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About ComFracti_v2 EA
https://mt4talk.com/viewtopic.php?pid=2245#p2245
ComFracti EA is capitalizing on trends and market momentum. It looks for specific patterns in price movements and uses indicators like RSI and SAR to determine when it's the perfect time to buy or sell. It's designed to work with various currency pairs and can be tailored to your preferences.
How this EA Works:
ComFracti keeps a keen eye on fractal patterns in the market. When it spots a pattern, it assesses the RSI indicator to gauge the market sentiment.
If the stars align, and it's a good time to buy, ComFracti opens a long position. On the flip side, if it's better to sell, it goes short.
It uses a trailing stop to protect your profits and minimize potential losses.
ComFracti can also close trades quickly if certain conditions are met, preventing you from holding on to losing positions for too long.
Adjustable Parameters:
ComFracti is pretty customizable. You can tweak its settings to match your preferences and risk tolerance.
Magic Number (mn): Think of this as a unique ID for ComFracti's trades. It helps you keep track of its actions.
Take Profit (tp) and Stop Loss (sl): You can set how much profit you want before it takes a profit (TP), and how much you're willing to lose before it stops the trade (SL).
Trailing Stop (TrailingStop): This is a feature that lets you lock in profits as the trade goes in your favor. ComFracti moves the stop loss closer to the current price to protect your gains.
Lot Size (lots): This determines how much of a currency pair you buy or sell. You can set this based on how much you want to risk per trade.
Money Management (MM) and Risk (Risk): These settings help you control how much you're willing to risk on each trade. MM lets you use a fixed lot size, while Risk calculates it based on a percentage of your account balance.
Lot Size Multiplier (multilot): If you're feeling adventurous, you can increase your lot size for consecutive losing trades to recover faster.
Close by Opposite Signal (closeby): If you want to play it safe, you can set ComFracti to close a trade when it gets a signal in the opposite direction.
Fractal Settings (sh2, sh3, sh4, sh5): These settings determine the patterns it looks for in the market.
RSI Period (per_rsi): RSI helps ComFracti understand market sentiment. This parameter sets how far back it looks to calculate RSI.
SAR Filters (sars1, sars2): These are filters that help ComFracti make better decisions. They work together with the SAR indicator.
So, why should you consider ComFracti EA?
Well, it simplifies trading by using a clear strategy, and you can adjust it to match your style. Plus, it's user-friendly and doesn't require you to be a pro trader.
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