Blog
R FACTOR EA MT4 – Full Input Settings Analysis
R Factor EA is a Forex trading Expert Advisor (EA) with a multi-strategy approach to trading with a focus on market cycles. It is designed to exploit the cyclical nature of markets through a proprietary dynamic portfolio management system in conjunction with defined stop loss and dynamic take profit levels on all trades.
Buy R FACTOR EA product here
Initial Settings
- Magic Number: For distinguishing manual or EA-executed trades from EA-executed trades.
- Symbols: Support for multi-pair trading (EURUSD, GBPUSD, USDCHF, EURGBP, AUDUSD, USDJPY).
- Trading Time Range: Disabled – operates the EA continuously 24/5.
- One Chart Setup: Disabled – must be attached to all charts.
- Market Orders: Enabled – executes direct market orders.
- Phase Trading: Enabled – trades are divided into 3 timed phases.
- Delete Pending Before Weekend: On – ensures safety through deleting pending orders before the weekend.
Signal Analysis and Filtering Strategy
- Range 1 & 2: Establish price fluctuation zones using Deviation, Shift, and End parameters.
- JMA (Jurik Moving Average): Period = 14, ATR Multiplier = 1.5 – utilized to eliminate market noise.
- Price Type: Heiken Ashi Weighted – minimizes price signals noise.
- Trend Filters: Includes MA, ATR, and Divergence filters, although the majority are now deactivated.
- ATR Limit: Set at 200 points – prevents trading during volatility.
Stop Loss & Take Profit
- Stop Loss
- Fixed Stop Loss is 300 points (approximately 30 pips).
- Differential Stop Loss uses a factor of 3.0, scanning a depth of 30 candles.
- Take Profit
- Fixed Take Profit is 100 points (approximately 10 pips).
- TP Factor is 1.5, with a TP Rollover of 1000 points.
- Trailing Stop
- HiLo trailing is enabled, using the recent highs and lows.