If you're looking to level up your trading game, the Crypto Analysis EA for MetaTrader 4 could be just what you need. This innovative Expert Advisor employs two different time frames using Bollinger Bands (BB) and the Relative Strength Index (RSI) as indicators to spot overbought and oversold conditions. With features like Trailing Stop Loss and Take Profit, it works seamlessly across all time frames, major forex pairs, cryptocurrencies, and even stocks listed on NASDAQ.
Before You Dive In...
- Test it out on a demo account first. Always a smart move!
- This EA trades based solely on the opening price of the candle. Keep that in mind!
- If you want to avoid increasing lot sizes after a losing trade, set:IncreaseFactor=0.
Input Settings
- Use_TP_In_Money: Enable Take Profit in money (true/false).
- TP_In_Money: Take Profit in money (values: 10-100).
- Use_TP_In_Percent: Enable Take Profit in percent (true/false).
- TP_In_Percent: Take Profit in percent (values: 10-100).
- ------------[Money Trailing Stop For Multiple Trades]----------------------
- Enable_Trailing: Enable trailing with money (true/false).
- Take Profit In Money: (in current currency, values: 25-200).
- Stop Loss In Money: (in current currency, values: 1-20).
- --------------------------------------------------------------------------------------
- Exit: Close trades if the trend goes against you to manage drawdown (true/false).
- Lots: Lot size (values: 0.01-1).
- Lots size Exponent: (values: 1.01-2).
- IncreaseFactor: How much to increase lots from total margin after a loss (values: 0.001-0.1).
- Stop_Loss: Stop loss value (values: 30-500; set to 600 for multiple trades).
- MagicNumber: Magic number (values: 1-100000).
- TakeProfit: Take profit value (values: 50-200; set to 600 for multiple trades).
- FastMA: Fast Moving Average (values: 1-20).
- SlowMA: Slow Moving Average (values: 50-200).
- Mom_Sell: Momentum Sell trigger (values: 0.1-0.9).
- Mom_Buy: Momentum Buy trigger (values: 0.1-0.9).
- ---------------------CONTROL DRAW DOWN-----------------------------
- UseEquityStop: (true/false).
- TotalEquityRisk: (values: 0.01-20).
- -------------------------------------------------------------------------------
- Max_Trades: (1-12).
- FractalNum: Number of high and low (values: 1-10).
- ----------------IF YOU USE ONLY 1 TRADE:-----------------------
- /////////////////////////////////////////////////////////////////////
- USETRAILINGSTOP: Enable trailing stop (true/false).
- WHENTOTRAIL: When to start trailing (values: 40-100).
- TRAILAMOUNT: Amount to trail (values: 40-100).
- Distance From Candle: (values: 1-100).
- USECANDELTRAIL: Enable trailing stop (true/false).
- X: Number of candles (values: 1-100).
- USEMOVETOBREAKEVEN: Enable "break even" (true/false).
- WHENTOMOVETOBE: When to move to break even (values: 1-30).
- PIPSTOMOVESL: How many pips to move stop loss (values: 1-30).
- Remember to optimize this EA every few months, using the same inputs provided above.
- You can utilize it as a hedging grid EA or as a single trade EA.
- For guidance on how to perform a backtest, check out this link.


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