Trading libraries for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
Its a scalping EA. This EA is for long term sustainable growth. This might be the only EA in this marketplace which has very cheap 3 month rental period to try it before buying. This EA is only for EURUSD.
INTRODUCTORY OFFER:
- 3 months rent only: 30$.
Instruction Blog and user Manual
Read this manual to know how this EA works, in which situation it take trades, data analysis of REAL trade taken from signal and settings for money management.
Buying price is discounted price, it will be raised
Special Feature:
There is no EA in this marketplace with the following great combination of features. Almost every EA in this marketplace, stop loss is higher than take profit which is not sustainable for long term; But this EA is opposite.
2-in-1 EA: This EA contains 2 EA
- Signal 1 : Risk to Reward ratio for each order : 1:3
- Signal 2 : Risk to Reward ratio for each order : 1:2
Example (Signal 1) : if one order stop loss is 100$ then its take profit will be 300$
Standard Features :
- Plug-N-Play : No optimization required, No set file required
- Set and forget EA : Just start it in VPS and forget for several months
- Initial stop loss and fixed take profit for each position
- Order closes based on hidden stop loss to avoid manipulation by broker
- No/Less swap fee (Orders usually close within few hours, no need to wait for weeks)
- No new order during high impacted news
- No new order during open-close time of broker
- Can be used with other EA (it will not close order which opened by other EA)
- Trend following EA (trend is friend for trading)
- 1-5 orders can be opened by the EA within few minutes based on the signal strength
The following dangerous methods are not a part of this EA:
- No martingale
- No Grid
- No averaging
- No Hedging
- No dangerous methods of money management are used
How to do back test in MT4:
In Strategy tester, balance should be 5000$, then in the EA select “Risk Per Trade $” = 100, “Select Signal” = 1 and test, Then again test using “Select Signal” = 2; select test duration for last 24 months and 5M.
Back-test report is attached which is done using Dukascopy Tick Data. The functionality of this EA is designed on every tick; so if you want to do back test then it is recommended to use Tick data and “Every tick” Model, otherwise back test using data from your broker might not be reliable.
Information:
- Pair: EURUSD
- Timeframe: M5
- Minimum trade risk per order : 2$
- Platform: MetaTrader 4
- Minimum deposit: 200$
- Leverage: 1:500 or more recommended (read manual for lower leverage)
- Type of account: Any
