Description
Divergence Genius MTG EA (MQL4): Trading with Divergence Strategy.
💡 What is Divergence Genius MTG EA (MQL4)? Divergence Genius MTG EA (MQL4) is a highly customizable Expert Advisor developed using MQL4 language, allowing traders and developers to tailor the code to meet specific trading strategies. This EA employs a Divergence Strategy by analyzing price movements against popular indicators such as RSI, MACD, and Stochastic to identify potential market reversals and enhance trading opportunities.
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Order Execution System (Buy/Sell)
- Utilizes Condition and Custom MQL Code to accurately compute and process Divergence Signals.
- Implements ADX and RSI filters to improve trade signal accuracy.
Dynamic Martingale System
- Features a Dynamic Martingale strategy, automatically adjusting lot sizes when losses occur.
- Uses Modify Variables to update settings automatically, enabling quick adaptation to market conditions.
Risk Management
- Incorporates Check profit (unrealized) and For each Trade functions to close trades upon reaching profit targets.
- Automatically closes orders when the market moves contrary to expectations, minimizing risks.
🌟 Key Features of Divergence Genius MTG EA (MQL4)
- Customizable Code: Allows developers to modify MQL4 code to add features or refine trading strategies.
- Divergence Trading Strategy: High accuracy and applicable in all market conditions.
- Martingale Management: Helps reduce losses when trades do not follow the anticipated trend.
- Automated Trade Closure: Utilizes Dynamic Stoploss and Trailing Stop to lock in profits.
💼 Technical Details
- Recommended Starting Capital: $100 USD (Cent) or $1,000 USD (Standard)
- Lot Management: Autolot system, dynamically adjusts lot size based on account balance
- Trade Closure System: Dynamic Stoploss & Trailing Stop
- Trading Instruments: EURUSD, GBPUSD, XAUUSD
- Timeframes: 1 Hour
⚠️ Warnings and Precautions
- Perform Backtesting with 99.9% Tick Data before live trading.
- Start with a Demo Account to understand the EA’s behavior.
- Martingale trading strategies carry high risk; appropriate risk management is crucial.
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Divergence Genius MTG EA, MQL4, Forex Trading, MetaTrader 4, Expert Advisor, Divergence Strategy, Automated Trading, Martingale System, Risk Management, Trailing Stop.
