Profit Maker V3 EA MT4 is an automated trading system designed for the EURUSD currency pair on the 30-Minute timeframe. Operating within the popular MetaTrader 4 (MT4) platform, it employs a proprietary algorithm based on triangular moving average (TMA) parameters to identify entry points. Traders can benefit from its autonomous operation and trailing profit approach, although it’s essential to demo test and apply proper money management strategies.
Introduction
The Profit Maker EA V3 MT4 is an automated trading system that aims to simplify trading for both novice and experienced traders. Let’s delve into its features, strategy, and settings.
Key Features
- Fully Automated: The EA operates autonomously once set up, requiring minimal intervention from traders.
- Proprietary Algorithm: It utilizes a unique algorithm based on triangular moving average (TMA) parameters for precise entry points.
- Risk Management: Traders are advised to demo test the EA and implement appropriate money management strategies to mitigate risks.
- Customizable Schedule: Flexibility to customize trading hours according to specific times of the day or week.
Strategy
The Profit Maker V3 EA focuses on the EURUSD currency pair within the 30-minute timeframe. Here’s how it works:
- TMA Analysis: The EA uses a proprietary algorithm based on TMA parameters to analyze market conditions.
- Entry Points: It identifies optimal entry points based on TMA signals.
- Trailing Profit Approach: The EA dynamically adjusts profit levels to protect against losses.
Settings
- Magic Numbers: Unique identifiers for trades, allowing differentiation between different EAs or instances.
- Lot Sizes: Determines position size in the market.
- Mode of Calculation: Choose from simple, exponential, or smoothed TMA calculations.
- TMA Parameters: Adjust the period, shift, and type of TMA used by the EA.
- Max Number of Open Orders: Control the maximum simultaneous positions.
What’s in the package?
Experts :
- Profit Maker V3.ex4
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
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