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raselpro
raselpro
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Bouncing Pip EA v41: Top Forex Robot for LQDFX and FXOpen

Unlock trading success with the Bouncing Pipe EA v41, a powerful Expert Advisor (EA) designed for optimal performance on LQDFX and FXOpen. Elevate your Forex game with this advanced Forex Robot, meticulously crafted for precision and profitability. Download the "Bouncingpipea_mpowerv41.mq4" file now to experience automated trading excellence. Maximize your potential in the dynamic Forex market - try the Bouncing Pip EA v41 today!

bouncingpipea_mpowerv41.mq4 33.62 kb, 40 downloads since 2015-04-23 
IngridN (MT4talk Staff)
IngridN (MT4talk Staff)
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Bouncing Pip EA v41 the Bouncing Pip Wizard: Adaptive, Multifaceted Trading!

The Bouncing Pip EA leverages a blend of technical indicators to pinpoint trading opportunities. It integrates the Stochastic Oscillator, Heiken Ashi, CCI, and NonLagDot indicators, among others, for entry confirmation. It employs a dynamic exit strategy based on ZigZag patterns and other indicator-based criteria.

Functionality:

Signals are generated when specific conditions are met, such as the alignment of ZigZag and NonLagZigZag indicators, followed by a Stochastic crossover.
Multiple filters, including Heiken Ashi and CCI, are employed for entry confirmation.
The EA implements a trailing stop-loss mechanism and offers adjustable take-profit levels.
It supports money management features, with dynamic lot sizing based on account equity.

Setup Guidance:

Install the EA in the MT4 platform.
Load the EA onto the desired chart.
Adjust the parameters as needed, ensuring compatibility with your trading strategy and risk tolerance.

Adjustable Parameters:

MagicID: Unique identifier for EA trades.
Lots: Fixed lot size for trading.
MM_Method: Money management method selection.
Risk: Risk percentage for dynamic lot sizing.
StopLossMethod: Method for calculating stop loss.
TakeProfit: Take profit level in pips.
ExtDepth, ExtDeviation, ExtBackstep: ZigZag indicator settings.
Length, PctFilter: NonLagZigZag settings.
useStoch, useCCI, etc.: Indicator usage toggles.
K_Period, D_Period, Slowing: Stochastic Oscillator settings.
CCI_Period: CCI indicator period.
Trigger: Trigger level for PriceChannelStop.

Optimal Settings:

Pair: EUR/USD
Timeframe: 1H
Minimum budget: $1000
MagicID: 12345
MM_Method: 2 (NIX version)
Risk: 2%
StopLoss: 30 pips
TakeProfit: 0 (exit at signal)
ExtDepth: 100, ExtDeviation: 75, ExtBackstep: 15
useStoch: 1, K_Period: 14, D_Period: 3, Slowing: 3
useCCI: 1, CCI_Period: 34

Parameter Insights:

MagicID ensures unique identification of trades by this EA, avoiding interference with other EAs.
MM_Method and Risk manage trade size based on account equity and risk appetite.
StopLoss and TakeProfit define the limits for loss and gain.
Indicator-specific parameters like K_Period, D_Period, Slowing, and CCI_Period tune the EA to market volatility and trend characteristics.

bouncingpipea_mpowerv41.mq4 33.62 kb, 14 downloads since 2023-11-13 
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