SmartDayMultiStrat EA MT4

SmartDayMultiStratEA - Expert Advisor for MetaTrader 4

IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions.

Overview

SmartDayMultiStratEA is a sophisticated Expert Advisor (EA) designed for MetaTrader 4, offering a robust daily trading system with six independent strategies. Developed by I TRADE FC, this EA combines advanced money management, flexible strategy configurations, and a detailed performance dashboard to empower traders in the forex market.

What is SmartDayMultiStratEA?

SmartDayMultiStratEA is an automated trading system that operates on daily charts, utilizing six distinct strategies: Gap, Engulfing, Harami Reversal, Continuation, Reversal, and Yesterday High-Low Breakout. Each strategy can be individually enabled or disabled, allowing traders to tailor the EA to their preferred trading style and market conditions.

Key Features

  • Six Independent Strategies: Includes Gap, Engulfing, Harami Reversal, Continuation, Reversal, and Yesterday High-Low Breakout, each with configurable Take Profit (TP), Stop Loss (SL), and Trailing Stop Loss (TSL) settings.
  • Advanced Money Management: Features risk percentage per trade (default 2%), maximum drawdown protection (default 20%), and a recovery threshold to pause trading after significant losses.
  • Recovery Mode: Optional recovery system for each strategy with customizable lot size multipliers to recoup losses.
  • Time Filter: Restrict trading to specific hours (e.g., 01:15 to 23:45) to avoid low-liquidity periods.
  • Spread and Slippage Control: Ensures trades are executed only when spread is below a set threshold (default 30 points) and includes slippage control (default 3 points).
  • Performance Dashboard: Displays a customizable on-chart table showing strategy status, total trades, wins, losses, win percentage, profit, loss, and account balance/equity.
  • Flexible Table Positioning: Choose from four chart corners for the dashboard display, with customizable font size and colors.
  • Error Handling: Comprehensive error management with detailed logging for trade operations.

Strategy Details

  1. Gap Strategy: Trades price gaps at the daily candle open, with dynamic or fixed TP/SL settings.
  2. Engulfing Strategy: Identifies bullish or bearish engulfing patterns for high-probability reversal trades.
  3. Harami Reversal Strategy: Detects Harami patterns for potential trend reversals.
  4. Continuation Strategy: Capitalizes on strong momentum moves continuing the previous day's direction.
  5. Reversal Strategy: Targets reversals when price fails to sustain new highs or lows.
  6. Yesterday High-Low Breakout: Places BuyStop/SellStop orders based on the previous day's high and low, ideal for breakout trading.

Advantages

  • Customization: Enable/disable strategies and adjust TP, SL, TSL, and recovery settings to match your risk tolerance and trading goals.
  • Risk Management: Built-in drawdown protection and recovery mechanisms safeguard your capital.
  • Transparency: Real-time performance dashboard provides clear insights into each strategy’s performance.
  • Versatility: Suitable for various market conditions due to multiple strategies operating independently.
  • User-Friendly: Easy-to-configure parameters and a visually appealing interface enhance usability.
  • Reliability: Robust error handling and spread control ensure stable operation in volatile markets.

Why Choose SmartDayMultiStratEA?

  • Multi-Strategy Approach: Diversify trading signals to capture opportunities across different market scenarios.
  • Automation: Save time with fully automated trade execution and management.
  • Performance Tracking: Monitor strategy effectiveness with detailed statistics displayed on the chart.
  • Developer Support: Backed by I TRADE FC, with resources available at t.me/i_trade_fc for support and updates.

Installation and Setup

  1. Copy the SmartDayMultiStratEA.mq4 file to the MetaTrader 4 Experts folder.
  2. Attach the EA to a daily (D1) chart of your chosen forex pair.
  3. Configure parameters such as RiskPercent, MaxSpread, and strategy-specific settings (e.g., EnableGap, FixedTP_Gap).
  4. Ensure the EA is enabled (AutoTrading button on) and monitor the dashboard for performance.

