Tired of flashy EAs that promise the moon and then blow up your account? Same. Bonnitta EA V1.42 MT4 takes a different route: disciplined entries, adaptive position management, and strict risk controls designed for real-world trading (including prop-firm rules). It’s built for traders who want consistent execution without babysitting every candle. If you’ve been hunting for an MT4 robot that doesn’t rely on risky martingale or blind grids, keep reading—coz this one’s focused on precision, not hype.


In this deep-dive, I’ll walk through how Bonnitta EA V1.42 works, what makes it stand out, and exactly how to set it up on MetaTrader 4. We’ll cover strategy logic, recommended settings, risk management, and practical tips for backtesting vs. live. Plus, you’ll get ready-to-use SEO metadata at the end so you can publish this blog straight to your site with minimal edits.


What Is Bonnitta EA V1.42 MT4? (Overview)


Bonnitta EA V1.42 MT4 is an automated trading system for MetaTrader 4 that blends momentum recognition with volatility filters to identify high-probability moves. It’s designed for modern market conditions—spreads, execution, and broker microstructure actually matter here—and it attempts to avoid over-optimization traps by using robust rules rather than “curve-fit” magic.


Core idea, in plain English:



  • Wait for directional momentum to confirm (not just a random pop).

  • Check volatility so entries aren’t fired in dead or chaotic conditions.

  • Enter with a pre-defined stop and dynamic take-profit logic (partial exits possible, depending on configuration).

  • If the market stalls, scale out or exit fast; if it runs, trail intelligently.

  • All parameters remain under your control (risk per trade, max positions, equity protections).


This EA is suitable for traders who prefer clean entries, tight risk, and prop-friendly execution—no ballooning lot sizes, no recovery schemes that nuke accounts. It’s not a fire-and-forget cash machine; it’s a rules-based engine that rewards good configuration, a solid broker, and a bit of common sense.


Key Features



  • Non-martingale, Non-grid Logic: Safety first; every trade is independent with its own stop.

  • Adaptive Volatility Filter: Trades only when the market has enough “juice.”

  • Momentum Confirmation: Avoids fading strong moves; aligns with market direction.

  • Equity Protection: Daily max loss, max drawdown cut-offs, and auto-pause after X losses.

  • Prop-Firm Friendly: Configurable risk per trade and daily loss guardrails.

  • Broker-Aware Settings: Spread and slippage checks to avoid poor fills.

  • Partial Take-Profit & Trailing: Lock profits early, let a runner ride if the move persists.

  • News-Avoidance Window (optional): Skip entries around high-impact news using your calendar workflow.

  • Multi-Pair Support: Works on major FX pairs and gold (if you configure filters sensibly).

  • Detailed Logging: Transparent behavior for troubleshooting and optimization.



Strategy & Logic (How It Trades)



  1. Trend bias: Short-term bias must agree with a higher-level directional read (e.g., M15 aligns with H1 trend).

  2. Volatility filter: ATR or range expansion must exceed a threshold (you set this).

  3. Spread sanity check: Ensures fills aren’t happening during thin liquidity or broker widening.

  4. Signal confirmation: Price action conditions confirm that the move isn’t a one-tick fakeout.

  5. Entry + Risk: Hard stop goes in immediately; risk is % of equity or fixed lot, your choice.

  6. Exit logic: Partial TP kicks in at a defined R multiple; trailing stop follows if price continues.


Setup & Requirements



  • Platform: MetaTrader 4 (MT4).

  • Broker: ECN/Raw spread preferred; tight spreads and solid execution help a ton.

  • VPS: Recommended for 24/5 uptime and low latency.

  • Pairs/Assets: Major FX pairs (EURUSD, GBPUSD, USDJPY, etc.) and XAUUSD if your broker conditions are good.

  • Timeframes: M15–H1 are common; pick one and keep your tests consistent.

  • Minimum Deposit: $200–$500+ suggested for sensible risk control (prop accounts follow their rules).


