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Advanced Forex Robot - MTF Scalping EA for MT4 - Demo Version
Experience the power of our expert advisor, the "mtf-has-scalping-demo517.mq4," a cutting-edge Forex robot designed for optimal performance on the MT4 platform. This EA employs advanced multi-timeframe analysis for precise scalping, ensuring quick and efficient trades in dynamic market conditions.
Tested on reputable brokers such as LQDFX and FXOpen, this versatile Forex EA is compatible with a wide range of brokers, providing flexibility for traders. Elevate your trading strategies with our expert advisor, unlocking the potential for consistent returns in the ever-changing Forex landscape.
Download the demo version now to witness the capabilities of this expert advisor in action. Enhance your trading journey with the MTF Scalping EA - your key to success in the Forex market.
mtf-has-scalpling-demo517.mq4 11.17 kb, 37 downloads since 2015-04-19
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Hey there, I'll walk you through this EA it's called GridMACD
GridMACD is like a little helper for trading in the forex market. It uses a strategy that combines grid trading with the MACD (Moving Average Convergence Divergence) indicator. It aims to make a profit by buying and selling at specific prices based on MACD signals.
Setting It Up:
You need to install this EA in your trading platform.
Once installed, you can configure some settings, like 'magic' number, grid intervals, lot size, and more. You can change these settings according to your trading preferences.
GridMACD waits for the MACD indicator to give buy or sell signals. When it sees a signal, it starts by placing "buy stop" and "sell stop" orders at certain price levels above and below the current market price. These orders create a grid.
Now, let me explain how this grid works. When a "buy stop" order gets triggered, it means the price is moving up, and you make a profit. Conversely, when a "sell stop" order gets triggered, it means the price is moving down, and you profit from that movement.
How Does It Decide When to Place Orders? GridMACD checks the MACD indicator. When it changes direction from negative to positive or vice versa, it places these orders. It helps you buy low and sell high, or sell high and buy low when the market changes direction.
Managing Orders: GridMACD keeps track of your open orders and manages them. It can close orders for you when certain conditions are met. For example, if you have too many orders in one direction or if the profit reaches a specific level, it might close some or all orders to lock in profits.
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MTF-HAS-SCALPING EA is another trading assistant, and it's here to help you with your forex trading. The name stands for Multi-Timeframe Heiken Ashi Smoothed Scalping. This EA uses a strategy that combines Heiken Ashi candlesticks and scalping techniques to make quick profits from small price movements.
Setting It Up:
To get started, you install the EA in your trading platform.
You can configure several settings, such as lot size, Take Profit levels, Stop Loss, and more to match your trading style and preferences.
MTF-HAS-SCALPING focuses on finding trends using Heiken Ashi candlesticks. It looks for opportunities to buy or sell based on these trends. The goal is to make small profits from these short-term price movements, known as scalping.
Comparing with GridMACD:
GridMACD primarily uses the MACD indicator to trigger buy and sell orders.
MTF-HAS-SCALPING, on the other hand, relies on Heiken Ashi candlesticks to identify trends and scalping opportunities.
GridMACD sets up a grid of buy and sell orders at specific price levels and relies on MACD signals to decide when to place orders.
MTF-HAS-SCALPING aims to open and close trades quickly to capture small profits from the market's short-term fluctuations.
GridMACD's main focus is grid trading with MACD as a supplementary tool.
MTF-HAS-SCALPING specializes in scalping with Heiken Ashi as its main indicator.
Both EAs have their unique strategies, and their success depends on various factors, including market conditions and your trading preferences.
mtf-has-scalpling-demo517.mq4 11.17 kb, 7 downloads since 2023-11-07
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