Trading Robots for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
The strategy of this Expert Advisor is based on a hedging system, which implies placing opposite orders.
The EA algorithm determines trend beginning and opens a position in the trend direction. In case of a wrong entry, the EA tries to neutralize the drawdown through opposite (hedging) orders at a preset interval (Coefficient of counter orders). Orders are closed when one of the two values is reached - profit in percent or profit in points.
The EA does not use lot increase.
The EA wast tested on 99.9% quality quotes.
Recommended trading instrument: GBPJPY 15m.
The EA operates in a fully automated mode. A high-quality VPS for around-the-clock operation is recommended.
Configurations
- Coefficient of counter orders
- Take % of profit
- Profit in points
- MaxRisk - risk for the first order
- if MaxRisk = 0, Lot will be - lot value if MaxRisk=0
- Step between orders
- MagicNumber
- Comment to orders - a comment to the orders opened by the Expert Advisor.
