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🔍 What it is: An automated MetaTrader 4 Expert Advisor (EA) built to trade for you, using a rules-based entry/exit engine rather than discretionary decisions. It combines Bollinger Bands signals with grid-style order management to structure trades.
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🧠 Core logic: Entries typically trigger near the outer Bollinger Bands (mean-reversion idea). Positions are managed with a grid, and the system can also apply a Martingale effect in its approach.
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⚙️ Highly configurable: You can tailor risk per trade, buy/sell direction, number of grid orders, and time/day filters (e.g., set trading hours, skip certain days like Friday; trailing stop is optional and off by default).
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📈 Best market fit: Most effective in sideways/mean-reverting conditions, where grid recovery and precise entries can help maximize consistency.
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🧩 MT4 compatibility: Designed for MT4; distributed builds include version v5.30/v5.3 and compatibility with MT4 build 1441+. Preset setfiles are often provided to simplify setup.
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🔄 Multi-chart capable: Can run multiple symbols and orders simultaneously, enabling diversified deployment across pairs and timeframes.
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🧪 Getting started: Typical distributions include ready-made setfiles so you can test on demo first, then go live once parameters match your risk tolerance.
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🕒 Suggested timeframes: Effective use has been noted on M5–H1, depending on whether you prefer scalping or longer intraday setups. Always verify with your broker’s spreads and execution.
Important note on risk
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⚠️ Grid/Martingale techniques add to positions by design. They can amplify both recovery and drawdown. Use conservative settings, broker protections (max spread/stop-out awareness), and start on a demo before trading live capital.
