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Tree Of Life EA – Comprehensive Settings Breakdown (MT4)

The Tree Of Life EA is an automated trading system designed for MetaTrader 4 (MT4), built with flexibility, news filtering, martingale capability, and advanced risk management in mind. Below is a detailed overview of its settings, helping traders understand how the EA functions and how to optimize it for performance.

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Tree Of Life EA – Comprehensive Settings Breakdown (MT4) 4

🔧 Core Trading Settings

ParameterValueDescription
Lot TypeAuto LotAutomatically adjusts lot size based on account balance or equity.
Lotsize0.01Minimum trading volume used when not in auto mode.
AutoLot200The amount of balance required per 0.01 lot (e.g., $200 = 0.01 lot).
TakeProfit90Fixed take profit in points.
Max Spread40Maximum allowed spread (4.0 pips). Prevents trading during high spread periods.
Deviation10Maximum allowed slippage in points.

Stop Loss Configuration

ParameterValueDescription
StopLoss TypeBy PointSL defined by a fixed number of points.
StopLoss0No fixed stop loss set.
ATR Period for SL14Used if SL is calculated by ATR.
ATR Multiplier for SL1.0Multiplier for ATR-based SL.

🔄 Trailing Stop Features

ParameterValueDescription
Trailing Start10Start trailing when price moves 10 points in profit.
Trailing Stop9Trail the SL 9 points behind price.

🌀 Martingale Settings

ParameterValueDescription
Use MartingaletrueEnables the martingale strategy.
Lot Multiplier1.05Multiplies the lot size of the next trade after a loss.
Distance300Minimum distance in points between martingale orders.
Max Open Buy/Sell Trades4Maximum simultaneous buy/sell orders. Helps control risk.

⏱️ Trading Time Filter

ParameterValueDescription
Start Hour1Trading allowed from 01:00 server time.
Stop Hour23Trading stops at 23:00 server time.
GMT TypeManualManual GMT input for news filtering.
GMT (Manual Offset)3.0Used to align with actual market news release times.

🛡️ Equity Protection

ParameterValueDescription
CutLoss Minus %0.0No equity protection based on loss percentage.
CutLoss Minus $0No protection based on fixed dollar loss.
Max Daily Loss $0No daily loss limit set.
Max Daily Profit $0No daily profit target defined.

📰 Advanced News Filter

The EA integrates a robust news filtering system to avoid trading during high-volatility periods.

ParameterValueDescription
Use News FiltertrueEnables avoidance of trades near news events.
Include Low/Medium/High Impact NewstrueFilters trades based on all impact levels.
Filter Minutes (Before/After)VariesCustomizable time buffers before/after news for each impact level.
News Colors on ChartGreen/Blue/RedVisual distinction of news types (low/med/high impact).

🧩 General & Interface Settings

ParameterValueDescription
MaxNumber Number29Possibly an internal limit or ID setting.
EA CommentTree Of LifeOrder comment for identification.
Panel SettingsOnPanel is active for visual stats and info.
Panel Font Size8Text size for the panel display.
Update Every (hours)1.0Refreshes the panel hourly.

Summary

The Tree Of Life EA is a fully automated trading robot for MetaTrader 4 that combines smart lot management, customizable news filtering, martingale strategy, and time-based trading control. It is ideal for traders seeking:

  • Automated risk control.
  • Flexible trading timeframes.
  • Protection against news volatility.
  • A lightweight panel with real-time updates.

With a clear focus on stability and customizable parameters, this EA is suitable for both beginner and intermediate traders who aim to automate their strategy while retaining control over key risk factors.

jason
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