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SUPPLY DEMAND EA PROBOT MT4 – Full Input Settings Analysis
Supply Demand EA is an advanced automated trading tool that leverages technical analysis to pinpoint supply and demand levels in the market. Utilizing a sophisticated algorithm, it analyzes market trends and patterns to determine optimal entry and exit points. Compatible with the MT4 trading platform, this EA places both limit and market orders, significantly enhancing manual trading by executing precise entries based on supply and demand zones identified by the EA.
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General Info & Trading Options
- MagicNumber: 6554 — Unique number to distinguish this EA’s trades from others or from those of manual orders.
- Trade Comment: “Supply Demand EA ProBot” — Comment displayed on orders when opened.
- Max Global Open Orders: 10 — Maximum of opened trades that may be open for all symbol pairs.
- Max Symbol Open Orders: 3 — Maximum of opened trades per symbol.
- History Candles: 150 — Number of historical candles to be used for the calculation of supply and demand zones.
- TP / SL Rules: “Zone Based” — Take Profit and Stop Loss according to supply/demand zones.
- Zones Label Number: 5 — Number of zone labels displayed.
- Zones Labels Font Size: 13 — Zone labels size.
- Trend Style: “Channel” — Uses price channels to determine trend direction.
- Chart On Top: true — Supply and demand zones are drawn over the price chart.
- Theme Color: Magenta — Interface color theme.
- Enable Manual Trading: false — Disables manual sending orders through the EA.
Display settings for Supply/Demand Zones
- Enable First MTF / Second MTF: true / false — Multi-Timeframe mode only for the first timeframe.
- Show Wide, Medium, Narrow, SuperNarrow Zones: true — Displays all zone width types.
- Supply/Demand MTF Zones Number: 2 — Displays two supply/demand zones per time frame.
- Show Size Labels: true — Displays size labels for zones.
Daily Profit & Loss Limits
- Max Daily Profit Enable: false — Max daily profit switch disabled.
- Max Daily Profit ($): 200.0 — Preferred daily profit in USD if enabled.
- Max Daily Profit (%): 10.0 — Preferred daily profit as a percentage of account balance if enabled.
- Max Daily Loss Enable: false — Daily loss limit switched off.
- Max Daily Loss ($): 200.0 — Maximum daily loss in USD if switched on.
- Max Daily Loss (%): 10.0 — Maximum daily loss as a percentage of account balance if switched on.
- Max Daily Loss Trades Enable: false — Loss-based number of trades limit switched off.
- Max Daily Loss Trades: 3 — Maximum losing trades if switched on.