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GoldWarrior02b Forex EA - Proven Expert Advisor for Consistent Results
Unlock the full potential of your trading strategy with GoldWarrior02b.mq4, a reliable Forex Robot that delivers consistent performance. This Expert Advisor (EA) has undergone rigorous testing on popular brokers like LQDFX and FXOpen, ensuring compatibility across various platforms.
GoldWarrior02b.mq4 is designed to optimize your trading experience, offering a seamless blend of precision and efficiency. Elevate your trading game with this powerful Forex EA, crafted to navigate the complexities of the market.
Enhance your trading portfolio with the GoldWarrior02b.mq4 Expert Advisor, a trusted tool that adapts to market conditions and maximizes profit potential. Experience the benefits of automated trading without the need for constant monitoring.
Download GoldWarrior02b.mq4 now to witness the difference in your trading performance. This Forex Robot is not just an EA; it's a strategic ally in your journey towards financial success.
goldwarrior02b.mq4 11.58 kb, 56 downloads since 2015-04-22
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Goldwarrior02b.mq4 Forex EA
The EA uses a combination of technical indicators, including ZigZag, Commodity Channel Index (CCI), and impulse values, to make trading decisions. It attempts to identify buy and sell signals based on the market conditions and indicators' values.
How It Works:
The EA uses several technical indicators like ZigZag, CCI, and impulse values to analyze the market.
Signal Generation:
The EA generates a buy signal when the ZigZag indicator shows a bullish trend (upward movement) and the CCI indicator indicates oversold conditions, along with positive impulse values.
The EA generates a sell signal when the ZigZag indicator shows a bearish trend (downward movement) and the CCI indicator indicates overbought conditions, along with negative impulse values.
Position Management:
The EA can add to positions or open hedge orders based on certain criteria, such as profit levels, CCI values, and impulse values.
It can add to positions when profits exceed a specified threshold.
It can also open hedge orders to mitigate risk when specific conditions are met.
Risk Management:
The EA allows you to set parameters like lot size, stop loss, and take profit to manage risk.
Setting up the EA: To set up the EA, you need to attach it to a chart in the MetaTrader 4 (MT4) trading platform. You can customize the EA's parameters using the following settings:
Lots: The trading lot size.
StopLoss: The stop-loss level in pips.
TakeProfit: The take-profit level in pips.
TrailingStop: Trailing stop value (set to 0 in the provided code).
ZN, ZM, per, d, depth, deviation, backstep, mgod, porog, test, imps, impb, k1, and k2: These are various parameters that you can adjust based on your trading strategy and risk tolerance.
goldwarrior02b.mq4 11.58 kb, 4 downloads since 2023-11-08
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