Magnat Ea v1.3

Professional Expert Advisor for MetaTrader 4 — Trade Any Instrument with Confidence

This Expert Advisor (EA) is a versatile and powerful automated trading tool designed to work seamlessly on the MetaTrader 4 platform. Whether you trade forex, indices, commodities, or cryptocurrencies, this EA adapts to your broker’s conditions and your trading style, helping you manage trades with precision and efficiency.

Key Features & Benefits

• Highly Customizable Settings:
  A wide range of input parameters lets you tailor the EA to any instrument and broker conditions. You can optimize it for direct market orders or dynamic pending orders depending on your strategy.

• Flexible Trade Management:
  Choose between opening a single position at a time or multiple positions based on market conditions. This flexibility lets you control risk and scale your trades effectively.

• Smart Money Management:
  The built-in system can automatically calculate position sizes based on your account balance, or you can trade with fixed volumes for full control.

• Order and Position Control:
  The EA independently manages its own trades and can also monitor and maintain manual trades or trades opened by other EAs, ensuring smooth coexistence on your charts.

• Spread and Slippage Monitoring:
  It tracks current spreads and slippage to avoid bad entries and reduce unnecessary losses.

• Dynamic Risk Controls:
  Trading positions use a fixed take-profit level combined with a configurable, dynamic stop-loss based on moving averages to minimize risk, with the option to fix stop-loss levels if preferred.

• Multi-Instrument Support:
  Install the EA on multiple charts to trade different instruments simultaneously without interference.

• Optimized for M5 Timeframe:
  The recommended timeframe for best performance is the 5-minute chart.

• Default Settings for Quality Brokers:
  Ready-to-use defaults are set for brokers offering low spreads, fast execution, and minimal slippage.

Detailed Input Parameters

• Trade Mode: Choose to trade one position or multiple positions simultaneously.

• Moving Average Settings: Configure timeframe, period, method, applied price, and shift for the MA indicators used in entry and stop-loss calculations.

• ATR Settings: Adjust timeframe, period, shift, and deviation for Average True Range used in market analysis.

• Market Analysis Depth: Customize the level of market data the EA uses to make decisions.

• Stop Loss & Take Profit: Set fixed or dynamic stop-loss levels and fixed take-profit targets.

• Pending Orders: Enable and configure distance, trailing, and step parameters for dynamic pending orders.

• Trailing Settings: Control trailing start distance, trailing step, and modes for managing open positions.

• Money Management: Toggle automatic volume calculation or use fixed trade sizes; set percentage risk relative to account balance.

• Risk Controls: Define maximum allowed spread and slippage for trade entries.

• Comments & Interface: Add custom comments to your trades and enable an informational panel for easy monitoring.

• Unique EA Identifier: Use individual numbers to manage and separate orders when running multiple EAs or manual trades.

This Expert Advisor offers a professional-grade, adaptable approach to automated trading that fits a wide range of trading styles and markets. Its robust features and comprehensive settings give traders the control and flexibility needed to trade confidently and effectively on MetaTrader 4.