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Kanaka Expert MT4

Demo downloaded: 28

Published: 27 January 2023

Current version: 1.0

Kanaka Expert MT4

Experts
Jagdish Vasave -
Jagdish Vasave -
Engineer at Mumbai

India

396
4 topics 3 comments
Version: 1.0
Activations: 5

The Kanaka Expert is a fully automatic scalping trading expert advisor with Multiple Money Management techniques It is specially designed for trading only for Gold (XAUUSD) at 5 Minute chart. This Expert Advisor achieves a large number of profitable trades. Absolutely all trades are protected by stop loss. It is a safe long-term Expert Advisor, aimed at professional users and serious investors. Constant profit for every month.

Designed specifically for trading Gold (XAUUSD)on 5M time frame.

Easy to install, just attach to a chart on MT4 with default settings.

Working pairs XAUUSD (GOLD)
Recommended account type – any account type
Leverage - any leverage
Timeframe: M5
Minimum deposit: $500-$1000
VPS is recommended
Broker: Exness Recommended
Always activate Trailing Stop Loss for best result

Features:

Not a martingale, arbitrage, hedge or other dangerous methods of money management are use
Hard stop loss and take profit for each position
Hiden tight Stop loss and Take profit
Spread and slippage control
Smart risk control module

Potential risks!

All the test show just a potential performance of EA
Real life trading results can vary from one broker to another
Real time trading results can vary upon setting and trade lots size

Setting

There Three Money Management Technique for control of risk by setting a reasonable lot size for each trade…

1. Fixed Lot Size can be start any lot size based on account currency

2. MoneyManagement_Equity based on 1 Lot per 10000 of account currency.

If set to true….

If account Balance is between 100 & 450 dollar, Trade starts with 0.01 Lots.

If account Balance is between 450 to 750 dollar, Trade starts with 0.02 Lots.

If account Balance is between 750 to 1000 dollar, Trade starts with 0.03 Lots

If set to false default Fixed lot size activated..

3. MoneyManagement_Martingale

if set true… multiplies the trade size after each losing trade.

MM_Martingale_Start = 0.03 keep minimum lot for this technique for 1000 dollar

MM_Percent = 1

If set to false default Fixed lot size activated..

SL_PIPS =300 (stop loss in pips)
TP_PIPS= 600 (take profit in pips)

- Trailing_Stop_pips =85 (Trailing starts in pips. This setting depends upon the brokers minimum allowed Stoploss), Set to YES
- Trailing_ Step_pips =11 (distance from the price when activating a trailing stop.)
- Trailng_Above_pips=25 (Trailing activated only when price move in favor above this distance)
- Magic - is a special number that the EA assigns to its orders.
- TOD_From_Hour, TOD_From_Min - time of day in hour and minutes for opening the first order by the EA.
- TOD_From_Hour, TOD_From_Min - time of day in hour and minutes for Stopping of EA after closing last order.
- Maximum slippage=3 - the maximum slippage allowed for the adviser.

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