Question 1

What type of strategy does STP EA MT4 use?

Accepted Answer

It is a pattern-based trading system that identifies specific price ranges and executes short-term trades with fixed large lot sizes.

Question 2

Is it safe to use?

Accepted Answer

High Risk — The default lot size of 120.0 is extremely large and unrealistic for most traders. It requires a very large account ($50,000+) to be used safely.

Question 3

What is the risk level?

Accepted Answer

Very High due to the oversized lot. The wide Stop Loss (400–600 pips) also means large potential losses per trade.

Question 4

Can I change the lot size?

Accepted Answer

Yes. You must manually reduce the Lot parameter (e.g., to 0.1 or 1.0) according to your account size. The default 120.0 is not suitable for most users.

Question 5

Does it use Martingale?

Accepted Answer

No. It uses a fixed lot size and limits maximum orders to 2. There is no lot multiplier.

Question 6

Is it suitable for beginners?

Accepted Answer

Not recommended for beginners. The large default lot size and wide Stop Loss make it dangerous without proper capital and experience.

Question 7

What is the recommended starting capital?

Accepted Answer

At least $50,000+ if using the default lot of 120.0. For smaller accounts, reduce the lot size proportionally (e.g., 0.01 lot per $5,000).

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