BTMM Swing Trader EA v1.0 (Platform build 1441+)

What is BTMM Swing Trader EA?

BTMM Swing Trader EA is an automated Expert Advisor for MetaTrader 4 (MT4), specializing in trend-following combined with reversal trading. It uses Moving Average (MA) and Stochastic filters to pinpoint accurate entry signals, with balanced TP and SL, smart risk management, and breakeven logic to optimize stable medium-term profits.

Version: New Version
The Right Platform: Meta Trader 4 (MT4)
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Key Features

🔹 Trend & Reversal Strategy: Combines both trend-following and reversal logic, allowing the EA to flexibly identify trading opportunities during bullish, bearish, or reversal phases. The use of multiple technical indicators enhances the accuracy of high-probability entry signals.
🔹 Dual Moving Average Filter: Utilizes a fast MA to capture medium-term momentum and a slow MA (Simple Slow MA) to determine the primary trend direction, filtering out noise and only entering trades when the market confirms a clear movement.
🔹 Stochastic Oscillator: Applies a stochastic filter to detect overbought and oversold zones, optimizing reversal entries with higher precision.
🔹 1:1 Risk/Reward Ratio: Uses a 100-pip Take Profit (TP) and 100-pip Stop Loss (SL) for conservative, capital-preserving trading, minimizing major losses while aiming for stable medium-term profits.

BTMM Swing Trader EA Review

BTMM Swing Trader EA is a reliable and profitable tool, performing especially well on NZDUSD, AUDUSD, and GBPUSD pairs. It has generated over $9,000 in profit, allowing traders to easily automate swing trading on MT4 with accurate entries and consistent performance.

The EA Setting

1. Installation on MT4

1. Copy the EA file (.ex4 or .ex5) into:
   MQL4 → Experts (inside the MT4 data folder).

2. Restart MT4 or click Refresh in the Navigator panel.

3. Drag BTMM Swing Trader EA v1.0_fix_ onto your desired chart.

4. In the Common tab:

   • Enable Allow live trading

   • Enable Allow DLL imports

   • Ensure AutoTrading is turned on (green button on MT4 toolbar).

2. Input Parameters Explanation

Based on your screenshot, here’s what each input means:

Lot and Risk Settings

• Lot_Type: Type of lot calculation.

  • Risk = lot size is calculated based on risk %

  • Fixed = lot size is fixed.

• LotSize: Starting lot size, e.g., 0.1.

• TakeProfit: TP in pips (default 100).

• StopLoss: SL in pips (default 100).

• TrailingStop: Trailing SL in pips (default 20).

• BreakEven: Distance in pips to move SL to breakeven (default 10).

• Max_Trades: Maximum simultaneous trades (default 5).

Trading Time

• Start_Time: Trading start time, e.g., 01:00.

• End_Time: Trading end time, e.g., 23:00.

EA Comment

• Ea_Comment: Custom comment for trades (shown in MT4 terminal).

Moving Average (MA) Filter

• Fast_Ma_Type / Slow_Ma_Type: MA type (Simple, Exponential, etc.).

• Fast_Ma: Period for the fast MA (default 50).

• Slow_Ma: Period for the slow MA (default 100).

Stochastic Oscillator Settings

• K_Period / D_Period: Periods for the Stochastic indicator (default 5, 3).

• Slow_Period: Smoothing period (default 3).

• Buy_Line / Sell_Line: Levels for buy and sell signals (20 = oversold, 80 = overbought).

Other Settings

• Inverse_Trade: true to reverse trade direction, false for normal.

• PassKey: Key for EA activation if required.

3. Recommended Usage

• Chart Timeframe: H1 or H4 (trend-following strategies work best here).

• Currency Pairs: Major pairs with moderate volatility (EURUSD, GBPUSD).

• Risk Management:

  • Start with a small LotSize or low risk % until you confirm performance.

  • Use Max_Trades = 3–5 to avoid overexposure.

• Broker Requirements:

  • Use a low-spread ECN broker for better performance.

4. Operating Checklist

1. Attach EA to the desired chart and timeframe.

2. Make sure the smiley face appears (EA is running).

3. Double-check:

   • AutoTrading = ON

   • Trading hours are correct

   • SL/TP and trailing logic are properly set.

In the Downloads folder, there are:

✅ Experts: BTMM Swing Trader EA v1.0_fix_.ex4

>>> Reviewed by Micheal Elliot

Conclusion

BTMM Swing Trader EA is a powerful and easy-to-use automated trading system for MetaTrader 4, designed for swing traders who want stable medium-term profits. It combines trend-following and reversal strategies to capture market movements effectively. The EA uses Moving Averages to detect the main trend, Stochastic Oscillators to spot overbought and oversold zones, and built-in risk management to protect your capital. Optimized for popular pairs like NZDUSD, AUDUSD, and GBPUSD, it provides clear, high-probability trade entries with consistent and reliable performance.