🧩 What is EA Maestro MT4?
EA Maestro MT4 is an automated Forex Expert advisor (EA) designed around grid-based trading with risk controls, news filtering, spread protection, and time restrictions. From the settings shown, EA Maestro targets stable intraday trading, primarily optimized for EURUSD, with emphasis on capital protection and controlled drawdown.
🧩 Lot Size & Money Management
🔹 Lot Settings
- Lots: 0.03
→ Fixed base lot size, suitable for small to medium accounts. - Base: 1000.0
→ Reference balance for lot calculation when AutoLot is enabled. - AutoLot: true
→ Dynamic lot sizing scales positions according to account balance.
✅ Analysis:
This setup ensures flexible money management, allowing the EA to adapt lot size automatically while keeping exposure relatively low. Ideal for traders seeking slow but consistent growth.
🧩 Core Trading Settings
🔹 Buy & Sell Control
- SetBuy: true
- SetSell: true
→ EA trades in both bullish and bearish market conditions.
🔹 Profit Target
- TakeProfit: 5.0 pips
→ Small TP indicates a scalping or grid-scalping strategy, aiming for frequent small gains.
🔹 Trailing & Breakeven
- UseTrailing: false
- Breakeven: 1.4
- TrailStart: 2.6
- TrailSize: 1.8
✅ Analysis:
Trailing stop is disabled, but breakeven is active. This means trades are protected early without aggressively trailing price, reducing premature exits.
🧩 Grid & Recovery Strategy
🔹 Grid Parameters
- GridTP: 1.0
- Scale: 1.27 (Lot multiplier)
- Step1: 15.0
- Step2: 20.0
- Step3: 40.0
- MaxOrders: 15
🔹 Re-entry Logic
- RepeatBuy: true
- RepeatSell: true
⚠️ Analysis:
EA Maestro uses a multi-step grid system with increasing distance between orders:
- Moderate lot multiplier (1.27) → less aggressive than martingale
- Wide grid spacing reduces rapid drawdown
- Max order cap limits overexposure
This grid structure is designed as a recovery mechanism, not a high-risk martingale.
🧩 Spread Filter (Execution Protection)
- UseSpreadFilter: true
- MaxSpread: 1.5
✅ Analysis:
Trades are only opened under acceptable spread conditions, which is critical for grid and scalping strategies.
🧩 News Filter (High-Impact Protection)
🔹 News Levels Supported
- Low Impact: Pause 5 min before / after (Blue)
- Medium Impact: Pause 10 min before / after (Green)
- High Impact: Pause 15 min before / after (Red)
- NFP News: Pause 30 min before / after (Yellow)
- DetectLow / Middle / High / NFP News: true
- SymbolNews: true
- ShowNews: true
- ZoneGMT: 2
✅ Analysis:
This is a professional-grade news filter, effectively preventing trades during volatile economic releases, especially critical for grid EAs.
🧩 Time Filter
- StartHour: 3
- StopHour: 21
✅ Analysis:
EA trades only during high-liquidity market hours, avoiding rollover and low-volume sessions that could harm grid strategies.
🧩 Risk & Equity Protection
- Rndsize: 10
- EquitySave: false
- EquityRisk: 80.0
⚠️ Analysis:
- Equity protection is defined but currently disabled
- 80% equity risk limit is high, meaning traders should enable EquitySave if capital preservation is a priority
🧩 Interface & Identification
- ShowPanel: true
- Comment: MAESTRO EURUSD
- BMagic: 777
- SMagic: 778
✅ Analysis:
Magic numbers allow clean separation of trades, while the panel improves transparency and monitoring.
🧩 Final Conclusion – EA Maestro MT4 Performance Outlook
EA Maestro MT4 is a structured grid-scalping Expert Advisor with strong safety filters and moderate risk exposure.
✅ Strengths:
- Smart grid spacing and lot scaling
- Advanced news and spread filters
- Adaptive AutoLot money management
- Optimized for EURUSD
- Trades both directions
⚠️ Weaknesses:
- Equity protection is disabled by default
- Grid strategy still requires proper account size
- Best performance depends on low-spread brokers
⭐ Overall Rating:
8.3 / 10 – A solid choice for disciplined grid trading with risk controls
