PheoniXX EA
- Utilities
- Hassan Elyakoubi
- Version: 1.0
PhoeniXX EA: Automating Scaling-Up and Progressive Trading for Advanced Trade Copying and Automation
PhoeniXX EA is a cutting-edge Expert Advisor that automates scaling-up and progressive trading. Operating independently in the MT4 platform, it copies trades from manual trades, other EAs, or signals, and adjusts lot sizes based on trade outcomes. Ideal for the 20 Pips Challenge, PhoeniXX EA simplifies the process, reduces psychological barriers, and helps traders achieve their goals without significant capital risk. Set it, forget it!
1. Enhanced Profitability:
PhoeniXX EA Inputs Explained
1. Unique identifier for trades by this EA:
- Purpose: Differentiates trades opened by this EA.
- Usage: Set a unique value to track EA-specific trades.
2. Stop loss in points:
- Purpose: Maximum loss per trade in points.
- Usage: Adjust based on risk tolerance.
3. Take profit in points:
- Purpose: Target profit per trade in points.
- Usage: Modify to set desired profit level.
4. User-defined maximum steps for progression (Multiplier Mode only):
- Purpose: Number of steps in the progression system for Multiplier Mode.
- Usage: Typically 30, adjustable per strategy.
5. Multiplier for step up (Multiplier Mode only):
- Purpose: Factor for increasing lot size after a win.
- Usage: Set to control aggressive scaling in Multiplier Mode.
6. Multiplier for step down (Multiplier Mode only):
- Purpose: Factor for decreasing lot size after a loss.
- Usage: Set to manage risk reduction in Multiplier Mode.
7. Mode of operation ("Multiplier Mode" or "Fixed-30 Mode"):
- Purpose: Selects operational mode.
- *Usage: Choose between dynamic lot sizing (Multiplier Mode) or a fixed step system using a predefined table (Fixed-30 Mode).
8. Comma-separated list of magic numbers to copy from:
- Purpose: Specifies trades to copy based on magic numbers.
- Usage: Leave blank to copy all trades. Enter "0" to copy manual trades only. Enter specific magic numbers, separated by commas, to copy trades from certain EAs. For example, "0,123456" to copy manual trades and a specific EA.
9. Maximum loss limit:
- Purpose: Maximum allowable loss before stopping trades.
- Usage: Set according to risk tolerance. The EA will stop trading its own trades once this limit is reached but will not interfere with other trades.
10. Maximum trade age in minutes:
- Purpose: Ensures new trades copied are within this time limit.
- Usage: Adjust to filter out older trades.
**Notes:
- This EA runs a single sequence of steps until it reaches the maximum step. To run multiple sequences simultaneously, you can run multiple instances of this EA..
- Attach the EA to any chart and any timeframe. The EA's function is to copy trades, so attaching it to different charts or timeframes will not affect its operation.
The 20 Pips Challenge aims to gain 20 pips daily for 30 days, starting with $20 and potentially growing to $52,000. This strategy can yield significant profits but is challenging to execute manually due to emotional stress and decision fatigue.
| Level | Starting Balance | Percentage Risk | Risk Dollars | Profit Percentage | Profit Dollars | Stop Loss Pips | TP Pips | Std. Lot Size | Ending Balance |
|---|---|---|---|---|---|---|---|---|---|
| 1 | $20 | 23% | $4.50 | 30% | $6.00 | 15.0 | 20 | 0.03 | $26 |
| 2 | $26 | 23% | $6.00 | 31% | $8.00 | 15.0 | 20 | 0.04 | $34 |
| 3 | $34 | 24% | $8.00 | 29% | $10.00 | 16.0 | 20 | 0.05 | $44 |
| 4 | $44 | 23% | $10.00 | 32% | $14.00 | 14.3 | 20 | 0.07 | $58 |
| 5 | $58 | 24% | $14.00 | 31% | $18.00 | 15.6 | 20 | 0.09 | $76 |
| 6 | $76 | 24% | $18.00 | 29% | $22.00 | 16.4 | 20 | 0.11 | $98 |
| 7 | $98 | 22% | $22.00 | 30% | $28.00 | 15.7 | 20 | 0.14 | $126 |
| 8 | $126 | 22% | $28.00 | 30% | $38.00 | 14.7 | 20 | 0.19 | $164 |
| 9 | $164 | 23% | $38.00 | 30% | $48.00 | 15.0 | 20 | 0.26 | $212 |
| 10 | $212 | 23% | $48.00 | 30% | $64.00 | 15.8 | 20 | 0.34 | $276 |
| 11 | $276 | 23% | $64.00 | 30% | $82.00 | 15.6 | 20 | 0.41 | $358 |
| 12 | $358 | 23% | $82.00 | 30% | $108.00 | 15.2 | 20 | 0.54 | $466 |
| 13 | $466 | 23% | $108.00 | 30% | $140.00 | 15.4 | 20 | 0.70 | $606 |
| 14 | $606 | 23% | $140.00 | 30% | $182.00 | 15.4 | 20 | 0.91 | $788 |
| 15 | $788 | 23% | $182.00 | 30% | $236.00 | 15.4 | 20 | 1.18 | $1,024 |
| 16 | $1,024 | 23% | $236.00 | 30% | $308.00 | 15.3 | 20 | 1.54 | $1,332 |
| 17 | $1,332 | 23% | $308.00 | 30% | $400.00 | 15.4 | 20 | 2.00 | $1,732 |
| 18 | $1,732 | 23% | $400.00 | 30% | $520.00 | 15.4 | 20 | 2.60 | $2,252 |
| 19 | $2,252 | 23% | $520.00 | 30% | $674.00 | 15.4 | 20 | 3.37 | $2,926 |
| 20 | $2,926 | 23% | $674.00 | 30% | $878.00 | 15.4 | 20 | 4.39 | $3,804 |
| 21 | $3,804 | 23% | $878.00 | 30% | $1,140.00 | 15.4 | 20 | 5.70 | $4,944 |
| 22 | $4,944 | 23% | $1,140.00 | 30% | $1,482.00 | 15.4 | 20 | 7.41 | $6,426 |
| 23 | $6,426 | 23% | $1,482.00 | 30% | $1,928.00 | 15.4 | 20 | 9.64 | $8,354 |
| 24 | $8,354 | 23% | $1,928.00 | 30% | $2,506.00 | 15.4 | 20 | 12.53 | $10,860 |
| 25 | $10,860 | 23% | $2,506.00 | 30% | $3,256.00 | 15.4 | 20 | 16.28 | $14,116 |
| 26 | $14,116 | 23% | $3,256.00 | 30% | $4,234.00 | 15.4 | 20 | 21.17 | $18,350 |
| 27 | $18,350 | 23% | $4,234.00 | 30% | $5,504.00 | 15.4 | 20 | 27.52 | $23,854 |
| 28 | $23,854 | 23% | $5,504.00 | 30% | $7,156.00 | 15.4 | 20 | 35.78 | $31,010 |
| 29 | $31,010 | 23% | $7,156.00 | 30% | $9,302.00 | 15.4 | 20 | 46.51 | $40,312 |
| 30 | $40,312 | 23% | $9,302.00 | 30% | $12,092.00 | 15.4 | 20 | 60.46 | $52,404 |
PhoeniXX EA automates this process, increasing lot size after profits and decreasing after losses, risking only profits. It allows traders to set a capital limit, stopping trading once reached to protect the initial investment.
