Ilan EA V6.10 for MT4 – Reliable Grid & Martingale Forex Automation
Ilan EA V6.10 for MT4 is the latest iteration of a renowned Martingale/grid trading system, celebrated for consistent profit accumulation and strategic order management. Designed to capitalize on small price movements, it excels in ranging market conditions while maintaining controlled drawdowns.
This version introduces optimized presets for CADCHF and EURGBP, allowing traders to start with proven setups for smoother trade cycles and reliable performance. Backtests highlight steady equity growth, making Ilan EA suitable for both personal accounts and prop trading environments when proper risk management is applied.
Recommended Trading Settings
For optimal performance, use the following settings:
- Currency Pairs: EURGBP (preset), CADCHF (preset), EURUSD, GBPUSD
- Timeframes: M5
- Minimum Deposit: $300 (higher recommended for micro/cent accounts)
- Leverage: 1:500
- Account Type: ECN or Standard
The CADCHF and EURGBP presets are optimized for low-volatility sessions, where Ilan’s grid logic performs efficiently, producing smoother equity waves and reduced drawdowns.
Key Features of Ilan EA V6.10
Classic Martingale Core
Incremental lot sizing recovers drawdowns and captures profit efficiently.
Intelligent Grid Structure
Orders are placed at calculated intervals to optimize trade coverage during market swings.
Equity Growth Control
Maintains stable growth with predictable equity waves.
Optimized Presets
CADCHF and EURGBP strategies are pre-configured for reliable performance.
Flexible Risk Settings
Adjust grid steps, multipliers, and profit targets to match your risk profile.
Fully Automated Trading
Once configured, the EA manages entries, exits, and risk without manual intervention.
Ilan EA has remained popular due to its simple yet efficient system, capable of generating a smooth equity curve when paired with low-risk settings and stable currency pairs.
Trading Strategy
Ilan EA V6.10 employs a classic grid + Martingale strategy. It adds trades against short-term market swings and closes the basket once the profit target is reached.
Key strengths include:
- Tight control of step distances between trades
- Balanced multiplier settings
- Predefined profit targets per cycle
Using the CADCHF and EURGBP presets, the EA focuses on low-volatility pairs to minimize drawdowns and enhance overall stability.
Trading Signals & Risk Management
Buy Entry: Triggered during downward pullbacks, with additional grid layers added if the price moves against the position.
Sell Entry: Initiated during upward retracements, following the same averaging logic.
Profit Target: The basket automatically closes when the predefined profit goal is achieved.
Risk Control: Controlled lot scaling and grid step management maintain manageable risk.
This approach makes Ilan EA highly effective in ranging and slow-trending market conditions, delivering consistent results with minimal intervention.
Conclusion
Ilan EA V6.10 for MT4 continues the legacy of one of Forex’s most trusted Martingale/grid systems. Its strength lies in delivering stable performance on carefully selected pairs, with controlled drawdowns and smooth equity growth.
The addition of optimized CADCHF and EURGBP presets allows traders—both beginners and experienced—to start quickly with reliable performance. With proper risk management, Ilan EA V6.10 offers a practical solution for steady, long-term account growth.
