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Money Box Robot MT4 – Settings Overview

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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Money Box Robot MT4 - Settings Overview 4

⚙️ Key Trading Parameters

VariableValueDescription
MoneyM0.1Money Management factor – likely determines lot size scaling per equity.
Manual_Lot0.0Indicates automatic lot sizing is active (overrides manual lot settings).
TakeProfit1788.0The Take Profit level set in price (likely for XAUUSD or similar assets).
StopLoss1989.0The Stop Loss level, also based on price – unusually wide risk threshold.
Broker_GMT2Time offset from GMT to sync with broker’s server time (important for timing).
MagicNumber378995Unique identifier for the EA’s trades to avoid conflict with other EAs.
X447Custom variable – possibly a volatility filter, signal strength, or period.
rsi_period14Standard Relative Strength Index (RSI) period – used for trend detection.

🧠 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 1788.0 and Stop Loss at 1989.0, 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.

✅ 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 — making it ideal for both retail traders and those trading under proprietary firm conditions.

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