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PZ Pyramid EA MT4

Pyramiding is a method of increasing a position size by using unrealized profits from successful trades as margin for new ones. This Expert Advisor will pyramid your trades without your intervention. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Pyramid your successful trades easily
  • Make the most out of your winning trades
  • Fully configurable pyramiding behavior
  • Pyramiding is timeframe independent
  • Works for ECN/Non-ECN brokers and 2-3-4-5 digits
  • Takes random trades in backtest
  • Supports bidirectional trading
Usage is fairly simple:
  • Load the EA to the chart
  • Select amount of trades, spacing and pyramiding behavior
  • Enter stop loss and take profit in inputs (as % of balance)
  • Take the initial trade manually
  • Let the EA take care of the rest


Inputs

When loading the Expert Advisor to any chart, you will be presented with a set of options as input parameters, grouped in blocks.

  • Pyramiding Behavior
    This parameter instructs the EA what to do with the lot size of the pyramided trades: lot size can be the same as the original trade, decreased by half with each additional trade or doubled with each additional trade.

  • Pyramiding Action
    Use this parameter to close deals when you see fit.

  • Amount of trades
    This parameter controls how many trades can the EA pile up.

  • Initial Lot size
    The lot size of the first trade. The EA only trades in the tester, randomly. In live trading, you have to take the first trade randomly.

  • Stop loss and Take profit
    The stop loss and take profit are expressed as percentage of the current balance in EA inputs. The EA will close all trades of any given deal when one of these levels are hit, whichever happens first. The EA does not compute profits or losses caused in other pairs.

  • Other Settings
    You can select colors and sizes for the text and lines, magic number for the trades and custom comment for orders.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.


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Utilities
This program will allow you to export all of your trades from your MetaTrader account straight into Notion using a very friendly User Interface.  MT5 Version  |  User Guide + Demo To get started please use the User Guide and download the Notion Template. If you want a Demo please go to the User Guide. Does not work in the strategy tester! Main Features Export All trades from your trading account into your Notion Export Trades   from     the Last Day Export Trades   from     the Last  Week Expo
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Siarhei Vashchylka
5 (7)
Utilities
Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experi
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Anton Jere Calmes
5 (15)
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The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
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Take your trading to the next level with DFGX - our second generation Dynamic Fibonacci Grid. This new, powerful and easy to use application is specially designed and optimized for contrarian intraday trading, scalping and news trading on the Forex market. This system is the ideal solution for active professional traders and scalpers who are looking for innovative ways to optimize their strategy. The system also provides excellent opportunity for new traders who want to learn to trade in a syste
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