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Katana EA is an automated trading robot on the MT4 platform suitable for major currency pairs and Gold. The EA is programmed with advanced and powerful algorithms, it works with scalper strategy according to price fluctuations and tick price patterns. Signals follow cash flow movements with high probability.
EA strategies have Stop Loss, Take Profit and Trailing options available to protect your account and optimize profits. EA is suitable for accounts with small balances from 200 USD.
EA is simple and easy to use, no need for set files and no need for complicated settings. Just set default if you are confused about setting parameters.
Settings:
| Max Spread | = 30 to 50 (Must be higher than the average spread of the currency pair) |
| Fixed Lot | = 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size) |
| Auto Lot | = 1.0 to 5.0 (= 1 mean auto lot size = 1 lots per $100,000 balance, or 0.01 lots per $1,000 balance…) |
| Take Profit | = 500 (points) |
| Stop Loss | = 500 (points) |
| Trailing | = 8 (points) |
| Time Start | = 01:30 (hour:minutes) |
| Time End | = 22:30 (hour:minutes) |
| Magic Number | = any number (if = 0 means EA auto set Magic Number different for each pair) |
* If you set Fixed Lot > 0, the EA will trade with Lot Size = Fixed Lot (if Fixed Lot is a valid lot size).
* If you set Fixed Lot = 0 and Auto Lot > 0, the EA will calculate the Lot Size according to the value of Auto Lot.
Recommend:
Time frame: M1 or M5. Use VPS with low latency (<20ms).
Pairs: major currency pairs with low spreads and Gold (XAUUSD).
Use EA with ECN or Raw spread accounts, spread < 20 points. Min Balance: $ 200
Stops Level = 0 (check the Stops Level by: Press Ctrl + U, select currency pair, click Properties and Stops Level on the 3rd line)
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