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Goblin Bipolar Edition 2 Forex Robot - Proven Expert Advisor (EA)
Unleash the power of the -goblin_bipolar_edition2modhcasa.mq4 Expert Advisor (EA) in your Forex trading journey. This Forex Robot is meticulously crafted for optimal performance, ensuring precision and reliability in diverse market conditions. Tested on LQDFX and FXOpen, this EA seamlessly adapts to any broker, offering you a strategic advantage in the dynamic Forex landscape. Elevate your trading with the -goblin_bipolar_edition2modhcasa.mq4 Forex EA today!
-goblin_bipolar_edition2modhcasa.mq4 31.36 kb, 40 downloads since 2015-04-23
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Ready to dive into the Goblin BiPolar Edition v.2.0 Mod H?
This EA is like a Swiss Army knife for your MT4 trading platform.
Let's break it down:
Goblin BiPolar Edition v.2.0 Mod H aims to execute trades based on certain market conditions, using a mix of indicators like RSX and JMA. It opens both long (buy) and short (sell) positions, adapting to market trends.
How this EA works:
Adjusts lot sizes based on your account, targeting a balance between risk and reward.
It decides when to buy or sell based on RSX indicators and a set of rules - kind of like how a GPS uses traffic data to suggest the best route.
Equity protection levels are there to pull the brakes if things go south, protecting your capital.
Setting Up:
Download and place the .mq4 file in your MT4's 'Experts' folder.
Restart MT4, and you'll find Goblin BiPolar in the 'Navigator' panel.
Drag it onto a chart and a window will pop up.
Adjust the parameters as needed (more on this below).
Click 'OK', and watch it work its magic!
Adjustable Parameters:
LotSize: Determines the size of the first order.
LotsIncreaseBy: Factor by which new orders increase in size.
Slippage: Acceptable slippage for order execution.
UseMoneyMgmt: Enables dynamic lot sizing based on account equity.
EquityProtectionLevel: Minimum equity level to maintain.
ProfitTarget, LongTakeProfit, ShortTakeProfit: Profit goals for trades.
LongMaxTrades, ShortMaxTrades: Maximum number of trades for long and short positions.
LongPips, ShortPips: Distance in pips for order placements.
Winning Strategy Settings for Goblin BiPolar Edition v.2.0 Mod H:
Currency: EUR/USD
Timeframe: H1
Minimal Balance: $1000
ProfitTarget: 20
ProfitMultiple: 1.001
LotSize: 0.1
LotsIncreaseBy: 1.625
Slippage: 3
LotPrecision: 1
UseMoneyMgmt: true
EquityProtectionLevel: 0.0
MaxLossPerOrder: 0.0
RiskPercent: 0.5
UseConservativeRSX_Signals: false
StopAfterNoTrades: false
LongTakeProfit: 20
LongInitialStop: 0
LongTrailingStop: 0
LongMaxTrades: 4
LongPips: 10
LongSecureProfit: 0
LongAccountProtection: false
LongOrderstoProtect: 0
ShortTakeProfit: 20
ShortInitialStop: 0
ShortTrailingStop: 0
ShortMaxTrades: 4
ShortPips: 10
ShortSecureProfit: 0
ShortAccountProtection: false
ShortOrderstoProtect: 0
Goblin BiPolar Edition v.2.0 Mod H is your go-to EA for a balanced and adaptive trading approach on MT4. It's designed to be user-friendly and flexible, ideal for those starting their journey in the Forex world. Remember, it's all about steady growth and smart risk management. Happy trading!
-goblin_bipolar_edition2modhcasa.mq4 31.36 kb, 5 downloads since 2023-11-14
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