Trading utilities for MetaTrader 4

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MetaTrader 4

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PyramidExpert

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Information

Utilities
MetaTrader 4
Joel Protusada
2.0
5

Overview


⭐⭐⭐⭐⭐   P Y R A M I D   E X P E R T   ⭐⭐⭐⭐⭐

This Forex utility is a complex exit strategy and order management tool that executes four trading methods; scalping, pyramid style, hedging, and scaling method to close trades with a profit.  
    


⚡  V E R Y  I M P O R T A N T   

  • This is not a stand alone expert advisor. Use it with your own volatility-based strategy. Once you found the currency pair to trade, you can just attach this tool to the chart of the chosen pair and it will do the rest.  
  • You can run it in any charts and timeframes but H1 is recommended. Make sure that the pair is volatile at the time of trading.
  • If you don't have a solid volatility-based strategy yet, you can use this utility together with the VOLATILITY WATCHER INDICATOR. You can download it from this link... https://www.mql5.com/en/market/product/46475
  • You may also need to observe overbought and oversold status of your pair by using the OBOS WATCHER. You can download it form this link...https://www.mql5.com/en/market/product/47894 

??  F E A T U R E S  ? ?

  • The tool is a magnificent exit executioner that uses a proprietary complex algorithms to determine when to use scaling, hedging and pyramid methods. It's "Maneuver Analysis" is at the highest level.
  • It is advisable not to change the parameters.
  • The foundation of the indicator is based on one of the features of the DT Playbook strategy introduced in the e-book, Uncharted Stratagems: Unknown Depths of Forex Trading. Read it here... https://www.yumpu.com/en/document/view/63068016/uncharted-stratagems-unknown-depths-of-forex-trading

??  A P P L I C A T I O N  ? ?

  • Volatility-based trading  only.
  • For risk management, it is recommended to start with...
    1. a capital of US$1000 
    2. at a leverage of 1:500 
    3. on an ECN Account type. 


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