Market / MetaTrader 4 / Utilities /

Buy The Dip Util

69 USD

Demo downloaded: 13

Published: 15 July 2021

Current version: 1.0

Buy The Dip Util

Utilities
Heiko Kendziorra
Heiko Kendziorra
Spain

10860
2.7 (92)
13 products 1 signal 19 topics 35 comments
Version: 1.0
Activations: 10

Buy The Dip Util is an halfautomatic expert advisor (EA), to buy on dips (days lows) and sell on spikes (days highs).

A profit can exceed a loss trade up to 10 times, so the user can have several loss trades and still make profit.

Orders are opened at the change of the hour, if a button in the chart is pressed.

The Buy The Dip as EA does this automaticly.

The order stoploss is automaticly set right below the low of the former hour (buy) or right over the high (sell).

The position size is automaticly calculated, depending on the distance to the high or low and the set risk per trade.

The near stoploss together with the position sizing make a very effective money management.

The system provides a hidden takeprofit, a trailing stop or the user can draw a trendline as stoploss. Info about that in the last screenshot.

Buy The Dip Util draws automaticly trendlines into the chart, as suggestions. Here they have no function, other than in the Buy The Dip EA.

Buy The Dip as EA determines by an algorythm when to buy or sell for EURUSD and GBPUSD.

The Buy The Dip Util lets the decision to the user. Practice that trading in visual backtesting and live on a demo account before real trading!

Buy The Dip can be used in any currency or cfd. No martingale, no grid, every order with StopLoss.

A click on 'Next Buy' or 'Next Sell' trigger a trade at the next change of the hour.

To see the buttons the setting 'ButtonSize' must be not 0. Details in the settings.

When a button is active it changes the color, see screenshots.

Settings

Auto_Moneymanage: auto money management On or Off
MiniLots: if true, Auto_Moneym. has steps of 0.01 lot
MaximumRisk: % of account free margin set on risk for a trade
Lots: lot size if Auto_Moneym. is disabled

StopLossBuy: distance of stop loss under the candle low in points
TakeProfitB: points profit when a buy order is closed
SLtoEntryPointsB: points profit when stoploss is set to entry price
SLtoEntryOffsetB: points the stoploss is set over entry price
StartTrailPointsB: points profit when traing stop starts, trail deactivated if set 0
TrailDistancePointsB: points distance the stoploss is set
Then follow same setting for Sell orders
HrFriClose: hour when the EA closes open orders Fridays (24 = disabled)
magic: magic number
DrawLines: draws Highs and Lows of former days, weeks in the chart. Mouseover shows the name of the line.
The lines give orientation. More info about the lines in the description of the indicator: Support Resistance Free
ButtonSize: if not 0 two buttons appear left side in the chart. One digit from 1 to 8 changes the button size.
Set one digit before it sets the buttons lower in the chart. So e.g. 34 shows 2 medium size buttons a little under the top.

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Buy the dip - sell the spike. This simple strategy, executed with limit orders, makes slippage your friend. The extended Take Profit sets no limits to profits, often profits far above the normal scalping profit are achieved. See screenshots below. No martingale, no grid, always just one order open with StopLoss. Live Signal: https://www.mql5.com/en/signals/1495331 The default settings are for GBPUSD M5 chart. Timing is important! Set SetUTC (GMT) according to the timezone of

299 USD

Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It does not open trades in the difficult rollover hour when the spreads widen and liquidity is low. If a trade is open it does not open trades in correlating currency pairs. It starts trading one hour before the 'usual' night scalping time to take profit without swap and before spreads widen - if possible . It needs no set files and works fully automatically with the d

299 USD

Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It keeps trading activity low in the difficult rollover hour when the spreads widen and liquidity is low. It starts trading one hour before the 'usual' night scalping time to take profit without swap and before spreads widen - if possible . If a trade is open it does not open trades in correlating currency pairs. It needs no set files and works fully automatically

299 USD

Scalpelo is a unique full automatic trading system that cuts many small chunks out of market movements non-stop 24 hours a day with surgical precision. In EURUSD it opens trades with limit orders, so slippage becomes your friend and internet speed is not an issue. NO m artingale, grid trading or other dangerous method used, that at the end erases your account. Always just one order open with StopLoss. Live Signal >> The default settings are for EURUSD M5 chart. Settings SetUTC

299 USD

39 USD

Trade any currency, crypto, cfd or stock in any timeframe depending on 2 moving averages , from scalping to position trading. All parameters and functions can be modified and de/activated in the settings, there's no hidden algorithm. The Universal Moving Average Expert Advisor ( UniMA EA ) trades a simple strategy that works well with dozens of profitable settings. All backtest results shown in the screenshots below and tradet in the signals can be tested with the provided set files in the com

199 USD

Outbreak is a fully automated robot that follows breakouts in EURUSD. It opens several trades a day and closes them the same day. Always just one order open with StopLoss. More than 80% of the trades are profitable in historical backtests and in the Live trading signal >> Live tradingl of the second strategy here >> NO m artingale, grid trading or other dangerous method used, that at the end erases your account. Usually Outbreak is scalping the market, cutting small profits f

399 USD

Buy the dip - sell the spike of the US Tech 100 Index No martingale, no grid, always just one order open with StopLoss. Live Signal: https://www.mql5.com/en/signals/2196371 The starting price is only for the first buyers, next price USD 399 and every week that ends with a profit, it increases by another 100. The default settings are for the US 100 Tech(Cash) CFD M15 chart, the default lotsizes are for an account of USD 10000. The minimum account balance is USD 100 to trade 0.01 buy and

299 USD

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Buy The Dip Util

Heiko Kendziorra

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