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Alfa QuantFX EA MT4 – Expert Advisor Settings Breakdown

AlfaQuantFX EA is a lightweight yet efficient Expert Advisor (EA) designed for precision trading with fixed lot sizes and customizable stop/target logic. Below is an in-depth analysis of its configuration parameters for effective deployment.

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Alfa QuantFX EA MT4 – Expert Advisor Settings Breakdown 4

📋 General Inputs & Settings

ParameterValueExplanation
Lots0.01Fixed lot size per trade. Ideal for small account testing and controlled risk.
Pip_Step80.0The minimum distance (in points or pips, depending on broker) between orders—typically used in grid or step-based strategies.
MM (Money Management)falseDisables dynamic lot sizing. The EA will use the fixed lot size defined in Lots.
  • This EA prioritizes manual control over risk by turning off auto money management (MM = false), allowing consistent lot sizes across trades—suitable for scalping or conservative strategies.

🎯 Risk Management Parameters

ParameterValueExplanation
TakeProfit100.0Fixed take profit level (likely in points, equivalent to 10 pips for most brokers).
UseStopLosstrueEnables stop-loss logic.
StopLoss4000.0Hard stop-loss set at 4000 points (400 pips), offering a very wide safety buffer—suitable for swing or grid strategies.
  • With a wide SL and tight TP, the EA is likely aiming for frequent small wins and can handle larger market fluctuations.

🔁 Trailing Stop Settings

ParameterValueExplanation
UseTrailingStoptrueActivates trailing stop function.
TrailStart13.0Trailing stop will be initiated once the trade is 13 pips in profit.
TrailStop3.0The stop-loss will trail the price by 3 pips, helping secure gains.
  • This trailing configuration allows the trade to lock in profits after minor moves while still giving the price room to breathe, which is ideal for volatile market conditions.

✅ Summary – Why Use AlfaQuantFX EA MT4?

  1. Minimal Risk Setup: Fixed lot sizes with full manual control.
  2. Simple Yet Effective: Optimized for traders who want basic SL/TP and trailing logic without complex algorithms.
  3. Trailing Protection: Locks in profits while minimizing early stop-outs.
  4. Grid-Ready: The pip step feature can be adapted to grid trading.
  5. Low Resource EA: Lightweight and fast execution—suitable for low-latency VPS and ECN brokers.
  6. Customizable Safety: Extremely flexible Stop Loss system with both hard and trailing stop functionality.

🔧 Best Use Case Recommendations

  • Account Size: From $100 and above.
  • Best Pairs: EURUSD, GBPUSD, USDJPY (low spread recommended).
  • Timeframe: M5 to M15.
  • Broker: ECN with tight spreads and fast execution.
  • VPS: Recommended for 24/5 uptime and low latency.

📌 Conclusion

AlfaQuantFX EA MT4 is an excellent choice for traders seeking a clear, rule-based EA with simple but powerful configuration options. With fixed lot control, trailing stop security, and wide SL/TP ratios, it offers a balance between safety and profitability, making it ideal for both beginners and pros running side strategies or low-risk automation.

jason
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