PLATFORM & SOFTWARE TYPE
🖥️ PLATFORM: MT4 • SOFTWARE TYPE: EA
Blessing Upgrade 4
INTRODUCTION
Blessing Upgrade 4 is a powerful MT4 Expert Advisor engineered for dynamic market conditions. It leverages proven grid principles wrapped in multiple layers of filtering and risk control, moving beyond basic automation to offer precise, strategically filtered trade execution and robust capital protection.
📈 TRADING STRATEGY
This EA employs a sophisticated grid strategy focused on managing basket orders toward profitability.
The core mechanism initiates trades only when market conditions align with a user-defined combination of technical indicators (MA, CCI, Bollinger Bands, Stochastic, and MACD). This prevents blind grid formation.
When a market move generates drawdown, the EA manages the risk by intelligently scaling position sizes using a customizable multiplier (default 1.4).
Exits are optimized through flexible basket closure rules, aiming for break-even (BE) at a designated trade level, supported by optional profit trailing and time/level-based early exit functions designed to rapidly secure capital.
A critical risk management feature is the optional, advanced Hedging System, which can automatically open protective positions on a correlated symbol, triggered either by percentage drawdown or basket level.
🎯 BEST FOR
Traders who understand and wish to utilize highly configurable grid automation.
Users needing precise control over initial trade entry using multiple indicator confirmations (supports both AND and OR entry logic).
Capital preservation via multiple safety nets, including Max DD limits and an independent, correlated hedging module.
Active accounts requiring real-time adjustment of risk based on current open drawdown and equity (PortionPC setting).
💱 RECOMMENDED PAIRS
The EA is designed to be highly adaptive and can be applied to any currency pair. However, if the advanced Hedge feature is enabled, performance relies heavily on selecting a Hedge Symbol that is closely correlated or inversely correlated with the primary trading symbol. Comprehensive backtesting across high-liquidity majors and minors is recommended.
⚙️ SETTINGS AND PARAMETERS
This EA offers deep customization for experienced users.
Money Management Customizable lot scaling using a Multiplier (default 1.4) with optional percentage-based management (PortionPC). Includes an Account Size Adjust Factor (LAF) for larger capital.
Entry Filters A comprehensive suite of 5 technical indicators (MA, CCI, Bollinger, Stoch, MACD) allows users to define market conditions (uptrend, downtrend, range) and indicator signal types (enable, disable, reverse).
Grid Structure Highly flexible grid distance (in pips) and Take Profit levels defined via three customizable arrays, or utilize AutoCal based on the Average True Range (ATR) indicator.
Risk Controls Max Trades (up to 15), Max Drawdown Percentage, Stop Trading Balance percentage, and optional fixed or trailing Stop Loss settings.
Hedge Module Independent settings to activate protective hedging based on either a specific drawdown percentage or a basket trade level. Includes settings for hedge lot sizing and re-entry buffers.
Exits Advanced features including profit trailing, mandatory Break Even triggers at a specific level, and Early Exit functions that progressively reduce the target profit based on trade age or open levels.
