Ilan MT4 v6.10 with SetFiles (Platform build 1441+)
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What is Ilan MT4?
Ilan MT4 is an automated trading Expert advisor (EA) compatible with the Metatrader 4 (MT4) platform. The robot is fully automated and integrates safe trading features, optimized for trading with EURUSD, GBPUSD, USDCHF, USDJPY and USDCAD. Ilan EA has passed the professional trading tests and achieved excellent performance.
➡️ Vendor website: View here
About the Author
This product is compiled by Andrey Khatimlianskii. This Ukraine author has more than +11 years of experience working on MQL5 and created 15 products, famous products such as Ilan MT4, Ilan MT5, Market Screener EA and others. Among them, Ilan MT4 is his most famous product.
How to trade Strategies?
🔹Opening orders: Ilan EA can open buy, sell or both orders depending on the settings.
🔹Capital management: Uses a multiplier system to increase profits when the market is favorable and limits the number of orders in one direction to manage risk.
🔹Take profit and stop loss: EA automatically sets Take Profit (TP) and Stop Loss (SL) for each order, with the ability to adjust according to the number of digits of the quote.
🔹Risk management: Limits the number of orders in one direction and sets Stop Loss for the last order in the order chain to control risk.
Key Features of Ilan MT4
🔹Automatic trading: Open and manage orders automatically based on the set parameters.
🔹Flexible capital management: Allows to adjust the initial lot, lot growth factor and order limit to suit the trading account.
🔹Close and stop mode: Allows to close all orders and stop the EA when necessary.
🔹Compatibility: Can use multiple EA versions on the same account without conflicts.
🔹Highly customizable: Allows to adjust important strategy parameters such as trading direction, price step, Take profit, Stop loss and maximum number of orders.
🔹Risk management: Limit the number of orders and set Stop loss (SL) for the last order in the chain.
Outstanding Advantages
🔹Popular strategy: Known to many traders, both new and experienced.
🔹Ease of use: Simple installation and operation.
🔹Flexibility: Can be used with manual trading without affecting the EA’s performance.
🔹Testing capabilities: EA performance can be tested using the strategy tester.
Ilan MT4 Review
Ilan EA for MetaTrader 4 passed meticulous tests and proved effective with small capital from only $100, Trader can change settings and optimize the trading system according to his own style and risk tolerance.
Ilan EA MT4 Review
Ilan MT4 Review
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M5 (5 minute chart) |
| Minimum / Recommended deposit | $100 |
| Currency pairs | EURUSD, GBPUSD, USDCHF, USDJPY and USDCAD |
| Setup files | Available |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
1. Experts:
✅ Ilan EA v6.10_fix.ex4
2. Presets:
✅ CADCHF_H1.set
✅ EURGBP_H1.set
➡️ Setting Guide: View here
Conclusion
In short, Ilan MT4 is a flexible and automated trading solution with advanced capital management, customizable strategies, and built-in risk controls. Supporting multiple currency pairs and starting with just $100, it offers both beginners and experienced traders a reliable way to optimize profits. With proven performance and high adaptability, Ilan EA remains a trusted tool for achieving long-term forex trading success.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ Which trading platform is Ilan MT4 compatible with?
Ilan MT4 is designed for the MetaTrader 4 (MT4) platform, terminal build 1420 or higher.
❓ Which currency pairs does Ilan MT4 trade?
It is optimized for EURUSD, GBPUSD, USDCHF, USDJPY, and USDCAD.
❓ What is the minimum deposit required to use Ilan MT4?
You can start trading with as little as $100, making it suitable for small accounts.
❓ Which timeframe is recommended for Ilan MT4?
The EA is designed to work best on the M5 (5-minute) timeframe.
❓ Does Ilan MT4 use risky strategies like Martingale?
Ilan MT4 uses a multiplier system for capital management but includes strict controls, such as limiting the number of orders and applying stop loss, to reduce risk.
❓ How does Ilan MT4 manage risk?
It limits the number of orders in one direction, applies stop loss for the last order in a chain, and allows full customization of lot size and growth factors.
❓ Can I use Ilan MT4 alongside manual trading or other EAs?
Yes, thanks to its unique magic number system, it can run with manual trades or other EAs without conflicts.
❓ Does Ilan MT4 automatically set Take Profit (TP) and Stop Loss (SL)?
Yes, TP and SL are automatically placed for each trade and can be customized based on market quotes.
❓ Is Ilan MT4 suitable for beginners?
Yes, it is easy to install, flexible, and widely used, making it accessible for both beginner and experienced traders.
❓ What are the verified results of Ilan MT4?
Backtests and professional trading tests show high performance with only $100 starting capital, offering flexibility to optimize settings based on trading style and risk tolerance.
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