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blessing 2 v4.8 Forex EA - Proven Results, Reliable Performance
Discover the power of the Blessing 2 v4.8.mq4 Expert Advisor, a top-performing Forex Robot designed for consistent gains. This EA has been extensively tested on brokers like LQDFX and FXOpen, ensuring compatibility with various platforms. Unlock the potential of automated trading with this reliable Expert Advisor. Elevate your Forex experience today!
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Grab the Blessing 2 v4.8 along with the recommended winning settings!
Blessing 2 v4.8 is a forex trading robot that aims to automate trading decisions. It follows a grid-based strategy, meaning it places buy and sell orders at specific price levels (grid) and uses different lot sizes to manage risk. The robot also employs equity protection and stop-loss mechanisms to manage losses and prevent excessive Array.
How the EA Works:
You can enable or disable money management (MM). When MM is enabled, it calculates lot sizes based on your account balance and risk preferences. If MM is disabled, it uses a fixed lot size that you specify.
The EA uses a grid strategy, which means it places buy and sell limit and stop orders at predetermined price levels (grid). The grid size and take-profit levels are user-defined.
The EA can adapt its trading strategy to different market conditions: uptrend, downtrend, or ranging. It determines the market condition based on the position of the current price relative to a moving average (MA).
The EA has an equity protection feature that monitors your account's floating (unrealized) profit and closes all open orders if the floating loss exceeds a specified percentage of your account balance.
Power Off Stop Loss (POSL), when enabled, this feature sets stop-loss levels for each trade to limit potential losses. The stop-loss levels are calculated based on your account balance and risk.
You can choose to enable the auto-calculation of the grid size based on the Average True Range (ATR) indicator. This helps adapt the grid to changing market volatility.
The EA can place market orders (buy/sell) if certain conditions are met.
How to Set It Up:
Install the EA in your MetaTrader 4 platform.
Adjust the settings as per your risk tolerance and preferences. Key settings to consider are initial account balance, equity protection percentage, grid parameters, and money management.
Ensure that live trading is allowed on your MetaTrader 4 platform.
Attach the EA to a chart of the currency pair you want to trade.
Monitor the EA's performance and make adjustments as needed.
Blessing 2 v4.8 offers a flexible grid-based trading strategy with risk management features. It's suitable for traders who understand grid trading and want to automate their strategies. However, grid trading can be risky, and it's essential to carefully monitor the EA's performance and adjust settings.
Winning Setting Suggestion:
InitialAccountSet: 2500
TradeComment: Blessing
NumberPortionSet: 1
UseEquityProtection: true
FloatPercent: 50
UsePowerOutSL: false
UseMM: true
LotAdjustmentSet: 1.0
AccountTypeSet: 1
ManuallotSet: 0.01
LotHedgeSet: 1.4
AutoParametersSet: false
AutoGridAdjust: 1.0
GridSet: 25
TP_Set1: 50
GridSet2: 50
TP_Set2: 100
GridSet3: 100
TP_Set3: 200
TimeGridSet: 2400
MarketConditionSet: 2
MovingAverageSet: true
MA_Period: 100
MaxLevelSet: 4
Set1Count: 4
Set2Count: 4
MaxLevel: 99
BELevel: 12
Slippage: 5.0
Grab the Blessing 2 v4.8 along with the recommended winning settings!
Blessing 2 v4.8 is a forex trading robot that aims to automate trading decisions. It follows a grid-based strategy, meaning it places buy and sell orders at specific price levels (grid) and uses different lot sizes to manage risk. The robot also employs equity protection and stop-loss mechanisms to manage losses and prevent excessive Array.
How the EA Works:
You can enable or disable money management (MM). When MM is enabled, it calculates lot sizes based on your account balance and risk preferences. If MM is disabled, it uses a fixed lot size that you specify.
The EA uses a grid strategy, which means it places buy and sell limit and stop orders at predetermined price levels (grid). The grid size and take-profit levels are user-defined.
The EA can adapt its trading strategy to different market conditions: uptrend, downtrend, or ranging. It determines the market condition based on the position of the current price relative to a moving average (MA).
The EA has an equity protection feature that monitors your account's floating (unrealized) profit and closes all open orders if the floating loss exceeds a specified percentage of your account balance.
Power Off Stop Loss (POSL), when enabled, this feature sets stop-loss levels for each trade to limit potential losses. The stop-loss levels are calculated based on your account balance and risk.
You can choose to enable the auto-calculation of the grid size based on the Average True Range (ATR) indicator. This helps adapt the grid to changing market volatility.
The EA can place market orders (buy/sell) if certain conditions are met.
How to Set It Up:
Install the EA in your MetaTrader 4 platform.
Adjust the settings as per your risk tolerance and preferences. Key settings to consider are initial account balance, equity protection percentage, grid parameters, and money management.Ensure that live trading is allowed on your MetaTrader 4 platform.
Attach the EA to a chart of the currency pair you want to trade.
Monitor the EA's performance and make adjustments as needed.Blessing 2 v4.8 offers a flexible grid-based trading strategy with risk management features. It's suitable for traders who understand grid trading and want to automate their strategies. However, grid trading can be risky, and it's essential to carefully monitor the EA's performance and adjust settings.
Winning Setting Suggestion:
InitialAccountSet: 2500
TradeComment: Blessing
NumberPortionSet: 1
UseEquityProtection: true
FloatPercent: 50
UsePowerOutSL: false
UseMM: true
LotAdjustmentSet: 1.0
AccountTypeSet: 1
ManuallotSet: 0.01
LotHedgeSet: 1.4
AutoParametersSet: false
AutoGridAdjust: 1.0
GridSet: 25
TP_Set1: 50
GridSet2: 50
TP_Set2: 100
GridSet3: 100
TP_Set3: 200
TimeGridSet: 2400
MarketConditionSet: 2
MovingAverageSet: true
MA_Period: 100
MaxLevelSet: 4
Set1Count: 4
Set2Count: 4
MaxLevel: 99
BELevel: 12
Slippage: 5.0
Thank you for sharing this EA, as you also shared the best inputs can you share the best currencies and what time frame please
To decide which currency pairs and time frames are best for your EA with these settings, you need to think about a few things. It depends on what's happening in the market, how your EA has done in the past, and what exactly your EA is all about. If you want your EA to work its best, think about these ideas:
Best Currency Pairs:
EUR/USD: This is a major currency pair known for its easy-to-buy-and-sell nature and not-too-high costs. It's a common choice for many trading strategies.
GBP/USD: Another big pair that's easy to trade with lots of chances to make money.
USD/JPY: This pair usually shows clear trends and goes along nicely with strategies that follow those trends.
AUD/USD: The Australian Dollar and US Dollar combo can work well, especially if your EA's plan matches how these currencies behave.
Time Frame:
Thinking about how the EA is set up and what it's strategy, going with the 1-hour time frame seems like a solid idea. It gives you chances to trade within the day, and it matches up with your EA's style, like the grid trading and the time grid set at 2400.
But keep in mind, try it out on a demo account first. And make sure to always watch how your EA is doing and change things up when the market decides to do its own thing.
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