Brilliant PRO EA for MetaTrader 4
The Brilliant PRO EA for MetaTrader 4 is a sophisticated Forex scalping expert advisor designed to automate trading for both novice and experienced traders.
It combines trend-following strategies with martingale and hedging techniques, allowing it to adapt to various market conditions and maximize profit potential.
The EA analyzes price movements, identifies favorable entry points, and executes trades automatically while managing risk efficiently.
With its user-friendly settings, traders can customize lot sizes, take profit levels, and other parameters to match their trading preferences.
Backtesting demonstrates consistent performance and controlled drawdowns, making it a reliable tool for automated Forex trading.
Free Download
Download the “EA_Brilliant Pro_UNLIMITED_m30_fix.ex4” expert advisor
Key Features
Trend-Following Strategy
The EA utilizes advanced trend detection algorithms to identify the most profitable market movements and execute trades accordingly.
Martingale Technique
Incorporates martingale strategies to recover losses during unfavorable market movements and maintain consistent profitability.
Hedging Mechanism
Hedging strategies are applied to protect trades from unexpected price reversals and reduce overall risk.
Automated Trade Execution
Executes trades automatically without the need for manual intervention, saving time and reducing human error.
Customizable Parameters
Traders can adjust lot sizes, take profit, stop loss, trading hours, and risk management settings to fit individual strategies.
Performance Report
Find below the Brilliant PRO EA performance chart (click on the picture for a full-size view).
Key Points
- Absolute gain: +14.91%
- Monthly performance: +3.88%
- Drawdown: 8.44%
The Brilliant PRO EA demonstrates strong trading performance with a solid win rate and controlled drawdowns.
Backtests reveal that the EA can generate consistent profits in both trending and sideways markets.
The automated scalping strategy, combined with martingale and hedging techniques, ensures that it adapts quickly to changing market conditions.
Traders using a low-spread ECN broker typically observe optimized results, with frequent trade execution and manageable risk exposure.
Historical testing on major Forex pairs shows that the EA can achieve steady growth over multiple months with disciplined settings and proper account management.
Trading Chart
The picture below shows the Brilliant PRO EA attached to the GBP/USD M15 chart.
How the EA Works
- Analyzes market trends to identify optimal entry points.
- Executes trades automatically using the trend-following strategy.
- Applies the martingale technique to recover losses during adverse price movements.
- Implements hedging strategies to minimize risk from price reversals.
- Manages trades with customizable stop loss and take profit levels.
- Operates on multiple timeframes, typically M5 to H1.
Download Now
Download the “EA_Brilliant Pro_UNLIMITED_m30_fix.ex4” EA
Input Parameters & Settings
The following input parameters can be customized to suit your trading preferences:
- Switch: Enable or disable the EA.
- Risk ($): Set the risk level in monetary terms.
- Account Type: Specify the type of trading account.
- Magic Number: Unique identifier for the EA’s trades.
Recommended Trading Setup
- Trading Instruments: EUR/USD and other low-spread Forex pairs.
- Time Frames: M5 – H1 (works on any time frame).
- Minimum Account Balance: $500 (minimum 0.01 lot size).
- Demo Account: Recommended for initial testing.
- Real Account: Suitable after thorough testing.
- Trading Platform: MetaTrader 4.
FAQ
1. What is the Brilliant PRO EA?
The Brilliant PRO EA is a free Forex scalping expert advisor for MetaTrader 4 that uses trend strategies, martingale, and hedging techniques to trade the Forex market.
2. Which currency pairs are supported?
The EA is optimized for EUR/USD and other low-spread Forex pairs.
3. What time frames does the EA operate on?
The EA works on time frames from M5 to H1, but can function on any time frame.
4. What is the minimum account balance required?
A minimum account balance of $500 is recommended, with a minimum lot size of 0.01.
Summary
The Brilliant PRO EA is a versatile and free Forex scalping expert advisor for MetaTrader 4.
By combining trend-following strategies with martingale and hedging techniques, it aims to provide consistent performance across various market conditions.
With customizable settings and a solid performance track record, it offers traders an opportunity to automate their trading strategies effectively.
