Table of Contents

ORDER BLOCK EA Prop Firm MT4: Complete Settings Guide

ORDER BLOCK EA Prop Firm MT4 is a specialized trading tool designed to detect institutional order block zones and execute trades based on these key support and resistance levels. This guide aims to help you customize all parameters to match your trading style and risk tolerance. The EA implements Smart Money Concepts to identify high-probability trading opportunities with minimal drawdown, making it particularly suitable for prop firm challenges.

You can find detailed information about ORDER BLOCK EA Prop Firm MT4 here.

Detailed Analysis of Input Settings of ORDER BLOCK EA Prop Firm MT4

The input parameters of ORDER BLOCK EA Prop Firm MT4 are organized into functional groups that control different aspects of the EA’s operation. The main parameter groups include Zone Settings, Alert Settings, Text and Color Settings, Risk Management, and Trade Execution.

ORDER BLOCK EA Prop Firm MT4 Inputs 2.jpg

ORDER BLOCK EA Prop Firm MT4 Inputs 1.jpg

Zone Detection Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
ZoneShowTurncoat	Controls whether zones that have changed character are displayed	false	true/false	Cleaner chart display when false
ZoneFuzzFactor	Determines precision in zone identification	0.75	0.5-1.0	Higher values create broader zones
ZoneSolid	Sets whether zones appear as solid blocks or outlines	false	true/false	Visual preference only
ZoneLinewidth	Controls the thickness of zone border lines	1	1-3	Visual clarity on charts
ZoneStyle	Defines the style of lines used for zones	0	0-4 (0=solid, 1=dash, etc.)	Visual preference only
ZoneShowInfo	Toggles display of information labels on zones	true	true/false	More information when true
ZoneLabelShift	Controls horizontal position of zone labels	4	2-10	Higher values move labels further right
ZoneMerge	Determines if overlapping zones are combined	true	true/false	Cleaner chart with fewer zones when true
ZoneExtend	Controls whether zones extend to the right edge of chart	true	true/false	Better visibility of current active zones

Alert Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
ZoneShowAlerts	Enables/disables all alert notifications	false	true/false	No alerts when false
ZoneAlertPopups	Controls on-screen popup notifications	true	true/false	Visual notifications when true
ZoneAlertSounds	Toggles audio alerts when price enters zones	true	true/false	Audio notifications when true
ZoneAlertWaitseconds	Sets minimum time between consecutive alerts	300	60-600 seconds	Lower values may cause alert spam

Text and Color Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
TextSize	Controls the font size of zone labels	8	6-12	Visual clarity and readability
TextFont	Sets the font type for all text elements	Courier New	Any system font	Visual preference only
TextColour	Defines the color of text labels	White	Any color code	Visual contrast on chart
DemName	Label text for demand zones	Demand	User preference	Visual identification
SupName	Label text for supply zones	Supply	User preference	Visual identification
RetestName	Label text for retested zones	Retests	User preference	Visual identification

Zone Color Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
ColourDemandWeak	Sets color for weak demand zones	DarkGray	Any color code	Visual distinction of zone strength
ColourDemandUntested	Sets color for untested demand zones	Chartreuse	Any color code	Visual identification of fresh zones
ColourDemandVerified	Sets color for verified demand zones	DeepSkyBlue	Any color code	Highlights confirmed zones
ColourDemandProven	Sets color for proven demand zones	DarkOrange	Any color code	Highlights high-probability zones
ColourDemandTurncoat	Sets color for broken demand zones	DeepPink	Any color code	Identifies failed zones
ColourSupplyWeak	Sets color for weak supply zones	SlateGray	Any color code	Visual distinction of zone strength
ColourSupplyUntested	Sets color for untested supply zones	Yellow	Any color code	Visual identification of fresh zones
ColourSupplyVerified	Sets color for verified supply zones	DarkOrchid	Any color code	Highlights confirmed zones
ColourSupplyProven	Sets color for proven supply zones	Orange	Any color code	Highlights high-probability zones
ColourSupplyTurncoat	Sets color for broken supply zones	DeepPink	Any color code	Identifies failed zones

