Never Dies MT4

Overview of Never Dies MT4

Never Dies MT4 is a professional Expert Advisor (EA) designed for the MetaTrader 4 platform. It leverages advanced mathematical and statistical theories to analyze multiple timeframes and detect the strongest market directions. This EA is categorized under High-Frequency Trading (HFT) and avoids risky recovery methods like grid, martingale, and hedge. All trades are managed with Take Profit (TP) and Stop Loss (SL) settings to control account risk.

Key Features

Advanced Mathematical and Statistical Analysis

Multi-timeframe Analysis (Chart Timeframe and D1)

High-Frequency Trading (HFT) without dangerous recovery methods

Automatic adjustment of settings based on selected symbols and timeframes

Simple input parameters for ease of use

Supports all trading symbols and timeframes, with optimal performance on 28 major and cross Forex pairs

No need for VPS

Hedge Accounts Only

Usage and Recommendations

Never Dies MT4 can be used on all trading symbols and timeframes, with better performance on medium timeframes such as M15, M30, and H1. The EA is optimized for use on 28 major and cross Forex pairs. It is recommended to use lower trading volumes than tested results, especially when trading on multiple symbols. The EA may experience consecutive losses, so lower trading volumes are advised to recover from such cases.

Factors Affecting Profits

Liquidity: Minimal effect on EA performance

Volatility: EA cannot make profits all day due to medium-sized TP/SL

Slippage: Not sensitive to slippages

Spreads: Not sensitive to spreads, but low spread accounts are preferable

Time Frame: Better performance on medium timeframes

Risk Management: Focuses on numerous small trades rather than one big trade

Account Size: Supports micro or cent accounts for low trading balances

Support and Updates

This is the initial version of Never Dies MT4, with updates and new features planned for the future. Users can contact the author for any assistance.

Settings and Optimization

The EA includes various input parameters for signal settings, general settings, and lot size. Users can optimize all input parameters for better results, with recommendations to use fixed lot and large account deposits.

General Settings

Trade Type: Options include 'Long, Short, Long and Short, Long or Short'

Magic Number: Unique identifier for trades

Max Spread: To avoid opening orders on larger spreads

Near Position Existence Filter: To avoid opening more trades at the same range

Take Profit and Stop Loss: Based on points

Closing All Trade Options: Close all trades at once if a predetermined amount of profit or loss is reached

Lot Size Mode: Options include 'Constant, Auto Lots Based on Balance'

Recommendations

For real trading, it is recommended to use lower trading volumes than tested results. Especially if using the EA on multiple symbols, reduce trading volumes to about 10% of tested lot sizes. If trading on multiple symbols at the same account, use lower lots such as 5% or lower. Never Dies MT4 is a robust and professional EA designed to provide consistent trading performance without relying on risky recovery methods. With its advanced analysis and user-friendly settings, it is a valuable tool for traders looking to optimize their Forex trading strategies. 🌟📈