Technical Indicators for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
Introducing Forex Wiper, the groundbreaking MQL5 expert advisor that's transforming the way you trade the prestigious GBPUSD, EURUSD, USDCAD pair! Developed by a team of experienced traders with trading experience of over 15 years.
***Buy Forex Wiper EA Today
Forex Wiper EA utilizes a unique strategy where it continuously splits a single trade into seven smaller trades. This means that each time the EA executes a trade, it automatically divides it into seven smaller positions.
Forex Wiper EA stands out from other expert advisors due to its remarkable approach to handling losing trades. Unlike traditional methods that solely rely on Stop Loss orders to limit losses, ForexWiper EA employs a sophisticated technique to manage losing positions effectively.When faced with a losing seven trades batch, instead of closing them immediately, Forex Wiper divides the next position into seven smaller ones. It then strategically uses the profits from winning trades to gradually close the losing positions, one by one, until all of them are successfully discarded.
This unique strategy allows Forex Wiper to optimize its risk management, minimize losses, and potentially turn losing trades . By harnessing the power of multiple smaller positions and profit redistribution, it demonstrates a higher level of adaptability and resilience in challenging market conditions.
Recommendations:
- Currency pair: GBPUSD
- Timeframe: 1m
- Minimum deposit : $100
- Account type: ECN, Raw or Razor with very low spreads.
- Brokers :Ccontact us
- IMPORTANT: It is very important to use LOW SPREAD accounts for best results !
- Account type: Any
Specifications:
- Trade GBPUSD
- Every trade is protected with 250 pips SL
- Exit strategy incorporates a trailing stop using a m1 Chart
- Orders are split into 7 smaller orders and losing ones can be closed using profit harnessed by the winning orders.
- Autolot function incorporated
- Very easy to install, does not need any changes on settings, default settings are perfect for most brokers that use a GMT+3 server time. If your broker has different server time, small time setting adjustments need to be done
- VPS not essential but recommended
- You can find backtest results in comment section !
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