EA Brilliant Pro 4.2 (2024)
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Brilliant PRO EA ReviewIn the dynamic world of Forex trading, staying ahead of the curve requires innovative tools and strategies. One such tool that has garnered attention is the Brilliant PRO EA for Metatrader 4 – a free Forex scalping expert advisor designed to capitalize on trend strategies and employ martingale + hedging techniques. In this comprehensive guide, we delve into the key aspects of this EA, from trade information to recommendations and specifications, and provide detailed insights into its settings for optimal performance.
The Brilliant PRO EA is crafted for Forex enthusiasts who seek a powerful yet automated solution. Operating seamlessly on Metatrader 4, this expert advisor showcases a solid monthly performance with occasional drawdowns. It is essential for users to start by deploying the EA on a demo account to grasp its functionality and gauge its performance over an extended period.
Technical Specifications Version: 4.2
Terminal: MT4
Year of issue: 2023
Working pairs: EURUSD
Recommended timeframe: M30
Minimum Deposit: $500
Recommended Settings:
Minimum Recommended Account Balance: To fully unlock the potential of Brilliant PRO EA, a minimum account balance of $500 is recommended (with a minimum 0.01 lot size). As a precautionary measure, users are advised to test the EA on a demo account before venturing into live trading.
Recommendations & Specifications:
Trading Instruments: EUR/USD and any other low spread Forex pair.
Time Frames: M5 – H1, making it versatile across different time frames.
Demo Account: Yes, for testing purposes.
Real Account: Yes, for live trading.
Trading Platform: Metatrader 4.
Key Features:
100% Automated: The EA operates with complete automation, minimizing manual intervention.
Compatibility with Any MT4 Broker: Ensures flexibility in choosing a broker that suits your preferences.
Stable Profits Every Month: The EA\'s performance is designed to yield consistent profits on a monthly basis.
Control Drawdown: Mitigates risks by implementing effective drawdown control strategies.
Following Trends: Leverages trend strategies to enhance trading effectiveness.
Settings Explanation: Understanding the settings of Brilliant PRO EA is crucial for optimal performance. Here\'s a breakdown of key parameters:
EAMode: Specifies the mode of operation for the EA.
EA Method: Determines the method used by the EA in executing trades.
Power (Max = 10): Adjusts the power setting, with a maximum value of 10.
Difference (1): Sets the acceptable difference for trade execution.
Lots: Defines the lot size for each trade.
Multiplier (0=default): Adjusts the multiplier for trade size.
Range (0=default): Sets the acceptable range for trade execution.
TP (0=default): Configures the take-profit value.
TP Dynamic: Enables dynamic adjustments to take-profit based on market conditions.
CutLoss (5): Specifies the cut-loss value.
Compound: Activates the compounding feature.
Risk Compound (% Balance): Defines the risk percentage for compounding.
Number Of Pairs Used: Specifies the number of currency pairs to be used.
Lots (% Risk Compound): Sets the lot size based on risk percentage for compounding.
Safe Mode (-% Balance): Activates safe mode based on a percentage balance.
Stop Mode (-% Balance): Initiates stop mode based on a percentage balance.
Difference +: Adjusts the positive difference for trade execution.
Next Time Frame: Specifies the next time frame for trading.
Max Spread: Sets the maximum allowable spread.
Slippage: Defines the acceptable slippage in trade execution.
Magic Number: Assigns a unique identifier for trades.
TradeTime: Specifies the time parameters for trading.
Use Time Filler: Activates the time filler feature.
Start Time: Sets the start time for trading.
End Time: Configures the end time for trading.
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