Recommendations

  • Backtesting: Test the EA on a demo account or MetaTrader’s Strategy Tester to optimize settings for your preferred pairs.
  • Broker Compatibility: Use with brokers offering low spreads and reliable execution.
  • Risk Settings: Adjust RiskPercent and MaxDDPercent based on your account size and risk tolerance.
  • Time Filter: Set trading hours to align with high-liquidity market sessions.

Support and Community

For SET FILES, questions, customizations, or trading insights, join our community:

Empower your trading journey with SmartDayMultiStratEA – precision, flexibility, and performance in one powerful package.


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MILCH COW HEDGE V1.12 EA is primarily a Hedging Strategy. Expert support is to seize every opportunity in any direction. Not just opens the deals, but chooses the right time to close the open positions to begin trading again. We recommend the use of an expert with a pair of high volatility for the currency, such as GBPAUD, AUDCAD Testing expert during the period from 01.01.2016 until 09.12.2016 profit doubled four times to account Experts interface allows the user to directly trading open order
Forebot
Marek Kvarda
This robot uses a custom hidden oscillating indicator and also analyzes the market response. It traded mostly at the time of higher volatility. It works with several pending orders with different size of volume and their position actively modifies. It uses advanced money management. TradingMode setting can also meet the conditions FIFO. It is successful in different markets and different timeframes. Best results are achieves with a broker with the spread to 5 points on EURUSD. Is necessary a br
Avato
Nikolaos Bekos
The Avato is one of our standalone tools. (A Signal based on it will also be provided on Mt4 Market in the future). It is designed around a combined form of hedging and martingale techniques and uses sophisticated algorithms and filters to place the trades. It uses Stop loss and Take profit levels while Lot size is calculated automatically following the according multiplier settings. We consider it a toolbox for every seasoned trader. Made with Gold market in mind, it can be tested in other inst
AreaFiftyOne
Valeri Balachnin
Area 51 EA generates signals on different strategies. Has different money management strategies and dynamic lot size function. When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) will be set for it and constantly trailed. This allows you to always close positions in profit.  If you want, that your manual opened positions will be handled by the EA, so you
Note : the spread value,  the broker's slippage and the VPS speed affect the Expert Advisor trading results. Recommendations: gold with spread up to 3, USDJPY with spread up to 1.7, EURUSD with spread up to 1.5. Results will be better with better conditions. The Ping value between VPS and the broker server should be below 10 ms. In addition, the smaller the broker's stop-level requirement, the better; 0 is the best. The Expert Advisor is based on a breakthrough system and carefully controls all
Milch Cow Extra
Mohamed Nasseem
EA is primarily a Hedging and Multiples Strategy. It support to seize every opportunity in any direction as MILCH COW MIX but with multiple profit results without increasing the risk. Milch Cow Mix EA starts to open Hedge at first level only But EA opens Hedge at every level Not just opens the deals, but chooses the right time to close the open positions to begin trading again. We recommend the use of an expert with a pair of high volatility for the currency, such as GBPAUD, AUDCAD Experts inter
Milch Cow Turbo
Mohamed Nasseem
MILCH COW Turbo EA is primarily a multi-currency strategy. It supports 9 or 10 pairs as collection of currencies (GBPJPY, GBPUSD, EURCHF,EURGBP, EURJPY, EURUSD, USDCAD, USDCHF, USDJPY). If you choose Trade_Calc = false, only one pair is turned on. The EA depends on a special indicator to set Buy stop, Buy limit, Sell stop and Sell limit orders Note: If enabled Pendingorders = false, the EA will use the prices shown on the chart in live orders (buy and sell). In this case, the EA uses stop loss a
AnyWay
Mohamed Nasseem
"ANYWAY EA" is a tool designed to handle your trades in a different concept, which does not start its trailing by locking in profit. It just moves stop loss by 1. It will step the SL by 1 so for every 1 pip the SL moves to 19, 18, 17, etc. The brokers can see this and do nothing to deal with it. While you are sitting there waiting for it to lock in the points it has already made. All these stop losses and take profits can be hidden from the broker by selecting SLnTPMode = Client. Run the EA on a
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