Optimize Profits with Bogie Hedgehog V3D Forex EA

Unlock trading potential with our expert advisor, bogie-hedgehog-v3d.mq4. This Forex robot is designed to optimize your trading experience on renowned brokers LQDFX and FXOpen. Experience the efficiency of automated trading with this advanced Forex EA. Maximize profits and minimize risks effortlessly. Elevate your trading strategy with bogie-hedgehog-v3d.mq4 - your key to successful trading.

Introducing the Bogie-HedgeHog-v3d EA with setting.

The strategy employed by this EA is based on trading signals generated by moving averages (MAs) and specific price levels. It can open both buy and sell orders based on market conditions. The EA also includes features for managing the risk and lot sizes of trades.

How the EA Works:

Signal Generation: The EA uses two moving averages, MaCurrent and MaPrevious, calculated on the daily (D1) chart. When MaCurrent crosses above MaPrevious, it generates a BUY signal, and when MaCurrent crosses below MaPrevious, it generates a SELL signal.

Opening Orders: When a signal is generated, the EA can open market orders based on the current market price.

Lot Size: The EA allows you to set the lot size for the initial trade (Lots parameter) and provides options for money management. You can enable or disable money management (mm parameter). If money management is enabled, the EA calculates lot sizes based on your risk percentage (risk parameter) and your account balance. You can also choose between normal lots, mini lots, or micro lots (AccountType parameter).

Stop Loss and Take Profit: You can set stop loss (StopLoss parameter) and take profit (TakeProfit parameter) levels for your trades. The EA will adjust these levels based on market conditions and the lot size.

Trailing Stop: The EA offers a trailing stop feature (TrailingStop parameter) that allows you to lock in profits as the trade moves in your favor.

Magic Number: Each order placed by the EA is assigned a unique identifier called a Magic Number (MagicNumber parameter). This helps you keep track of orders placed by this EA.

Setting up the EA:

To set up the EA, you need to attach it to a chart in your MetaTrader platform.
You can adjust the parameters in the input settings to configure your trading preferences:

GMTOffset: Set your broker's GMT offset.
DaysOpen: Specify the number of days the EA will keep trades open.
StopLoss2: Set a limit for closing all trades when exceeded.
Step: Define the percent price change to execute trades.
BarPeriod: Choose the period for determining new bar starts.
MATrendPeriod: Set the period for the daily moving average.
MA_Mode: Select the moving average calculation mode (SMA, EMA, SMMA, LWMA).
MA_Price: Choose the price used for the moving average calculation.
Lots: Set the initial lot size.
Multiply: Factor to increase lot size for additional trades.
MaxTrades: Maximum number of orders to open.
TrailingStop: Specify the pips to trail the stop loss.
MM: Enable or disable money management.
Risk: Set the risk percentage for calculating lot sizes.
AccountType: Choose between normal lots, mini lots, or micro lots.
BrokerIsIBFX: Set to true if your broker is similar to IBFX.
MagicNumber: Assign a unique magic number for the EA's orders.
RecordData: Enable to record trade open time and MaxDD when using Strategy Tester.

Suggested setting on the EUR/USD currency pair and the H1 (1-hour) time frame with a minimum deposit of $1,000:

GMT Offset: 2 Days
Open: 9
Stop Loss 2: 275
Step: 0.23
Bar Period: H1 (1-hour)
MA Trend Period: 4 MA Mode: 0 (SMA)
MA Price: 0 (Close)
Lots: 0.01
Multiply: 2.0
Max Trades: 4
Stop Loss: 454
Trailing Stop: 59
Money Management (MM): Enabled
Risk: 10%
Account Type: Micro Lots (2)
Broker Type: Standard
Magic Number: 12345
Record Data: False
Backtest Spread: 3

These settings are provided as a starting point, and you should test them carefully on a demo account to make it work better for your own trading style and how much risk you're comfortable with.

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