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Hans123Trader_v7_close.mq4 - Proven Forex EA for LQDFX and FXOpen
Maximize your profits with Hans123Trader_v7_close.mq4, a powerful Expert Advisor designed for success in the Forex market. This Forex Robot ensures precision trading and consistent results. Tested on reputable brokers LQDFX and FXOpen, this EA brings reliability to your trading strategy. Elevate your trading experience with our trusted Forex EA today.
Hans123Trader_v7_close.mq4 12.08 kb, 39 downloads since 2015-04-22
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Download Hans123Trader_v7_close.mq4 Forex EA - Trading Assistant for Profitable and Automated Trading!
Hans123Trader_v7_close.mq4 Forex EAs strategy involves placing buy and sell orders during specific time sessions. It identifies entry points by considering the highest and lowest price levels within a given time frame and places trades accordingly. The EA then manages these trades with trailing stops, take profits, and stop losses.
Functions:
Hans123Trader_v7_close.mq4 Forex EA works in two trading sessions, one from 6:00 AM to 10:00 AM and another from 10:00 AM to 2:00 PM, depending on your local time zone settings.
You can customize the lot size for each trade, making it suitable for both beginners and experienced traders.
The EA enters trades based on specific price conditions, aiming to capture favorable market movements.
It offers a trailing stop feature that locks in profits as the trade moves in your favor.
You can set take profit and stop loss levels to manage your risk and maximize gains.
The EA employs a dynamic strategy, calculating entry and exit points based on price movements and market conditions.
How It Works:
Set your preferred trading parameters, including lot size, time sessions, and risk management settings.
The EA monitors the market during the specified time sessions and identifies potential trade opportunities.
When conditions align, it places buy and sell orders with predetermined take profit and stop loss levels.
The trailing stop feature allows the EA to adjust stop levels as the trade progresses, locking in profits.
The EA continuously manages open trades and closes them based on the set criteria.
Adjustable parameters:
BeginSession1: Start of the first trading session.
EndSession1: End of the first trading session.
BeginSession2: Start of the second trading session.
EndSession2: End of the second trading session.
Lots: Lot size for trading.
PipsForEntry: The number of pips used for entry conditions.
LocalTimeZone: Your local time zone.
DestTimeZone: The destination time zone for trading.
ClsOnlUnprTX: Option to close only unprofitable trades (1 for yes, 0 for no).
ProtectYourInvestments: Option to protect your investments (1 for yes, 0 for no).
Type_TS_Calc: Type of trailing stop calculation (1 for classic, 2 for ATR, 3 for Half Volatility).
FactorTSCalculation: Factor used for trailing stop calculation.
TrailingStop: Trailing stop value.
TakeProfit: Take profit value.
InitialStopLoss: Initial stop loss value.
Slippage: Allowed slippage for orders.
For optimal performance, consider the following settings:
Currency Pair: EUR/USD Time Frame: 1-Hour (H1)
Time Zones and Sessions:
Local Time Zone: GMT+1
Destination Time Zone: GMT+1
First Trading Session: 06:00 AM to 10:00 AM (Local Time)
Second Trading Session: 10:00 AM to 02:00 PM (Local Time)
EA Parameters:
BeginSession1: 6
EndSession1: 10
BeginSession2: 10
EndSession2: 14
Lots: 0.1
PipsForEntry: 5
ClsOnlUnprTX: 1
ProtectYourInvestments: 0
Type_TS_Calc: 1
FactorTSCalculation: 0.5
TrailingStop: 40
TakeProfit: 120
InitialStopLoss: 50
Slippage: 3
Now, make the most ofHans123Trader_v7_close.mq4 Forex EA to improve your trading, and consider the suggested settings to increase your chances of success.
Hans123Trader_v7_close.mq4 12.08 kb, 6 downloads since 2023-11-10
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