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High-Performance Forex EA - 10points_3-2.mq4
Experience the power of an exceptional Expert Advisor (EA) with 10points_3-2.mq4. This Forex Robot is designed for optimal trading efficiency, delivering consistent results across various brokers, including LQDFX and FXOpen. Unlock the potential of automated trading with this advanced EA, meticulously crafted for the dynamic Forex market. Enhance your trading strategy today with 10points_3-2.mq4 - your key to maximizing profits in the world of Forex.
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Thanks for sharing. What is the strategy of this ea? 10 pips daily? which currencies and Timeframe?
Are gennate settings which can be used. I also need the file mq4 with the indicators.
Here's a quick rundown of the 10points 3-2.mq4 EA
https://mt4talk.com/viewtopic.php?pid=17335#p17335
The EA opens and manages trades on the MetaTrader 4 platform.
It uses various parameters to determine when to open and close trades.
You can customize these parameters to suit your trading preferences.
Adjustable Parameters:
TakeProfit: Set your desired take profit in pips.
Lots: Choose your trading lot size.
InitialStop: Set an initial stop loss in pips (0 for none).
TrailingStop: Enable trailing stop and set it in pips (0 for none).
MaxLoss: Set the maximum allowable loss.
MaxTrades: Limit the number of open trades.
Pips: Determine the minimum price change to trigger a trade.
SecureProfit: Specify a profit level to secure gains.
AccountProtection: Enable or disable account protection.
OrderstoProtect: Set the number of open orders to trigger protection.
ReverseCondition: Choose whether to reverse trading conditions.
EURUSDPipValue: Customize the pip value for EURUSD.
GBPUSDPipValue: Customize the pip value for GBPUSD.
USDCHFPipValue: Customize the pip value for USDCHF.
USDJPYPipValue: Customize the pip value for USDJPY.
StartYear/StartMonth/EndYear/EndMonth: Define the trading period.
EndHour/EndMinute: Set the end trading time.
mm: Enable money management (0 for off, 1 for on).
risk: Specify risk percentage for money management (12% by default).
AccountisNormal: Choose between normal and mini accounts (0 for mini).
In my opinion this EA tends to perform well in ranging markets rather than strongly trending ones. So, when you see price movements that are more sideways and less volatile, it's an excellent time to consider using it.
One of the strengths of this EA is its money management feature. To maximize its potential, make sure you have a well-defined risk tolerance. If you're comfortable with a moderate level of risk, it can help you capture profits while protecting your account from big losses.
Tailor the lot size to your account balance and risk appetite. If you're new to trading or prefer a cautious approach, start with smaller lot sizes. Conversely, if you're an experienced trader and can handle more risk, you can increase the lot size accordingly.
This EA doesn't depend on a specific time frame, so it's versatile. You can use it on various time frames. Consider experimenting with different time frames to see which one is best for you.
While the EA can automate many tasks, you still have to keep an eye on your trades.
While the EA suggests EURUSD as an optimal currency pair, you can explore other pairs. Keep in mind that different pairs have varying levels of volatility and behavior.
Enable the account protection feature if you want an extra layer of security. It can help prevent excessive losses during unfavorable market conditions.
Are gennate settings which can be used. I also need the file mq4 with the indicators.
Geibi Bro You can use the EA with the provided settings, and it doesn't require additional indicators to work properly. Customize it to your preferences. If you have specific indicators you want to use, add them separately to MetaTrader 4.
Thanks for sharing. What is the strategy of this ea? 10 pips daily? which currencies and Timeframe?
Mustafa.D! The EA is versatile, adapting to different market conditions. Customize settings like take profit, stop loss, and lot size to match your preferences. While it suggests EURUSD, you can try other pairs. It's flexible with timeframes, so choose what suits your strategy. Success lies in customization and testing for your unique style.
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