Description

🧙 Bitcoin Wizard MT4 EA – Smart Momentum Trading for BTCUSD

Bitcoin Wizard EA is a robust, fully automated Expert Advisor built exclusively for trading Bitcoin (BTCUSD) on MetaTrader 4. Using precisely timed pending orders around major price levels, this EA captures Bitcoin’s powerful momentum while avoiding risky tactics like martingale, grid, or hedging.

With a disciplined risk profile, including a 100-pip stop loss on every trade, Bitcoin Wizard EA is perfect for both conservative traders and scalpers seeking to profit from Bitcoin’s high volatility.

Product Link: https://www.mql5.com/en/market/product/109467

⚡ Why Choose Bitcoin Wizard  MT4 EA?

🔍 Trading Specifications

📥 [Download Set File] | 📈 [View Backtest Report] | 📊 [Compare Broker Spreads]

🛠 Key Functional Modules

1. Position Management

• Define indicator look-back periods to locate entry points

• Adjust bar ranges for optimal trade placement

2. Lot Size & Capital Control

• Enable or disable AutoLot mode

• Set capital allocation per lot or fixed lot size

• Limit maximum lot per trade for capital safety

3. Stop Loss & Take Profit Settings

• Customize SL/TP in pips

• Balance between capital protection and profit targeting

4. Trailing Stop System

• Activate or disable trailing stops

• Choose trailing start level and step size for flexible exits

5. BreakEven System

• Enable breakeven protection once trades move in your favor

• Configure when to secure profits and by how much

6. Trade Filters & Execution Controls

• Cap maximum allowed spread

• Set slippage tolerance levels

• Use coefficient filters to avoid unstable market entries

• Assign unique magic numbers for multi-EA setups

📈 Performance Guidelines

• Broker spread is critical: Choose a BTC broker offering <1200 points spread.

• Fast execution matters: Consider running the EA on a VPS for optimal performance.

• Monitor slippage & spread variations: These factors can influence order fill and overall profitability.

🧪 Recommended Setup

• Backtest using Every Tick Model (1/1–12/5/2023 period)

• Run continuously on BTCUSD M30 chart

• Begin on a demo account to evaluate live market behavior before going fully automated

Additional Resources:

• Join our Telegram for Updates and Support: telegram channel
• Recommended VPS: For optimal performance, we suggest a VPS from our recommended list.
• Preferred Brokers: Use a reliable broker from our recommended brokers for the best trading experience.
• VIP Membership: Get free downloads by joining our VIP membership.