Pending Order EA v1.0 MT4 is designed around the Pending Position Strategy (PPS) and integrates an advanced trading algorithm. This strategy incorporates several key elements, including a custom indicator, trendlines, support and resistance levels, and a proprietary trading algorithm. These components form a cohesive system to optimize trade entries and manage positions precisely.
Key Features and Capabilities
- Advanced Trading Algorithm – The Pending Order EA’s algorithm plays a crucial role in the execution of trades. It incorporates a system for collecting statistics and controlling slippage, allowing the EA to assess the quality of a broker’s execution before placing an order. This helps mitigate potential issues arising from broker tactics, ensuring a higher level of protection for the trader.
- MultiCurrency Support on a Single Chart – The EA supports multi-currency trading, allowing users to manage positions across various currency pairs from a single chart. This feature simplifies the trading process by reducing the need for multiple charts and enabling a more streamlined trading experience.
- News Filter and Auto GMT Time – To further enhance trading accuracy, the Pending Order EA includes a news filter to avoid trading during high-impact news events. Additionally, it automatically adjusts for GMT time, ensuring that the EA operates according to the correct market timings without requiring manual input from the user.
- Martingale and Averaging: This EA does not employ the Martingale strategy, which is known for doubling down on losing trades. However, it does use an averaging strategy. This entails trading several deals simultaneously. While averaging carries its risks, it’s less hazardous compared to Martingale. Yet, potential users should be aware of and weigh their risk appetite accordingly.
Please test in a demo account for at least a week first. Then, please familiarize yourself with and understand how this Pending Order Robot works, and then only use it in a real account.
Open Tools –> Options –> Expert Advisors. Check the option “Allow WebRequests for listed URL” Add the following: “https://ec.forexprostools.com”, “https://www.worldtimeserver.com” and press “OK.” The EA takes news from the specified websites.
Recommendations for Pending Order EA
- Minimum of 1000$ standard account or equivalent cent account for 0.01 lot and 3 Pairs and Trading 2 pairs at the same time.
- Work best on EURCHF, EURGBP, and EURUSD. (Work on any currency pair)
- It works best on H1 and H4. (Work on any TimeFrame)
- This Pending Order EA should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS.
- The EA is NOT sensitive to spread and slippage. But We advise using a good ECN broker.
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:
- Pending Order EA.ex4
- XAU DAILY.set
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You can get it free if you signup Exness with our referral link
https://one.exnesstrack.net/intl/en/a/s020wlktrj
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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.
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