Trade Management Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Lots	Fixed lot size for all trades	0.1	0.01-0.5 for $10k account	Directly affects risk per trade
MagicNumber	Unique identifier for EA’s trades	55545	Any unique number	Prevents conflict with other EAs
EA_Comment	Comment added to each trade	AFSD PRO™ EA	User preference	Helps identify EA trades
Normal Stop Loss	Enables fixed stop loss	true	true/false	Critical for risk management
Stop Loss Pips	Distance in pips for stop loss	30.0	15-50 pips	Larger values reduce risk of premature stops
Trailing Stop Loss	Enables trailing stop feature	false	true/false	Can increase profits in trending markets
Trailing Stop Pips	Distance in pips for trailing stop	10.0	5-30 pips	Smaller values lock profits faster
Trailing Step	Minimum price movement to adjust trailing stop	1	1-5 pips	Affects trailing stop sensitivity

Take Profit Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Normal Take Profit	Enables single take profit level	false	true/false	Simplified exit strategy when true
Take Profit Pips	Distance for single take profit	30.0	20-60 pips	Determines profit target
Take Profit Scalp Mode	Enables multiple take profit levels	false	true/false	Allows partial profit taking
TP1 Pips	Distance for first take profit level	25.0	15-40 pips	First profit target
TP2 Percentage	Percentage of position closed at TP2	7.0	5-25%	Partial position closure
TP2 Pips	Distance for second take profit level	7.0	5-15 pips	Second profit target
TP3 Percentage	Percentage of position closed at TP3	7.0	5-25%	Partial position closure
TP3 Pips	Distance for third take profit level	7.0	5-15 pips	Third profit target
TP4 Percentage	Percentage of position closed at TP4	100.0	25-100%	Final position closure
TP4 Pips	Distance for fourth take profit level	7.0	5-15 pips	Final profit target

Indicator Settings

Parameter Name	Description	Default Value	Range/Recommended Values	Impact
Load Indicator	Controls whether the indicator loads	true	true/false	EA requires true to function
Use Preset Colors	Applies predefined color scheme	true	true/false	Consistent visual appearance
Rack1 limit	Maximum historical bars to analyze	1000	500-2000	Higher values increase accuracy but use more resources

Summary and Recommendations

Start with 0.01 lots per $1,000 account balance for conservative risk management.
Optimal performance on M15 and H1 timeframes across all major and minor pairs.
Enable trailing stop loss during trending markets to maximize profit potential.
Use Take Profit Scalp Mode for safer partial profit-taking during volatile conditions.
Consider increasing ZoneFuzzFactor (0.8-0.9) on higher timeframes for better zone detection.
Maintain Stop Loss settings between 20-30 pips to stay within prop firm drawdown limits.
Verify that your VPS has sufficiently low latency for reliable execution.
Test all parameter changes in a demo account before implementing on live or prop firm accounts.
Always confirm that alert settings match your timezone and availability.
Avoid setting lot sizes too high for prop firm challenges, especially during evaluation phases.
Keep MagicNumber unique if running multiple EAs on the same account.
Check your broker’s pip/point definition as some count a pip as 10 points.

Important Risk Warning

Forex trading involves significant risk and may not be suitable for all investors. Past performance of ORDER BLOCK EA Prop Firm MT4 is not indicative of future results. Market conditions, spread widening, slippage, and latency can significantly impact EA performance. Users are solely responsible for proper installation, parameter configuration, and risk management. The developer assumes no responsibility for any trading losses incurred through use of this EA.

Forex EA Settings Guides

ORDER BLOCK EA Prop Firm MT4: Complete Settings Guide

ORDER BLOCK EA Prop Firm MT4: Complete Settings Guide