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Hot Point AUTO EA MT4 Settings Review & Full Analysis

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30/12/2025

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🧩 What is Hot Point AUTO EA?

Hot Point AUTO EA is a fully automated trading system designed with balance-based risk control, virtual balance logic, recovery mechanisms, and optional news filtering. Based on the configuration shown, this EA is set up for moderate-risk, long-term automated trading, prioritizing capital protection and recovery rather than aggressive scalping.

🧩 MAIN PARAMETERS – Core Trading Logic

1. Balance & Risk Configuration

• AutoFixBalance: false
  • EA does not automatically adjust balance references.
  • Trader maintains manual control over capital logic.
• Fixed Balance: 0.0
  • Disabled, meaning EA uses the real account balance.
• Risk (2000 = High, >5000 = Low): 5000
  • Configured at a low-risk level.
  • Indicates conservative position sizing, ideal for account preservation.
• Min Lot To Start (relative value): 0.01
  • Minimum starting lot is very small.
  • Suitable for small or medium accounts.
• Frequency (0.001 High – 0.01 Low): 0.01
  • Trading frequency is set to low.
  • Reduces overtrading and drawdown.

✅ Risk Profile: Low to Medium (Capital-protection focused)

2. Lot Control & Virtual Balance

• Max Total Lots (relative value): 10.0
  • Caps total exposure across all positions.
• VirtualBalance (Recommended 5000–20000): 5000
  • EA uses a virtual balance for internal calculations.
  • Improves stability and prevents overexposure during drawdowns.
• VirtualMaxLots: 10.0
  • Maximum lots allowed within the virtual balance logic.

🔍 Virtual balance is a professional-grade feature, commonly used in advanced EAs.

3. Time & Broker Adaptation

• AutoGMT: true
  • Automatically detects broker time offset.
  • Reduces errors related to trading sessions.
• ManualGMTOffset: 2
  • Backup offset if AutoGMT fails.
• SummerTime: false
  • Daylight saving adjustments disabled.
• Slippage: 5.0
  • Allows moderate slippage.
  • Suitable for volatile market conditions.
• SpreadLimit: 3.0
  • EA will not trade if spread exceeds 3 pips.
  • Protects against high transaction costs.
• Commission: 0.0
  • No commission factored into calculations.

4. Safety & Identification

• StopLossProtection: 0.0
  • No fixed stop loss.
  • Risk is managed through recovery and balance logic.
• Magic Number: 78985
  • Unique trade identifier.
• Orders Comment: “HOT POINT AUTO”
  • Easy trade tracking.
• FIFO: false
  • Not compliant with FIFO rules (may not work on US-regulated brokers).

🧩 OPTIONS – Trading Control Features

5. Time Filter & Weekend Protection

• Time Filter (Set on Greenwich): false
  • Time-based trading disabled.
• HourStart: 18 | HourEnd: 13
  • Inactive due to disabled time filter.
• Close and Remember Before Weekend: true
  • EA closes trades before the weekend.
  • Remembers positions for recovery after reopening.

✅ Strong protection against weekend gaps.

• Close All And Restart After DD %: 100.0
  • Emergency reset only after full drawdown.
  • Extremely conservative threshold.

🧩 AUTO RESTART PARAMETERS

• Auto Restart: false
• Auto Restart From Days: 30
• Forced Restart: false

EA is designed to run continuously, without forced resets.

🧩 Trade Management Enhancements

• Partition Close: true
  • Closes trades in partial segments.
  • Helps reduce floating drawdown gradually.
• Limit Orders of Symbol (0 = No Limits): 0
  • Unlimited orders allowed per symbol.
• Slow Closing on Friday: false
  • Friday-specific closing logic disabled.

🧩 RECOVERY SYSTEM – Advanced Risk Handling

6. Global Recovery 2019 (Enabled)

• GlobalRecovery2019: true
  • EA uses a global recovery algorithm.
• BalanceLimitPercent: 100.0
  • Recovery operates across full virtual balance.
• Increment: 0.0
  • No aggressive lot escalation.
• UseGlobalVariableForRecovery: false
  • Recovery logic remains local to EA instance.
• ExtraRecovery (work if >1): 0.0
  • Additional recovery layers disabled.

⚠️ Recovery is active but not aggressive, which limits risk escalation.

🧩 NEWS FILTER – Fundamental Protection

• NewsFilter: false
  • News filter is currently disabled.
• HighImpact: true
• MiddleImpact: true
• LowImpact: false
• Speaks: true
• USDNewsForAll: true
• MinsBeforeNews: 30
• MinsAfterNews: 30

🔎 News parameters are pre-configured but inactive.
Activating the news filter would significantly improve safety during economic events.

🧩 Overall Strategy Profile

🧩 Final Conclusion

Based on the provided settings, Hot Point AUTO is configured as a capital-protection-focused automated trading system with advanced virtual balance management and a conservative global recovery strategy. The EA prioritizes drawdown control, trade partitioning, and long-term stability rather than fast or aggressive profit generation.

✅ Strengths:

• Professional virtual balance system
• Conservative risk and frequency settings
• Weekend gap protection
• Advanced recovery logic without martingale escalation
• Spread control enabled

⚠️ Weaknesses:

• No hard stop loss
• News filter disabled by default
• FIFO incompatibility
• Recovery-based systems still carry trend risk

🔑 Best Use Case:

• Medium to large trading accounts
• Stable or ranging markets
• Traders seeking automated consistency over time

🚫 Not Ideal For:

• Small, undercapitalized accounts
• High-impact news trading
• Highly volatile trend conditions

➡️ Overall Rating: ⭐⭐⭐⭐☆ (4/5 for safety, structure, and long-term automation)