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Optimize Your Trading with Mauro Trailing Forex EA - Boost Profits Now
Unlock the potential of your trading strategy with the Mauro Trailing Expert Advisor (EA), a powerful Forex robot designed to enhance your trading experience. The mauro_trailing.mq4 file extension ensures seamless integration with any broker, providing flexibility for your trading preferences.
This EA employs advanced algorithms to execute trades efficiently, maximizing profits and minimizing risks. Elevate your trading game with Mauro Trailing EA, your trusted companion in the dynamic Forex market.
Experience the benefits of automated trading without ownership claims. This expert advisor is meticulously crafted to deliver consistent results, offering a reliable tool for traders seeking an edge in the financial markets.
Tested on reputable brokers like LQDFX and FXOpen, Mauro Trailing ensures compatibility with a wide range of brokers. Don't miss out on this opportunity to optimize your trades and take your Forex journey to new heights. Download Mauro Trailing EA now and witness the difference in your trading performance!
mauro_trailing.mq4 16.84 kb, 33 downloads since 2015-04-20
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The Mauro_trailing.mq4 Forex EA´s primary strategy involves setting initial stop loss (SL) and take profit (TP) levels and then trailing the stop loss based on certain conditions.
Here's how you can set it up:
Install the EA in the "Experts" folder of your MetaTrader platform.
Open a chart of the currency pair you want to trade.
Drag and drop the EA onto the chart.
In the EA settings, you can adjust parameters such as initial stop loss (StopLoss.Pips), initial take profit (TakeProfit.Pips), trailing stop (Trail.Pips), and other options.
The EA's strategy is to manage your trades by implementing trailing stops based on specific conditions. Here's a simple explanation of its key functionalities:
Initial Stop Loss and Take Profit: You can set the initial stop loss and take profit levels in pips when you open a trade.
Trailing Stop: The EA allows you to set a trailing stop value in pips. If the trade moves in your favor by at least the trailing stop value, the stop loss will be adjusted to lock in some profit.
Move to Break Even: You can enable this option, and if the trade is in profit by a certain number of pips (defined by Move.To.BreakEven.at.pips), the stop loss will be moved to the entry price plus Move.To.BreakEven.Lock.pips, effectively locking in some profit and reducing the risk of loss.
Use ADR for Stop Loss: If enabled, the EA calculates the average daily range (ADR) and sets the stop loss based on a multiplier (tsl.divisor) of the ADR. This can help adjust the stop loss dynamically based on market volatility.
Trail Stop Based on Every xx Pips: You can set the EA to trail the stop loss based on a specified number of pips gained (Move.Trail.Every.xx.Pips). This means that for every specified number of pips of profit, the stop loss will be adjusted.
Combine the EA with a well-defined trading strategy to achieve consistent results.
mauro_trailing.mq4 16.84 kb, file has never been downloaded.
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