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Semi Auto OTE EA

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Published: 27 January 2023

Current version: 3.0

Semi Auto OTE EA

Utilities
Jonathan Luu
Version: 3.0
Updated: 20 March 2023

This is a Semi Automated OTE EA based on the free teachings of ICT. One of the biggest challenges in trading is related to executing and managing trades. After analyzing charts, draw an OTE Fibonacci and turn on the EA. It will automatically execute orders based on the Fibonacci level of your placement and protect any open positions when in profit. Please review the documentation that accompanies this product.

Auto Lot Calculation Based on Risk Percent ✅
Auto SL and TP ✅
Auto BE ✅
Risk Percent or Dollar Amount ✅
Works on all time frames and any pair ✅
Stops trading if stop is hit ✅
Lifetime Updates ✅
Adjustable TP based on Fib Level ✅

Requirements:
EA needs to be turned on through MT4 with an internet connection. Both MT4 and internet must continue to stay on for the EA to work.

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Version 3.0 2023.03.20

Added a "Move" button, this will move the 0% on the fib setting everytime it makes a new low (for sells) or new high (for buys). Movement dependent on zig zag indicator but doesn't require indicator to be on the chart. Play around with the settings based on the time frame you trade. I use between 20-30 for my zz depth when trading 1m charts.

Version 2.0 2023.02.28

Updated and made free with easy to pull up fibs for sell and buy orders. Max lot 0.10