Forex Dominance
- Experts
- Versione: 1.0
- Attivazioni: 10
An advanced Expert Advisor powered by artificial intelligence and machine learning, specifically designed for analyzing Forex Market. It adapts to price movements and market fluctuations to detect potential trading opportunities.
Discounted price . The price will increase by $50 with every 5 purchases.
No Risky Strategies – Does not use martingale or grid methods
Artificial Intelligence Integration:
At the heart of this EA les a sophisticated AI engine capable of recognizing complex patterns in Forex Market price data. The system continuously processes historical and live price feeds to identify potential entry and exit points with a calculated, data-driven approach.
Adaptive Strategy:
Unlike static rule-based systems, this EA evolves with the market. It uses a flexible decision-making framework that adjusts to Forex’s unique volatility, trend strength, and market behavior.
Settings and Features :
News :
- News Enable : Enables or disables the news filter. When enabled, the EA avoids trading during high-impact news periods.
- News Importance : Selects the minimum news impact level (Low / Medium / High) that the EA will react to.
- News Minutes Before : Number of minutes before a news event during which the EA will stop opening new trades.
- News Minutes After : Number of minutes after a news event during which the EA will continue to block new trades to avoid volatility.
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You do not need to use any external links, as the built-in economic calendar in the MT5 platform is used.
Risk Management :
- Risk (lot) : Defines the base risk value used for position sizing, depending on the selected risk mode.
- Risk Mode : Determines how trade volume is calculated :
- Default : Uses the EA’s internal lot calculation.
- Fixed Volume: Trades with a fixed lot size.
- Min Amount: Uses the minimum allowed lot size.
- % of Equity: Risk is calculated as a percentage of account equity.
- % of Balance: Risk is calculated as a percentage of account balance.
- % of Free Margin: Risk is based on available free margin.
- % of Credit: Risk is calculated based on account credit.
- Trailing Stop : Enables or disables the trailing stop feature.
- Trailing Stop Level (%) : Percentage level at which the trailing stop follows price to lock in profits .
- Equity Drawdown Limit (%) : Maximum allowed equity drawdown. When reached, the EA stops opening new trades to protect the account (Set to 0 to disable).
Closing the position :
- SL Type : Defines how the Stop Loss is calculated:
- Swing: Stop Loss is placed based on recent swing highs/lows.
- Average Range : Stop Loss is based on the average price range.
- Max Range : Stop Loss is based on the maximum recent price range.
- Fixed Points : Stop Loss is set at a fixed number of points.
- SL Deviation (Points) : Sets the Stop Loss distance in points or adjusts its calculation depending on the selected SL type.
- TP Coefficient for SL : Take Profit is calculated as a multiple of the Stop Loss distance (Example: 1.0 = TP equals SL, 2.0 = TP is twice the SL).
Recommendation :
- Symbol currency : Forex Market; like : EUR/USD، GBP/USD، USD/JPY، USD/CHF، AUD/USD، USD/CAD، NZD/USD، EUR/GBP، EUR/JPY، GBP/JPY ...
- Time frame : 1H,30M.
- Try Demo account for the First 1-2 weeks to check your Broker.
- Use a VPS for the EA to work 24/7 (Mandatory)
If you have any questions or need any assistance, you can contact me.
After 2 weeks using Wave Rider, I could say it's really reliable and profitable