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Bulbasaur PitchFork

Bulbasaur Pitchfork EA - Your Ultimate Trading Ally

Introducing the Bulbasaur Pitchfork Expert Advisor (EA), an advanced trading tool meticulously crafted to elevate your trading strategy through a blend of cutting-edge technical indicators and robust trade management features. This sophisticated EA harnesses the power of Gann Lines, Moving Averages (MA), Bollinger Bands, and the MACD to pinpoint the most opportune moments for trade entry and exit, ensuring you achieve precision and efficiency no matter the market conditions.

Key Features:

  • Precision Trend Analysis: The Bulbasaur Pitchfork EA excels in detecting trends with unparalleled accuracy, allowing you to harness market movements with confidence.
  • Customizable Volume Settings: Tailor your trade sizes to match your risk tolerance and market conditions, ensuring your strategy remains flexible and effective.
  • Advanced Trade Management: Enjoy seamless trade management with features such as trailing stop loss, break-even adjustments, and automated risk management, all designed to protect your profits and minimize potential losses.
  • Break-Even Protection: Automatically adjust your stop-loss to the break-even point, safeguarding your trades from adverse market shifts and locking in gains.
  • Integrated Indicators: Benefit from the combined power of MA, Bollinger Bands, and MACD indicators to fine-tune your trade entries and exits with precision.
  • Optimal Trading Pairs and Timeframe: Perfectly suited for trading pairs like GBPUSD, USDCHF, USDCAD, and USDJPY on the M30 timeframe, offering versatility across various markets.

Description of Input Parameters

Trend Settings:

  • PITCHFORK (bars): Defines the length of the Pitchfork indicator, crucial for identifying trend directions. Adjust this setting to tailor the EA’s responsiveness to various market trends, enhancing trend detection.

  • Col_Cn (color): Sets the color of the Pitchfork indicator on your chart. Choose vibrant colors for high visibility, ensuring the Pitchfork stands out against different chart backgrounds.

Break-Even Settings:

  • USEMOVETOBREAKEVEN (true/false): Activates the automatic movement of your stop-loss to the break-even point once your trade gains a predetermined number of pips. This feature helps protect your trades from potential losses.

  • WHENTOMOVETOBE (pips): Determines how many pips of profit are required before moving the stop-loss to break-even. Adjust this value to align with your trading style and risk preferences.

  • PIPSTOMOVESL (pips): Specifies the number of pips from the break-even point where your stop-loss will be adjusted, providing a safety margin to secure your trade.

Volume Settings:

  • Lots (size): Defines the number of lots per trade, allowing you to control trade volume based on your risk management strategy.

  • MaximumRisk (%): Sets the maximum percentage of your account equity that you are willing to risk on a single trade. This crucial parameter helps in protecting your capital and managing risk effectively.

  • DecreaseFactor: Automatically adjusts your trade size after consecutive losses. Set this to a small value to gradually reduce lot sizes, mitigating further risk and preserving your capital.

Trade Management Settings:

  • TrailingStop (pips): Activates a trailing stop loss that moves with the market price to lock in profits. Customize the distance in pips to optimize your trade exits.

  • Stop_Loss (pips): Defines the maximum loss allowed per trade. This is a key risk management tool designed to prevent excessive losses if the market moves against your position.

  • MagicNumber: An identifier used for trades executed by this EA, helping to distinguish its trades from those of other EAs. Use unique numbers if running multiple EAs to avoid conflicts.

  • TakeProfit (pips): Sets the target profit level for trades. Customize this parameter to define how many pips you aim to gain before closing a position.

Indicator Settings:

  • FastMA (period): Sets the period for the fast Moving Average, influencing its sensitivity and helping identify short-term trends.

  • SlowMA (period): Defines the period for the slow Moving Average. Use this to gauge longer-term trends and confirm market direction.

  • Mom_Sell (level): Specifies the momentum threshold for initiating sell signals. Adjust this level to fine-tune when the EA should trigger sell opportunities.

  • Mom_Buy (level): Sets the momentum threshold for triggering buy signals. Customize this parameter to align with your strategy for identifying buying opportunities.

Information and Chart Settings:

  • HideGrid (true/false): Choose whether to hide the grid on the chart. Hiding the grid can provide a clearer view of price movements.

  • ChartMode (candles/bars/etc.): Select your preferred chart mode for visualizing price action. Options include candles, bars, and other formats based on your analysis needs.

  • bullishColor (color): Defines the color for bullish candles. Opt for a vibrant color to easily spot uptrends and bullish signals on your chart.

  • bearishColor (color): Sets the color for bearish candles. Choose a distinct color to effectively highlight downtrends and bearish signals.

Additional Notes:

  • TradeComment: Add a custom comment to trades executed by this EA. This feature helps you identify and track trades on your terminal.

Why Is This EA Free?

The Bulbasaur Pitchfork EA is offered at no cost as a testament to my dedication to the trading community. My mission is to provide both novice and seasoned traders with a high-caliber, customizable trading solution without the financial strain. By sharing this tool, I aim to foster a collaborative environment where traders can exchange strategies and tools, driving collective success in the trading world.

Offering this EA for free also allows me to gather valuable feedback from users like you. Your insights are crucial for the ongoing enhancement and refinement of the tool, ensuring it evolves to meet the dynamic needs of the trading community.

Getting Started:

To start using the Bulbasaur Pitchfork EA, simply download the code and integrate it into your MetaTrader 4 (MT4) platform. Customize the parameters to align with your trading strategy and risk management preferences, then let the EA handle the execution of trades on your behalf.

For any questions, feedback, or suggestions, don’t hesitate to connect with me through my profile on MQL5. Your input is invaluable and helps in refining this tool to better serve your trading needs.

Elevate your trading game with the Bulbasaur Pitchfork EA—where innovation meets precision.


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