Gap Professional EA V1.4 MT4 is an innovative trading system designed to capitalize on the patterns of price gaps in the forex market. Gaps often occur due to significant market events, holidays, or important news releases, leading to sharp price movements. This Expert Advisor (EA) identifies these gaps and strategically enters trades aimed at profiting from the gap closure phenomenon, where prices tend to return to their pre-gap levels. With advanced features such as tick criterion analysis, trailing stops, and automatic money management, Gap Professional EA ensures precise and efficient trading even in adverse market conditions. Its ability to adapt to different market scenarios and handle multiple currency pairs simultaneously makes it a versatile tool for both novice and experienced traders.

Key Takeaways:

• Profits from gap closure phenomenon
• Advanced tick criterion analysis for precise entry
• Versatile across multiple currency pairs
• Comprehensive risk management features
• Suitable for various market conditions

Key Features:

• Gap Identification: Recognizes gaps and measures their magnitude.
• Tick Criterion Analysis: Determines movement towards gap closure with minimal lag.
• Trailing Stops: Reduces trading risks with different trailing types.
• Automatic Money Management: Adapts lot sizes based on accumulated funds.
• Multi-currency Trading: Supports simultaneous trading on several pairs.
• Protection Mechanisms: Equipped with interlocks for stable operation.

Gap Professional EA Setting & Recommendations:

• Platform: MT4
• Currency pairs: GBPJPY (best results)
• TimeFrame: Not specified (optimized for general market conditions)
• Minimum account balance: $10
• Preset: Specific set-files for each currency pair
• VPS: Recommended for stability and performance
• Broker: Preferably with low spread and slippage, high leverage (1:500 or more)

How the Strategy Works

1. Gap Identification: The EA is equipped to detect the formation of gaps on currency pair charts. It measures the magnitude of these gaps and analyzes the subsequent price behavior to decide on market entry.
2. Gap Closure: A key principle of gap trading is that prices tend to return to their original levels after a gap. This EA takes advantage of this phenomenon by entering trades in the direction of the gap closure, aiming to profit from the price’s movement back to its initial value.
3. Tick Criterion Analysis: The EA uses a tick criterion to accurately determine the beginning of the movement towards the gap closure. This method is almost inertialess, allowing the EA to capitalize on price movements swiftly and effectively.
4. Position Management: Once a position is opened, the EA employs various trailing methods to manage the trade. These methods include simple trailing and trailing by extremes of candles, which help reduce trading risks and protect profits.
5. Automatic Money Management: The EA adapts the lot size for each trade based on the accumulated volumes, allowing for reinvestment of profits. This feature makes the trading process both safe and efficient.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

Experts:

• Gap Professional EA V1.4 MT4.ex4

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.