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MUSTANG EURUSD H1 MT4 – Full Input Settings Analysis
Mustang EURUSD H1 is a top-tier Expert Advisor (EA) by Raphael Schwietering created for market traders seeking automated hedging on the MetaTrader 4 platform. Created specifically for the EUR/USD currency pair on the H1 timeframe, Mustang employs a breakout strategy supported by advanced money management and probabilistic analysis. Its design focuses on making trades at bar close, effectively eradicating market noise and shunning stop-loss hunting risks.
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Trading Strategy & Martingale
- MMType = 1 – Enables Martingale strategy
- LotMultiplikator = 1.6 – Multiplies lot for each losing trade by 1.6
- LotConst_or_not = true – Uses a fixed initial lot size
- Lot = 0.01 – Initial lot size for the first order
- Step = 70.0 pips – Step between successive trades in the Martingale sequence
- MaxTrades = 15 – Maximum number of trades in the Martingale sequence
Take Profit & Risk Management
- Take Profit = 30.0 pips – Target profit for the entire series of trades
- Risk Percent = 30.0% – Max allowable risk (only applicable if equity stop is enabled)
- Use Equity Stop = false – Equity stop loss disabled (high risk)
- Total Equity Risk = 20.0% – Not employed since equity stop is turned off
Other technical information
- Magic = 11111111 – Unique identifier to distinguish this EA’s trades from others
- ShowTableOnTesting = true – Displays the information table during backtesting