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Combination EA MT4

Combination EA MT4 is a simple Expert Advisor based on Combination Indicator MT4  ( The Indicator is incorporated in the EA.)

Combination Indicator MT4 is based on Stochastic Oscillator and Average True Range (ATR) and available in my product page.


Settings :

Magic number : 229257 ( is the unique number assigned to the trades placed by the Expert Advisor  ) 


The parameters below can be set according to your trading rules.

  • StopLoss : ( Stop Loss in pips )
  • TakeProfit : ( Take Profit in pips )
  • TradeSize : 1.0
  • MaxOpenTrades=1 ( Maximum open trades per currency pair )
  • Hedging=true ( Hedging mode, set to true )


Some clarification to remember :

For 5-digit brokers : 1 Point=0.00001 and 1 Pip=0.0001 => 10 Points=1 Pip

For 4-digit brokers : 1 Point=0.0001 and 1 Pip=0.0001 => 1Points=1Pip

If your account type is Netting then set Hedging mode to false.


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版本 2.0 2020.07.25
The expert advisor is updated so that it will work properly on both 4 and 5-digit brokers.