Installation (quick steps):



  1. Download the EA file (ex4 or mq4).

  2. In MT4, go to File → Open Data Folder → MQL4 → Experts and paste the EA.

  3. Restart MT4.

  4. Drag Bonnitta EA V1.42 onto your chart (e.g., EURUSD M15).

  5. Enable Algo Trading in MT4.

  6. Load the supplied preset (if you have one) or set inputs as below.



Recommended Starting Settings (Baseline)



  • RiskPerTrade: 0.5%–1.0% (prop-friendly).

  • MaxOpenTrades: 1–2 (keep it lean).

  • DailyMaxLoss (%): 3–5% (prop rule typical).

  • MaxDrawdownStop (%): 8–12% (hard stop the day if hit).

  • ATRPeriod: 14; ATRMultiplierEntry: 1.2–1.6 (adjust per pair).

  • SpreadFilter (points): Broker-specific; for majors keep it tight (e.g., ≤ 20 points/2.0 pips if 5-digit).

  • StopLoss (pips): 15–35 on majors; gold will need a larger absolute stop tuned to volatility.

  • TakeProfit Mode: Partial TP at 1.0R–1.5R; runner with trailing stop (ATR-based).

  • Trading Hours: Avoid rollover; optionally disable near major news events.

  • MagicNumber: Unique per chart/pair to avoid conflicts.


Risk Management That Actually Helps



  1. RiskPerTrade keeps each position sized sanely.

  2. DailyMaxLoss halts trading when the day isn’t your day.

  3. MaxDrawdownStop provides a hard circuit-breaker for equity.


Backtest vs. Live: What to Expect



  • Backtests: Start with quality tick data if possible and model realistic spreads and slippage. Run at least 2–3 years per pair to see behavior across regimes. Good curves should show a staircase—plateaus with incremental rises, not vertical rockets.

  • Optimization: Optimize one cluster of variables at a time (e.g., ATRMultiplier and SL/TP band). Avoid micro-tuning to a single month—that’s how you overfit.

  • Forward Test on Demo: Minimum 2–4 weeks. Confirm that trade frequency and average R match backtest expectations.

  • Go Live Gradually: Start tiny. Scale after 3–6 weeks of stable performance.


Pros & Cons


Pros



  • Clean, rule-based entries; no martingale or grid.

  • Strong risk controls for prop-firm compliance.

  • Works across majors and gold with pair-specific tuning.

  • Partial TP + trailing helps capture runners without giving back too much.


Cons



  • Not a “set it and forget it” gambling bot—requires proper setup.

  • Market regime shifts can reduce signal quality; periodic re-tuning helps.

  • Broker, spread, and slippage conditions matter (a lot).


FAQs (Short & Practical)


Q: Does it pass prop firms automatically?
A: No EA can guarantee that. Bonnitta is prop-friendly if you configure risk properly, but performance depends on market regime and execution.


Q: Best timeframe?
A: Start with M15 or M30 on majors. H1 if you prefer fewer trades.


Q: Can I run multiple pairs?
A: Yes—use unique Magic Numbers and watch correlated risk. Don’t exceed your daily loss cap.


Q: News trading?
A: Safer to disable around high-impact events unless you’ve tested a news-mode configuration.


How to Download & Install (Step-by-Step)



  1. Download the Bonnitta EA V1.42 MT4 file.

  2. Open MT4 → File → Open Data Folder → MQL4 → Experts → paste EA.

  3. Restart MT4, enable Algo Trading.

  4. Attach to your chosen chart/timeframe.

  5. Load preset or configure inputs (risk, ATR filters, SL/TP, sessions).

  6. Start on demo; once satisfied, move to live with conservative risk.


Final Verdict


Bonnitta EA V1.42 MT4 is a disciplined, modern trading robot that prioritizes risk control and realistic execution. It won’t “print money” in sideways chop or during random spikes—and that’s the point. When configured well on the right pairs and broker conditions, it can deliver consistent, prop-friendly trade flow without crazy equity swings. If you’re done with roulette-style bots and want something you can actually manage, this EA’s worth a proper test drive.


Happy Trading