Market waves top and bottom
- Experts
- Raman Kumar Gautam
- Version: 1.0
- Activations: 10
Market Waves Top and Bottom EA
Discover the next generation of automated trading with the Market Waves Top and Bottom EA—an advanced trading bot meticulously crafted for the MQL5 platform. Designed for traders who seek precision and profitability, this Expert Advisor (EA) combines dynamic position sizing, robust risk management, and sophisticated trade execution to navigate the complex market landscape.
Key Features:-
Dynamic Position Sizing:
- The EA intelligently adjusts position sizes based on market conditions, ensuring optimal trade volumes while adhering to broker requirements.
- It automatically calculates the minimum and maximum permissible volumes, adjusts for volume steps, and ensures all trades are within specified limits.
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Advanced Trade Management:
- Take Profit (TP) and Stop Loss (SL): The EA sets precise TP and SL points for each trade to maximize profits and minimize losses.
- Volume Adjustment: Ensures that the position size meets the broker’s constraints and dynamically adjusts based on current market conditions and available margin.
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Smart Trade Execution:
- Trades are executed only when predefined conditions are met, ensuring that every trade aligns with your strategy.
- The EA continuously monitors the market, placing trades with accurate entry points and adjusting TP and SL levels as needed.
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Robust Risk Management:
- The EA uses a unique lot-sizing strategy where initial lots are multiplied by a factor (default is 2), allowing for controlled risk escalation.
- Built-in safeguards prevent over-leveraging by adjusting position sizes to account for current aggregate volumes of open positions and pending orders.
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Seamless Integration:
- Designed to integrate effortlessly with your trading platform, the EA includes simple initialization and deinitialization processes.
- Supports customization through input parameters, enabling traders to tailor the EA’s behavior to their specific needs.
- Initial Lot Size: Configurable starting from 0.01 lots.
- Lot Size Multiplier: Default factor of 2 for scaling positions.
- Take Profit Points: Default at 600 points.
- Stop Loss Points: Default at 600 points.
- Magic Number: Default at 1111 to uniquely identify the EA’s trades.
Simply set your preferred lot sizes, TP, and SL points, and let the Market Waves Top and Bottom EA take care of the rest. Whether you're a novice trader or a seasoned professional, this EA is designed to enhance your trading performance by making intelligent, data-driven decisions that align with your trading strategy.
How It Works:-
Initialization:
- The EA sets up with a unique magic number to manage and identify trades.
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Monitoring and Execution:
- Continuously checks market conditions.
- Executes trades with calculated position sizes, setting appropriate TP and SL levels.
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Dynamic Adjustment:
- Adjusts position sizes based on broker constraints and current market volume.
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Post-Trade Management:
- Analyzes closed trades for profit/loss.
- Adjusts trade permissions based on the outcome to ensure optimal future performance.
Experience the future of trading automation with the Market Waves Top and Bottom EA—your partner in achieving consistent trading success. Download now and elevate your trading strategy to new heights.
Disclaimer: Please Read Before Live Trading
The information provided is for educational purposes only and does not constitute financial or investment advice. Trading involves significant risk and can result in substantial losses. Always conduct thorough research and consult with a qualified financial advisor before engaging in live trading. Past performance is not indicative of future results. Only trade with money you can afford to lose. You are solely responsible for your trading decisions and any resulting gains or losses.