Shovel Head
- Experts
- Jason Edward Todt
- Version: 1.0
- Activations: 5
Unlock Your Trading Potential with Our Exclusive Expert Advisor!
Introducing our cutting-edge MetaTrader 4 Expert Advisor designed to revolutionize your trading experience. Developed by the experts at Live Oak Forex Trading Company, this powerful EA is packed with features to elevate your trading game and maximize your profits. Here's why you should consider making it an essential part of your trading arsenal:
This EA can be used either as an indicator with multiple choices of notifications (Including email), or as a fully operational and fully customizable EA.
1. Profitable Trading Logic:
Our EA is equipped with a sophisticated algorithm that leverages advanced technical indicators, including exponential moving averages (EMAs) and the MACD indicator. It intelligently identifies optimal entry and exit points for both long and short positions.
2. Risk Management at Your Fingertips:
Take control of your risk with customizable external parameters. Set your preferred lot size, define maximum risk per trade, and adjust the EA's behavior based on your risk tolerance. Our EA puts you in the driver's seat.
3. Intelligent Trailing Stop:
Safeguard your profits with our intelligent trailing stop mechanism. Watch as the EA dynamically adjusts to market conditions, securing gains while allowing room for potential growth.
4. Move to Breakeven Feature:
Say goodbye to losses! Our EA includes a unique "Move to Breakeven" function that automatically adjusts the stop loss to protect your initial investment after reaching a predefined profit level.
5. Fractals for Market Reversals:
Stay ahead of the market with our Fractals feature. Identify potential reversal points and seize opportunities to capitalize on market shifts.
6. Optimal Lot Size Calculation:
Take the guesswork out of lot sizing. Our EA calculates the optimal lot size based on your risk preferences, ensuring a personalized and efficient trading strategy.
7. Easy-to-Use and Customize:
Whether you're a seasoned trader or a beginner, our EA is ready to go out of the box, and it is user-friendly and fully customizable. Tailor it to fit your trading style and preferences effortlessly.
8. Expert Support and Updates:
Join a community of successful traders who trust our EA for consistent results. Benefit from expert support and regular updates to keep your trading strategy ahead of the curve.
Unlock the full potential of your trading journey with our exclusive Expert Advisor. Trade confidently, minimize risks, and amplify your profits. Don't miss out on the opportunity to transform your trading experience – secure your copy now!
Here is a list of Customizable options at your finger tips:
1. Main parameters
1.1 Set Unique magic number.
1.2 All indicators used within this EA are fully customizable
1.3 Use as a fully automated EA, or use as an Indicator to show you where to take the trades
1.4 Sends email notifications, either when operating as an EA or when being used as an indicator
1.5 Play a custom sound when orders/executions are executed
1.6 Define colors to identify Buy/Sell orders
1.7 Turn pop-up messagebox alerts on/off (All notes will still be printed on the Journal tab regardless)
2. Money management
2.1 Turn on/off Risk Management
2.2 Set Risk Ratio
2.3 Configure Stop Loss.
2.4 Configure Take profit.
2.5 Define reduction factor
3. Time limits
3.1 Customizable amplitude depth
3.2 EA Start and Expiration time in hours
3.3 Limit trading time
3.4 Trading start hour
3.5 Trading end hour
3.6 Define how many bars/ticks to count
This EA offers the user a few options to secure profitable trades by breaking even or a fully customizable trailing stop.
If an open trade gains your customized setting in pips, it's stop loss is moved to the entry price for a risk-free trade. Later if the trade gains more pips, the trailing stop function comes in.
Trailing stop maintains a distance between market price and trade stop loss of your customized setting. At some point, price will hit either the adjusted stop loss or take profit of whatever you set it to.
In both cases the trade ends up a winner.
Note:
Trading in forex is speculative in nature and not appropriate for all investors.
Investors should use risk management because there is always the risk of substantial loss.
Past results and back testing are not necessarily indicative of future results.
Anyone interested to know the true potential must consider implementing this EA on a demo account and running parallel tests with various settings to determine best results.
Also, check the max spread limit number to avoid entering trades during high spread sessions.
The longer the time period of the chart, the more reliable the reversal.
