MONOPOLIST MT4 – Full Input Settings Analysis

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Set trading time and signals 

• General Settings:
  • Use Logo = true – Displays the EA’s logo on the chart
  • Use Time Filter = true – Enables time-based trading
• Trading Schedule:
  • Start Trade Time = 03:00 – Begins trading at 3:00 AM
  • End Trade Time = 23:00 – Stops trading at 11:00 PM
  • Monday Start Time = 06:00 – Starts trading at 6:00 AM on Mondays
  • Friday End Time = 21:00 – Stops trading at 9:00 PM on Fridays
• Signal Settings:
  • Signal Strength = 7 – Represents the required signal strength (exact logic not defined)
  • Accumulation = 2 – Possibly indicates the number of signal confirmations required
  • Signal Factor = 0.025 – Multiplier used in signal strength calculation
  • Signal Factor Period = 12 – Period used to evaluate signal strength
  • Adapting = 3.5 – Level of dynamic adjustment (likely affects lot size or signal filtering)

Order placement and trailing stop strategy

• Signal & Entry Settings:
  • Use API Signal = true – Enables trade signals from an external API (possibly a private signal server)
  • Use Pending Orders = false – Executes trades using market orders only
  • Use Pending Order Trailing = false – Trailing not applied to pending orders
• Pending Order Settings (inactive due to pending orders being disabled):
  • Pending Open Level = 14 – Not applied (pending orders disabled)
  • Pending Trailing Step = 5 – Applies only if pending trailing is enabled
• Stop Loss & Take Profit:
  • Stop Loss = 144 points (~14.4 pips) – Fixed SL level
  • Stop Loss Corrector = 0 – No automatic SL adjustment
  • Take Profit = 378 points (~37.8 pips) – Fixed TP level
• Trailing Stop Settings:
  • Trailing Start = 15 points – Trailing begins when profit reaches 15 points
  • Trailing Stop = 10 points – SL is trailed at a 10-point distance
  • Trailing Step = 5 points – SL is adjusted every 5 points in profit

Capital Management & Risk Control

• Money Management Settings:
  • Fixed Lot = 0.01 – Used when Auto Money Management is disabled
  • Use AutoMM = true – Enables automatic lot sizing
  • AutoMM Value = 5.0 – Trades 0.01 lots for every $500 in account balance
• Trade Execution Settings:
  • Max Spread = 6.0 points (~0.6 pips) – Maximum allowed spread to open a trade
  • Slippage = 3 points – Maximum allowed price slippage
• Trade Identification:
  • Magic Number = 3341 – Unique identifier for the EA’s trades
  • Order Comment = “Monopolist” – Custom trade label for tracking or analysis

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