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EA Adjustment: Adapting for 6-Pip Spread
I habve a A highly profitable Ea - expert for MetaTrader 4 but it works only with 2 pipet. I can not use it with my broker. my broker espred i min 6 pipet.
who can Change it.
Forex_Hacked_Pro.rar 47.96 kb, 59 downloads since 2016-12-02
Unlock Your Forex Potential with Forex Hacked Pro!
https://mt4talk.com/viewtopic.php?pid=30986#p30986
Forex Hacked Pro operates on a grid-based trading strategy. Imagine a grid of trades with buy and sell orders at different price levels. As the market moves, it opens new orders in a way that aims to capitalize on price fluctuations.
Here's a simplified step-by-step:
1. When you start, the EA places initial buy and sell orders at a set distance from each other. These orders are like anchors for the grid.
2. As the market moves, Forex Hacked Pro opens additional trades above and below these anchor orders. This continues as long as the market moves within a predefined range.
3. When a certain level of profit is reached, the EA closes some or all of the trades, locking in gains.
4. To mitigate potential losses, stop loss and take profit levels are set for each trade, so you're not left hanging if the market takes an unexpected turn.
5. The EA adjusts the size of each trade based on your account balance. As your account grows, it can trade larger lots, potentially increasing profits.
Adjustable Parameters:
Currency Pairs: The forex pairs you choose to trade. Optimal pairs include EUR/USD, GBP/USD, USD/JPY, and USD/CHF for liquidity and lower spreads.
Timeframe: The chart timeframe you want the EA to operate on (e.g., 1-hour, 15-minutes, 4-hours).
Lot Size: Determines how much money you put into each trade. Start small with 0.01 lots and increase as you gain experience.
Stop Loss and Take Profit: These are safety nets. Set your stop loss to limit potential losses (30-50 pips) and your take profit to lock in gains (20-30 pips).
Risk Management: This controls the maximum Array, helping you manage risk. Set it at 10-20% of your account balance.
Trading Hours: Choose the hours when you want the EA to trade. It's more effective during the Asian and European sessions.
Broker Compatibility: Ensure you use a broker with low spreads, fast execution, and solid regulation.
Effective Strategy:
For a winning strategy with Forex Hacked Pro, consider these settings:
Currency Pair: EUR/USD
Minimum Balance: $1,000
Timeframe: 1-hour
This combination tends to work well, but don't hesitate to explore other pairs and timeframes to find what suits your trading style best.
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