White Tiger EA - Comprehensive Guide

"Trade with the Strength of a Tiger, the Precision of a Hunter!"

🔹 Overview

The White Tiger EA is a sophisticated MetaTrader 4 Expert Advisor designed for Forex trading, combining multiple trading strategies, including grid/martingale systems, RSI-based entries, and multi-timeframe trend analysis. It features three integrated trading modules (Hilo_RSI, Ilan 1.5, and Ilan 1.6) to maximize profit potential while managing risk through trailing stops, equity-based stop-loss, and money management.

Developed by R.KH 1001 and available on RoboMQL (www.robomql.com), this EA is optimized for major currency pairs and works best on M15-H4 timeframes.

🔹 Key Features

📌 Trading Strategies

Hilo_RSI Module

Uses RSI (Relative Strength Index) for trade signals.

Buy Condition: RSI 30 (oversold) + price action confirmation.

Sell Condition: RSI 70 (overbought) + price action confirmation.

Ilan 1.5 Module

Grid-based trading with martingale-like lot sizing.

Opens trades based on price retracements (PipStep).

Ilan 1.6 Module

Similar to Ilan 1.5 but with additional RSI filtering for trade entries.

📌 Money Management (MM)

Fixed Lots or Dynamic Lots (scales with account balance).

LotExponent increases trade size after losses (optional).

MaxLots prevents excessive risk.

📌 Risk Controls

Stop Loss (SL) & Take Profit (TP) – Adjustable in pips.

Trailing Stop – Locks in profits as the trade moves favorably.

Equity Stop – Closes all trades if losses exceed a set percentage.

Variable Earnings Exit – Closes trades once a specified profit is reached.

📌 Multi-Timeframe Analysis

Monitors MACD, RSI, CCI, Stochastic, and EMA across M1, M5, M15, M30, H1, H4, D1 timeframes.

🔧 Input Parameters (Settings)

🔹 General Settings

ParameterDescriptionDefault Value

LotsBase trade volume0.01

LotExponentMultiplier for lot size after losses1.55

MaxLotsMaximum allowed trade size0.01

PipStepDistance between grid trades (pips)30

TakeProfitProfit target (pips)100

StopLossStop loss (pips)40

UseTrailingStopEnable trailing stoptrue

TrailStartPips needed before trailing activates13

TrailStopPips trailing distance3

SlippageMaximum allowed slippage5

🔹 Risk Management

| UseEquityStop | Enable equity-based stop | false |

| TotalEquityRisk | Max loss (% of equity) | 20.0 |

| Variable_Earnings | Auto-close at profit target | 20 |

🔹 Magic Numbers (Unique IDs)

MagicNumber_Hilo = 10278

MagicNumber_1.5 = 22324

MagicNumber_1.6 = 23794

⚙️ Execution & Recommendations

📌 Recommended Settings

Best Timeframes: M15, H1, H4

Currency Pairs: EURUSD, GBPUSD, USDJPY (low spread pairs)

Broker Type: ECN/Raw Spread (low latency, tight spreads)

Risk Warning: High-risk strategy (martingale involved).

📌 How It Works

Opens trades based on RSI, price action, and grid logic.

Averages positions if the market moves against trades.

Uses trailing stops to secure profits.

Closes all trades if equity reaches a set profit or loss threshold.

📢 Final Notes

The White Tiger EA is a powerful but high-risk trading system. It is not recommended for beginners due to its aggressive compounding strategy. Always test in a demo account before live deployment.

Developer: R.KH 1001

Source: RoboMQL - www.robomql.com

🚀 Trade Wisely, Trade Strong! 🚀