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Powerhouse EA MT4 – Full Input Settings Analysis
Powerhouse EA is a professional consultant that puts six automatic strategies together into one trading bot, designed to trade on the MetaTrader 4 platform. It consolidates the EVA, Sharpshooter, Comeback Kid, Ranger, Vigorous, and Crackerjack strategies into one EA so that they can trade from one EA. All six strategies put together can watch one another’s trades and prevent overtrading. The EA can earn an estimated 2-4% per month.
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TRADE SETTINGS
- Risk Mode: Medium, sacrificing potential gain for controlled drawdown
- Commission per Lot: 0.0, trading with a zero-commission broker
- Hidden Take Profit: Triggered so the TP is not visible to the broker to avoid interference
- Randomize Entry Price: Disabled, it uses a fixed entry price unless enabled for more variation
- Randomize Point Deviation (Min/Max): 5 to 50 points, bringing in minor variability in TP and SL to discourage pattern recognition of trade
NEWS FILTER
- Enable News Filter: Currently disabled; trading is unrestricted during news events.
- News Source: Set to Investing.com by default when the filter is activated.
- High Impact News Block: Enabled; trading would pause one hour before and after major news releases if the filter were turned on.
- Low/Moderate News Block: Disabled; no restrictions apply for low to moderate impact news events.
Key Features
- The EA offers high trade stealth by hiding take profit levels and adding random deviations to avoid broker interference.
- It includes an optional news filter to block risky trades during important news events, though this feature is off by default.
- A drawdown guard protects your account by stopping all trading if equity falls by 15%.