🧩 Overview of Ilan Dynamic Pro EA
Ilan Dynamic Pro is an advanced grid-based automated trading system that combines dynamic lot sizing, technical indicators, and trailing stop logic. Based on the configuration shown in the image, this EA is optimized for moderate-to-high risk trading, targeting consistent profits during ranging and corrective market conditions rather than strong trends.
🧩 BASIC PARAMETERS – Core Trading Configuration
1. Position & Trade Direction
- Positions: Long & Short
- EA can open both buy and sell positions.
- Enables profit opportunities in both bullish and bearish markets.
- Timeframe: Current
- Trades on the chart timeframe.
- Performance depends heavily on timeframe selection (best on M15–H1).
- Magic Number: 57627
- Unique identifier for EA-managed trades.
2. Trading Session & Lot Control
- Start Time: 00:00 | Stop Time: 00:00
- No time restriction.
- EA trades 24/5.
- Balance: 0.0
- Uses real account balance.
- Lots: 0.1
- Starting lot size is relatively aggressive.
- Suitable only for well-capitalized accounts.
- Max Lots: 1.0
- Caps maximum exposure.
- Helps prevent uncontrolled lot escalation.
✅ Risk is partially controlled by max lot limitation.
3. Profit, Stop & Grid Logic
- Stop Loss K: 0.0
- No fixed stop loss.
- EA relies on grid recovery and trailing stop logic.
- Take Profit K1: 8.0
- Take Profit K2: 2.0
- Dynamic profit coefficients.
- Adjust take profit levels based on market conditions and trade sequence.
- Shift K: 4.0
- Controls grid spacing between orders.
- Wider spacing reduces trade frequency but increases holding time.
4. Execution & Risk Protection
- Market Execution: true
- Uses market orders instead of pending orders.
- Slippage: 10
- Allows higher slippage.
- Suitable for volatile conditions but may increase execution cost.
- Maximal Drawdown: 50.0
- EA stops trading after 50% drawdown.
- High risk tolerance setting.
⚠️ This drawdown level is very aggressive for most traders.
🧩 TRAILING STOP SETTINGS
- Use Trailing Stop: true
- Enables dynamic trade exit.
- Level: 350
- Step: 10
- Trailing stop activates after price moves 350 points in profit.
- Adjusts every 10 points.
🔍 Helps lock profits during favorable moves but activates relatively late.
🧩 INDICATOR-BASED ENTRY SYSTEM
5. Relative Strength Index (RSI)
- Period: 21
- Apply to: Close
- Detects overbought and oversold conditions.
- Longer period reduces false signals.
6. Stochastic Oscillator
- %K Period: 21
- Slowing: 7
- Price Field: Low/High
- Confirms momentum reversals.
- Works well in sideways markets.
7. Money Flow Index (MFI)
- Period: 21
- Combines volume and price analysis.
- Filters weak signals.
8. Bollinger Bands
- Period: 21
- Deviations: 2.5
- Apply to: Close
- Identifies volatility expansion and price extremes.
9. Average True Range (ATR)
- Period: 21
- Measures volatility.
- Used to dynamically adapt grid spacing and trade logic.
🧩 COMMON PARAMETERS & USER INTERFACE
- Comments: true
- Sounds: true
- Visualization: true
Provides real-time monitoring and alerts.
🧩 Overall Trading Profile
| Aspect | Evaluation |
|---|---|
| Risk Level | Medium – High |
| Trading Style | Grid + Indicator Confirmation |
| Stop Loss | Not Used |
| Max Drawdown | 50% |
| Market Type | Ranging / Corrective |
| Lot Size | Aggressive |
| Best Timeframe | M15 – H1 |
| Suitable Account | Medium to Large |
🧩 Final Conclusion
Based on the displayed settings, Ilan Dynamic Pro EA is configured as a high-performance grid trading robot that leverages multiple technical indicators and trailing stop mechanisms to capture market retracements. The Expert Advisor (EA) is designed for experienced traders who understand grid-based risk and can tolerate deep drawdowns during unfavorable market conditions.
✅ Strengths:
- Multi-indicator confirmation system
- Dynamic take profit logic
- Trailing stop for profit protection
- Max lot limitation to control exposure
- Trades both long and short
⚠️ Weaknesses:
- No hard stop loss
- High starting lot (0.1)
- Large allowed drawdown (50%)
- Sensitive to strong trending markets
🔑 Best Use Case:
- Well-funded accounts
- Sideways or mildly trending markets
- Traders seeking aggressive profit potential
🚫 Not Recommended For:
- Small accounts
- Conservative or beginner traders
- High-impact news periods
