๐งฉ What is Fundamental Trader EA?
Fundamental Trader EA is a sophisticated trading assistant and fully automated system designed to align retail traders with Institutional “Smart Money.” It aggregates real-time macro data, bank forecasts, and retail sentiment into a single unified dashboard, empowering both manual and algorithmic traders to make high-probability decisions.
๐งฉ General Expert Advisor Configuration
The Fundamental Trader EA is configured with a hybrid trading logic, combining technical scalping and macro-fundamental bias filtering.
Key observations:
- Technical Method: Super Trend Scalp
โ Indicates short-term, momentum-based entries aligned with trend direction. - Macro Fundamental Method: Trade by Fundamental Bias (ON)
โ Trades are filtered using economic sentiment and macro data. - Mix Signals: ON
โ Confirms trades only when technical and fundamental signals agree. - Working Timeframe: H1
โ Medium-frequency trading, avoiding excessive noise from lower timeframes. - Maximum Spread Allowed: 30 points
- Maximum Slippage Allowed: 25 points
โ Suitable for volatile market conditions and news-aware trading.
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Conclusion:
This EA is designed for controlled, confirmation-based trading, not aggressive high-frequency scalping.
๐งฉ Risk & Money Management Analysis
Capital Protection Settings
- Auto Lot (Money Management): ON
- Risk per Trade: 0.5%
- Maximum Order Lot: 5.0
- Limit pairs traded simultaneously: 8
- Auto Close Profit Target: $100
- Drawdown Control:
- Type: Stop Taking New Positions
- Drawdown Check: Total Balance
๐ Risk Profile: Conservative to Moderate
The EA prioritizes capital preservation, limiting exposure during drawdown periods.
Stop Loss & Take Profit
- ATR-based SL/TP: OFF
- Static Stop Loss: 2500 points
- Static Take Profit: 2000 points
- Risk/Reward Ratio: 1.8
โก๏ธ Fixed exits suggest predictable risk modeling, though adaptability to volatility is limited.
๐งฉ Martingale Strategy Evaluation
The EA uses a controlled dynamic martingale system, not a classic aggressive grid.
Key Martingale Parameters:
- Martingale Function: ON
- Dynamic Martingale Step: ON (Recommended)
- Max Martingale Positions: 15
- Alpha (Distance Multiplier): 1.8
- Classic Martingale Multiplier: 0 (Disabled)
โ ๏ธ Safety Notes:
- No aggressive lot multiplication
- Distance-based scaling instead of volume scaling
- Trend-change safety options are OFF (risk remains in strong reversals)
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Conclusion:
This is a soft martingale / recovery strategy, safer than traditional martingale but still requires disciplined risk control.
๐งฉ Trailing Stop & Break-Even Settings
- Main Trailing Stop: OFF
- ATR Trailing Stop: ON
- Trail Size: 200 points
- Break-Even Activation: After 0.5% profit
๐ This setup favors letting winners run, while protecting profits during favorable momentum.
๐งฉ Multi-Currency & Market Coverage
The EA supports extensive market diversification:
Traded Instruments
- Forex Majors & Crosses: EUR, USD, GBP, JPY, AUD, NZD, CHF, CAD
- Commodities: Gold (XAUUSD), Silver (XAGUSD), Oil (WTI, BRN)
- Crypto: BTCUSD, ETHUSD, LTCUSD, XRPUSD
- Indices: Dow Jones, S&P 500, Nasdaq, DAX, GER40
๐ Multi-asset capability significantly improves risk distribution.
๐งฉ News Filter & Fundamental Intelligence
This is one of the strongest components of the EA.
News Protection
- News Source: Investing.com
- High Impact News Filter: ON
- NFP Filter: ON
- FOMC Filter: ON
- USD News Affect All Pairs: ON
- Pause Before/After High News: 360 minutes
- Pause Before NFP/FOMC: 7200 minutes
๐ง The EA avoids trading during high-volatility macro events, drastically reducing slippage and stop-loss spikes.
๐งฉ Time Management & Trading Schedule
- Trading Days: Monday to Friday
- Weekend Trading: OFF
- Trading Time: 00:00 โ 24:00 (Full session)
- Holiday Trading: OFF
โฑ๏ธ Designed for institutional-style trading discipline.
๐งฉ Panel, Alerts & Visualization Tools
- Fundamental Box, COT Data, Retail Sentiment, Risk Sentiment: ON
- Market Watch Color Coding by MA Trend: ON
- Alerts & Pattern Detection: Enabled but conservative
๐ These tools improve decision transparency and monitoring, even for semi-manual traders.
๐งฉ Final Verdict: Is Fundamental Trader EA Worth Using?
โ Strengths
- Strong fundamental + technical integration
- Conservative risk & drawdown protection
- Intelligent news and macro filters
- Multi-asset & multi-currency diversification
- Soft martingale with dynamic distance control
โ ๏ธ Weaknesses
- Fixed SL/TP may underperform in changing volatility
- Martingale still increases exposure in prolonged trends
- Requires well-capitalized accounts for safety
โญ Overall Conclusion
The Fundamental Trader EA MT4, based on these settings, is best suited for:
- Traders seeking long-term account stability
- Users who value fundamental awareness
- Medium-risk portfolios with sufficient margin
- VPS-based, 24/5 automated trading
