Dynamic Trader EA MT4 外汇EA

Elevate your trading experience with Dynamic Trader EA MT4, a cutting-edge trading robot designed to optimize your investment strategy. This advanced algorithm harnesses the power of four key indicators: RSI ( Relative Strength Index ), Stochastic Oscillator, MACD  ( Moving Average Convergence Divergence ) and ATR ( Average True Range ) to make informed and precise trading decisions. ATR is used to dynamically set stop-loss and take-profit levels based on market volatility.

Recommendations
Currency pair: XAUUSD Timeframe: M5 Minimum deposit : $1000 Account type: Any  

Specifications

Trade : EURUSD, GPBUSD, NZDCAD, NZDUSD, XAUUSD, XAUEUR, XAUAUD Very easy to install.

Use a VPS for the EA to work 24/7 (Highly Recommended)

Setting

The EA works fine with indicators default parameters.

Buy orders ( Long trades ) : Stop Loss is set to Bid price-ATR*ATRMultiplier_For_StopLoss

Take Profit is set to Bid price+ATR*ATRMultiplier_For_TakeProfit

Sell orders ( Short trades ) : Stop Loss is set to Ask price+ATR*ATRMultiplier_For_StopLoss

Take Profit is set to Ask price-ATR*ATRMultiplier_For_TakeProfit

The EA uses an exit strategy based on a number of bars ( MaxTradeDurationBars ). If you set UseStopLoss to false ( default ), then ATRMultiplier_For_StopLoss should be set to 0, in this case the exit strategy will be applied. If you set UseStopLoss to true, then set ATRMultiplier_For_StopLoss. If you set UseTakeProfit to false, then ATRMultiplier_For_TakeProfit should be set to 0, in this case the exit strategy will be applied.

If you set UseTakeProfit to true ( default ), then set ATRMultiplier_For_TakeProfit.

Setting up ATRMultiplier_For_StopLoss and ATRMultiplier_For_TakeProfit depend on the asset traded and timeframe.

If your account type is Netting then set Hedging mode to false and adjust MaxOpenTrades, MaxLongTrades, and MaxShotTrades.

Examples :

For Netting accounts, you may set  MaxOpenTrades=1,  MaxLongTrades=1,  MaxShotTrades=1, you will trade one direction ( Long or Short )

For Hedging accounts,  you may set  MaxOpenTrades=2,  MaxLongTrades=1,  MaxShotTrades=1, you will trade in both directions ( Long and Short at the same time )