Market / MetaTrader 5 / Experts /

The eTrader

200 USD

Demo downloaded: 32

Published: 24 April 2024

Current version: 1.1

The eTrader

Experts
Ramethara Vijayanathan
Version: 1.1
Updated: 30 April 2024
Activations: 10

After the purchase please send me a private message to receive the setup instructions.

Promotional Price: $200.00 Only one copy left at this price!. The price will be doubled zoon!

Live trades: myfxbook.com/members/RameVijay/etrader-5-risk-per-trade/10861516

Introducing eTrader Expert Advisor: Your Gateway to Smart, Sustainable Trading

Unlock the power of eight years of meticulous development with eTrader Expert Advisor. Crafted with precision and expertise, eTrader is not just another automated trading tool – it's a fusion of innovative strategies and resilient risk management techniques designed to elevate your trading experience.

eTrader leverages live trade ideas sourced directly from our dedicated trade server, providing you with real-time insights into market dynamics. By combining a diverse range of indicators, eTrader identifies trends with unparalleled accuracy, empowering you to make informed trading decisions.

What sets eTrader apart is its intelligent approach to trade execution. Trades are strategically split into multiple positions, each equipped with carefully calculated TP levels. Upon reaching the first target, eTrader dynamically adjusts remaining positions to break even, effectively minimizing risk while maximize the potential of each trade.

Unlike other expert advisors, eTrader avoids risky strategies such as martingale, averaging, and grid systems. Instead, every trade is meticulously backed by SL orders and multiple TP targets, ensuring a disciplined and responsible trading approach.

With eTrader, you can trade with confidence, knowing that your investments are safeguarded by a proven and reliable system. Whether you're a seasoned trader or just starting out, eTrader provides the tools you need to succeed in today's dynamic markets.

Experience the difference with eTrader Expert Advisor – your gateway to smart, sustainable trading. Unlock your potential and embark on a journey towards financial success with eTrader today.

Key Features:

Live Trade Insights: Harnesses real-time trade ideas from a dedicated server for informed decision-making.
Precise Trend Identification: Integrates multiple indicators to identify trends with accuracy and confidence.
Risk-Averse Approach: Avoids risky strategies like martingale, averaging, and grid systems for responsible trading.
Optimized Trading Outcome: Splits trades into multiple positions with tailored TP levels, maximizing trading outcome while minimizing risk.
Dynamic Trade Management: Adjusts subsequent trades to break even after hitting the initial TP level, ensuring consistent trading outcome.
Risk Mitigation: Incorporates SL orders to safeguard investments and manage risk effectively.

General Settings

Show EA Panel: Show or hide the EA Panel on the chart.
Magic Number: To differentiate between multiple instances of the same EA running on a single currency pair, it is important to modify the EA identifier value for each instance.

Risk Management

Risk Mode: There are 2 risk modes to choose from: Fixed Lots and Percentage of the Balance.
Fixed Lots: Lots per trade.
Risk Percentage of Balance: EA Calculates lot size based on your account balance.
Maximum Lots per Trade: Maximum number of lots that can be traded in a single transaction.

Using the Expert Advisor is designed to be straightforward and user-friendly. Simply attach it to one M5 XAUUSD/GOLD chart, choose your desired risk level, and let it trade accordingly. Avoid placing it on multiple charts to prevent potential conflicts.

Working symbol: GOLD or XAUUSD
Timeframe: M5
Broker: Not sensitive. But please use a low commission, low spread broker for best results
Deposit: $200.0 or above
Leverage: 1:100 or above
VPS Recommended for the EA to work 24/7
No Martingale
No Grid
No Averaging
No Over-optimization
Every trades are protected with SL and TP
Live trade history updated to the EA on a weekly basis

Before buying the eTrader EA, it's important to grasp the risks of trading. Just because it performed well in the past doesn't guarantee future success, as market conditions change. Testing it thoroughly across various market scenarios is crucial to understand its effectiveness. It's smart to start with small positions or on a demo account to manage potential losses while getting familiar with its performance. Overall, being cautious, informed, and practicing risk management is key to navigating the markets successfully.

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Version 1.1 2024.04.30

Live trade history updated