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🔍 What it is
IS BTTrader EA is an automated trading robot (Expert Advisor) built for MetaTrader 4 (MT4). It’s commonly provided with ready-made set files and is compatible with MT4 builds 1441+.
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⚙️ Core strategy
It’s designed as a grid-based, long-term strategy with strict entry filters and trailing-stop exits to control open risk and secure profits. Some setups describe it as a grid/martingale hybrid, so careful settings are important.
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₿ Primary market focus
Optimized mainly for BTCUSD (Bitcoin) trading on MT4.
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📈 Public performance reference
Public tracking pages show historical gains of over +260% with drawdown under 10% at one point. Keep in mind this is historical data and not a guarantee of future performance.
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🧰 Configuration notes
Included settings emphasize bar-based entry filters, low starting risk, and trailing stops. Users should be aware that the EA allows very high max-orders (e.g., 3000) — a feature of grid/martingale systems — and adjust risk sizing accordingly.
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🖥️ What’s typically included
Distribution usually bundles the EA file with set files tailored for current MT4 builds to simplify installation.
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⏱️ Operating style
Intended for fully automated trading once configured; no constant manual input is required, though monitoring is always recommended.
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🚦 Risk considerations
Since it uses grid-style trade management (and sometimes grid/martingale logic), results are highly dependent on broker execution, spreads, swaps, and order limits. It’s crucial to test on demo first and configure lot size, max orders, and drawdown controls conservatively.
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🧩 Platform context
As an Expert Advisor, it runs on MT4 and automates both analysis and trade execution. Running 24/5 typically requires the MT4 terminal to stay online — many traders use a VPS for this.