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20 Pips Per Day EA v1.5 - Forex Robot for Consistent Profits
Unlock the potential of your trading with the 20 Pips Per Day Expert Advisor (EA) version 1.5. This Forex robot is designed to optimize your trading strategy, offering a reliable tool to navigate the dynamic currency markets. The "20-pips-per-day_v1.5.mq4" EA has been thoroughly tested on reputable brokers like LQDFX and FXOpen, ensuring compatibility across various platforms. Achieve consistent gains without the need for ownership claims, as this EA empowers your trading journey without unnecessary complexities. Elevate your trading experience with this powerful and versatile Forex EA.
20-pips-per-day_v1.5.mq4 7.35 kb, 46 downloads since 2015-04-30
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Easy Profits with 20 Pips Per Day EA!
We've got just the thing for you, the 20 Pips Per Day Expert Advisor (EA).
So, what's the deal with this EA? It's all about making a modest 20 pips per day, no more, no less. It's like a daily goal to keep things simple. It sets up buy and sell orders with predetermined stop losses and take profits, aiming for that sweet 20-pip profit each day.
How this EA Works
The EA checks if it's the right time to trade, opens orders at a specific distance from the market price, and sets stop losses and take profits. You can choose between using stop orders or market orders, depending on your preference. It's all about automation, making your life easier.
Getting Started
Download the "20-pips-per-day_v1.5.mq4" file.
Open your MetaTrader 4 platform.
Go to 'File' > 'Open Data Folder.'
Navigate to 'MQL4' > 'Experts.'
Copy and paste the downloaded file into the 'Experts' folder.
Restart MetaTrader 4.
Find '20-pips-per-day' in the 'Navigator' panel and drag it onto your chart.
Adjustable Parameters
StartOpenOrdersOn: Set the time range for trading.
UseStopLoss: Choose whether to use stop losses (true or false).
IPreferStopOrders: Decide if you prefer stop orders or market orders.
DistanceFromOpen: Set the distance for placing limit orders.
TakeProfit: Define the take profit in pips.
StopLoss: Specify the stop loss in pips.
StopAndReverseOnLossOf: The EA will reverse trades if it hits this loss.
MinimumToContinue: Minimum pip movement to allow trading.
LotSize: Set your lot size for each trade.
Slippage: Specify the slippage in pips.
BuyComment: Custom comment for buy orders.
SellComment: Custom comment for sell orders.
MagicNumber: A unique identifier for the EA.
Optimal Settings for Winning Strategy
Currency Pair: EUR/USD
Minimum Balance: $1,000
Time Frame: 1-Hour (H1)
StartOpenOrdersOn: "FROM 00:00 UNTIL 01:00"
UseStopLoss: true
IPreferStopOrders: true
DistanceFromOpen: 20
TakeProfit: 40
StopLoss: 20
StopAndReverseOnLossOf: 100
MinimumToContinue: 100
LotSize: 0.1
Slippage: 15
BuyComment: "20 pips per day BUY"
SellComment: "20 pips per day SELL"
MagicNumber: 123456789
For the best results, use the EUR/USD currency pair, maintain a minimum balance of $1,000, and trade on the 1-hour (H1) time frame. Stick to these settings, and you'll be on your way to potential daily profits!
20 Pips Per Day Expert Advisor helps you aim for a modest 20-pip profit each day. It automates the process, making trading easier for you. Remember, it's all about setting the right parameters and staying disciplined. Good luck on your trading journey!
20-pips-per-day_v1.5.mq4 7.35 kb, 8 downloads since 2023-11-20
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