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VisualTrader SELLScript Expert Advisor for Profitable Forex Trading
There are three EA as added and trader can use them for Trading purpose and trader can use sell script for placing sell order and buy script for place buy order.
VisualTrader-BUYScript.mq4 1.21 kb, 18 downloads since 2014-10-02
VisualTrader-SELLScript.mq4 1.21 kb, 24 downloads since 2014-10-02
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There are three EA as added and trader can use them for Trading purpose and trader can use sell script for placing sell order and buy script for place buy order.:???
VisualTrader-BUYScript, your new trading buddy!
This EA is all about buying and making those sweet profits in the forex market.
How this EA works:
VisualTrader-BUYScript is designed to place buy orders when specific conditions are met. It calculates the lot size, stop loss (SL), and take profit (TP) levels for each trade.
Here's how to get started:
Download the mq4 file.
Open your MetaTrader 4 (MT4) platform.
Go to 'File' > 'Open Data Folder.'
Navigate to 'MQL4' > 'Scripts' and paste the file there.
Restart MT4.
Now, find VisualTrader-BUYScript in the 'Scripts' section of the 'Navigator' panel.
Drag it onto your trading chart.
Adjustable parameters:
Lot: The amount you want to trade (0.1 is a good start).
SL: Your stop loss in pips (try 20).
TP: Your take profit in pips (aim for 40).
Winning strategy settings:
Currency pair: EUR/USD works well.
Timeframe: 1-hour chart (H1) usually suits this strategy.
Minimal balance: Start with $1000.
Lot size: 0.1.
SL: 20 pips.
TP: 40 pips.
So, VisualTrader-BUYScript is your buy-side assistant. It looks for opportunities, calculates risk, and helps you make money in the exciting world of forex trading.
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VisualTrader-SELLScript, the sibling of our buying buddy!
This EA is all about selling in the forex market to score some profits.
How this EA works:
VisualTrader-SELLScript is designed to place sell orders when specific conditions are met. It calculates the lot size, stop loss (SL), and take profit (TP) levels for each trade.
Here's how to get started with this selling EA:
Download the mq4 file.
Open your MetaTrader 4 (MT4) platform.
Go to 'File' > 'Open Data Folder.'
Navigate to 'MQL4' > 'Scripts' and paste the file there.
Restart MT4.
Now, find VisualTrader-SELLScript in the 'Scripts' section of the 'Navigator' panel.
Drag it onto your trading chart.
Adjustable parameters:Lot:
The amount you want to trade (0.1 is a good start).
SL: Your stop loss in pips (try 20).
TP: Your take profit in pips (aim for 40).
Winning strategy settings:
Currency pair: EUR/USD works well.
Timeframe: 1-hour chart (H1) usually suits this strategy.
Minimal balance: Start with $1000.
Lot size: 0.1.
SL: 20 pips.
TP: 40 pips.
So, VisualTrader-SELLScript is your sell-side partner. It scans for opportunities, calculates risk, and helps you make money by selling in the exciting world of forex trading.
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Now, can we use them both together?
Certainly, you can use VisualTrader-BUYScript and VisualTrader-SELLScript together to create a more comprehensive trading strategy. Here's how you can do it:
VisualTrader-BUYScript focuses on identifying buying opportunities.
VisualTrader-SELLScript is geared toward identifying selling opportunities.
Using Both EAs Together:
To use both EAs simultaneously, you can attach VisualTrader-BUYScript to one chart and VisualTrader-SELLScript to another.
Make sure you have a clear plan for managing your trades when both EAs are active. For instance, you might want to set specific criteria for opening trades with one EA while the other is active.
Optimal Settings:
You can use the same currency pair, timeframe, and minimal balance settings for both EAs.
However, you might want to adjust the lot size, stop loss, and take profit parameters for each EA to balance your risk.
Risk Management:
It's essential to have a clear risk management strategy when using multiple EAs. You can set maximum risk exposure limits and adjust the lot sizes accordingly.
Monitoring:
Keep a close eye on your trades when using multiple EAs to ensure they don't interfere with each other or overtrade.
Testing:
Before using both EAs in a live trading environment, consider running them on a demo account to see how they perform together.
By using VisualTrader-BUYScript and VisualTrader-SELLScript together, you can create a balanced approach to trading the forex market. This allows you to capture both buying and selling opportunities and potentially enhance your overall trading strategy. Remember to manage your risk and monitor your trades carefully to achieve the best results. Happy trading!
VisualTrader-SELLScript.mq4 1.21 kb, file has never been downloaded.
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