Ilan Dynamic Deluxe EA Source Code MQ4

What is Ilan Dynamic Deluxe EA?

Ilan Dynamic Deluxe EA is an advanced automated trading robot designed for the MetaTrader 4 (MT4) platform. It uses dynamic algorithms to analyze the forex market and execute trades with precision, aiming to maximize profits while minimizing risks. This Expert advisor is known for its adaptive strategies, user-friendly settings, and compatibility with multiple currency pairs, making it a popular choice for both beginner and experienced forex traders looking to automate their trading process efficiently.

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Key Features of Ilan Dynamic Deluxe EA

🔻Multi-Market Phase Operation:

• Trades effectively in both trending and flat markets using the CCI indicator.

🔻ATR-Based Trailing Stop/Start:

• Calculates trailing stops based on Average True Range (ATR) and time frame.

🔻Equity-Based Safety Stop Loss:

• Triggers exit when loss exceeds a defined percentage from peak equity.

🔻Integrated Money Management & Optimization:

• Custom parameters aimed to reduce losing trades by over 70%.

🔻Dynamic Strategy Adjustment:

• Changes approach based on market volatility and trend shifts.

🔻Multiple Indicator Integration:

• Uses a combination of technical indicators for decision-making.

🔻Customizable Settings:

• Time filters, spread limits, risk tolerance, and more adjustable options.

Why Choose Ilan Dynamic Deluxe EA?

🔻Market Adaptability:

• Dynamically adjusts strategy based on current market volatility and trends.

🔻Full Automation:

• Hands-off trading; no need for constant market monitoring.

🔻Robust Risk Management:

• Built-in tools to protect trading capital and minimize losses.

🔻Backtesting Capability:

• Allows historical performance evaluation before live deployment.

Ilan Dynamic Deluxe EA Performance and Reviews

🔵 GBPUSD (2021-2022):

• Initial Deposit: $200
• Total Net Profit: $590.29
• Win Rate: 60.83%
• Max Drawdown: 12.36%

Ilan Dynamic Deluxe EA backtets

Ilan Dynamic Deluxe EA review

What’s Included in the Download Package?

• Source Code MQ4: Ilan Dynamic Deluxe.mq4

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How To Set Up EA

🔻The Ilan Dynamic Deluxe Expert Advisor (EA) for MetaTrader 4 (MT4) is designed with a comprehensive set of customizable parameters aimed at optimizing trading performance and risk management. Below is a detailed breakdown of key input variables and their significance:

Ilan Dynamic Deluxe EA setting

🔵 Step 1: Download and Open MetaTrader 4

• Ensure you have MetaTrader 4 installed on your computer. Launch the platform before proceeding.

🔵 Step 2: Add the Ilan Dynamic Deluxe EA MQ4 File

• Locate the .mq4 source file for Ilan Dynamic Deluxe EA.
• In MT4, go to File > Open Data Folder > MQL4 > Experts.
• Copy the .mq4 file into this Experts folder.

🔵 Step 3: Compile the EA

• Open MetaEditor from MT4 (Tools > MetaQuotes Language Editor).
• Find the Ilan Dynamic Deluxe EA file under Experts and compile it.
• Fix any errors if necessary.

🔵 Step 4: Attach the EA to a Chart

• Restart MT4 to refresh the Expert Advisors list.
• Open a chart of your preferred trading instrument (e.g., EUR/USD).
• Drag and drop Ilan Dynamic Deluxe EA from the Navigator > Expert Advisors panel onto the chart.

🔵 Step 5: Configure Trading Parameters

Adjust key inputs based on your risk tolerance and market conditions, including:

• Stoploss: e.g., 500 pips
• TakeProfit: e.g., 18 pips
• LotExponent: scales trade size dynamically
• DynamicPips: enable for adaptive pip values
• RSI Min/Max: set momentum thresholds (default 30 and 70)
• MaxTrades: limit to 21 trades max
• MagicNumber: unique trade ID for management

🔵 Step 6: Enable Automated Trading

• Ensure AutoTrading is activated in MT4 (button on top toolbar).
• The EA will now manage trades automatically per the configured parameters.

Conclusion

In summary, Ilan Dynamic Deluxe EA is a sophisticated and fully automated trading robot designed for the MetaTrader 4 platform, offering forex traders a powerful tool to navigate both trending and flat market conditions. Utilizing dynamic algorithms and multiple technical indicators, including the CCI and ATR-based trailing stops, this Expert Advisor adapts seamlessly to changing market volatility and trends to optimize trade entries and exits. Its equity-based safety stop loss and integrated money management system significantly reduce risk, helping to minimize losses while maximizing profit potential.

>>> Reviewed by Jason Stap <<<