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Dual Profit Closer EA - MT4 - expert for MetaTrader 4

Views:
508
Rating:
(2)
Published:
2024.09.03 04:19
Updated:
2024.09.03 07:28
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The Dual Profit Closer EA is a user-friendly automated trading tool designed to enhance your trading strategy by managing and closing both buy and sell orders independently based on predefined profit thresholds.

What it does:
  • Separate Buy & Sell Order Management: This EA tracks buy and sell orders individually, ensuring that each type of order is closed only when it reaches your specified profit level. This dual functionality allows for more precise control over your trading strategy.
  • Real-Time Profit Tracking: Stay informed at all times with live updates of your overall buy and sell profits displayed directly on your chart. This feature helps you quickly assess your trading performance without needing to dig through multiple reports. Live information will be updated on every tick.
  • Customizable Profit Thresholds: Easily set and adjust your desired profit levels for both buy and sell orders. The EA will automatically close orders that meet or exceed these thresholds, helping you lock in gains at the optimal moment.
  • Avoid broker manipulation: This EA will instantly close all deals when the overall profit for either buy or sell orders reaches your threshold, without setting take profit (TP) or stop loss (SL) levels.

EA


Ideal Use Cases:
  • Day Trading & Scalping: For traders who engage in high-frequency trading, the Dual Profit Closer EA ensures that profits are secured quickly and efficiently, reducing the risk of market reversals erasing gains.

  • Swing Trading: Swing traders can benefit from setting profit targets that align with their medium-term market outlook, allowing the EA to manage trades according to predefined criteria without constant oversight.

  • Part-Time Trading: If you cannot monitor the markets full-time, this EA ensures your trades are managed automatically, so you don’t miss out on profit-taking opportunities while away from the screen.

  • Risk Management: By using separate profit thresholds for buy and sell orders, the EA helps in managing risk effectively, ensuring that both bullish and bearish trades are handled according to your risk tolerance.

It offers a perfect balance of control and automation, ensuring that your trades are closed at the most opportune moments without the need for constant monitoring. Whether you're managing multiple positions or focusing on a few key trades, this EA provides the precision and reliability needed to succeed in today's dynamic markets.
PrevDayLines.mq4 - Draw Previous Day's High, Low, and Average Price Lines PrevDayLines.mq4 - Draw Previous Day's High, Low, and Average Price Lines

The PrevDayLines.mq4 script is a tool for MetaTrader 4 that automatically draws three critical price levels from the previous trading day on your chart. These levels include the highest price (Max), the lowest price (Min), and the average price (Avg), providing traders with a clear visual reference for key support and resistance points.

Rotate TEXT Rotate TEXT

The script creates a text object on the chart that continuously rotates and changes its position based on price levels.

Three Colors Three Colors

Example: Moving Average indicator filling by different colors

MACD Sample MACD Sample

Classical MACD Sample.