Yggdrasil EA

Product Description

  • Yggdrasil EA v1.06 is an automated trading EA for MetaTrader 4 that combines signal-based entries, grid trading, progressive lot sizing and basket management. The EA opens an initial BUY or SELL based on the selected entry method.
  • When price moves against the basket, it can open additional trades at predefined grid distances. All trades in the same direction are managed as one basket. The EA calculates the weighted average entry price and places a common basket take-profit target.

Main Features

Trades any MT4 chart symbol
  • Previous candle, SMA20, Alligator and Ichimoku entry modes
  • Adjustable grid distance
  • Progressive lot sizing
  • Weighted-average basket take-profit
  • Basket stop-loss by pips or account currency
  • Optional BUY and SELL hedging
  • Maximum layer and maximum lot controls
  • Drawdown and equity protection
  • Margin-level protection
  • Spread and trading-hours filters
  • Automatic broker lot-size normalization
  • Broker-side basket take-profit
  • New-bar trading option
  • Order retry and diagnostic functions


Input Parameters

Parameter Description
MagicNumber Unique number used to identify and manage the EA’s trades.
EntryMode Selects the entry method: 0 Candle, 1 SMA20, 2 Alligator or 3 Ichimoku.
SignalTimeframe Timeframe used for entry signals. Set to 0 to use the current chart timeframe.
TradeOnNewBarOnly Opens new entries and grid layers only at the beginning of a new candle.
AllowBuy Enables or disables BUY trades.
AllowSell Enables or disables SELL trades.
UseHedgeMode Allows BUY and SELL baskets to remain open at the same time.
InitialLot Starting lot size for the first trade in a basket.
MartingaleMultiplier Multiplies the lot size for each additional grid layer.
MaxLot Maximum lot size allowed for one order.
MaxLayersPerDirection Maximum number of BUY or SELL orders allowed in one basket.
UseLayerBasketStop Enables protection based on the number of open layers.
CloseBasketAtLayer Closes the basket when the selected layer count is reached. Set to 0 to disable.
ExtraStopAfterMaxLayerPips Closes the basket after price moves further against the final permitted layer.
StopNewOrdersAtDrawdownPercent Stops new entries and grid layers when account drawdown reaches the selected percentage.
CooldownMinutesAfterLayerStop Waiting period before new trades are allowed after a layer-related closure.
BasketTakeProfitPips Profit target measured from the weighted average basket price.
UseBasketStopLoss Enables basket stop-loss protection.
BasketStopLossPips Closes the basket when price moves the selected number of pips against its weighted average.
BasketStopLossMoney Closes the basket when its total loss reaches the selected account-currency amount. Set to 0 to disable.
CooldownMinutesAfterBasketSL Waiting period before opening a new basket after a basket stop-loss.
PlaceBrokerBasketTP Places the basket take-profit directly on the broker’s server.
StopLossPips Optional individual stop-loss for each order. Set to 0 to disable.
GridStepPips Initial adverse price distance required before opening the next grid layer.
DistanceIncrementPips Adds extra distance to each subsequent grid layer.
DistanceMultiplier Multiplies the grid distance for each new layer.
MaxGridStepPips Maximum permitted distance between grid layers.
CustomPipSizeInPoints Manually defines pip size for unusual symbols. Set to 0 for automatic detection.
MaxSpreadPoints Maximum spread allowed before opening a new order.
SlippagePoints Maximum permitted execution slippage.
MinSecondsBetweenOrders Minimum waiting time between order openings.
OrderSendRetries Number of order-opening retries after an execution failure.
OrderCloseRetries Number of order-closing retries after an execution failure.
CloseAllOnEquityStop Closes the EA’s managed trades when the maximum drawdown limit is reached.
MaxDrawdownPercent Maximum account drawdown allowed before equity protection activates.
MinFreeMarginPercent Minimum account margin level required before opening another order.
UseTradingHours Enables the trading-hours filter.
StartHour Broker-server hour when new trading may begin.
EndHour Broker-server hour when new trading must stop.
PrintDebug Displays detailed EA activity in the MT4 Experts and Journal tabs.


Important Notice

  • Yggdrasil EA v1.06 uses grid and martingale-style position management. These strategies may produce frequent profitable baskets but can also create significant floating losses during strong market trends.
  • Backtest and demo-test the EA before live use. Select lot size, grid distance and maximum layers according to the account balance, leverage and risk tolerance.


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Gold Challenger EA,   a new EA based on BeiDou Trend EA, has been launched. It is suitable for high volatility products such as XAUUSD. Gold Challenger EA still uses the breakout method.   Breakout trading is a very old method. Since the 1900s, since Livermore, this method has been widely used. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility.   I have been using the breakout method to make profits on XAUUSD in the early stage
Chaos Algo Trading EA
Stefano Frisetti
3.67 (3)
DESCRIPTION With the CHAOS ALGO TRADING EA, You dont need anymore to guess prices direction, You can profit when prices move either in mark up or in mark down from the moment You activate the EA in Your trading account. The ALGO TRADING EA was created to fully automate the TRADING STRATEGY OF CHAOS, leaving the single TRADE OPEN and TRADE CLOSE to the EA, and keeping for the TRADER only the decision when to activate it or close it. The EA is best used in loops; so if USER activate it, and then
AW Double Grids EA
AW Trading Software Limited
4.5 (8)
Advisor AW Double Grids MT4 - is an aggressive, fully automated grid advisor, with an information trading panel and simple setup. The strategy consists of simultaneous two-way work, multiplying the volume of one direction. Built-in automatic lot calculation, various variations of increasing the volume of positions, and other functions are implemented. Instructions ->  HERE  /  Problem solving ->  HERE  / MT5 version ->  HERE How the advisor trades: AW Double Grids conducts two-way trading with
BioBot
Andriy Sydoruk
Here is the corrected and adapted description for your BioBot scalping system in English , fully aligned with the actual input parameters from your code: BioBot Scalping System Description BioBot is a high-performance automated scalping trading system designed for trading various financial instruments (currency pairs, metals, etc.), primarily on M1 – M15 timeframes. Optimizing BioBot just once (for example, over a one-month period) is sufficient to deliver strong results on a forward period sev
ScalpingMaster XAU EA for MetaTrader 4 (XAUUSD) Overview ScalpingMaster XAU is an Expert Advisor (EA) for MetaTrader 4 (MT4) designed for XAUUSD (Gold). It uses trend-based entries and an optional grid-style position management. The EA also provides basket risk controls, including closing all open positions when a basket profit or basket loss level (in account currency) is reached. Trading involves risk and results depend on market conditions, broker execution, and settings. Main functions Tren
Fortress MT4
Shane Lee
5 (2)
Real Trading Account  LIVE SIGNAL 1K:  https://www.mql5.com/en/signals/2378166 Check Out All Our Products :   Click Here Fortress is an automated breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA utilizes multiple confirmation algorithms and internal strategies to identify optimal breakout points at key support and resistance levels. Position sizing and trade frequency automatically adjust to the user's account balance and maximum drawdown settings, although
Bazooka EA
Davit Beridze
5 (4)
Bazooka EA – Trend & Momentum Expert Advisor for MT4 MT5:  https://www.mql5.com/en/market/product/163078 Important:   We regularly release updated set files in the   Comments   area. Please ensure you are using the most recent version for your backtests and live trading to ensure optimal performance with current market volatility. Bazooka EA is a fully automated Expert Advisor for MetaTrader 4 , designed to trade directional market moves using trend confirmation and momentum filtering . The EA f
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