Cable Champ

Introducing "Cable Champ" - Your GBPUSD Swing Trading Expert Advisor for MT4!


BACKGROUND:


Step into the rich historical significance of the GBPUSD currency pair, affectionately known as "Cable." Dating back to the early 20th century, the name originated from exchange rates transmitted via a transatlantic cable between London and New York. Today, GBPUSD remains a global powerhouse, linking the British Pound (GBP) and the US Dollar (USD) as one of the most actively traded pairs in the forex market.


Cable Champ is an exceptional EA built on a carefully crafted swing trading strategy, exclusively tailored for GBPUSD. It leverages 4 essential elements to optimize trading performance:


1. Price Action Precision: Utilize the power of advanced price action analysis, uncovering hidden patterns and trends in GBPUSD for calculated trading decisions.


2. Smart Money Concepts: Gain a competitive edge by following the trail of institutional investors and "smart money," aligning trades with significant market moves.


3. Institutional Key Levels: Pinpoint pivotal support and resistance levels with precision, empowering your trades with strategic reference points.


4. Currency Pair Correlations: Master the art of leveraging GBPUSD's correlations with other pairs, refining trading decisions and elevating accuracy.


EA FEATURES:


Modes of Entry:


- Trend: Opt for "Trend" mode, and Cable Champ will trade exclusively in line with the prevailing market trend, boosting your chances of success during established movements.


- Trend+Reversal: In "Trend+Reversal" mode, Cable Champ spreads its wings, capitalizing on all setups regardless of the overall market trend, ensuring no opportunity goes unnoticed.


Optimal Time:


- Time of Day: Watch Cable Champ come alive during specific "killzones" when GBPUSD experiences heightened volatility, seizing the most promising opportunities.


Optimal Price:


- Institutional Key Levels: Capitalize on market dynamics as Cable Champ precisely targets institutional key levels, strategically initiating trades for enhanced precision.


Optimal Risk:

- SL % of Price Deviation: Embrace dynamic stop-loss (SL) management as Cable Champ sets the stop-loss as a percentage of price deviation. This intelligent feature accommodates market volatility, allowing you to stay in trades longer while protecting your capital during uncertain market movements.

- Base % Risk: Take charge of your trade size with Cable Champ's adjustable Base % Risk, tailored to your risk appetite, for a personalized trading journey.


- Max % Risk: Safeguard your capital with the Max % Risk feature, limiting drawdowns during turbulent market conditions.


- Tapering Risk: Adapt to the ebb and flow of the market with Tapering Risk, reducing position sizes in losing streaks and increasing exposure in winning runs, promoting optimum risk management.


Advanced Trade Management:


- Breakeven: Embrace risk-free trades with Cable Champ's intelligent Breakeven mechanism, securing gains and minimizing potential losses.


- Trail Stop: Secure profits while granting trades breathing space during favorable movements with Cable Champ's dynamic Trail Stop feature.


- Trail Profit: Let Cable Champ trail profits, and provide timely exits for less promising trades.


RECOMMENDATION:


To unlock the true potential of Cable Champ, we recommend adhering to these vital steps:


1. Download Sufficient Historical Data: Empower Cable Champ's strategy by ensuring ample historical data for GBPUSD, EURUSD, USDCHF, and the Dollar Index.


Steps to Download Historical Data in MT4:


a. Launch MetaTrader 4 (MT4) and navigate to the "Tools" menu.


b. Select "History Center" or press F2 on your keyboard to open the History Center.


c. Choose your desired currency pair, such as GBPUSD.


d. Double-click on the preferred time frame (e.g., 1-minute, 5-minute, 1-hour) to access the data.


e. Click "Download" to obtain comprehensive historical data.


f. Repeat the process for EURUSD, USDCHF, and the Dollar Index to optimize data coverage.


2. Utilize a Virtual Private Server (VPS): Supercharge Cable Champ's dynamic trade management system by utilizing a VPS, ensuring uninterrupted operations and a seamless trading experience.


3. Allow WebRequest: To use the news filter, please go to Tools --> Options --> Expert Advisors and tick the box "Allow WebRequest for listed URLs", then add the url provided in the news filter section of the EA inputs. This is so that the news filter can function.


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Vasilisa   is a professional fully automatic advisor using neural networks, adapted for trading the most popular currency pair EURUSD on the H1 timeframe. In the modern world of technology, neural networks are becoming a key element in various fields, including financial trading on the Forex market. This innovative neural network is a powerful tool designed to improve trading and improve the efficiency of financial decisions. Vasilisa is an advanced artificial intelligence-based system capable
Market Reversal Alerts EA
LEE SAMSON
4.4 (20)
Experts
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the reversal.
AW Classic MACD EA
AW Trading Software Limited
3.5 (4)
Experts
Fully automated trading system. A classic indicator is used as signals   MACD , which combines a trend indicator with an oscillator to detect entry points. Uses averaging, the function of closing the first and last basket orders and the function of automatic lot calculation. Has an advanced dashboard and three types of notifications. Problem solving ->   HERE  / MT5 version ->  HERE   /   Instruction  ->   HERE   Benefits: Fully automated trading system Easy setup and intuitive panel interface
AW Recovery EA
AW Trading Software Limited
4.39 (84)
Experts
The Expert Advisor is a system designed to recover unprofitable positions. The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures saf
Omega Code
Nguyen Hang Hai Ha
Experts
Introduction EA Omega Code is a core strategy that has been distilled over many years of research and optimization for the Forex and Gold markets. The strategy combines Scalper and Trailing to optimize performance and reduce risk. Trading orders have Stop Loss, Trailing for customization, and provide many other parameters to optimize the system to suit each user's trading plan. Promotion: with the purchase of Omega Code, users can access the source-code. If you are really interested in the sour
Golden Scalper PRO
Felipe Jose Costa Pereira
3.83 (12)
Experts
Golden Scalper PRO: Our Technology by Your Side! Manual and configuration files: Contact me after purchase to receive the manual and configuration files. Price: The price increases according to the number of licenses sold. Available copies: 3 Trading gold, one of the most volatile assets in the financial market, requires high precision, thorough analysis, and extremely effective risk management. Golden Scalper PRO was developed precisely to integrate these pillars into a robust and sophisticate
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Vladimir Pastushak
5 (10)
Experts
VR Lollipop is a unique automated trading strategy for trading the current market trend. The uniqueness of this robot lies in the use of a complex algorithm that allows you to gradually increase positions in accordance with the direction of the market trend. In this case, all open positions are automatically transferred to safe mode thanks to the breakeven function. A position is considered safe when the stop loss level is moved to the breakeven area. These complex operations are carried out usi
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