Print
Pinterest
Gmail
Email App
Pinterest
Pinterest
Log in or register to download unlimited Forex robots!
AmazingEA 1.0.5 - Powerful Forex Expert Advisor for MT4
Discover the potential of AmazingEA 1.0.5, a robust Forex Robot designed for MT4. This Expert Advisor (EA) is meticulously crafted to optimize trading strategies, providing consistent results in various market conditions. Tested on reputable brokers like LQDFX and FXOpen, this EA ensures compatibility with a wide range of brokers. Elevate your trading experience with AmazingEA 1.0.5.mq4, a reliable solution for your Forex endeavors.
AmazingEA-1.0.5.mq4 9.08 kb, 52 downloads since 2015-04-27
Join the MT4talk Telegram channel: https://t.me/MT4talkchannel
Join the MT4talk Telegram group: https://t.me/+XcwLRi9oFOJhYjlk
Translate to English change▼
This EA appears to focus on managing BuyStop and SellStop orders during specific market conditions, primarily around news events. The core concept here is to harness these orders strategically, possibly to catch quick market movements following the news.
Here's a breakdown of the key aspects:
Breakeven (BE) Logic: The EA employs a breakeven mechanism, which, when activated, moves the Stop Loss of Buy and Sell orders to the entry price after a specified number of pips in profit. This is a risk management technique to secure gains.
Trailing Stop: If configured, the EA seems to trail the Stop Loss of active orders. It's a dynamic way to lock in profits as the market moves in your favor.
News Event Trading: The EA is programmed to open BuyStop and SellStop orders shortly before a predefined news event. These orders are strategically placed above and below the current market price, aiming to capture potential volatile price movements triggered by the news.
Order Deletion: Post-news, the EA takes care of cleaning up any pending orders that weren't activated. This helps prevent unnecessary exposure to the market.
It's important to note that the effectiveness of this strategy largely depends on the timing and impact of the news events, as well as the chosen settings for breakeven and trailing stop. These features can help manage risk and maximize profit potential.
In conclusion, this EA offers a specialized approach to news event trading, combining breakeven and trailing stop techniques to manage orders effectively.
AmazingEA-1.0.5.mq4 9.08 kb, 3 downloads since 2023-11-05
Translate to English change▼
Profit posts by forum members!
Why don't many people post their daily winning results?
MT4talk PRO members can Turn off MT4talk daily winning result post requirements for $49.99 / month. More info...
Latest profit posts from the Trade Executor EA users.
By using the MT4talk website, you automatically agree to the Forum Rules & Terms of Use, as well as the terms below.
Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum, as well as the forum administrators.
What is MT4talk?
MT4talk is an online Forex forum with over 5000 Forex robots and over 3000 Forex indicators uploaded by forum members in the last 10 years, available to download from forum posts. The uploaded files do not come with support or any guarantee.
The website does not sell Forex robots and does not provide support for any downloaded Forex robots. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. If you choose to download a Forex robot from the forum, you do so at your own risk.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "Trade Executor EA," which can be downloaded by PRO members, just like any other Forex robot on the forum. This Forex robot is only a bonus and is not included in the original PRO membership.
MT4talk is an informational website and does not guarantee the performance, profitability, or reliability of any Forex robot available for download. Updates for Forex robots may be limited or nonexistent, depending on the creator. If you choose to download any Forex robot or setting file from the forum, you acknowledge that you are using it at your own risk. MT4talk PRO membership is a digital product. Therefore, after you complete the PRO membership purchase, there is no refund available!
We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The website may have links to partner websites, and if you sign up and trade through these links, we will receive a commission. Our affiliate partners are FXOpen, FBS, Plexytrade, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.
