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Configuration Parameters (Explained)
Variable | Value | Description |
---|---|---|
TINGA_TINGA_ROBOT_EA_V23 | TINGA TINGAS _ROBOT EA V23 | Identifier label of the EA version, mainly for user reference. |
Percent_Balance | 100 | The EA uses 100% of the account balance as the base for calculating risk or position size. This implies it is configured for full exposure unless capped elsewhere. |
RSI_period | 14 | Uses a 14-period Relative Strength Index (RSI) to filter trade entries—common in trend and reversal strategies. |
Percent_Profit (%) | 1000 | The EA aims to close trades when 1000% profit is achieved, based on the calculated base lot size or equity threshold. This is extremely aggressive and suitable for compounding strategies. |
Percent_Loss (%0) | 50 | The EA will force close all trades when loss reaches 50% of the balance, acting as a hard stop-loss to protect the account. |
Magic Number | 3328 | A unique identifier that allows MetaTrader to manage and distinguish this EA’s trades from others running simultaneously. |
📊 Trading Logic Summary
- ✅ RSI Entry System: Only enters trades based on RSI signal logic—likely oversold (30) or overbought (70) thresholds.
- 💰 Profit Objective: Targets 10x return (1000%) based on configured percentage parameters.
- 🛑 Risk Control: Cuts trading immediately upon reaching a 50% drawdown, a critical equity safeguard.
- 🔄 Balance-Based Scaling: Uses full account balance for position size determination, allowing scaling during profitable runs.
- 🔢 Magic Number Support: Allows running in parallel with other EAs on the same account without interference.
⚙️ Who Is This EA For?
This EA is best suited for:
- 🔥 Aggressive risk-tolerant traders.
- ⚙️ Traders using prop firm demo challenges.
- 💼 Traders managing high-risk, high-reward portfolios.
- 📈 EA testers looking for exponential compounding strategies with strict loss control.
🔍 Summary
In short, TINGA TINGAS ROBOT is a high-performance automated trading system designed for MetaTrader 4/5. It uses a 14-period RSI strategy to capture price reversals and applies a 1000% profit target with a built-in 50% equity stop-loss. Ideal for aggressive trading and prop challenge optimization, this EA is fully customizable and supports Magic Number for portfolio trading.