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Yetti Classic EA MT4 – Full Input Settings Analysis
Yetti Classic EA is an automated trading algorithm designed for MetaTrader 4, utilizing a combination of filters, technical indicators, and set criteria to detect trading opportunities. The EA employs a grid trading strategy, systematically placing orders at defined price levels, and relies on the ATR (Average True Range) and Momentum indicators to analyze market conditions and guide its trading decisions.
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General Config & Execution of Trades
- Operating Timeframe: 1 Minute (M1)
- Initial Lot: 0.01
- Lot Multiplier: 1.2 (increase the lot size for each grid order)
- Step: 50 (grid order distance)
- Global Take Profit: 0.5 (small TP set on whole grid)
- Profit Targets:
- Daily: 2%
- Weekly: 20%
- Maximum Drawdown Before Closing All Orders: 30%
- Safe Margin Level: 20%
Trading Hours & Order Management
- Principal Trading Session: 06:00 – 19:00
- Friday Rule: Stops opening new orders at 14:00 to avoid weekend gaps
- Extra Time: Allows closing current grid positions after main hours
- Dynamic Step: On/Off (dynamically adjusts grid spacing according to volatility)
- Max Orders per Series: 2 (very low → safer than a regular grid martingale)
Risk & Capital Management
- Auto Stop Trading:
- Max Drawdown: 50%
- Min Margin Level: 1000%
- Locking Mechanism (Emergency Hedge):
- First Lock: Triggered at equity decline of 5000 units or 50% of grid
- Second Lock: Triggered at equity decline of 1000 units or 70% of grid
- Trailing Stop:
- Optional (On/Off)
- Activates when price moves 120–150 points
News Filter & Display
- News Filter:
- Locks trading 60 minutes before and after news announcements
- Can filter by impact level: Low / Medium / High
- Used for major currencies: USD, EUR, GBP, CHF, CAD, AUD, NZD, JPY
- Chart Display:
- On-chart info panel enabled
- Font size: 8