Paracel EA MT4

Paracel EA MT4

Paracel EA is an advanced and fully automated Expert Advisor designed to help traders navigate the complexities of the financial markets.

Using a sophisticated strategy based on the Supertrend indicator and another built-in indicator, Paracel EA can analyze market conditions and identify trading opportunities with remarkable precision.

The EA is equipped with a range of powerful features, including martingale functions, to help maximize profits and minimize risks.

Whether you're a seasoned trader or just starting out, Paracel EA is a powerful tool that can help you achieve your financial goals.

Parameters

• Magic Number - The identifying (magic) number of the currently selected order.
• Trade Volume - The trading volume for the first trade if the fixed trading volume mode is chosen.
• Trade Volume Type - This is the calculation mode for lot size.
• Dynamic Lot (Balance/Equity based) - Balance/Equity to be used per 0.01 lot.
• Risk per First Trade (%) - The percentage of the deposit that will be totally used to open the initial trade. (Formula: (freeMargin * %Risk) / Dynamic_lot)
• Supertrend Period - The number of bars, or interval, used to calculate the ATR.
• Supertrend Multiplier - The multiplier used in the calculation.
• Allow Multiple Trades – Enable/Disable the adviser to open multiple trades.
• Max Number of Trades - The maximum number of trades that will be executed.
• Minimum Gap Between Trades (in Pips) - Distance in pips between trades.
• Profit in Base Currency - The minimum average profit for closing all trades.
• Use Incremental Lot Sizes - Enable/Disable the use of automatic lot increment calculation.
• Use Lot Calculation Type - The type of calculation method for volume.
• Lot Multiplier - The lot multiplier for the following orders. (Last_volume * multiplier factor)
• Lot Increment - The lot increment for the following orders. (Last_volume + increment factor)
• Set Order Expiration Time - Set the expiration time for orders.
• Order Expiration Time (in hours) - The time when an opened order is closed.
• Trading Time Filter: enable/ disable sending orders in allow time. (Server time) .
• Start Hour: hour to start trading.
• Start Minute: minute to start trading.
• End Hour: hour to stop trading.
• End Minute: minute to stop trading.
  

Recommendations

• Currency pair: EURUSD, GBPUSD and any currency pairs
  
• Timeframe: H1
• Minimum deposit: $1000
• Account type: Any with a minimum spread (preferably ECN)
• Brokers: Any broker