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Sideways MT5

MT4 Version : https://www.mql5.com/en/market/product/115362

MT5 Version : https://www.mql5.com/en/market/product/115360


"Sideways" Expert Advisor is a sophisticated automated trading system designed specifically to navigate and capitalize on sideways markets, where price movements tend to remain within a defined range for extended periods. Unlike conventional trading strategies that rely on trends, Sideways EA leverages a unique approach tailored to exploit the characteristic price behavior of sideways market conditions.

Key Features:

  1. Sideways Market Analysis: The EA employs advanced algorithms to identify periods of consolidation and sideways movement in the market. It analyzes price action, volatility, and other relevant indicators to accurately detect when the market is exhibiting sideways behavior.

  2. Specialized Trading Strategy: Sideways EA utilizes a specialized trading strategy optimized for sideways markets. Instead of attempting to follow trends, it takes advantage of price fluctuations within a defined range. This strategy involves buying near support levels and selling near resistance levels, aiming to profit from price oscillations.

  3. Hedging Risk Management: Hedging is a central component of Sideways EA's risk management strategy. During sideways market conditions, the EA may open both buy and sell positions simultaneously. By hedging positions, it aims to minimize losses in case the market breaks out of the sideways range unexpectedly. Additionally, the EA may dynamically adjust position sizes and hedging ratios based on market conditions and risk parameters.

  4. Dynamic Entry and Exit Points: The EA dynamically adjusts its entry and exit points based on real-time market conditions and price action within the sideways range. It employs precise entry and exit criteria, taking into account factors such as support and resistance levels, volatility, and trend indicators to optimize trade entries and exits.

  5. Customizable Parameters: Sideways EA offers customizable parameters that allow traders to fine-tune the strategy according to their preferences and risk tolerance. Users can adjust parameters such as trade size, maximum drawdown limits, hedging ratios, and other settings to optimize performance based on their trading objectives.

  6. Backtesting and Optimization: Prior to deployment, Sideways EA undergoes rigorous backtesting and optimization using historical market data. This process ensures that the trading strategy is robust and effective across various market conditions, particularly during sideways periods.

  7. User-Friendly Interface: The EA features a user-friendly interface that allows traders to monitor performance, adjust settings, and analyze trading activity with ease. It provides comprehensive reporting and analysis tools to help traders evaluate the effectiveness of the strategy and make informed decisions.

Overall, Sideways Expert Advisor offers a powerful solution for traders seeking to profit from sideways market conditions while effectively managing risk through hedging strategies. Its specialized approach and advanced features make it a valuable tool for navigating challenging market environments and achieving consistent trading results.



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4.82 (17)
Welcome to   GoldExcel EA , an effective trader for the XAUUSD pair (GOLD). Developed by our team to work in normal accounts, funded prop accounts and prop challenges! Does not use HFT! See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller GoldEXCEL delivering 8+ months of SPECTACULAR PROFIT from 1k to 27K !!!:   https://www.mql5.com/en/signals/2133201 5 star expert advisor!!! This incredible ea has rocketed a 1k account to 25+k in under 9 months.  This is the real M
Parrots Gold MT5
Siti Hadijah Lena
3.67 (3)
Only 3 copies left at current price!, Next Price 599 USD. So Come on Hurry up!  Parrots Gold MT5 EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots Gold MT5 EA works based on the concept of trend following combined with trading levels. Live signal Parrots Gold MT5 EA is an Expert Advisor that is safe and focuses on long-term use. This EA does not use dangerous strategies such as grids, martingale, hedging. Parrots Gold MT5 EA in making trading decision
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Version 2.1 2024.07.21
v 2.1 - added pairs and timeframe "watermark"
Version 2.0 2024.05.31
v 2.0 - added comment and trading days
Version 1.1 2024.04.08
v 1.1 - fixed errors