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Fibonacci Trend Tracker

An expert advisor (EA) is an automated trading system designed to execute trades on behalf of traders in the financial markets. In the context of a buy and sell grid system of levels breakout, the EA is programmed to identify key price levels and initiate buy or sell trades when those levels are broken.

Here's a step-by-step description of how such an EA might work:

  1. Level Identification: The EA identifies significant price levels on the chart, such as support and resistance levels or trendlines. These levels act as reference points for potential breakouts.

  2. Grid Formation: The EA establishes a grid of buy and sell levels above and below the current price. The spacing between these levels can be predetermined or dynamically adjusted based on market conditions and the trader's preferences.

  3. Breakout Detection: The EA continuously monitors the price movement and compares it to the established levels. When the price breaks above a resistance level or below a support level, it triggers a breakout signal.

  4. Trade Execution: Upon detecting a breakout, the EA automatically executes trades based on the predefined rules. For instance, if the price breaks above a resistance level, the EA may initiate a buy trade. Conversely, if the price breaks below a support level, a sell trade may be initiated.

  5. Grid Management: As trades are executed, the EA manages the grid by adjusting the levels and spacing. It may close profitable trades at predefined targets or use trailing stop-loss orders to protect gains. Additionally, the EA may open new trades at new grid levels as the price continues to move in a particular direction.

  6. Risk Management: A well-designed EA incorporates risk management strategies to control exposure. It may include features like position sizing, stop-loss orders, or maximum risk limits to protect the trading account from excessive losses.

  7. Monitoring and Optimization: The EA continually monitors the market conditions, including price movements, volatility, and other relevant factors. It can be programmed to adapt its trading strategy, such as adjusting grid levels or spacing, based on real-time market data. Traders can also optimize the EA's parameters using historical data to enhance its performance.

It's important to note that the effectiveness of any EA, including a buy and sell grid system of levels breakout, depends on various factors, such as market conditions, the quality of price levels identified, risk management parameters, and the trader's overall trading strategy. Traders should thoroughly test and validate any EA before using it with real funds in live trading.


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Este EA fue una vez nuestro EA premium de uso interno, ahora disponible para todos después de mejoras adaptativas. Utiliza patrones estables de zonas horarias, genera órdenes casi a diario con una tasa de éxito muy alta y es particularmente adecuado para clientes con menor capital. Las pruebas retrospectivas utilizando el modo "Cada tick basado en ticks reales" de MT5 arrojan resultados muy similares al trading en vivo, sin ajustes y mostrando estabilidad a largo plazo, lo que indica una estrate
EA Top G
Mohamed Hassan
5 (7)
Current price of $50 for a limited time! Next price is: $85 Live Signal : Click here  -- Don't buy a fake backtest, get a real strategy on a real signal!  After purchase, If you genuinely like this robot, you can receive EA Interceptor for Free ! Contact me for more information regarding this BONUS ! EA TOP G  is a multi-currency expert advisor  based on trend following . It uses a hedge system with a very good risk management. It's an ideal candidate for CENT accounts and big balances. It
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
CyBRG RX Mt4
Arseny Potyekhin
5 (3)
Presentando CyBRG RX: El Asistente de Trading de Próxima Generación Adéntrate en el futuro del trading con CyBRG RX, tu compañero de trading de última generación diseñado para mejorar tu experiencia de trading. Aprovechando el poder de las redes neuronales avanzadas, CyBRG RX está diseñado para analizar y adaptarse a las cambiantes condiciones del mercado con una precisión inigualable. Señales:   Señal en vivo 1 Señal en vivo 2 Debido a que esta estrategia es tan única, solo quiero vend
Ai Hybrid Robot MT4
Mansour Babasafary
5 (3)
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
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Luiz Felipe De Oliveira Caldas
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