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1sr.mq4 - High-Performing Forex Expert Advisor for Optimal Results
Enhance your trading experience with 1sr.mq4, a powerful Forex Expert Advisor designed to optimize your trading strategy. This EA, also known as a Forex Robot, boasts impressive performance across various brokerages, including LQDFX and FXOpen, ensuring compatibility with any broker of your choice.
Unlock the potential of automated trading with 1sr.mq4, a reliable and efficient solution for your Forex endeavors. Elevate your trading game and explore the benefits of this Expert Advisor today.
1sr.mq4 9.13 kb, 42 downloads since 2015-04-30
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About 1sr.mq4
https://mt4talk.com/viewtopic.php?pid=17332#p17332
This EA works by identifying support and resistance levels on a 1-minute chart and placing buy and sell orders when the price breaks through these levels.
It analyzes the 1-minute chart for support and resistance levels.
When it finds a potential trading opportunity, it places buy or sell orders with predefined stop-loss and take-profit levels.
The EA also adjusts the stop-loss and take-profit levels as the price moves in your favor to lock in profits.
It can manage multiple open trades simultaneously, keeping track of your positions.
The EA provides a visual representation of support and resistance levels on your chart.
Adjust the EA settings as needed:
ChartPeriod: The chart timeframe for analysis (1 minute in this case).
MaximumRisk: The maximum risk per trade as a percentage of your account balance.
DecreaseFactor: Adjusts lot size based on consecutive losses.
Lot.Margin: Determines lot size based on free margin.
Max.Trendlines: Maximum number of support and resistance lines.
Magic: A unique identifier for the EA's orders.
This EA loves wild market swings. Stick to the 1-minute chart for quick, in-the-moment trades. Major currency pairs like EUR/USD are its jam due to better predictability. Keep a close eye on risk with "MaximumRisk." Stay updated on news, tweak settings, and demo test. And most importantly, stay cool and collected - emotional discipline is the name of the game!
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