Description
<h3>Introduction</h3>
<p>ROYAL MACHINE EA V1.0 MT4 is an automated trading system developed for the MetaTrader 4 platform. It is designed to analyze market conditions such as trend direction, momentum strength, and volatility, then execute trades automatically based on predefined algorithmic rules. The system aims to remove emotional decision-making, enforce disciplined execution, and provide structured risk management for traders seeking consistent automation.</p>
<h3>Key Features</h3>
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<p>Fully Automated Trading<br>Automatically scans the market, opens trades, and manages positions without manual intervention.</p>
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<p>Structured Entry and Exit Logic<br>Trades are executed only when predefined technical conditions are met.</p>
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<p>Built-In Stop Loss and Take Profit<br>Every trade includes predefined protective levels to control risk and secure profits.</p>
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<p>Adjustable Risk Settings<br>Supports fixed lot size or percentage-based risk management.</p>
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<p>Equity Protection<br>Allows setting maximum drawdown or equity stop to protect capital.</p>
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<p>Trade Management Controls<br>May include trailing stop and maximum open trade limits.</p>
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<p>MT4 Compatibility<br>Designed specifically for MetaTrader 4 with support for backtesting and VPS deployment.</p>
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<h3>Recommended Conservative Settings</h3>
<p>For safer and stable operation:</p>
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<p>Risk per trade: 1–2% of account balance</p>
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<p>Lot size: 0.01 per $1,000 (as a general guideline)</p>
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<p>Maximum open trades: 1–3</p>
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<p>Equity stop: 20–30% maximum drawdown</p>
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<p>Moderate stop loss and take profit ratio</p>
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<p>Leverage: 1:100 or lower</p>
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<p>These settings aim to prioritize capital preservation over aggressive growth.</p>
<h3>Backtest Result</h3>
<p>Backtest performance depends on:</p>
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<p>Currency pair selection</p>
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<p>Market conditions</p>
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<p>Broker spread and execution</p>
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<p>Risk configuration</p>
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<p>In trending markets, backtests may show steady growth with manageable drawdown when conservative settings are applied. During volatile or ranging conditions, performance may fluctuate. It is recommended to conduct independent backtesting in MT4 Strategy Tester before trading live.</p>
<h3>Advantages</h3>
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<p>Eliminates Emotional Trading<br>Executes trades mechanically without fear or greed.</p>
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<p>Consistent Strategy Application<br>Applies identical logic across all trades.</p>
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<p>Built-In Risk Management<br>Includes stop loss and equity protection features.</p>
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<p>Time Efficient<br>Reduces need for continuous chart monitoring.</p>
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<p>Customizable Risk Profile<br>Adaptable to different account sizes and trading styles.</p>
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<h3>Disadvantages</h3>
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<p>Market Condition Sensitivity<br>Performance may vary depending on trending or ranging phases.</p>
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<p>Drawdown Risk<br>Losing streaks and temporary drawdowns are possible.</p>
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<p>Broker Dependency<br>Spread and slippage can impact profitability.</p>
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<p>Not a Guaranteed Profit System<br>All trading carries inherent risk.</p>
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<h3>Installation & Setup Guide</h3>
<p>Step 1: Download the EA file (.ex4 or .mq4).<br>Step 2: Open MetaTrader 4 and click File → Open Data Folder.<br>Step 3: Navigate to MQL4 → Experts.<br>Step 4: Paste the EA file into the Experts folder.<br>Step 5: Restart MetaTrader 4.<br>Step 6: Open your preferred currency pair and timeframe.<br>Step 7: Drag the EA from Navigator → Expert Advisors onto the chart.<br>Step 8: Adjust input settings according to your risk tolerance.<br>Step 9: Enable AutoTrading.<br>Step 10: Test on demo before using on a live account.</p>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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