STRADDLE EA V1.0 MT4

Introduction

STRADDLE EA V1.0 MT4 is an automated trading system designed for MetaTrader 4 that focuses on volatility-based trading. It uses a straddle strategy to capture price movements during high-impact market events without predicting direction.

Key Features

• Straddle (buy stop & sell stop) trading strategy
• Fully automated order placement and execution
• Designed for news and high-volatility events
• Built-in stop-loss and take-profit
• Customizable order distance and risk settings
• Automatic pending order management
• Backtesting and optimization support

Recommended Settings

• Timeframe: M1 or M5
• Currency Pairs: Major pairs (EURUSD, GBPUSD)
• Trading Time: High-impact news events only
• Risk Level: 1% to 2% per trade
• Lot Size:
  • Small accounts: 0.01 fixed
  • Larger accounts: balance-based sizing
• Order Distance: Moderate (to avoid false triggers)
• Broker: Low spread and fast execution required
• VPS: Recommended for low latency

Backtest Result

• Performance depends heavily on news volatility
• Can show strong profits during high-impact events
• Inconsistent results during normal market conditions
• Drawdown influenced by spread widening and slippage

Advantages

• Does not require predicting market direction
• Captures strong price movements during news
• Fast automated execution using pending orders
• Focused trading approach (event-based)
• Customizable and flexible settings

Disadvantages

• Highly dependent on broker execution and spread
• Risk of slippage during news events
• Can trigger both orders in extreme volatility
• Limited use outside high-impact news
• No guaranteed profits

Installation & Setup Guide

1. Download the EA file (.ex4)
2. Open MetaTrader 4
3. Go to File → Open Data Folder
4. Navigate to MQL4 → Experts
5. Paste the EA file into the Experts folder
6. Restart MT4
7. Drag the EA onto a chart
8. Enable AutoTrading
9. Configure inputs (order distance, risk, lot size, timing)
10. Test on a demo account before live use.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer: 

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.