Three Little Birds EA MT4 – Version 33.9

Three Little Birds EA for MT4: The Ultimate Trading Solution for Scalping and Risk Management

Introduction

The Three Little Birds EA for MT4, developed by Ahmad Aan Isnain Shofwan, is an innovative and powerful trading robot designed for precision and quick market entries. This Expert Advisor (EA) is equipped with advanced algorithms that enable it to analyze market conditions, scalp effectively, and manage risk seamlessly.

The EA has been optimized to handle various market environments by dynamically adjusting its strategy based on volatility and trend strength. If you’re a trader looking for a smart and versatile system that can handle scalping, risk management, and dynamic position sizing, then Three Little Birds EA could be the right choice for you.

How the Three Little Birds EA Works

Three Little Birds EA is built to capitalize on the ever-changing dynamics of the forex market, particularly focusing on scalping strategies. It uses sophisticated algorithms and customizable settings to make market entries at the most opportune moments. With its ability to set fixed or dynamic take-profits based on real-time market conditions, the EA is designed to maximize profitability while keeping drawdown to a minimum.

Key Strategy Components:

• Smart Market Entries: The EA deploys algorithms that focus on scalping opportunities with quick entry and exit points to capture short-term price movements.
• Adaptive Take-Profit System: By setting take-profit targets based on either fixed points or market volatility, the EA dynamically adjusts its risk and reward profiles to fit the prevailing conditions.
• Risk & Drawdown Management: Three Little Birds EA places a significant emphasis on minimizing risk through various risk management features, including stop losses, hedging, and drawdown controls.

The EA’s flexibility allows it to work across multiple pairs, timeframes, and trading styles, with default settings optimized for XAUUSD (Gold) and BTCUSD on the H4 (4-hour) timeframe.

Trading Specifications: Pairs, Timeframes, and Balance Requirements

Recommended Pair & Timeframe

• Pairs: While the EA is versatile and can be used on any forex pair, the default settings have been tailored for XAUUSD (Gold) and BTCUSD.
• Timeframe: The H4 (4-hour) timeframe is recommended, providing a balanced approach to trading without being overly sensitive to short-term market fluctuations.

Minimum Balance and Capital Considerations

• Minimum Balance: The EA is designed to work best with a minimum of $10,000 in capital for optimal performance with default settings.
• Capital Advice: Given the nature of the EA’s strategies and risk management features, it’s crucial to have “proper” capital to withstand market fluctuations and to ensure that trades are executed effectively.

Understanding the Inputs & Customization

Three Little Birds EA comes with an extensive range of customizable inputs, allowing traders to tailor the EA to their specific needs and risk preferences. Here is a breakdown of some key input settings that highlight its functionality:

General Trade Setup

• Auto Lot Mode & Micro Account Divider: The EA supports both fixed lot sizes and automatic lot sizing based on account balance, allowing flexible position sizing. For micro accounts, a divider can be set to adapt lot sizes appropriately.
• Price Cluster Setup: The EA uses a “price cluster” mechanism to determine entry points, take-profit levels, and stop losses. This feature is particularly effective in volatile markets, ensuring trades align with key price zones.

One-Shot Setup

• One-Shot Trading Mode: This mode allows the EA to execute a single trade, hedging, and grid systems are disabled to focus on one clean entry and exit. This is ideal for conservative traders who prefer limited market exposure.

Brute Force Setup

• Brute Force Trading: A unique aspect of the Three Little Birds EA is its “brute force” mode, which intensively opens trades in the direction of the trend to maximize profit during high-confidence market conditions.
• Margin Level Filter: Protects the account from excessive margin usage by setting levels at which trades should be closed or not taken to maintain healthy account equity.

Grid & Hedge Trading

• Grid Trading Features: The EA can open multiple trades in a grid format, which means placing buy/sell orders at specific intervals to capture market swings. Traders can set grid size, multipliers, and profit targets.
• Hedge Mode: The EA can use hedging to offset risk when market conditions are unpredictable. It provides options for opening counter-trades when the main direction of a trade moves against the intended direction, thereby minimizing losses.

Take Profit & Stop Loss Settings

• Dynamic TP/SL: The EA includes several take-profit and stop-loss mechanisms, whether fixed or dynamically adjusted according to market conditions and price clusters.
• Time Zone Strategies: The EA allows customized trading strategies for different sessions like Asia, Frankfurt, London, and New York, enabling traders to optimize entries and exits based on time zone-specific market behavior.

Drawdown Management & Limiter

• Drawdown Manager & Limiter: Three Little Birds EA includes sophisticated drawdown management tools to safeguard your capital. It allows setting daily, weekly, and monthly drawdown limits, beyond which trading will stop to protect the account balance.
• Trailing Drawdown: The trailing drawdown system helps lock in profits while allowing room for the trade to breathe, adapting as the trade moves in the desired direction.

Our Thoughts on Three Little Birds EA

The Three Little Birds EA is highly customizable and powerful, offering features that can be adjusted to align with a variety of trading strategies and risk preferences. The combination of scalping, grid, hedging, and brute force trading allows this EA to be a versatile tool for traders who want to approach the market dynamically.

One aspect that stands out is its attention to drawdown management and risk controls, ensuring that even during volatile market phases, your capital remains protected. The ability to customize settings based on trading sessions (Asia, Frankfurt, London, New York) adds another layer of sophistication, making it easy to adapt to market volatility and price action.

User Reviews

Mark P. (2024.09.15):
“Three Little Birds EA is a scalping beast. I love how you can tweak every setting to your liking, and it handles Gold trades like a pro. The risk management is top-notch, and it works flawlessly on my H4 charts.”

Samantha K. (2024.08.30):
“Initially, I was cautious about trying a scalping EA, but Three Little Birds has far exceeded my expectations. It is consistent, reliable, and the backtest results show a solid performance even in volatile markets. It’s truly impressive.”

Carlos M. (2024.08.20):
“This EA has all the settings you can ask for. The price cluster system is amazing at capturing entry points, and the grid trading works really well. I’ve used it on different pairs, and it adapts seamlessly.”

Conclusion: A Sophisticated, Reliable, and Profitable Trading Solution

If you’re looking for a comprehensive trading system with the versatility to handle various trading conditions and pairs, the Three Little Birds EA for MT4 is an exceptional choice. Whether you’re interested in scalping Gold or using a more conservative approach with its hedging features, this EA provides a range of strategies to maximize your trading potential while keeping risks in check.

Available on CheaperForex.com, the Three Little Birds EA can transform your trading experience by offering consistent, smart, and automated trading strategies that help you make the most of market opportunities. With its customizable settings, robust risk management, and powerful algorithms, it’s a reliable partner for both experienced traders and those just beginning to explore automated trading.

Key Features Recap

• Scalping Strategy optimized for XAUUSD & BTCUSD with extensive customization.
• Dynamic & Fixed Take-Profit Settings based on market conditions.
• Robust Risk & Drawdown Management to protect your capital.
• Hedge & Grid Trading Options for enhanced trading flexibility.
• Time Zone-Specific Strategies for session-based optimization.

With Three Little Birds EA, you are not just trading—you are maximizing your market potential with intelligent automation. Equip yourself with this powerful tool and navigate the market like never before.