Mastering the Lilith EA: A Game-Changer for Your MetaTrader 4 Trading

Mike 2010.02.11 18:14 25 0 0
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Hey fellow traders! Today, I’m excited to share another trading system I’ve been working on, following up on my previous one named "Very Blondie System". While both systems share a similar concept, this one takes a different approach.

Meet the Lilith EA! This expert advisor operates by setting two key points and continuously hedges between them. The hedge size is controlled by the "Anchor" parameter. For my setup, I used 250 (5 digits) as the anchor value.
You can also adjust the risk level with the "xFactor" parameter; keep in mind that higher values mean more risk. Personally, I've found that a setting around 1.7 to 1.8 works well for me.

There's also a manual setting option available, which can help you achieve greater precision in your entries. Currently, the entries are somewhat random, leaving plenty of room for improvement.

What I really appreciate about the Lilith EA is its flexibility. Even if you find yourself with opposing positions open, you still have the opportunity to assess the market trend and make manual adjustments if needed.

I’d love to hear your thoughts and feedback on this EA!

Happy trading!

Best Regards,
David


Lilith

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