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Multi Lot Scalper EA for Forex Trading - LQDFX & FXOpen Tested
Unlock trading potential with our expert advisor, multi_lot_scalper_p_d1_jly41.mq4. This Forex robot, also known as an EA, is designed for precision and efficiency. Elevate your trading experience with this powerful tool that has been rigorously tested on leading brokers LQDFX and FXOpen. Experience the benefits of automated trading with a reliable Forex EA, optimizing your strategy for success. Download now for enhanced trading performance.
multi_lot_scalper_p_d1_jly41.mq4 12.45 kb, 38 downloads since 2015-04-23
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Get Multi Lot Scalper EA-D1 Precision
Multi Lot Scalper EA focuses on short-term trades in the D1 (daily) time frame. It aims to capitalize on small price movements, using a scalping strategy. The EA opens multiple trades, adjusting positions based on pivot points and floating trends.
This EA analyzes price movements against pivot points and floating trend lines on D1 charts. It opens either buy or sell positions based on the gap between current prices and these pivot points. The EA employs trailing stops and dynamic lot sizing to manage trades. It also features account protection mechanisms, closing trades under certain conditions to protect profits or limit losses.
Setup Guidance:
Download 'Multi_Lot_Scalper_P_D1_JLY4.mq4'.
Attach it to a D1 chart of the preferred currency pair.
Ensure your MT4 account settings match the requirements for this EA.
Adjustable Parameters:
Lots: Base lot size for initial trades.
MaxTrades: Maximum number of concurrent trades.
Pips: Minimum pip movement for trade triggers.
TrailingStop, StopLoss, TakeProfit: Settings for order management.
SecureProfit, AccountProtection, OrderstoProtect: Profit securing and account protection thresholds.
ReverseCondition: Condition to reverse trade direction.
Currency-specific pip values and risk management settings.
Optimal Settings:
Lots: 0.10 (adjust based on account size)
MaxTrades: 5 (to limit exposure)
Pips: 2 (for responsive trade execution)
TrailingStop: 5.00, StopLoss: 100, TakeProfit: 10.00
SecureProfit: 10 (to lock in profits)
Recommended Currency Pairs: Major pairs like EUR/USD, GBP/USD
Time Frame: D1
Minimum Budget: $500
Winning Strategy Settings:
Use a conservative lot size (0.10) to manage risk.
Set MaxTrades to 5 to balance trade frequency and risk.
Opt for a minimal pip movement of 2 for trade triggers.
Apply trailing stops and take profit/stop loss to protect your positions.
Use the account protection feature to safeguard your capital.
Ideal for major currency pairs on a D1 chart, with at least $500 in your trading account.
Multi Lot Scalper EA combines careful market analysis with dynamic trade management, targeting small, frequent wins in the daily time frame.
multi_lot_scalper_p_d1_jly41.mq4 12.45 kb, 13 downloads since 2023-11-13
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