Money Printing Machine MT5 Bargain Hunter
The fundamental difference in Stocks compared to Forex market is that the stock price of financially sound companies will grow over time.
However, from time to time, the stock price will dip or fall due to institutional profit taking, short-term under-performance and macro adverse economic news.
This opens up great a opportunity to then enter the trade. This is where the Money Printing Machine MT5 Bargain Hunter EA comes in handy!
The Money Printing Machine MT5 Bargain Hunter EA is designed to trade in the Stocks CFD market.
This EA has been tested to work well in the following symbols:
This EA can be configured to execute Buy only or Sell only orders.
On top of that, this EA is coded in MT5 so that all viable Stock symbols can be simultaneously backtested for overall profit viability and risk assessment.
Also, this EA only needs to be attached to 1 chart to trade all the user-specified symbols.
Basing on the buy low, sell high principle, the EA will monitor and look for the best opportunity to enter a trade when the price dips to a user specified percentage, subsequently when the price dips further, the EA will enter a subsequent trade based on the next lower level percentage specified by the use; up to 10 levels in total.
Along with each lower level, the lot size can be configured to increase or decrease by the user.
The user can configure the TimeFrames, Percentage Drop/Rise levels & Lot Size.
An extensively backtested settings file is provided in the Comments section & Telegram Group Channel.
Users will need to have an account with broker that provides CFD trading. For example: XM, AVAFX, Dukascopy etc.
Users will need a capital of at least 20k due to the higher margin requirements in the Stocks CFD Market.
Official Telegram Channel for this EA is below: