How is the closing of the transaction and did not understend what is possible by reading the answers to the forums but Ifind it is like an owl

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Hi guys!

Error codding, its nothing changed on my mt4 platform chart, cheers.

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Thank you for sharing this EA, i will test in demo account first.

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can somebody post myfxbook results and the used settings? would be really nice

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I only want to trade on one pair, is it save to use this EA on live account?

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About keltner_channels.mq4 indicator:

https://mt4talk.com/viewtopic.php?pid=141#p141

The Keltner Channel identifies potential support and resistance levels using a straightforward approach. It uses the Keltner Channel indicator, which consists of three lines: the upper (Red), middle (Blue), and lower (Red) lines.
The middle line represents the average price over a specified period (default is 10).
The upper and lower lines are calculated based on the average price and price volatility, which is determined by finding the average range of price movements.
When the price approaches the upper line, it may indicate a potential overbought condition, suggesting a sell trade opportunity.
Conversely, when the price nears the lower line, it may indicate a potential oversold condition, signaling a buy trade opportunity.

Adjustable Parameters:

Period: This parameter determines the look-back period for calculating the Keltner Channel. You can adjust it to your liking, depending on your trading preferences. A shorter period may react quickly to price changes, while a longer period provides smoother, less frequent signals.

Effective Strategy:

The Keltner Channel EA can be particularly effective for a swing trading strategy. Swing traders look to capitalize on short to medium-term price movements, and this EA's signals align well with that approach.
For an optimal swing trading strategy, consider the following settings:Currency Pair: EUR/USD or GBP/USD
Minimal Balance: $1,000 - $5,000
Time Frame: 4-Hour (H4) or Daily (D1)
These settings provide a balanced approach to trading, with a focus on medium-term trends.

Why These Settings:

Currency Pair: EUR/USD and GBP/USD are popular and liquid pairs, making them suitable for swing trading.
Minimal Balance: A balance of $1,000 - $5,000 allows for a reasonable risk management strategy while still having the flexibility to take advantage of trading opportunities.
Time Frame: The 4-hour (H4) and daily (D1) time frames provide a good balance between capturing trends and avoiding excessive noise in the market.

The Keltner Channel EA is your ally for swing trading in the Forex market. It helps you identify potential entry and exit points using a simple yet effective strategy. Just adjust the look-back period to fit your trading style.
Remember, this is an indicator, not a full-fledged trading EA. Use it in conjunction with your trading strategy to enhance your decision-making process.

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Forex Trading with "xLiquidex_v2_mod1 EA

https://mt4talk.com/viewtopic.php?pid=143#p143

The core strategy of xLiquidex_v2_mod1 EA revolves around executing buy and sell orders. It relies on specific trading conditions to make these decisions which are based on a combination of technical indicators.

One notable feature of this EA is its emphasis on risk management, which is crucial in forex trading. It employs Stop Loss and Take Profit values to mitigate potential losses and secure profits. These values can be customized according to your risk tolerance and trading strategy.

Additionally, xLiquidex_v2_mod1 offers a visual aid by color-coding buy and sell orders. This feature can make it easier to track your trading activity on the chart and assess the effectiveness of your decisions.

Adjustable Parameters:

Equity Protection: This parameter allows you to safeguard a certain percentage of your trading account's equity. Setting it at 75% means that the EA will work to protect 75% of your account balance. It's a crucial risk management tool to prevent significant losses.
Stop Loss: The Stop Loss parameter determines the point at which a trade will be automatically closed to limit potential losses. It's usually set in pips, and you can adjust it based on your risk tolerance. A typical range might be 20-30 pips.
Take Profit: Take Profit, also measured in pips, specifies the point at which a trade will be closed to secure a profit. It's essential for locking in gains while allowing some flexibility for price movements. A range of 10-20 pips is often used.
Trading Hours: The "Hours trading" can configure the EA to trade during specific hours of the day.

Now, let's get you started:

Download the mq4 file for "xLiquidex_v2_mod1."
Install it on your MetaTrader 4 platform.
Adjust the parameters as follows:

Equity Protection: 75%
Stop Loss: 20-30 pips
Take Profit: 10-20 pips

Winning Strategy: Currency Pair: EUR/USD Minimal Balance: $1,000 Time Frame: 1-hour chart

Why these settings? They strike a balance between risk and reward, but remember, tweak them based on your comfort zone and the market vibe. And, before going live, practice in a demo account.

xLiquidex_v2_mod1 EA keeps your money safe while aiming for steady profits.

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