EA_Profit_V10_Trader_(_THAILAND_)

PLATFORM & SOFTWARE TYPE
🖥️ PLATFORM: MT4 • SOFTWARE TYPE: EA
EA_Profit_V10_Trader for MT4 automates daily H4 trend breakout entries around an Exponential Moving Average.

🚀 INTRODUCTION
The EA Profit V10 Trader offers an automated approach to identifying and acting on potential H4 trend breakouts on the MetaTrader 4 platform. Designed for precision, this Expert Advisor integrates a moving average with specific price action to generate pending orders, aiming to capture directional market movements. It features built-in risk management tools, including fixed stop-loss and take-profit levels, alongside an adaptive trailing stop.

📈 HOW IT WORKS
EA Profit V10 Trader operates exclusively on the H4 timeframe. At the start of each new trading day, or upon initialization, it analyzes the market for specific conditions. It first confirms that the previous H4 candle was bullish, indicating recent upward momentum. Following this, it evaluates the current price relative to a 50-period Exponential Moving Average (EMA).

If the previous H4 candle was bullish, and the current Bid price is above the EMA by a defined offset, the EA places a Buy Stop order above the current Ask price, positioning to capitalize on further upward breakout. Conversely, if the previous H4 candle was bullish, and the current Bid price is below the EMA by a defined offset, it places a Sell Stop order below the current Bid price, preparing for a potential downward reversal or breakdown after the initial bullish setup.

All trades are protected with a fixed stop-loss and take-profit. Additionally, a trailing stop mechanism dynamically adjusts the stop-loss level as an open position moves favorably, helping to secure unrealized gains. Pending orders include a configurable expiry time, ensuring that untriggered orders are automatically removed after a set duration.

🎯 BEST FOR
This EA is suitable for traders who focus on H4 timeframe analysis and prefer a systematic approach to capturing breakout or reversal opportunities around a moving average. It's designed for those seeking automated trade execution with predefined risk parameters and daily pending order management.

💱 RECOMMENDED PAIRS & TIMEFRAMES
The EA Profit V10 Trader is specifically engineered to operate on the H4 timeframe, which is a mandatory setting. It can be applied to a variety of liquid currency pairs and other instruments available on MT4.

⚙️ SETTINGS AND PARAMETERS
* MaxSpread: Defines an offset from the EMA for entry condition and the placement distance for pending orders.
* Lots: Sets a fixed lot size for all trades.
* TakeProfit: Specifies the fixed take-profit level in points for open trades.
* StopLoss: Sets the fixed stop-loss level in points for open trades.
* Trailing: Activates a trailing stop feature, adjusting the stop-loss when trades move favorably.
* AutoMoneyManagement: Enables or disables automatic lot sizing based on account balance and risk parameters.
* PercentToRisk: When AutoMoneyManagement is active, defines the percentage of account balance to consider for lot calculation.
* PeriodEMA: Configures the period for the Exponential Moving Average used in entry logic.
* DeletePendingTime: Sets the duration (e.g., M30, H1, H4) after which untriggered pending orders are automatically removed.
* StartTrade / EndTrade: Allows setting specific trading hours to restrict order placement.

🧠 USAGE TIPS
* Ensure the EA is attached to an H4 chart, as this is its required operating timeframe.
* Carefully test and adjust the `AutoMoneyManagement` and `PercentToRisk` settings to align with your personal risk tolerance.
* Familiarize yourself with the `DeletePendingTime` parameter to understand how long pending orders remain active before automatic cancellation.
* Note that pending orders are reviewed and potentially placed only once per trading day, or upon EA initialization, based on the defined conditions.

⚙️ SETTINGS (most-used)
• Fixed lot size — Fixed lot size when Money Management is off. (default: 0.01)
• Stop loss (pips) — Protective stop distance (usually in points/pips). (default: 100)
• Take profit (pips) — Take profit distance (usually in points/pips). (default: 80)
• Max allowed spread — Do not trade if current spread exceeds this value. (default: 2)
• RunEAonTimeframe — Controls the “RunEAonTimeframe” parameter (string). (default: H4)
• Productskey — Controls the “Productskey” parameter (string). (default: V10N-CD56-EU12-JP89-FR74-MN23)
• Products — Controls the “Products” parameter (string). (default: EA Profit V10 Trader(THAILAND))
• MagicNumber — Unique Magic Number to separate trades. (default: 1556)
• SettingOrder — Controls the “SettingOrder” parameter (string). (default: SettingOrder)
• Trailing — Enables a trailing stop with this distance. (default: 2)
• Maxlot — Fixed lot size when Money Management is off. (default: 99.0)
• MaxOrder — Controls the “MaxOrder” parameter (int). (default: 100)

🔧 ADVANCED CONTROLS (optional)
• MoneyManagement (default: AutoMoneyManagement)
• AutoMoneyManagement (default: FALSE)
• PercentToRisk (default: 1.0)
• PercentSafety (default: 200.0)
• SetDeletePendingTime (default: SetDeletependingTime ( M1,M5,M15,M30,H1,H4,D1))
• DeletePendingTime (default: M30)
• SetEMA (default: Set Moving Average )
• PeriodEMA (default: 50)
• Timeset (default: Timeset)
• StartTrade (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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📞 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.