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SPACEX TRADER PRO EA MT4 – Full Input Settings Analysis
SpaceX Trader Pro EA is a sophisticated automated trading software designed for the MetaTrader 4 platform. It excels in producing stable profits with a low-risk approach, making it a preferred choice among forex traders. With advanced market analysis algorithms, it ensures informed trading decisions, while automated features like stop-loss and take-profit options maximize earning potential.
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Trading Strategy & Core Parameters
- Trading Strategy: Trend Trading — trend follows market but not pure martingale or grid systems.
- Timeframe: M15 — best suited for short- to mid-term trend analysis.
- Periods & Ratios:
- Period 1: 12
- Period 2: 44
- Period 3: 100
- Typically used in moving average calculation or as a trend filter.
- Ratio 1: 140
- Ratio 2: 200
- Specific parameters used for the verification of the entry signal.
Open Trade Management
- Stop Loss / Take Profit: 0.0 — no fixed SL/TP; exits on trailing stop or pip/%-based close rules.
- Use Grid: Enabled — adds lots when price is against trend, employing a controlled grid approach.
- Grid Step: 20 pips between grid orders.
- ECN Broker Mode: Enabled — optimized for fast execution on ECN brokers.
- Spread Filter: Enabled — maximum spread permitted ≤ 10 pips.
- Max Open Orders: 100 (high, but never actually reached in practice).
Magic Number: 123 — unique order number for EA.
Exit & Profit Management
- Trailing Stop: Disabled (false).
- In enabled: Start = 20 pips, Step = 10 pips.
- Close by Pips Profit: Enabled — closes all trades when overall profit is 20 pips.
- Close by % Loss: Disabled — if enabled, would close all trades when equity loses 5%.
Capital & Lot Management
- Lot Size: 0.01 lots (martingale off).
- Martingale 1 & 2: Off — no lot up on losing trades.
- Lot Multiplier: 2.0 — only employed if martingale is on.
- Lot Increase: Off.
- Balance Step: 1000 — if AutoLot is on, lot size leaps up with each $1,000 of equity.