Deriv Risk management discipline
- Эксперты
- Md Rubel Islam
- Версия: 1.72
- Обновлено: 30 марта 2023
- Активации: 10
This EA is for only Deriv Synthetic indices.
Forex MT4 Version here: https://www.mql5.com/en/market/product/89114
Forex MT5 version here: https://www.mql5.com/en/market/product/89113
Hello traders,
I have created an EA to control our human behaviors. This EA will force us to be discipline exactly the way you will set. For examples,
1. If you set the maximum trades in a day= 3. You won’t be able to take any more trades in that day if you have already taken 3 entries,
2. If you set the maximum lot size for a particular instrument like Volatility 10=0.5 lot, you won’t be able to trade with bigger lot than 0.5, (You can set the maximum lot for every single instrument independently since not all indices/pairs don’t have same pip value).
3. Maximum trades in 30 minutes and 240 minutes to make sure that you can't enter twice to increase you lot size.
4. Maximum loss for a single trade= any amount which you want to set your SL at. If you want to risk 100$ per trade you can set it here and it will close the trade if it's losses goes to 100$. This will help you to hide your SL from broker and in case if you forget to put your SL.
5. You can set a maximum profit target for a single instrument and it will close that trade once that single trade hits the profit target, it won’t interfere any other opened trades.
3. Letting losses run,
4. Not using SL
4. Not taking profit even after enough RR.
My EA will ensure that you won’t be able to do any of the those above and I can guarantee you that you will make money in the long run as money management is the key to success in this world.
- Because of the nature of the EA, this EA cannot be tested in strategy tester.
- There are some extra inputs which have to be maintained as described in the screenshots.
- It is impossible to disable manual trade. So, the EA will close the trade immediately if it's open against your set rules in the EA.
- You can run the EA in one chart and it will work in all pairs or instrument.
Forex MT4 Version here: https://www.mql5.com/en/market/product/89114
Forex MT5 version here: https://www.mql5.com/en/market/product/89113