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Buy The Dip Util

Buy The Dip Util is an halfautomatic expert advisor (EA), to buy on dips (days lows) and sell on spikes (days highs).

A profit can exceed a loss trade up to 10 times, so the user can have several loss trades and still make profit.

Orders are opened at the change of the hour, if a button in the chart is pressed.

The Buy The Dip as EA does this automaticly.


The order stoploss is automaticly set right below the low of the former hour (buy) or right over the high (sell).

The position size is automaticly calculated, depending on the distance to the high or low and the set risk per trade. 

The near stoploss together with the position sizing make a very effective money management.


The system provides a hidden takeprofit, a trailing stop or the user can draw a trendline as stoploss. Info about that in the last screenshot.

Buy The Dip Util draws automaticly trendlines into the chart, as suggestions. Here they have no function, other than in the Buy The Dip EA.


Buy The Dip as EA determines by an algorythm when to buy or sell for EURUSD and GBPUSD.

The Buy The Dip Util lets the decision to the user. Practice that trading in visual backtesting and live on a demo account before real trading!

Buy The Dip can be used in any currency or cfdNo martingale, no grid, every order with StopLoss. 


A click on 'Next Buy' or 'Next Sell' trigger a trade at the next change of the hour.

To see the buttons the setting 'ButtonSize' must be not 0. Details in the settings.

When a button is active it changes the color, see screenshots.



Settings

  • Auto_Moneymanage: auto money management On or Off

  • MiniLots: if true, Auto_Moneym. has steps of 0.01 lot

  • MaximumRisk: % of account free margin set on risk for a trade

  • Lots: lot size if Auto_Moneym. is disabled


  • StopLossBuy: distance of stop loss under the candle low in points

  • TakeProfitB: points profit when a buy order is closed 

  • SLtoEntryPointsBpoints profit when stoploss is set to entry price

  • SLtoEntryOffsetBpoints the stoploss is set over entry price

  • StartTrailPointsBpoints profit when traing stop starts, trail deactivated if set 0 

  • TrailDistancePointsB: points distance the stoploss is set 

  • Then follow same setting for Sell orders

  • HrFriClose: hour when the EA closes open orders Fridays (24 = disabled)

  • magic: magic number

  • DrawLines: draws Highs and Lows of former days, weeks in the chart. Mouseover shows the name of the line.

  • The lines give orientation. More info about the lines in the description of the indicator: Support Resistance Free   

  • ButtonSizeif not 0 two buttons appear left side in the chart. One digit from 1 to 8 changes the button size. 

  • Set one digit before it sets the buttons lower in the chart. So e.g. 34 shows 2 medium size buttons a little under the top.


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FxProTrader is a multifunctional half-automatic trading system that allows you to trade both manually and automatically . The algorithm includes 3 automatic trading strategies (1 trend and 2 flat). The trader independently analyzes the trading situation and makes a decision on which trading strategy to include. Attention! Not all buttons work correctly in the strategy tester. Presented in the form of 4 graphic panels: 1 Panel - the main trading panel responsible for manual trading. Allows
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TakePropips TradePad Pro  (MT4) includes a powerful trade manager, equity protection, currency strength meter, account reporting tools, risk management tools, and more! It is the perfect companion for manual traders and prop-firm traders. It is one of the most advanced forex trade manager and trade assistant that you will ever come across! It is the perfect solution for traders who wants a more efficient way of managing trade transactions. You can download the user manual and installation guide
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The unique Levels EA trades dozens of profitable strategies in any chart. All  strategies  are   easy to understand,  can be edited and changed to trade other strategies, currencies, CFDs or timeframes. A handful of strategies can be  downloaded in the Comments section  and with some time and patience everybody can program own trading strategies without programming knowledge. With a little analytical mind it should be easy. No martingale, no grid, always just one order open with StopLoss. Levels
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Buy the dip - sell the spike. This simple strategy, executed with limit orders, makes slippage your friend. The extended Take Profit sets no limits to profits, often profits far above the normal scalping profit are achieved. See screenshots below. No martingale, no grid, always just one order open with StopLoss.  Live Signal:  https://www.mql5.com/en/signals/1495331   The default settings   are for   GBPUSD M5   chart.   Timing is important!   Set   SetUTC   (GMT) according to the timezone
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Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It keeps trading activity low in the difficult rollover hour when the spreads widen and liquidity is low.  It   starts trading  one hour before   the 'usual' night scalping time to take profit without swap and before   spreads widen - if possible . If a trade is open it   does not   open trades in correlating currency pairs.   It   needs   no set files   and works fully automatically
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Scalpelo is a unique full automatic trading system that cuts many small chunks out of market movements non-stop 24 hours a day  with surgical precision. In EURUSD it opens trades with limit orders, so slippage becomes your friend and internet speed is not an issue. NO   m artingale, grid trading or other dangerous method used, that at the end erases your account.  Always just one order open with StopLoss.  Live Signal >>      The default settings   are for   EURUSD M5   chart. Settings SetUT
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