Milky Way EA MT4

Milky Way EA MT4

Milky Way is a completely automated trading robot. 

All trades are protected by stop loss. the EA uses one same stop-loss for all the trades in one circle so the risk is limited with a safe lot size.

Users can use a fixed lot or auto lot money management.

Some features:

• The EA has strategies for trading 10 currency pairs (AUDUSD,NZDUSD,NZDCAD,AUDCAD,USDCAD,EURCAD,AUDCHF,AUDNZD,GBPUSD,EURUSD)  
• The EA Contains a special drawdown control function    
• The EA contains a dynamic recovery level input.  
• backtest the EA with " DynamicRecoveryLevels = true" and  " DynamicRecoveryLevels = false".               

Info:

• Settings are on the comment section
• the EA should be run on M15 time frame charts
• use different MagicNumber for each chart

Settings:

• ChooseEA : there are 10 options ( AUDUSD,NZDUSD,NZDCAD,AUDCAD,USDCAD,EURCAD,AUDCHF,AUDNZD,GBPUSD,EURUSD)
• StopLoss : stop loss per points
• TakeProfit : take profit per points
• MaximumSpread : maximum allowed spread before placing an order
• TradeComment :a comment that will be shown with each trade
• MagicNumber : it is a number that helps the EA to recognize its own orders
• DynamicRecoveryLevels : if you put "true" the EA will use  Dynamic Recovery Levels;   if you put "false" the EA will use normal Recovery Levels

• MoneyManagementType : money management type. (FixedLot,AutoLot)
• FixedOrderSize : fixed order size for fixed lot money management
• IncreaseLotSizeEvery : if you choose auto lot money management the EA will increase the lot size based on this number

*** WARNING : my products are available only in the MQL market. if you see them somewhere else those are fake; be aware of scams.***