Forex EA Settings Guides

Vibrix Group EA MT4: Complete Settings Guide

Posted on by Jason Chen
Table of Contents

Vibrix Group EA MT4: Complete Settings Guide

Vibrix Group EA MT4 is an automated trading system designed for MetaTrader 4 that executes trades on XAUUSD (Gold) and EURUSD currency pairs. This guide provides detailed explanations of all input parameters to help you customize the EA according to your trading style and risk tolerance. The EA leverages algorithmic trading logic with multiple risk modes to achieve consistent performance while maintaining impressively low drawdowns.

Vibrix Group EA MT4 Inputs 1

Vibrix Group EA MT4 Inputs 2

Detailed Analysis of Input Settings of Vibrix Group EA MT4

The parameters in Vibrix Group EA are organized into functional groups: identification, trading schedule, trading modes, order types, money management, risk management, trading logic, and execution settings.

Identification Settings

Parameter NameDescriptionDefault ValueRange/Recommended ValuesImpact
idIdentifies the EA instance for internal tracking2023No need to changeNo trading impact
magicMagic number to identify trades placed by this EA00-999999Helps separate trades from multiple EAs

Trading Schedule Settings

Parameter NameDescriptionDefault ValueRange/Recommended ValuesImpact
Start Time (00-23)Hour when EA begins trading00-23 (depends on preferred trading session)Controls when trading starts
End Time (00-23)Hour when EA stops trading240-24 (depends on preferred trading session)Controls when trading ends
Time frameTimeframe used for analysiscurrentcurrent (uses chart timeframe)Affects trading frequency and signal quality
tracking_NewsFilter for avoiding news-related volatilityfalsetrue/false (enable during major news events)Reduces news-related losses when enabled

Trading Modes

Parameter NameDescriptionDefault ValueRange/Recommended ValuesImpact
Low_Risk_modeActivates conservative trading approachtruetrue/false (recommended for beginners)Lower risk, potentially lower returns
Standard_trade_modeActivates balanced risk/reward approachtruetrue/false (for experienced traders)Moderate risk and returns
Agressive_trade_modeActivates higher risk trading approachfalsetrue/false (for experienced traders only)Higher potential returns with increased risk

Order Types

Parameter NameDescriptionDefault ValueRange/Recommended ValuesImpact
BUY_market_lowRiskEnables low-risk buy market orderstruetrue/falseControls market entry for buy trades with lower risk
SELL_market_lowRiskEnables low-risk sell market orderstruetrue/falseControls market entry for sell trades with lower risk
BUY_marketEnables standard buy market ordersfalsetrue/falseControls standard market entry for buy trades
SELL_marketEnables standard sell market ordersfalsetrue/falseControls standard market entry for sell trades
BUY_stopEnables buy stop pending ordersfalsetrue/falseWaits for price breakout before buying
SELL_stopEnables sell stop pending ordersfalsetrue/falseWaits for price breakout before selling
BUY_limitEnables buy limit pending ordersfalsetrue/falseBuys on price pullbacks
SELL_limitEnables sell limit pending ordersfalsetrue/falseSells on price rallies

Money Management

Parameter NameDescriptionDefault ValueRange/Recommended ValuesImpact
LotsFixed lot size for trading0.010.01-0.1 for $500 account (scale up with balance)Directly affects profit/loss magnitude
AutoLotPercentage of balance to risk per trade0.00.0 (disabled) or 0.5-2.0%When above 0, overrides fixed lots for risk-based sizing

Risk Management

Parameter NameDescriptionDefault ValueRange/Recommended ValuesImpact
TakeProfitPercentTake profit as percentage of account2.00.5-5.0%Higher values mean larger but less frequent wins
TakeProfit in MoneyTake profit in account currency4.0Depends on account size and risk toleranceSets absolute profit target per trade
Stop_Loss in MoneyMaximum loss per trade in account currency500Should be proportional to account sizeLimits maximum loss per trade
Stop_Loss_PercentageMaximum loss as percentage of account51-5% (lower is safer)Controls risk as a percentage of balance
Stop_Loss_on_ATRStop loss based on Average True Range4720-60 (lower for tighter stops)Adapts stop loss to market volatility
tp_slUses take profit equal to stop loss–Default behaviorMaintains 1:1 risk-reward ratio
FixTPFixed take profit in pips2510-50 pips depending on pairSets exact profit target distance
Max StopLoss (15-150)Maximum stop loss in pips4015-150 pipsCaps maximum risk distance per trade
MinSl (5-150)Minimum stop loss in pips1005-150 pipsSets minimum protective distance
DeltaStopAdjustment value for stop orders4010-50 pipsAffects pending order placement distance
DeltaLimitAdjustment value for limit orders205-30 pipsAffects pending order placement distance

Trading Logic Parameters

Parameter NameDescriptionDefault ValueRange/Recommended ValuesImpact
Initialization1 (2-100)Strategy logic parameter172-100 (use preset values unless optimizing)Affects entry timing and signal quality
Initialization2 (5-100)Strategy logic parameter105-100 (use preset values unless optimizing)Affects entry timing and signal quality
Fast (5-100)Fast moving average or oscillator value105-100 (lower = more sensitive)Affects responsiveness to short-term trends
Slow (5-150)Slow moving average or oscillator value195-150 (higher = more stable signals)Affects responsiveness to longer-term trends
Signal (5-150)Signal line or confirmation value135-150 (use preset values unless optimizing)Affects trade confirmation timing
Initialization3 (5-50)Additional strategy logic parameter125-50 (use preset values unless optimizing)Fine-tunes trading algorithm

Execution Settings

Parameter NameDescriptionDefault ValueRange/Recommended ValuesImpact
SlippageMaximum allowable price deviation51-10 (lower for less slippage)Controls maximum acceptable price deviation
use_closed_candleOnly trades after candle closetruetrue (recommended)Reduces false signals by waiting for candle confirmation

Summary and Recommendations

  • Start with LowRiskmode and minimal lot sizes (0.01) until comfortable with EA behavior.
  • Use XAUUSD (Gold) H1 or M15 timeframes for optimal performance based on preset files.
  • Minimum recommended account size is $200 for Low Risk mode, $500+ for other modes.
  • Test on demo account for at least 1-2 months before live trading.
  • Use a reliable VPS to ensure consistent 24/7 operation.
  • Avoid enabling multiple trade modes simultaneously unless thoroughly tested.
  • Verify broker compatibility with XAUUSD trading and ensure adequate leverage (1:100+).
  • Consider using low spread/commission brokers like Exness or HTFX.
  • Keep AutoLot below 2% to maintain reasonable risk management.
  • Use the provided preset files as starting points rather than creating settings from scratch.
  • For best results, run the EA on a clean chart without other indicators.
  • Confirm your broker’s pip definition for XAU/USD to properly calculate risk parameters.

Important Risk Warning

Forex trading involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Vibrix Group EA’s performance can vary based on market conditions, broker execution, and parameter settings. Users assume full responsibility for installation, configuration, and risk management. Always thoroughly test on a demo account before live trading. The developer bears no responsibility for any trading losses that may occur.

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Jason Chen

I'm Jason Chen, the founder of EaOnWay.com. With over 15 years in Forex trading and a background in Computer Science, I started EaOnWay to cut through the noise and hype. My goal is to give you clear, honest insights and practical, risk-aware education about Forex Expert Advisors, so you can trade with more confidence

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