Money Box Robot MT4 is a fully automated trading system designed for the MetaTrader 4 (MT4) platform. Each parameter plays an important role in determining the behavior and risk level of the robot during live trading or backtesting.
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โ๏ธ Key Trading Parameters
| Variable | Value | Description |
|---|---|---|
MoneyM | 0.1 | Money Management factor โ likely determines lot size scaling per equity. |
Manual_Lot | 0.0 | Indicates automatic lot sizing is active (overrides manual lot settings). |
TakeProfit | 1788.0 | The Take Profit level set in price (likely for XAUUSD or similar assets). |
StopLoss | 1989.0 | The Stop Loss level, also based on price โ unusually wide risk threshold. |
Broker_GMT | 2 | Time offset from GMT to sync with broker’s server time (important for timing). |
MagicNumber | 378995 | Unique identifier for the EA’s trades to avoid conflict with other EAs. |
X4 | 47 | Custom variable โ possibly a volatility filter, signal strength, or period. |
rsi_period | 14 | Standard Relative Strength Index (RSI) period โ used for trend detection. |
๐ง Strategy Insights
- The Money Management system is active (
MoneyM = 0.1), while fixed lot size (Manual_Lot) is disabled, making the EA dynamically adjust risk based on balance/equity. - With a Take Profit at
1788.0and Stop Loss at1989.0, the robot is likely trading reversal or countertrend setups. The values resemble price levels, suggesting this EA trades symbols like XAUUSD (Gold). - The RSI period of 14 is a classic default, hinting at momentum or overbought/oversold detection as part of the entry logic.
- The wide distance between TP and SL indicates that the EA may rely on tight filtering conditions to ensure high-probability entries, rather than frequent scalping.
- The Broker GMT offset ensures the robot operates at optimal trading sessions, such as the London or New York open.
โ Conclusion
Money Box Robot MT4 uses a smart combination of price-level targeting and RSI-based entry signals. The automatic money management system adjusts trade sizes according to account balance, helping traders maintain consistent risk exposure. With wide TP/SL levels and unique identifiers, the EA is clearly designed for medium- to long-term swing trades, especially on assets like gold (XAUUSD).
These settings suggest a strategy focused on precision entries, strict control, and adaptability to various broker environments โ making it ideal for both retail traders and those trading under proprietary firm conditions.
