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EA Paradise is an MT4 expert advisor built for EURUSD on the H1 chart. It opens trades from the gap between a fast and a slow moving average and offers lot, take profit, stop loss and trailing settings.
Get one message the moment it launches, with its price.
EA Paradise is an automated expert advisor for MetaTrader 4. It is built to trade EURUSD on the H1 chart and uses two moving averages to decide when to open positions. This page explains how it works, which inputs it offers, what to watch for on the risk side and how to install it.
The expert advisor uses two instances of the standard Moving Average indicator that ships with MT4, a fast one and a slow one. Each has its own period, shift and method inputs. A trade is considered when the gap between the two averages reaches a distance you set, measured in points on the chart the EA is attached to.
Every position can carry a take profit and a stop loss in points, and a trailing stop can be used to follow the price once a trade moves in your favour.
The initial lot can be set in two ways: a fixed lot, or a lot calculated from a percentage of the account deposit. There is also a lot increase function. When the first main order of a series closes at a loss, whether by stop loss, manual closure or any other losing exit, the next first order can be enlarged by a multiplier. Further inputs let you set a lot size at which a different take profit applies, and a maximum size above which the EA falls back to its normal lot settings.
Increasing size after losses raises the amount at risk. Use it with care, and make sure the maximum lot input matches what your account can bear.
The default inputs are the intended starting point. The main groups are listed below. Exact default values depend on the file you load, so open the inputs tab and read them there before trading.
| Input group | Purpose |
|---|---|
| Fast MA | Period, shift and method of the fast moving average |
| Slow MA | Period, shift and method of the slow moving average |
| Distance | Required gap between the two averages, in points, to open an order |
| Lots / RiskPercent | Fixed initial lot, or lot based on a percentage of the deposit |
| FirstLotMultiplicator | Multiplier for the next first order after a losing one |
| First_LotSize and First_LotSize_TakeProfit | Lot threshold and the alternative take profit used once it is reached |
| First_MaxLotSize | Upper limit for the enlarged first order |
| TakeProfit and StopLoss | Exit levels in points |
| Trailing stop | Trailing stop loss level |
Any automated strategy can lose money, and this one is no exception. A moving average approach can struggle in choppy or sharply reversing markets, and increasing lots after a loss can magnify drawdowns. Test on a demo account, then start small on a live account if you decide to go ahead.
Trading carries risk, and past results, including any back-tests, do not predict future ones. Only trade with money you can afford to lose.
Keep the terminal running, for example on a VPS, so the expert advisor can manage trades continuously.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | General |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Symbol | EURUSD only |
| Timeframe | H1 |
| Strategy | Moving average distance, with optional lot increase after losses |
| Account type | ECN-style accounts are advised; confirm with your broker |
| Suggested deposit | Around 500 USD or more; check your own risk tolerance |
| Settings | Default inputs are intended as the starting point |
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The expert advisor is designed for EURUSD on the H1 chart only. Attaching it to other symbols or timeframes is not what it was built for, so results there are unpredictable.
No. This is an MT4 expert advisor and will not run on MetaTrader 5. You need an MT4 terminal and an account with a broker that offers MT4.
The author recommends ECN-style accounts with tight spreads. Spread, commission and execution quality affect any H1 strategy, so ask your broker about conditions and test on a demo account first.
The author advises starting with the default inputs. If you change anything, change one input at a time, test it on a demo account, and be especially careful with the lot increase options, as they raise exposure after losses.
The author mentions a minimum deposit of 500 USD. That is a guideline, not a safe level. The right amount depends on your lot settings, your broker and how much loss you can accept, so check these before trading live.
Extract the download, copy the expert advisor file into the Experts folder via File, Open Data Folder, MQL4, Experts in MT4, restart the terminal, then drag it onto an EURUSD H1 chart and enable automated trading.
EA Paradise
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