EA Price Action v1.0 MT4 Source Code

EA Price Action v1.0 MT4 Source Code – Advanced MT4 Forex Trading RobotEA Price Action v1.0 MT4 Source Code is an automated Forex trading Expert Advisor for MetaTrader 4 (MT4) built around a pure price action and market behavior strategy. This EA is designed for traders who want a simple but powerful logic, without relying on heavy indicators or complex calculations.The EA analyzes raw price movement, market distance, and order behavior to make trading decisions, making it suitable for traders who believe in price-driven market structure.EA Price Action v1.0 MT4 Source CodeEA Price Action v1.0 MT4 Source CodePrice Action Strategy – How This EA WorksEA Price Action v1.0 MT4 Source Code works by monitoring price movement distance and market continuation behavior rather than lagging indicators.The EA follows this logic:Opens trades based on price movement and distance logicUses a step-based price distance system to manage entriesCan trade continuously in loops (cycles) when conditions remain validSupports re-entry logic if price continues in the same directionThis approach allows the EA to capture short to medium price movements during trending or semi-ranging market conditions.Trading Cycle & Loop SystemOne unique feature of EA Price Action v1.0 is its loop-based trading system:The EA can repeat trades for a defined number of cyclesHelps maximize profit during extended price movesTraders can control how many loops the EA executesTrading can be turned ON or OFF automatically after a cycle endsThis makes the EA flexible for both scalping and intraday trading styles.Lot Management & Risk ControlThe EA offers two lot sizing modes, allowing traders to choose their risk style:�� Fixed Lot ModeUses a constant lot size (default 0.01)Suitable for beginners and small accounts�� Multiplier Lot ModeIncreases lot size using a multiplierDesigned to recover previous tradesMaximum trade levels are limited to reduce riskAdditional risk control features include:Maximum trade levelsAdjustable distance between tradesCustom Take ProfitOptional Stop LossTrade Timing & Execution ControlEA Price Action v1.0 allows full control over trading time and execution:Can trade 24 hours or within specific time windowsAutomatically checks if trading is allowed by the brokerBuilt-in protection for testing and live environmentsUnique Magic Number for safe multi-EA usageOn-Chart Trading Information PanelThe EA displays a real-time information panel on the chart, showing:Account numberLeverageServer timeSpreadAccount balance & equityOpen orders countProfit / loss informationThis helps traders monitor performance instantly without opening extra windows.Technical SpecificationsEA Name: EA Price Action v1.0Platform: MetaTrader 4 (MT4)Strategy Type: Price Action / Distance-Based TradingLot Types: Fixed & MultiplierMinimum Deposit: $300 (recommended)Timeframes: Works on all (M15–H1 recommended)Pairs: Any (low spread pairs recommended)DLL: Not RequiredSource Code: MQ4 IncludedWho Should Use EA Price Action v1.0This EA is suitable for:Traders who prefer price action strategiesUsers who want a simple but effective EASmall account tradersTraders looking for non-indicator based robotsDevelopers who want MT4 EA source codeUsers who want full control over risk and logicImportant Trading NotesWorks best on low spread brokersTrending or semi-trending markets give better resultsMultiplier mode increases risk – use carefullyDemo testing is strongly recommended before live tradingWhy Choose EA Price Action v1.0EA Price Action v1.0 focuses on market behavior instead of indicators, making it:LightweightFast in executionEasy to understandCustomizable via source codeSuitable for both manual and automated traders