🔧 USER INPUTS (EX4/EX5) — what each setting does
• Version_4_0 — Controls the “Version_4_0” parameter (string). (default: "EA Settings:")
• TradeComment — Controls the “TradeComment” parameter (string). (default: "Blessing4.0")
• Notes — Controls the “Notes” parameter (string). (default: "")
• EANumber — EA Magic Number (default: 1)
• EmergencyCloseAll — *** CLOSE ALL NOW *** (default: false)
• s1 — . (default: "")
• ShutDown — *** NO NEW TRADES *** (default: false)
• s2 — . (default: "")
• LabelAcc — == ACCOUNT SETTINGS == (default: "")
• s3 — . (default: "... PortionPC > 100 forces effective balance to that amount (e.g. 1000)")
• eopb — -- Opt. with 'Open prices only' -- (default: "")
• EnableOncePerBar — input string eopb0 = "Filters out ticks"; //. (default: true)
• UseMinMarginPercent — Controls the “UseMinMarginPercent” parameter (bool). (default: false)
• MinMarginPercent — Controls the “MinMarginPercent” parameter (double). (default: 1500)
• eopb1 — . (default: "")
• LabelLS — ----------- LOT SIZE ----------- (default: "")
• UseMM — UseMM (Money Management) (default: true)
• LabelGS — ------ GRID SETTINGS ------ (default: "")
• LabelTS — ===== TRADING ===== (default: "")
• LabelES — ----------- EXITS ----------- (default: "")
• LabelEE — --------- EARLY EXITS --------- (default: "")
• LabelAdv — . (default: "")
• LabelGrid — --------- GRID SIZE --------- (default: "")
• LabelEST0 — . (default: "")
• LabelEST — == ENTRY PARAMETERS == (default: "")
• LabelMA — ------------- MA ------------- (default: "")
• LabelCCI — ------------- CCI ------------- (default: "")
• LabelBBS — ----- BOLLINGER BANDS ----- (default: "")
• LabelSto — --------- STOCHASTIC -------- (default: "")
• LabelMACD — ------------ MACD ------------ (default: "")
• LabelSG — --------- SMART GRID --------- (default: "")
• LabelHS0 — . (default: "")
• LabelHS — ------ HEDGE SETTINGS ----- (default: "")
• LabelOS0 — . (default: "")
• LabelOS — ------------ OTHER ----------- (default: "")
• LabelUE — ------------ EMAIL ------------ (default: "")
• LabelEDD — . (default: "At what DD% would you like Email warnings (Max: 49, Disable: 0)?")
• LabelEH — . (default: "Hours before DD timer resets")
• LabelDisplay — ------------ DISPLAY ----------- (default: "")
• displayFont — Display font (default: "Arial Bold")
• LabelGridOpt — ---- GRID OPTIMIZATION ---- (default: "")
• LabelOpt — . (default: "These values can only be used while optimizing")
• SetArray1 — REMEMBER: There must be one more value for GridArray and TPArray than there is for SetArray (default: 4)
• SetArray2 — Controls the “SetArray2” parameter (int). (default: 4)
• SetArray3 — Controls the “SetArray3” parameter (int). (default: 0)
• SetArray4 — Controls the “SetArray4” parameter (int). (default: 0)
• GridArray1 — Controls the “GridArray1” parameter (int). (default: 25)
• GridArray2 — Controls the “GridArray2” parameter (int). (default: 50)
• GridArray3 — Controls the “GridArray3” parameter (int). (default: 100)
• GridArray4 — Controls the “GridArray4” parameter (int). (default: 0)
• GridArray5 — Controls the “GridArray5” parameter (int). (default: 0)
• TPArray1 — Controls the “TPArray1” parameter (int). (default: 50)
• TPArray2 — Controls the “TPArray2” parameter (int). (default: 100)
• TPArray3 — Controls the “TPArray3” parameter (int). (default: 200)
• TPArray4 — Controls the “TPArray4” parameter (int). (default: 0)
• TPArray5 — Controls the “TPArray5” parameter (int). (default: 0)
💽 HOW TO INSTALL (MT4)
• Download: (.ex4)
• MetaTrader → File → Open Data Folder
• MQL4 → Experts → paste file → restart MT4
• Navigator (Ctrl+N): drag onto chart
• Enable: Allow live trading + DLL imports
• Click AutoTrading (►)
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✅ RECOMMENDED VPS
🔹 FXVM : https://fxvm.net/?aff=18727
🔹 Zomro : https://zomro.com/vds?from=399558
📞 CONTACT & SUPPORT
🔹 Website : https://doveforexmarkets.com
🔹 Telegram: https://t.me/forexchats
🔹 Email : info@doveforexmarkets.com
🔹 WhatsApp: wa.me/260960556804
⚠️ DISCLAIMER
Trading involves risk. Past performance does not guarantee future results.
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This item was featured on Dove Forex Markets™
Published:
09 Nov, 2025 04:10 PM
Version:
v4.0
Category:
Source Code Included:
NoFiles Included:
YesInstructions Included:
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