🧩 What is Yellow EA?
Yellow EA is an automated Forex trading Expert Advisor (EA) for MetaTrader 4 (MT4), commonly designed for grid, averaging, or semi-martingale strategies. The provided settings indicate a conservative to medium-risk configuration, prioritizing account safety, spread control, and automated risk management.
➡️ Vendor Website: View here
🧩 Core Trading & Risk Management Settings
🔹 EAMagic: 777111
- Unique magic number used to identify trades opened by Yellow EA.
- Prevents conflicts with other EAs running on the same account.
- ✅ Correct and necessary for multi-EA environments.
🔹 AutoLot: true
- Automatically calculates lot size based on account balance.
- Suitable for long-term trading and account scaling.
🔹 Lots: 0.01
- Default minimum lot size.
- Acts as a fallback if AutoLot is disabled.
🔹 Risk: 1.0
- Represents 1% risk per trading cycle.
- This is considered low risk, ideal for conservative traders and small accounts.
🔹 MaxLotSize: 500.0
- Maximum allowed lot size.
- Extremely high but only a safety cap—won’t be used unless the account is very large.
- ⚠️ Recommended to lower for retail accounts.
🔹 DD (Drawdown): 100.0
- Maximum allowable drawdown limit.
- Value suggests EA will not stop trading until full equity drawdown.
- ⚠️ High-risk tolerance; not ideal for beginners.
🧩 Order Execution & Profit Control
🔹 TakeProfitInPoints: 5.0
- Very small take-profit (scalping behavior).
- Indicates high-frequency trading strategy.
🔹 StopLoss: 0.0
- No fixed stop loss.
- EA likely relies on grid recovery or averaging.
- ⚠️ Increases risk during strong market trends.
🔹 TrailingStop: 0.0
- Trailing stop disabled.
- Profits are closed only by TP or strategy logic.
🧩 Position & Grid Management
🔹 ZeroPositions: false
- EA does not force closing all trades at break-even.
- Allows flexible recovery strategies.
🔹 LotMult2way: 1.5
- Lot multiplier for grid/martingale logic.
- Moderate multiplier → controlled risk escalation.
🔹 ClosePreviousPositions: false
- EA keeps previous trades open.
- Confirms grid or averaging system behavior.
🧩 Market Filters & Safety Controls
🔹 AutoPriceCorridor: true
- EA automatically calculates price range for trading.
- Helps avoid entries outside optimal volatility zones.
🔹 MaxPriceCorridor: 30.0
- Limits how far price can move before EA stops opening new trades.
- Useful for range-based strategies.
🔹 MaxSpread: 25.0
- EA will not trade if spread exceeds 25 points.
- Protects against high-spread conditions (news, rollover).
🔹 PipsOfIncrement: 0
- Grid spacing determined dynamically.
- Adds flexibility to trade logic.
🧩 Trading Schedule & Automation
🔹 TradeOnFridays: false
- EA avoids trading on Fridays.
- Reduces risk of weekend gaps.
🔹 SaveDeposit: false
- No equity protection or profit locking enabled.
🔹 SafeMode: true
- Critical safety feature.
- Limits aggressive behavior during volatile markets.
- ✅ Strongly recommended to keep enabled.
🔹 Autotrading: true
- Fully automated trading mode enabled.
🧩 Platform & Interface Settings
🔹 End_Style_M5_Trading: false
- EA not restricted to M5 timeframe only.
🔹 QuotesMult: 10.0
- Broker quote multiplier (important for 5-digit brokers).
- Correct value for most modern MT4 brokers.
🔹 ShowTradingPanel / ShowInfoPanel: false
- Visual panels disabled.
- Improves platform performance.
🔹 Panel_Language: English
- Interface language set to English.
🔹 TextColor: White
- UI customization only.
✅ Final Conclusion: Is This a Good Yellow EA Setup?
Yes—with conditions.
✔ Strengths:
- Low risk percentage (1%).
- Auto lot sizing enabled.
- Spread and price corridor filters active.
- SafeMode enabled.
- Friday trading disabled.
- Conservative grid multiplier (1.5).
⚠️ Weaknesses:
- No stop loss.
- High drawdown limit (100%).
- Scalping TP (5 points) sensitive to spread & execution.
- Grid strategy exposed to strong trends.
🔎 Best Use Case:
- Cent accounts.
- Low-spread brokers.
- Sideways or ranging markets.
- Traders with high risk tolerance and long-term capital management.
