The Parabellum EA is a Forex Expert Advisor (EA) designed with flexible money management, risk control, and time-filtering parameters. The settings in the screenshot highlight its ability to adapt to different trading conditions while ensuring account safety. Let’s break them down in detail:
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⚙️ Risk Management Parameters
- Max Spread: 30.0
→ The EA will only trade when spreads are below 30 points, ensuring entries are not executed under high-cost conditions. - Take-Profit: 50.0
→ A fixed target for each position, aiming to secure quick and consistent profits. - Initial Lot: 0.01
→ Safe micro lot size, ideal for small accounts and conservative trading. - Lot Multiplier: 1.8
→ Used in grid or recovery mode, gradually increasing lot size while avoiding overly aggressive martingale escalation. - Min Distance Between Trades: 95 points
→ Ensures proper spacing between trades, reducing overexposure and avoiding clustered entries. - Martingale’s Trade Limit: 20
→ Caps the maximum number of martingale recovery trades to control account drawdown and limit risk. - Combined Loss to Close All Positions: 0.0
→ Disabled by default, meaning positions are managed individually unless customized for forced equity protection.
⏱ Trading Time Control
- TimeSend_Restricted: True
→ Trading is restricted to specific hours, avoiding volatile market conditions. - Start Time: 00:30
- End Time: 23:30
→ The EA is active almost the entire trading day, except for the last 30 minutes before midnight server time. This prevents slippage during market rollovers and spread widening.
✅ Conclusion
The Parabellum EA settings demonstrate a balanced approach to risk management and trading control. With a conservative starting lot size, controlled martingale multiplier, and time restrictions, the EA is designed to:
- Protect accounts from high spreads and market noise,
- Manage trades with structured lot progression,
- Maximize profit opportunities while keeping drawdown limited,
- Operate effectively across most trading sessions with minimal exposure to overnight volatility.
👉 In summary, Parabellum EA provides traders with a customizable yet safe grid/martingale strategy, making it suitable for both small and medium-sized accounts looking for steady automated trading performance.