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Original price: $199.00
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Content: Expert: Ilan MT4 6.10_fix.ex4 (Unlocked-Unlimited), NO MANUAL.
Original Ilan EA for MetaTrader 4
The Ilan EA is the original Expert Advisor designed specifically for the MetaTrader 4 platform. Its trading strategy is widely recognized and trusted by both novice and experienced traders alike, needing no further introduction.
Key Features and Settings
The Ilan EA is user-friendly and highly customizable, allowing traders to fine-tune essential parameters to suit their trading style and account size:
Unique MagicNumber for easy identification and separation of trades
Trade Direction: Choose to trade buy only, sell only, or both directions simultaneously
Step Size for opening trades and Take Profit levels, automatically adapted for 4- or 5-digit broker quotes
Initial Lot Size and Lot Coefficient for incremental lot sizing tailored to your deposit
Maximum Number of Trades allowed in one direction for controlled exposure
Stop Loss for the Last Trade in a series to effectively manage risk
Multiple Instances Support
Run multiple Ilan EA instances on a single trading account, even on the same currency pair or instrument. Each instance manages its own trades independently without conflict. If you prefer to trade manually alongside the EA, the strategy will remain unaffected.
You can also safely disable or enable the EA at any time—even with open positions—and it will continue functioning smoothly.
Operation Modes
CloseAndStopNow: Activating this mode closes all current trades managed by the EA and halts all trading activity until manually restarted
Stop New Positions Mode: Prevents opening any new trades while allowing current trades to close profitably before stopping the EA
Performance
The Ilan EA’s performance can be thoroughly tested and verified using the MetaTrader 4 Strategy Tester, allowing you to evaluate its historical results and optimize settings before live deployment.