Dolphin EA V1.0 MT4

In the fast-moving waters of the forex market, traders need a tool that can swim through volatility with grace and agility. Dolphin EA V1.0 MT4 is designed to do just that — combining smooth trend detection, adaptive trade management, and disciplined risk control to help traders capture opportunities across multiple currency pairs.

Whether you’re looking for an all-day scalper, a swing-trading assistant, or a reliable addition to your prop-firm strategy, Dolphin EA V1.0 MT4 offers a fluid, market-responsive approach that balances profitability with safety.

What Is Dolphin EA V1.0 MT4?

Dolphin EA V1.0 is an Expert Advisor for MetaTrader 4 that uses a hybrid trading strategy combining trend-following indicators, momentum filters, and volatility-based entry logic. The name “Dolphin” reflects its ability to adapt quickly, avoiding dangerous waters (high-risk market conditions) while taking swift action when conditions are favorable.

How Dolphin EA Works

1. Market Scanning:
   Continuously checks selected pairs for trend alignment, price momentum, and volatility ranges.
2. Smart Entry Logic:
   Opens trades only when technical filters confirm high-probability setups, reducing false entries.
3. Dynamic Lot Sizing:
   Can use fixed lots or equity-based risk % to manage position size automatically.
4. Adaptive Exits:
   Closes trades using a mix of fixed take-profit, trailing stop, and volatility-triggered exits.
5. Risk Management Filters:
   Built-in spread control, maximum open trades, and equity stop-loss protections.

Key Features

•  Multi-Pair Support – Works on major, minor, and even some exotic pairs.
•  Adjustable Risk Control – Set fixed lots or percentage-based position sizing.
•  Trend + Momentum Filters – Avoids low-quality trades.
•  Built-In Spread Filter – Prevents entry during widened spreads.
•  Trailing Stop Option – Locks in profits during extended moves.
•  Session Filters – Focuses on high-liquidity market hours.
•  VPS Optimized – Runs efficiently for 24/5 automated trading.
•  No Martingale, No Grid – Pure strategy logic with controlled risk.

Recommended Settings

• Pairs: EURUSD, GBPUSD, USDJPY for stability; can test others.
• Timeframes: M15 for intraday trading, H1 for swing trades.
• Minimum Deposit: $300+ for micro/cent accounts; $1,000+ for standard accounts.
• Leverage: 1:100–1:500.
• Risk Per Trade: 1–2% for steady growth.
• Broker Type: Low-spread ECN broker.

Installation Guide

1. Download Dolphin EA V1.0 MT4.
2. Open MT4 → File → Open Data Folder → MQL4 → Experts.
3. Paste the EA file into Experts.
4. Restart MT4 or refresh the Navigator window.
5. Attach the EA to your desired chart and timeframe.
6. Set lot size, risk parameters, and trading filters.
7. Enable AutoTrading (ensure the smiley face is active).

Backtesting & Live Testing Tips

• Use Every Tick model for accurate backtest results.
• Apply realistic broker spreads and commissions.
• Test over at least 12 months to cover different market conditions.
• Forward test in a demo account for 2–4 weeks before going live.

Why Traders Like Dolphin EA V1.0 MT4

• Adaptive, market-aware strategy that avoids overtrading.
• Strong focus on capital preservation while seeking steady returns.
• Works for both manual oversight and full automation.
• Compatible with prop-firm daily drawdown rules.

Final Thoughts

The Dolphin EA V1.0 MT4 is a versatile trading robot that thrives in both trending and ranging markets by adapting its entry and exit logic in real-time. Its smooth, calculated approach makes it a solid choice for traders seeking a balance between profitability and safety.

 

Happy Trading