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Van Trung MT4

Van Trung MT4 is an "indicator combined EA". This EA uses a few custom indicators, and combined them to find the best entry and exit points.

The fixed stop loss are always set for each trade.

This EA has smart money management. Users only need to determine the accepted loss for each trade, EA will calculate the lot size for each trade according to stop loss price.

Therefore, this EA is very safe.

This EA will open 2 trades each entry condition. One will have fixed take profit, one use trailing stop to optimum profit.

This EA is very easy to use and can apply for many currency pairs.

Recommended timeframe is H1.

The default settings are optimized for following currency pairs: EURUSD, GBPUSD, USDCAD, AUDUSD, EURAUD, GBPCHF, AUDNZD, AUDCAD, AUDJPY, GBPAUD, NZDCAD and XAUUSD

Note:

1. The risk rate in default setting is set for 1 currency pair (loss 2% for a entry signal). If you parallel run on many currency pairs, please consider to reduce the risk rate.

2. Minimum deposit: $100

3. Account type: Any

4. Contact information: huyphanthe47@gmail.com

Parameters

■ ShowPanel=false- Mean do not show information panel (increase backtesting speed)
■ AutoSetting=true - Mean EA will automatically select the value of parameters: 1st Confirm,  2nd Confirm, Continue Period, and Exit Period.
1st Confirm=16 - this is the period of the 1st confirm indicator.
■ 2nd Confirm=14 - this is the period of the 2nd confirm indicator.
■ Continue Period=14 - this is the period of the continue indicator.
■ Exit Period=10 - this is the period of the exit indicator.
■ Stop loss rate=2.5 - This parameter will determine the Stop Loss distance of the trade.
 Use Money Management?=true - Mean EA use money management.
■ RiskPercent=2.0 - Mean loss 2% of balance for a loss trade.
■ LotSize=0.1 - Basic lot size (if Is Using Money Management=false ).
 Max Spread in Points=50 - Maximum spread to open the trades.
■ Slippage=30 - Slippage.
■ Comment=VanTrungMT4v1.0- Comment.
■ MagicNumber=171717- Magic Number.
■ BreakEvenPoint=10 -Lock in points.
■ TrailingRate=2.0 -This factor will determine the distance between current price and stop loss.
■ TrailingStep=20 -Mean the minimum distance to trailing stop is 20 points.

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