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Barfly1.1 Expert Advisor - Powerful Forex Robot for Automated Trading
Unlock the full potential of your trading strategy with the Barfly1.1.mq4 Expert Advisor (EA). This Forex Robot is designed to optimize your trading experience, offering advanced automation and precise execution. Tested on LQDFX and FXOpen, it seamlessly adapts to any broker, ensuring flexibility in your trading choices.
Enhance your trading with the Barfly1.1 EA, a reliable and efficient tool for navigating the dynamic Forex market. Elevate your strategies, boost trading accuracy, and achieve your financial goals effortlessly. Download the Barfly1.1.mq4 file now and experience the future of automated trading.
barfly1.1.mq4 10.61 kb, 39 downloads since 2015-04-28
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Ready to Supercharge Your Trading with BarFly1.1 EA?
BarFly1.1 EA uses price action to make trading decisions. It relies on candlestick patterns to determine when to buy or sell.
How BarFly1.1 EA Works:
BarFly1.1 EA constantly monitors the market.
When it spots a specific candlestick pattern, it triggers a trade.
The EA opens a position (either buy or sell) based on the pattern.
It sets a stop loss and monitors the trade.
Getting Started with BarFly1.1 EA:
Download the BarFly1.1.mq4 file. Go to the provided link and download the file.
Install it in MT4: Open MT4 and go to 'File' > 'Open Data Folder.'
Navigate to the 'MQL4' folder and paste the BarFly1.1.mq4 file into the 'Experts' folder.
Restart MT4.
Adjust Parameters:
Here are the adjustable parameters with suggested settings:
Lot Size: 1.0 (you can change this according to your risk tolerance)
Max Lots: 2.0 (maximum allowed lot size)
Account Factor: 17% (percentage of account value)
Fly Factor: 3 (a factor for trade exit conditions)
Capture Pips: 100 (the number of pips to capture before closing a trade)
Currency Pair: Any
Minimal Balance: Varies based on your risk tolerance
Time Frame: Any
Winning Strategy Settings:
BarFly1.1 EA identifies candlestick patterns that suggest a potential trend reversal.
It opens a trade when these patterns occur, either buying or selling.
The trade is managed with a stop loss and conditions to exit based on the Fly Factor and Capture Pips.
BarFly1.1 EA automates your trading by recognizing specific candlestick patterns and executing trades accordingly. It's a hands-free approach to forex trading, making it accessible to traders of all levels.
barfly1.1.mq4 10.61 kb, 5 downloads since 2023-11-19
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