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ZigZag For Long Term
This Robot has been generated using Molanis Strategy Builder ..This is not Promotion 
This Robot uses the default zigzag indicator from MetaTrader with a few changes (ExtDepth = 150, ExtDeviation = 5, and ExtBackStep = 3 )
This Robot is very good FOR LONG TERM not for Short Term (Next Time I will Upload EA Zigzag for Short Time (Scalping)) God Willing
If you are a "Day Trader" or "Scalper" is not suitable to use. This Robot uses 5000 pips durability of your money and uses the "Percentage of Risk" 20%
for Example : your balance $ 1000 = 0,2 lot, balance $ 500 = 0,1 lot, Use Trailing Stop = 50, Maximum Order = 10. Use M15 for the Best Result
Zig_dan_Zag_Danu_Ultimate_Investment_Long_Term.mq4 88.95 kb, 39 downloads since 2014-09-29
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Hello, fellow forex traders! I'd like to describe you the Zig dan Zag Ultimate Investment EA, a custom indicator-based robot designed for trading in the foreign exchange market. It uses a combination of technical indicators, particularly the Zig Zag indicator, to find potential trading opportunities. What's great about this robot is its flexibility – you can adjust its settings to match your trading style and risk tolerance.
Here's how the Zig dan Zag Ultimate Investment EA works:
Zig Zag Indicator: The EA calculates the Zig Zag indicator for the currency pair you're trading.
Buy and Sell Signals: It looks for buy signals when the Zig Zag indicator crosses above a support level and sell signals when it crosses below a resistance level.
Risk Management: The robot is equipped with take profit and stop loss levels to protect your trades.
Martingale System: This EA employs a martingale system. In simple terms, if a trade ends in a loss, the EA will place another trade with a larger lot size.
Key Features:
Customization: You can tailor the EA to your specific trading style and risk tolerance.
Risk Management: The martingale system can help reduce losses.
User-Friendly: Even if you're new to forex trading, this robot is easy to understand and use.
However, it's important to be aware of some potential downsides:
Risk: The martingale system can lead to substantial losses if the market moves against you.
Profit Generation: The EA may not generate profits quickly, as it often waits for the Zig Zag indicator to confirm a trade.
Before using the Zig dan Zag Ultimate Investment EA, here are a few tips:
Backtest on Demo: Before going live, test the EA on a demo account. This helps you find the best settings for your style and risk tolerance.
Start Small: Begin with a small lot size to minimize potential losses as you get used to the EA's performance.
Monitor Actively: Keep a close eye on your trades and be ready to manually intervene if necessary.
Martingale Caution: Use the martingale system carefully, as it can lead to significant losses if the market goes against you.
Zig_dan_Zag_Danu_Ultimate_Investment_Long_Term.mq4 88.95 kb, 8 downloads since 2023-11-05
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