account balance. Use with caution, as this is very high risk. - Smallest_Lot: false
Does not force the EA to use the minimum lot size. - DblLots: true
Enables lot doubling — functions exactly the same as Use_DblLots. - Lots: 0.01
If auto lot sizing is disabled, the EA will trade at a fixed lot size of 0.01. - LotsDecimal: 2
Specifies the number of decimal places for lot calculation (e.g., 0.01, 0.02, etc.).
Set take profit, stop loss & order sequence
- SL: 0
No Stop Loss is used — this is high risk. - TP: 15
Take Profit is 15 points (which is 1.5 pips). - Distance: 49.0
Distance between Martingale orders is 49 points. - Multiplier: 2.5
Each following order is 2.5 times bigger in lot size — very risky if the market moves against the position. - MaxLevel: 19
The EA will open up to 19 Martingale levels — i.e., it will be able to place a sequence of up to 19 consecutive trades with increasing lot sizes. - MagicNumber: 140385
A special number used to distinguish this EA’s trades from other trades. - MoneyPerLot: 1.7
Can be utilized for automatic calculation of lot size based on account balance (risk management related).