๐งฉ What is MH Expert Advisor?
The MH Expert Advisor is an automated trading system that combines RSI indicator logic, martingale money management, compound growth and floating loss control.
This EA is designed to capture small profits frequently while managing drawdown through lot scaling and margin protection.
๐๐๐ย Buy this unlimited MH Expert Advisor MT4ย product hereย ๐๐๐
๐งฉ Trading Time & General Control Settings
| Parameter | Value | Description & Analysis |
|---|---|---|
MINIM_DAILY_PROFIT | 10000.0 | Daily profit target. Once reached, EA stops trading for the day to lock in gains. |
JAM_ON | 1 | Trading starts at hour 01 (broker time). |
JAM_OFF | 23 | Trading stops at hour 23. Almost full-day trading session. |
HEDGING | false | Hedging disabled. EA trades one market direction at a time (safer for margin). |
โ Assessment: The EA operates almost 24 hours with a daily profit cap, helping to reduce emotional and overtrading risks.
๐งฉ Margin & Floating Loss Protection
| Parameter | Value | Description & Analysis |
|---|---|---|
BATAS_FREE_MARGIN | 50.0 | Minimum free margin percentage. EA stops opening trades if margin is low. |
PARAMETER0 | PERCENTAGE FLOATING MINUS | Floating loss protection based on percentage drawdown. |
prosentase_floating_minus | 0.1 | Very tight floating loss limit (0.1%). Strong safety but may cut trades early. |
KETAHANAN | 666666.0 | Account endurance parameter (drawdown tolerance level). |
๐ก Assessment: This EA emphasizes capital preservation, especially important when martingale is enabled.
๐งฉ Indicator Logic โ RSI Strategy
| Parameter | Value | Description & Analysis |
|---|---|---|
PARAMETER1 | RSI | Main trading indicator. |
PERIOD_RSI | 14 | Standard RSI period (balanced & reliable). |
LEVEL_OS | 20 | Oversold level โ Buy signal area. |
LEVEL_OB | 80 | Overbought level โ Sell signal area. |
SHIFT_RSI | 1 | Uses closed candle data (prevents repainting). |
๐ Assessment: Using RSI 20/80 makes the EA more selective, reducing false signals and improving trade quality.
๐งฉ Lot Size & Money Management
| Parameter | Value | Description & Analysis |
|---|---|---|
lots | 0.01 | Base lot size (safe for small accounts). |
digit_belakang_lot | 2.0 | Lot precision (2 decimal places). |
USE_COMPOUND | true | Enables compound growth (lot size increases with balance). |
๐ Assessment: The Expert Advisorย (EA) automatically scales position size as equity grows, increasing profitability but also risk.
๐งฉ Take Profit, Stop Loss & Exit Rules
| Parameter | Value | Description & Analysis |
|---|---|---|
TP | 50 | Small take profit (scalping style). |
SL | 5000 | Very wide stop loss (rarely hit). |
tp_in_money | 999999.0 | Money-based TP disabled (set extremely high). |
โ๏ธ Assessment: This setup aims for frequent small wins, relying on martingale recovery instead of tight SL.
๐งฉ Martingale & Trade Recovery System
| Parameter | Value | Description & Analysis |
|---|---|---|
USE_MARTY | true | Martingale enabled (lot increases after loss). |
range | 20 | Distance (points) between martingale entries. |
multiplier | 1.5 | Lot multiplication factor (moderate martingale). |
โ ๏ธ Assessment: Martingale improves recovery speed but increases drawdown risk during strong trends.
๐งฉ Trade Limitation & Execution Control
| Parameter | Value | Description & Analysis |
|---|---|---|
MAX_OP_BUY | 1 | Maximum one Buy position at a time. |
MAX_OP_SELL | 1 | Maximum one Sell position at a time. |
MagicNumber | 12345 | Unique EA identifier. |
Slippage | 3 | Acceptable slippage (safe for volatile markets). |
โ Assessment: Position limits help control exposure and avoid excessive margin usage.
๐งฉ Overall Conclusion โ MH Expert Advisor Review
The MH Expert Advisor MT4 is a RSI-based scalping EA combined with martingale and compound money management.
It focuses on small, consistent profits while using recovery logic to manage losing trades.
๐ต Strengths
- Strong RSI signal filtering (20/80).
- Daily profit protection.
- Free margin safety control.
- Moderate martingale multiplier (1.5).
- Suitable for ranging markets.
๐ด Weaknesses
- Martingale increases drawdown risk.
- Very wide stop loss.
- Not ideal for strong trending markets.
- Requires sufficient capital & VPS.
๐ฏ Best Suitable For
- Medium to large trading accounts.
- Sideways / ranging markets.
- Traders experienced with martingale EAs.
- Low-spread brokers (ECN recommended).
