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TrapBot EA MT5

5 000 USD

Demo downloaded: 68

Published: 30 June 2023

Current version: 1.40

TrapBot EA MT5

Name: TrapBot EA MT5
Price: 5000.00 USD
Author: Carl Gustav Johan Ekstrom

Experts
Carl Gustav Johan Ekstrom
Version: 1.40
Updated: 23 August 2024
Activations: 20

Important: PM before purchase!
DCF Index: www.cgetrading.com

TrapBot is a newly developed expert advisor specifically engineered to capitalize on Trap Plays, a proven market pattern that consistently exhibits the highest win rate among a staggering 80,000 different patterns! This exceptional and powerful system empowers you to engage in trading with diverse strategies across multiple markets, including Crypto, Forex, Indices, and Commodities.

What's a Trap Play?

Trap Play refers to a market situation where price initially makes a new high or low, luring traders into believing a strong trend is forming. However, the price quickly reverses and invalidates the breakout, trapping those traders who entered positions based on the initial move. This sudden reversal often results in a rapid exit of positions, leading to significant price movement in the opposite direction. Trap plays can occur in various financial markets and timeframes and are characterized by their ability to catch traders off guard and create significant market volatility.

Highlighted below are some of the key features of this system:

Risk Management: Every trade executed by the system is safeguarded through the implementation of a stop loss. This risk management feature helps mitigate potential losses, ensuring greater account security.
Safe Strategies: TrapBot does not employ risky strategies such as martingale or hedging. This emphasis on safe trading practices provides traders with a more secure and reliable trading experience.
Versatile Order Support: TrapBot offers support for stop, limit, and market orders, accommodating different trading preferences.
Effective Model: The Donchian Channel functions as a robust tool to detect deceptive breakouts (Trap Plays) and acts as the cornerstone for the system's trading strategies, harnessing a validated approach to enhance precision.

In summary, TrapBot is a trading system that combines diverse strategies, intelligent filters, and risk management measures to maximize trading success. Its reliance on proven market patterns and the avoidance of risky strategies make it a reliable tool for traders across various markets. The customizable settings further empower users to personalize the system according to their trading preferences.

Introduce TrapBot to your Portfolio!

Portfolio trading offers several advantages compared to trading with just one strategy. One notable benefit is its ability to minimize drawdowns. By diversifying across multiple strategies or assets, portfolio trading reduces the impact of individual losses and helps maintain a more consistent performance.

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Martin Armstrong Cycles employs an unconventional form of technical analysis on your charts aimed at capturing market angles, swift market movements, price reversals, and early trend shifts. I strongly advise all traders to integrate cyclical analysis into their charting methods, as it unveils the inherent rhythms of markets. Every element in the universe follows a cycle, and so does price! Analytical Benefits of Cyclical Analysis The angle of the cycle provides a roadmap for anticipating fu

150 USD

I'm excited to introduce you to the fifth bar on Martin Armstrong's Forecast Array - The Trading Cycle . This innovative tool represents a transverse form of cyclical frequency analysis, offering a unique perspective on market trends. The model employs a color-coded system for easy interpretation. In this model, green signals the ideal timing for highs, red indicates ideal lows, and yellow signifies a convergence of highs and lows occurring simultaneously. This intuitive approach allows

100 USD

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KAESER513 2023.07.11 17:47 #

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Reply from developer Carl Gustav Johan Ekstrom 2023.07.12 12:19 #

Thank you!

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Robert 2023.07.04 20:53 #

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Reply from developer Carl Gustav Johan Ekstrom 2024.08.31 15:27 #

No problem, thanks!

Version 1.40 2024.08.23

+ Optimization for XAU/USD

Version 1.30 2023.08.01

+ EUR Account

Version 1.20 2023.08.01

+ Optimization in code

Version 1.10 2023.07.10

+ Visuals

+ Fixed bug