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Contradictionsea.mq4 - A Reliable Forex Expert Advisor for Consistent
Explore the potential of Contradictionsea.mq4, a powerful Forex Robot designed to optimize trading strategies and maximize profits. This Expert Advisor (EA) has undergone extensive testing on brokers like LQDFX and FXOpen, ensuring compatibility with various platforms. Enhance your trading experience with this reliable Forex EA, a valuable addition to any trader's toolkit. Download Contradictionsea.mq4 now and unlock new possibilities in automated trading.
contradictionsea.mq4 13.13 kb, 41 downloads since 2015-04-23
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Ready to make your trades smarter with Contradictions.mq4? Let's dive in!
Contradictions EA plays smart with market movements. It uses the Keltner Channels indicator to decide when to buy or sell. Think of it as your trading sidekick, helping you make decisions based on price trends. It's got some neat tricks like a trailing stop and a break-even feature to protect your gains.
How this EA Works:
It enters a trade based on the Keltner Channels indicator. If the bid is above the lower channel, it goes for a buy; if the ask is below the upper channel, it goes for a sell.
This EA can adjust the stop-loss to a break-even point once a certain profit is reached. It can also use a trailing stop to secure profits as the price moves favorably.
Setting it Up:
Download the .mq4 file: This is the script for the EA.
Copy this file into the 'Experts' folder of your MT4 installation.
Restart MT4 and find the EA in the 'Navigator' panel.
Drag it onto your desired currency pair chart.
Adjustable Parameters:
Lots: Size of your trades.
StopLoss and TakeProfit: These set your risk management thresholds.
TrailingStop: Distance in pips for the trailing stop.
Extra_Pips, Keltner_Period: Settings for the Keltner Channels indicator.
Trade_Lots_Percent, Max_Lots_Std, Max_Lots_Mini: These control the lot size based on account balance.
Trail_At_Break_Even, BreakEven, LockInPips: Settings for the break-even feature.
Close_Lots_At_X_Pips, Close_Percent_OfLots: Control for partial closing of positions.
Suggested Settings:
For a Balanced Approach:
Lots: 1.0
StopLoss: 30
TakeProfit: 100
TrailingStop: 0.0
Extra_Pips: 1
Keltner_Period: 10
Close_Lots_At_X_Pips: 0
Close_Percent_OfLots: 0.0
Use_Percent_Method: False
Trade_Lots_Percent: 20
On_Standard_Account: True
Trail_At_Break_Even: False
BreakEven: 3
LockInPips: 1
Max_Lots_Std: 100
Max_Lots_Mini: 50
Slip: 0.0
contradictionsea.mq4 13.13 kb, 10 downloads since 2023-11-14
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