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Buy.mq4 - Top-Performing Forex EA for LQDFX and FXOpen
Unlock unparalleled trading success with Buy.mq4, the ultimate Expert Advisor (EA) and Forex Robot. Elevate your trading experience on LQDFX and FXOpen as you harness the power of this cutting-edge Forex EA. Maximize profits with a proven and reliable trading solution. Download Buy.mq4 now for a game-changing Forex experience.
Buy.mq4 1.39 kb, 29 downloads since 2015-04-23
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Maximize Your Trading Potential with Buy EA!
The Buy EA is a straightforward and effective Expert Advisor, primarily focuses on opening buy orders in the forex market. It operates by continuously placing buy orders for a predefined volume of 1.0 lots at the current ask price, with a slippage of 2 points. The EA includes a simple stop mechanism, pausing if there's not enough money (error 134) or if prices change (error 135). It's ideal for traders looking to automate their buying strategy in a bullish market.
How this EA works:
The Buy EA continuously attempts to place a buy order for 1.0 lot.
It uses the current ask price for order placement, allowing a slippage of 2 points.
If the order fails, the EA checks for two main errors: 'not enough money' (error 134) and 'prices changed' (error 135). If it encounters these errors, the EA either stops or refreshes rates, respectively.
The EA includes a safety mechanism to prevent excessive trading, indicated by the break; statement in the script.
It also has a 10-second wait time between order attempts, reducing the risk of rapid, uncontrolled trading.
Setup Guidance:
Download the mq4 file for the Buy EA.
Place the file in your MT4's "Experts" directory.
Restart MT4 to load the EA.
Attach the EA to the desired chart. Configure the EA parameters. Activate the EA for automated trading.
Suggested Winning Strategy Settings:
Volume: 1.0
Slippage: 2
Currency: EUR/USD
Timeframe: H1
Minimal Balance: $10,000
Explanation of Winning Strategy Settings:
Volume 1.0: This lot size balances between significant market impact and manageable risk.
Slippage 2: Limits the slippage to 2 points, ensuring orders are executed near the desired price, reducing the risk of significant price changes.
Currency EUR/USD: This pair is known for its liquidity and lower spreads, making it ideal for frequent trades.
Timeframe H1: Hourly charts strike a balance between short-term movements and broader market trends, suitable for this strategy.
Minimal Balance $10,000: This balance ensures sufficient funds to handle the volume and potential drawdowns.
The Buy EA is suitable for traders looking for a simple, effective way to participate in bullish markets. Remember, while this EA simplifies trading, always be mindful of market conditions and risks involved in forex trading.
Buy.mq4 1.39 kb, 5 downloads since 2023-11-14
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