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diba.mq4 - Advanced Forex Trading EA for MT4
Experience enhanced trading with the diba.mq4 Forex EA. Utilizing cutting-edge algorithms, this expert advisor is designed for optimal performance in various market conditions. Tested on popular brokers like LQDFX and FXOpen, it seamlessly adapts to any broker. Unlock the potential of your trading with our powerful EA – your key to efficient and profitable trading. Download now for improved trading results.
diba.mq4 3.27 kb, 42 downloads since 2015-04-29
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Unlock Your Trading Potential with DIBA EA!
DIBA EA focuses on identifying a unique arrow pattern on the charts. When it spots this pattern, it takes action:
Buy Condition: If the current closing price is higher than the closing price two bars ago plus an adjustable upper slope AND no open orders are present, DIBA EA triggers a buy order.
Sell Condition: Conversely, if the current closing price is lower than the closing price two bars ago plus an adjustable lower slope AND no open orders are present, it triggers a sell order.
Setting Up DIBA EA:
Download the mq4 file.
Open your MetaTrader 4 platform.
Go to 'File' > 'Open Data Folder' > 'MQL4' > 'Experts.'
Paste the mq4 file here.
Restart MetaTrader 4.
Attach DIBA EA to your trading chart.
Adjustable Parameters:
Lot: This parameter allows you to set the trading lot size. It determines the quantity of currency units you're willing to trade with each order.
Stop Loss (SL): The Stop Loss parameter lets you specify the stop loss level in points. It's a risk management tool that defines the maximum loss you're willing to tolerate for each trade.
Take Profit (TP): Take Profit allows you to set the take profit level in points. It's the target price at which your trade will automatically close with a profit.
Optimal Settings:
Currency Pair: EUR/USD
Minimal Balance: $1,000
Time Frame: 1-Hour
To maximize your chances of success, use the following settings:
Lot: 1
Stop Loss (SL): 50 points
Take Profit (TP): 100 points
diba.mq4 3.27 kb, 8 downloads since 2023-11-19
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