BadAss EA - Comprehensive Guide

"Trade Like a Pro, Win Like a Champion!"

🔹 Overview

The BadAss EA is a MetaTrader 4 Expert Advisor designed for Forex trading. It uses a simple yet effective price action strategy to identify potential buy and sell signals based on highs and lows of previous candles. The EA also includes features like Trailing Stop, Money Management (AdvancedMM), Stop Loss, Take Profit, and Slippage control.

Developed by R.KH 1001 and available on RoboMQL (www.robomql.com), this EA aims to automate trading decisions while optimizing risk management.

🔹 How It Works

📌 Entry Rules

Buy Signal:

If the high of candle [2] high of candle [1] AND low of candle [2] low of candle [1], the EA opens a BUY order.

Sell Signal:

If the high of candle [2] high of candle [1] AND low of candle [2] low of candle [1], the EA opens a SELL order.

📌 Exit Rules

Stop Loss & Take Profit:

Fixed Stop Loss (SL) and Take Profit (TP) in pips.

Adjustable via input parameters.

Trailing Stop:

Activates once the trade moves in a favorable direction.

Adjustable via TrailingStop parameter.

📌 Money Management (AdvancedMM Function)

The EA uses an advanced money management system that adjusts lot sizes based on previous trade outcomes.

If the last trade was a loss, it increases the lot size for the next trade (Martingale-like).

If the last trade was a profit, it resets to the default lot size.

🔧 Input Parameters

ParameterDescriptionDefault Value

MagicNumberUnique identifier for EA trades1001

LotsDefault trade volume0.1

StopLossStop Loss in pips50

TakeProfitTake Profit in pips50

TrailingStopTrailing Stop distance in pips50

SlippageMaximum allowed slippage (in pips)3

⚙️ Execution & Recommendations

Best Timeframe: Works on M15, H1, or H4 (price action-based).

Currency Pairs: Suitable for major Forex pairs (EURUSD, GBPUSD, etc.).

Broker Compatibility: Works best with low-spread ECN brokers.

Risk Warning: The AdvancedMM function increases risk after losses—use with caution.

📢 Final Notes

The BadAss EA is a semi-automated trading tool that combines price action signals with smart risk management. While it can be profitable, always backtest and forward-test before live deployment.

Developer: R.KH 1001

Source: RoboMQL - www.robomql.com

🚀 Happy Trading! 🚀