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Riskless Pyramid

5

Introduction

This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. For each add-on the stoploss for the combined trade is moved to the break-even level so that once the first add-on level has been reached then the total trade is riskfree from then onwards. As each successive add-on trade is entered the stoploss is tightened accordingly in order to keep the total trade risk free. If the profit target is reached without the stoploss being hit then the total multiplied profit will be achieved. Of course the downside is that if the break-even stoploss is hit at any time during the trade then there is no profit at all from the trade.

How to Use the EA

The EA is place on the chart where it lies dormant until it finds an open position on the chart which has both a stop-loss and a profit target defined. At that point it will generate the three add-on trades which will appear as stop entry orders on the chart. The sizes of the three orders will be such that if the final profit target is reached then the target profit as set within the EA will be achieved.

Each add-on will have a stop-loss level defined already on the chart which will be the break-even level for the combined position so far. As the trade progresses the EA ensures that the stoplosses for all open positions are adjusted to this new break-even level. Once the trade is closed for any reason then any untriggered add-on entries are automatically deleted

EA Inputs

Profit Type: This can be either “Total Profit” which means that the Profit quantity (see below) is specified in dollars (or whatever the account currency is) or “Multiplier” in which case the profit quantity is the specified multiple of the original profit value

Profit Value: This is the combined total profit value, either dollar amount or multiple of the original take profit amount according to the Profit Type input value.

First Add-on Fraction: This specifies what fraction of the way towards the final take profit level the first add-on is to be placed.

Second Add-on Fraction: This specifies what fraction of the way towards the final take profit level the second add-on is to be placed.

Third Add-on Fraction: This specifies what fraction of the way towards the final take profit level the third add-on is to be placed.

Magic Number: This specifies the unique number that is used to identify trades that are under the management of this EA. For each symbol and each Magic Number there can only be one set of trades active at any one time. If you want to run multiple sets of trades on the same symbol then you need to apply the EA to the same symbol on a separate chart with a different Magic Number


Bewertungen 1
Gloria
22
Gloria 2023.05.29 20:07 
 

Works as described. Trialing it in a demo account right now - results are pretty good so far!

