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SKYNET EA MT4 – Full Input Settings Analysis
Skynet EA is an expert advisor (EA) for MetaTrader 4 trading platforms, designed to automatically trade in the forex markets using an intelligent and adaptive algorithm. It analyzes historical data to set pending orders based on the probability percentage of upcoming breakouts of support and resistance levels. Perfect for traders seeking consistent gains through frequent, small trades, Skynet EA offers a streamlined approach to enhancing trading strategies and maximizing profits.
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General Configuration
- Magic Number Usage: 5555 — EA order special code.
- Order Type: Buy & Sell — both directions trading.
- Order Comment: “Skynet”.
- Maximum Slippage: 10 points (optional user-defined slippage = 20 points).
- Risk Protection: Closes trades automatically in risky conditions.
- Spread Limit: 20 points — trading is suspended when reached.
Trading Strategy
- Breakout/Breakdown: Activated — utilizes price volatility analysis.
- Step Orders (Grid Trading): Places additional orders at 150–250 points distance, lot multiplier from 2 to 8.
- News Filter: Avoids trading during high-impact news releases.
- Trading Days: Monday to Thursday (Friday trading disabled after 21:00).
- Trading Hours: 04:00–23:00 (server time).
Capital & Risk Management
- Risk % per Trade: 3%, 5%, or 10% according to strategy.
- Fixed Lot: 0.1 lot if percentage-based money management (MM) not applied.
- Stop Loss: 15 points (~1.5 pips) — very tight control.
- Take Profit: 1500 points (~150 pips).
- Trailing Stop: 10–20 points.
- Breakeven: Fires off at +10 points of trade, activates SL +5 points to secure profit.