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Wild Horse MT4

MT4 Version : https://www.mql5.com/en/market/product/121574

MT5 Version : https://www.mql5.com/en/market/product/121575


The "Wild Horse" Expert Advisor (EA) is a sophisticated trading tool designed for forex markets, utilizing a counter-trend strategy to open positions via pending orders. This EA is engineered to identify potential reversals in market trends, allowing traders to capitalize on market corrections.

Key Features:

  1. Pending Order Method:
    The EA places pending orders at strategic levels, anticipating market pullbacks or reversals. This approach ensures that positions are only opened when price movements align with the EA's counter-trend logic.

  2. Counter-Trend Strategy:
    The "Wild Horse" EA is specifically designed to detect and trade against prevailing trends, aiming to profit from temporary market corrections. This makes it particularly effective in volatile or ranging markets.

  3. Averaging and Martingale Options:

    • Averaging: The EA can be configured to use an averaging technique, where additional positions are opened at predetermined intervals if the market moves against the initial trade. This method helps to reduce the average entry price and increases the potential for profit as the market corrects.
    • Martingale: For more aggressive traders, the EA can implement a martingale strategy, where position sizes are increased following a losing trade. This approach aims to recover losses quickly, though it comes with higher risk.

  4. Risk Management Tools:

    • Take Profit: Each position can be set with a take profit level, ensuring that trades close automatically when a certain profit target is reached.
    • Stop Loss: To protect against adverse market movements, the EA allows for customizable stop loss levels on each trade, limiting potential losses.
    • Trailing Stop: A trailing stop feature is included, which dynamically adjusts the stop loss level as the market moves in favor of the trade. This locks in profits while allowing for potential further gains.

  5. Customization and Flexibility:
    The "Wild Horse" EA is highly customizable, allowing traders to adjust parameters such as order size, grid distance, and risk management settings to align with their individual trading strategies and risk tolerance.

Ideal Use Cases:

  • Ranging Markets: The EA excels in markets where prices oscillate within a certain range, providing frequent opportunities to capture profits from counter-trend movements.
  • Volatile Markets: The counter-trend approach, combined with the flexibility of averaging or martingale strategies, makes this EA suitable for volatile markets where trends often reverse or retrace.

In summary, the "Wild Horse" Expert Advisor is a versatile and powerful tool designed for traders who prefer a counter-trend approach, with robust risk management features and customizable settings to adapt to various market conditions.


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4.74 (27)
Experts
Aurum AI – The Power of Artificial Intelligence for Gold Trading (XAU/USD) Experience the full potential of technology in trading! Aurum AI is a groundbreaking expert advisor designed for stable and secure performance in the gold market. It combines the power of artificial intelligence, precise trend analysis, and strict risk control to make every trade as effective as possible. Promotion Discount - 12%. 2 copies available at a price of $400 Live signal with high risk (maximum drawdown up to 20
Aurum Apex Mt4 EA
Martin Alejandro Bamonte
5 (1)
Experts
Now you can download the demo version of Aurum Apex from the Comments tab to evaluate its live performance on your own broker! Aurum Apex EA is a robust 100% automated trading tool designed for the MT4 Platform. It performs real-time market analysis, detecting various trading opportunities. Suitable for traders of all levels, Aurum Apex EA offers three risk modes, adjustable via the Risk parameter: Risk = 0.1 (Low Risk): Ideal for new traders who are unfamiliar with gold movements. This setting
Oceania Emperor AI
Armin Heshmat
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Oceania Emperor AI EA always  profit results are variable and determined according to the market movement.The indicators used in EA expert have nothing to do with the standard indicators in the market and are completely derived from strategy ,It was developed by ENZOFXEA team in Germany with experienced traders with more than 15 years of trading experience. It's multi currency  { AUCAD , AUDNZD , NZDCAD }  You launch all three currency pairs at the same time and the activity is high. All types o
Boring Pips MT4
Thi Thu Ha Hoang
4.73 (15)
Experts
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool t
Richter mt4
Yvan Musatov
5 (1)
Experts
A Richter Expert is a professional market analyst working using a specialized algorithm. By analyzing prices over a specific time period, it determines the strength and amplitude of prices using a unique indicator system based on real data. When the trend and its direction change, the expert closes the current position and opens a new one. The bot's algorithms take into account signals about overbought and oversold markets. Buying occurs when the signal falls below a certain level and then rise
Yarukami Mnukakashi EA
Aleksandr Kazmirchuk
5 (4)
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Yarukami Mnukakashi is an automated trading advisor designed for traders in the Forex market. The version for MT5 is located at the link. Key Features: Strategy type: 24-hour trading, but I recommend avoiding the American session and setting a daily take of $30-40 per 0.01 lot. Can work in one direction or both at once independently of each other. Trading instruments: GOLD Timeframes: M1 Algorithm: Uses technical analysis with moving average indicators, Bollinger and Momentum. Risk management: t
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Version 1.3 2024.11.21
v 1.3
- change logo
- add comment
- add trend protection
Version 1.2 2024.09.19
v 1.2 - simplified the code
Version 1.1 2024.09.04
v 1.1 - update code