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EA for Cycle Sniper Indicator This utility is designed to open/close auto trades according to the Cyle Sniper indicator's signals. Different entry rules  with various stop loss, take profit options can be applied. You will find the details in this blogpost.  https://www.mql5.com/en/blogs/post/749655 Some important issues are explained in the video. Please do not hesitate to contact us if you need further information. IMPORTANT NOTE: You can not test the full functions of the EA on the strategy t
Reward Multiplier MT4
Amir Atif
3 (1)
Utilitys
50% off. Original price: $375 Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download Demo here  (starting lot is fixed at 0.01) Guide + tips here MT5 version   here You only open the first order. When your
PZ Latency Arbitrage EA MT4
PZ TRADING SLU
1.25 (4)
Utilitys
Trade like a time traveler thanks to latency arbitrage Everyone knows that the best way to make money in the markets is by knowing the future. Have you ever wished to know the future price of something in advance? Even if it were just a few days, hours, or minutes ahead? What if it were possible to know it but with less than a second of advance notice? That's precisely what the PZ Latency Arbitrage EA robot does. PZ Latency Arbitrage EA is your personal time machine: but it can only travel into
Telegram Signal pro
Sara Sabaghi
4.88 (8)
Utilitys
What is it? Think about it, you can send all the orders/positions info to your telegram channel or group to create your community or VIP signals on telegram. Position info means this EA forward all of your new positions open details (Open price, Open time, Position Type, position Symbol and volume), positions changes ( SL or TP modifying or pending price changes) and position close (Close price, profit or loss, position duration time) and also EA Send NEWS alert (Economic calendar event) on y
ADAM for FTMO 40
Vyacheslav Izvarin
5 (1)
Utilitys
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 ---------------------------------------------------------------------------------------------------------------------------
Dashboard Trading Made Simple
Wang Yu
1 (1)
Utilitys
Contact/message me if you encounter any issue using the product or need extra feature to add on the base version. There is a demo version of this panel Dashboard Trading Made Simple Demo in my product list, please try it out to get familiar with all functionalities free, LINK . This system basically utilizes TDI as the main indicator to generate trading signal mainly on H1 and H4 timeframes. The signal will be further filtered and trimmed. Stochastic; Heiken Ashi candle direction and candle s
JanosikFX Scalping Trade Panel
ROBERT URBANSKI
5 (1)
Utilitys
The Best One Scalping Trade Panel functional manual trade panel with risk reward, auto SL by candle ( original solution), lot size calculation, one-click trading, scale in and out of trades (partial close),  Works with all symbols not just currency pairs, perfect works on DAX, NASDAQ, GOLD, ...... I earn every day during live stream on ZakopiecFX - join Me Risk by lot Risk by percent SL by points SL by Candle, Renko, RangeBar ( original solution) TP by point TP by Risk/Reward Auto Trailing b
ManHedger MT4
Peter Mueller
5 (1)
Utilitys
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! MT5 Version With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easily and clearly. Display your trades/strategies on the chart. Display your Take Profits/Stop Losses as
Online Accounts Manager MT4
Kyra Nickaline Watson-gordon
5 (1)
Utilitys
OneClick Online Account Manager is a powerful utility that helps you to manage all your accounts from a centralized panel. It is suitable for all single account traders and specially for multiple accounts traders. The utility help you to : Monitor status of all accounts on a private web page. Some information such as account connection status, account profit, DD, Balance, Equity, Margin Level, Number of positions and orders, Daily and Weekly profit/loss and also overall summation of all these
PZ Triangular Arbitrage EA MT4
PZ TRADING SLU
1 (1)
Utilitys
Eine dreieckige Arbitrage-Strategie nutzt Ineffizienzen zwischen drei verwandten Währungspaaren aus und platziert ausgleichende Transaktionen, die sich gegenseitig für einen Nettogewinn aufheben, wenn die Ineffizienz behoben wird. Ein Geschäft umfasst drei Trades, wobei die ursprüngliche Währung gegen eine zweite, die zweite Währung gegen eine dritte und die dritte Währung gegen die ursprüngliche Währung getauscht werden. Mit dem dritten Trade sichert sich der Arbitrageur einen risikolosen Gewin
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Riskless Pyramid Mt5
Snapdragon Systems Ltd
3.5 (2)
Utilitys
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Engulfing Bar Alert
Snapdragon Systems Ltd
Indikatoren
This indicator marks Engulfing Bars (bars with a higher high and a lower low than the previous bar) on your chart. It will also send alerts when one forms, including via e-mail or push notification to your phone . It's ideal for when you want to be notified of an engulfing/outside bar set-up but don't want to have to sit in front of your chart all day. You can configure all the settings including: Whether it should be "range engulfing" (so high is higher than previous bar and low is lower than
RSI Levels Alert
Snapdragon Systems Ltd
5 (1)
Indikatoren
Our custom RSI indicator uses the standard RSI calculation, but it adds a few super-useful upgrades. In our opinion this is the RSI indicator that should come standard with MT4! Have a look and decide for yourself! Our indicator has the following benefits: Never miss another RSI set-up when you are away from your computer A colored RSI line makes it easy to see when price is overbought or oversold Get alerts when price moves into overbought/oversold, out of overbought/oversold, or both Custo
Inside Bar Alerts
Snapdragon Systems Ltd
Indikatoren
This indicator marks Inside Bars (bars with a lower high and a higher low than the previous bar) on your chart. It will also send alerts when one forms, including via e-mail or push notification to your phone . It's ideal for when you want to be notified of an inside bar set-up but don't want to have to sit in front of your chart all day. You can configure all the settings including: What symbol (if any) is plotted to highlight an inside bar Whether the symbol is plotted above the bar or below t
Pin Bar Alerts
Snapdragon Systems Ltd
5 (1)
Indikatoren
Introduction This indicator marks Pin Bars (bars with an unusually long upper or lower candle wick) on your chart. It will also send alerts when one forms, including via e-mail or push notification to your phone . It's ideal for when you want to be notified of a Pin Bar set-up but don't want to have to sit in front of your chart all day. You can configure all the settings including: What proportion of the bar should be made up of the wick How big or small the total size of the Pin Bar has
R Levels Trade Manager
Snapdragon Systems Ltd
5 (1)
Utilitys
Introduction The SDS_TradeManager EA is a powerful EA designed to manage your positions once you have been filled. It basically works a break-even stop and also a trailing stop where the trigger levels and trail levels are all specified in "R's", that is to say multiples of the initial trade risk. Many successful professional traders think about all their trades and profit taking in terms of multiples of the initial risk R. So for example, if your initial risk on your trade is 50 pips and you w
Price Level Alerts
Snapdragon Systems Ltd
Indikatoren
Introduction This indicator alerts you when certain price levels are reached. The alert can be on an intrabar basis or on a closing price basis. It will also send alerts when one forms, including via e-mail or push notification to your phone . It's ideal for when you want to be notified of a price level being reached but don't want to have to sit in front of your chart all day. Input Parameters DoAlert: if set to true a desktop pop-up alert will appear from your MetaTrader terminal whe
Trailing Stop Manager
Snapdragon Systems Ltd
Utilitys
Introduction This is a trade manager EA. It will detect an open trade and apply a number of different user selected trailing stops to the position simultaneously, always using the tightest stop loss out of all the different methods that have been turned on. The various different choices of trail are: X bar trail to break-even : e.g. adjust the stop loss up towards break-even at the lowest low of the last X bars until break-even is reached. Risk-reward trail to break-even : e.g. move the st
R Levels Trade Manager Mt5
Snapdragon Systems Ltd
Utilitys
Introduction The SDS_TradeManager EA is a powerful EA designed to manage your positions once you have been filled. It basically works a break-even stop and also a trailing stop where the trigger levels and trail levels are all specified in "R's", that is to say multiples of the initial trade risk. Many successful professional traders think about all their trades and profit taking in terms of multiples of the initial risk R. So for example, if your initial risk on your trade is 50 pips and you w
Auswahl:
Gloria
22
Gloria 2023.05.29 20:07 
 

Works as described. Trialing it in a demo account right now - results are pretty good so far!

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