🧩 What is Ophiuchus Paid Version EA?
The Ophiuchus Paid Version EA for MT4 is an automated trading system designed with grid-based order management, high–low price logic, and strict trade control parameters. The settings panel reflects a focus on risk control, scalability, and manual intervention flexibility, making it suitable for experienced traders and account managers.
🧩 Trade Management Settings
🔹 Profit Target for Each Order: 40
- Defines a fixed take-profit value (likely in pips or points).
- Ensures consistent partial profit-taking across grid orders.
- Suitable for scalping and short-term mean reversion strategies.
🔹 Starting Lots: 0.01
- Ultra-low initial lot size.
- Ideal for small accounts, testing environments, or conservative risk profiles.
- Allows the EA to safely scale positions if martingale or grid logic is used.
🔹 Maximum Number of Trades: 99
- Indicates a deep grid capability.
- Requires sufficient margin and drawdown tolerance.
- Best used on high-balance or cent accounts.
🔹 Max Spread Allowed: 20.0
- Prevents trading during high-spread conditions (news, low liquidity).
- Enhances execution quality and cost control.
🔹 Magic Number: 20200222
- Unique identifier to isolate Ophiuchus EA trades.
- Essential for running multiple EAs or symbols on the same MT4 account.
🔹 Select Currency Mode: EURUSD
- EA is optimized specifically for EUR/USD.
- Suggests backtesting and logic calibration are pair-dependent.
🧩 Stop Trading New Series Period
🔹 Start Time: 2020.10.01 00:00
🔹 End Time: 2020.10.01 00:00
- This feature allows traders to disable opening new trade series within a defined time window.
- Since start and end times are identical, this function is effectively inactive.
- Useful for news avoidance or account protection during volatile sessions.
🧩 High–Low Trading Logic (Core Strategy)
🔹 Open Next Order Near High for Sell or Low for Buy: false
- High–Low mode is disabled by default.
- EA currently relies on standard grid or price-distance logic instead of market extremes.
🔹 Range from High/Low to Open Next Order: 100
- Defines the acceptable price distance from recent highs/lows.
- Relevant only when High–Low mode is enabled.
🔹 Day Range Used to Determine High or Low: 5 Days
- Uses a 5-day historical range to identify swing highs and lows.
- Improves market structure awareness and avoids short-term noise.
🔹 Automatically Open New Order After This Order: 0
- No forced trigger for High–Low continuation.
- Gives full control to the main EA logic.
🔹 Only Open Next Order if Price Exceeds This Gap: 500 pips
- Strong anti-overtrading filter.
- Prevents excessive grid density during ranging markets.
🧩 Manual Action & Trade Control
🔹 Enable Last Trade: false
- Disables manual “last trade” intervention.
- Reduces human error but limits emergency exit control.
🔹 Re-update Profit Target for Orders: false
- TP values remain static after order placement.
- Indicates a fixed-target strategy, not adaptive trailing logic.
🔹 Enable Auto Switch on Buy/Sell Button: false
- Manual trade direction switching is disabled.
- EA remains fully autonomous once activated.
🧩 Notification Settings
🔹 Receive Notification After Total Orders Exceed: 18
- Sends alerts when trade count exceeds 18.
- Critical for drawdown monitoring and risk awareness.
- Especially important given the high maximum trade limit (99).
🧩 Strengths of Ophiuchus EA MT4
✅ Conservative starting lot size
✅ Strong spread and trade-count protection
✅ Advanced High–Low logic (optional but powerful)
✅ Suitable for grid and recovery strategies
✅ Manual and notification controls for risk management
🧩 Potential Risks & Considerations
⚠️ High maximum trade count requires large margin
⚠️ Grid strategies can experience deep drawdowns
⚠️ High–Low mode disabled by default (less market-adaptive)
⚠️ Fixed take-profit may underperform in trending markets
🧩 Final Conclusion
The Ophiuchus Paid Version EA MT4 is a robust grid-based trading system designed for disciplined traders who prioritize risk control and long-term consistency. With conservative defaults, strong spread filtering, and optional High–Low logic, it performs best on EURUSD under stable market conditions.
However, due to its high trade capacity, it is recommended for:
- Accounts with sufficient equity
- Traders who understand grid/martingale risks
- Users who actively monitor drawdown and margin levels
👉 Overall Rating: ⭐⭐⭐⭐☆ (4/5)
👉 Best For: Intermediate to advanced MT4 traders seeking automated grid strategies with manual control flexibility.
