Moutekistop.mq4 - Advanced Forex Expert Advisor for Enhanced Trading

Discover the power of Moutekistop.mq4, a cutting-edge Forex robot designed to optimize your trading experience. This expert advisor (EA) is meticulously crafted to navigate the dynamic Forex market, providing you with a strategic advantage. Tested on popular platforms like LQDFX and FXOpen, this EA is adaptable to any broker environment. Elevate your trading with Moutekistop.mq4 - your key to automated success in the world of Forex trading.

This is common.

I try to tell as many traders as I can to be patient.

If you are not patient, you probably shouldn’t be trading as a hobby!

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I've had some positive experiences with it. It's a great tool, and I've personally used it for a while now.
In terms of performance, I've tried it with Fxpro, and the results have been promising. It's definitely worth giving it a shot. The simplicity and user-friendliness of the moutekistop EA make it a great choice, especially for those starting out in the forex world. I would recommend it, considering my positive experience.

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Mouteki Stop Expert Advisor!

The Mouteki Stop Expert Advisor simplifies the process of managing your trades, especially during breakouts. It automates the setting of StopLoss levels and helps you protect your profits, allowing you to concentrate on identifying profitable trading opportunities.

The first step in this strategy is to identify a potential breakout in the forex market.
A breakout occurs when the price of a currency pair moves significantly beyond a key level of support or resistance.
Traders typically use technical analysis tools or indicators to spot potential breakouts.
Once a breakout is identified, you, as the trader, set your TakeProfit level. This is the price level at which you want to take your profits if the trade goes in your favor.
The TakeProfit level is crucial as it determines your potential profit in the trade.
This is where the Mouteki Stop Expert Advisor comes into play.
If you have a manually set order in your trading account with a TakeProfit level, the EA starts working.
It checks if a StopLoss is already set for the trade. If not, it proceeds to set a StopLoss based on certain rules.
If the EA determines that a StopLoss needs to be set, it calculates the StopLoss level.
The calculation takes into account the difference between the opening price of the trade and the TakeProfit level.
The EA applies predefined rules, such as the Limit, SLRulePreLimit, and SLRulePostLimit parameters, to calculate the StopLoss level.
The StopLoss is set to protect your trade from excessive losses in case the market moves against you.
As the trade progresses, the EA constantly monitors its performance.
If the trade moves in your favor and reaches a predefined profit level (BEInit), the EA will adjust the StopLoss to a break-even point (the entry price plus a specified number of pips, BEPlus).
This means that if the trade then reverses and starts moving against you, you won't incur any losses, as your StopLoss is at the break-even point.
With the Mouteki Stop Expert Advisor managing the StopLoss, you can focus on monitoring the trade for further developments.
You can adjust your TakeProfit level as the market continues to move, locking in more profits as necessary.
The EA ensures that your trade is protected and that you have the opportunity to maximize your gains.

To get started, follow these steps:

Download the mq4 file.
Place it in your MetaTrader 4 "experts" folder.
Attach it to the chart where you want it to work.

Customize the EA by adjusting these parameters:

Limit: 90
SLRulePreLimit: 0.5
SLRulePostLimit: 0.333
BEInit: 40
BEPlus: 10
MagicNumber: 0
EAComment: ""

Currency Pair: Any
Minimal Balance: $1000
Time Frame: 1-Hour
(You can experiment with different currency pairs and time frames for diversification)

Here's how you can use these settings to maximize your success:

When you identify a breakout, set your TakeProfit level.
Let the Mouteki Stop Expert manage your trade.
If you're in profit by 40 pips or more, it'll move your StopLoss to break even plus 10 pips.
Keep an eye on your trades and adjust your TakeProfit as needed.

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