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Buy Dip

Buy the Dip is an easy way to make money in the crypto and stock market.


Welcome to my product page. My name is Emanuel, I am from Romania and  I am a programmer with more than 10 years coding experience. I worked on many different projects independent and also with different companies.

I am a driven, passionate and fair person and I like to focus on results.


ROBOT INTRODUCTION

By the Dip was especially created for crypto, stock and indexes markets. The principle is pretty simple: when the robot is attached to the chart it opens a buy order with the lot specified and the order has a take profit set based on the profit decided by you. If the market declines with a percent you specify it will open a new order which can have a lot a litle bit bigger than the previous order. At each new order the take profit will be modified according to the profit you want. 

When the market recovers it will close all orders with profit.


EA SETTINGS

Input Name
Description
Notes / Examples  
Model (when to perform operations)

This is performed before it calculates if the decline percent is met.


When to check if it can open a new order:

  • On new bar = when a new bar starts

  • On new bar or no orders = when a new bar starts or there are no open orders

  • Every tick = on every price change   

The robot uses the selected timeframe from the MT4 toolbar!


The most conservative option is 'On new bar', while the most aggressive one is 'Every tick'.


Initial lot size
The first order will always have this lot size.

Lot multiplier
T he multiplier used to determine next orders lots

e.g.: if first order has 0.05 lots and lot multiplier is 1.333 the next order lot will be 0.05 * 1.333 = 0.06665 which is rounded and results in 0.07 lots


Most common multipliers used are: 1.1, 1.2, 1.33, 1.4, 1.66


Drop percentage
It will open a new order only when the actual price is < (drop percentage) of last order open price
e.g.: last order open price was 250; ‘Drop percentage’ is 10. A new order will be opened only when the price will be: 250 - (10% * 250) = 225
Profit per each 0.01 lot (account currency)
Define how much profit you need for each 0.01 lots of opened orders
e.g.: you have 3 orders opened which have in total 0.25 lots; ‘Profit per each 0.01 lot’ is 10€ which means the TP for all orders will be calculated so that when is reached the total orders profit will be: 0.25 / 0.01 * 10 = 250€
Magic Number

This is used by the expert advisor to open new orders. Needs to be a number, not characters.

If you use this EA on different charts you need to use a different magic number each time.



Rectangle width (Strategy Tester)
This is used only in Strategy Tester to display statistics. Based on you screen resolution you will need to adapt this value in order to see all statistics.


TESTING

All our backtesting is done using tick data, modeling quality is 99.90%. This provides the most accurate results

We’ve also incorporated our own statistics which provides much more information than the Strategy Tester Report tab does.


SUPPORT

Contact me on Telegram (please use ‘Buy the Dip’ as your first word) and based on your account type, balance and expectations I will provide you guidance. 

You can always count on full support. Do not hesitate to contact me for any problems / questions / ideas  you may have. I will respond for sure. 


OTHERS

  • We strongly recommend using a VPS with this robot. We recommend myforexvps.com because this is the one which we are using it for more than 1 year without any problems.


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Correct Approach   is a multi-currency multi-functional Expert Advisor that works on any time frame and in any market conditions. The robot is based on an averaging system with a non-geometric progression of building a trading grid. Built-in protection systems: special filters, spread control, internal trading time limit. Building a trading grid taking into account important internal levels. Possibility to adjust trading aggressiveness. The Expert Advisor comes with proven templates for vario
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Marzena Maria Szmit
4.46 (26)
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Marzena Maria Szmit
5 (4)
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5 (17)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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3.5 (2)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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4.1 (10)
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
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