Ilan EA MT4 Forex Trading Robot v6.10

Description

Ilan EA MT4 Forex Trading Robot

The Original Ilan EA is one of the most widely used and enduring grid-based Expert Advisors (EAs) for MetaTrader 4 (MT4), known for its reliability, flexibility, and customizability. Designed for traders who want both control and automation, this EA offers intelligent trade management, dynamic lot sizing, and advanced risk controls—making it ideal for both beginners and seasoned traders.

At its core, Ilan EA employs a grid trading system that opens positions at set intervals (steps), using lot size multipliers or fixed lot options to profit from price fluctuations. The EA is especially effective in ranging markets, where price oscillations create multiple opportunities for profitable entries and exits. However, what truly sets Ilan EA apart is its adaptability — allowing users to define how aggressively or conservatively they want the EA to trade.Ilan EA MT4 Forex Trading Robot

🛠️ Core Features & Capabilities

📊 Strategy Logic Overview

The Ilan EA uses a grid-based logic, meaning it opens trades at pre-set intervals as price moves in a particular direction. This allows the EA to profit even in markets that move sideways — ideal for traders looking for consistent results in flat conditions.

You can choose between:Ilan EA MT4 Forex Trading Robot

• ✅ Pure Grid Mode: Opens equal-sized trades at regular intervals regardless of direction.

• 🔁 Semi-Martingale Mode: Increases lot size with each grid level to average losses and accelerate recovery.

• 🔒 Fixed-Lot Mode: Safer option where all trades use the same lot size for conservative risk management.

• 💰 Profit Close Control: The EA waits for the grid series to reach a net profit before closing all trades and restarting.

⚙️ Advanced User Controls

Multi-Instance Support:
Run multiple instances of Ilan EA on the same account, even on the same instrument, without conflict — thanks to unique magic numbers.

• 📈 Trade short-term and long-term strategies simultaneously

• 🔁 Combine with manual trading or other EAs

• 🔒 Maintain independent control of each strategy

Manual Intervention Friendly:
The EA allows for manual opening and closing of trades, and can be paused or disabled at any time. When reactivated, it resumes without disrupting trade logic.Ilan EA MT4 Forex Trading Robot

Exit Modes Built-In:

• ✅ CloseAndStopNow: Closes all trades immediately and stops trading — useful for fast exits.

• 💰 Close with Profit: Waits for current trades to close in net profit, then halts. Useful for graceful shutdowns or session-based trading.

📈 Backtest & Performance Considerations

Before going live, it’s highly recommended to run the Ilan EA in MT4’s Strategy Tester. This allows you to:

• Simulate how the EA behaves in different market conditions

• Fine-tune step sizes, lot multipliers, and max trades

• Test reactions in trending vs. ranging environments

• Review drawdown risk vs. return based on account size

Due to its flexible grid logic, Ilan EA can be customized for:Ilan EA MT4 Forex Trading Robot

• High-frequency scalping

• Long-hold mean reversion strategies

• Capital recovery models with grid & martingale logic

• Conservative micro-grid setups for small accounts

📌 Recommended Settings

🔑 Why Choose the Original Ilan EA?

• ✅ Proven strategy used by thousands of traders worldwide

• 💡 Fully customizable — fits both aggressive and conservative styles

• 🔁 Supports multiple strategies on a single account

• 💰 Capital recovery logic built-in (with optional martingale)

• 🧠 Adaptive grid spacing and lot sizing

• 🔒 Trade limits and manual override controls

• 🧪 Ideal for testing new ideas, hedging strategies, and low-stress income generation

🧩 What’s Included?

• 📁 Ilan EA .ex4 file

• 📄 Step-by-step installation guide.Ilan EA MT4 Forex Trading Robot

• ⚙️ Default & customizable set files

• 💬 Lifetime support via email or Telegram

• 🔄 Free updates and performance optimizations