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hi want to know about this ea basic on what logic.. how does it work thank you for posting your system.
Sorry for my bad English.I personally love Renko's why I've allowed your system a biting line with Renko.
All on a simulator back tested and the results are not bad.
I'll try the whole test and still live here to post my experiences.
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About Sea_Dragon2_v1
It uses a combination of technical indicators and price movements to make trading decisions.
Here's a breakdown:
The EA identifies entry and exit points based on market conditions. It waits for favorable setups before entering a trade and aims to close positions when profits reach a predefined level.
The EA includes stop loss (SL) and take profit (TP) parameters to manage risk effectively. SL limits potential losses, while TP locks in profits, helping you maintain a healthy risk-to-reward ratio.
It uses a trailing stop feature to lock in profits as the trade moves in your favor, allowing you to maximize gains while minimizing losses.
Adjustable Parameters:
lot: This parameter allows you to set the size of your trading position (lot size), which determines the amount of currency you're trading with.
sl: You can set your stop loss level (SL) to define the maximum loss you're willing to tolerate for each trade.
maxsl: This parameter sets the maximum allowed stop loss to avoid excessive risk.
tp: Set your take profit level (TP) to lock in profits when the trade moves in your favor.
tp_2: Fine-tune the take profit level for a more precise exit strategy.
weishu: Adjust the decimal precision to match the currency pair you're trading.
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Latest profit posts from the Trade Executor EA users.
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