Description
Divergence Genius MTG EA_ex4: Analyzes the Divergence between price and indicators such as RSI, MACD, and Stochastic to identify market reversal points.
💡 What is Divergence Genius MTG EA?
Thank you for reading this post, don't forget to subscribe!Divergence Genius MTG EA is an Expert Advisor (EA) designed to help traders capitalize on the Forex market using a Divergence trading strategy. Developed using FxDreema and compiled into an EX4 file for MetaTrader 4 (MT4), this EA focuses on analyzing the Divergence between market prices and indicators such as RSI, MACD, and Stochastic to pinpoint potential market reversal points.
🔍 EA Structure Trading System:
- Utilizes Divergence between price and indicators to generate trading signals.
- Opens Sell Orders when the price creates a Higher High while the indicator shows a Lower High (Bearish Divergence).
- Opens Buy Orders when the price creates a Lower Low while the indicator shows a Higher Low (Bullish Divergence).
- Incorporates Condition and Formula blocks to calculate accurate trading signals.
Martingale System:
- Implements a Dynamic Martingale system that increases lot size following a losing trade.
- Uses ADX to evaluate market conditions, opening additional orders to average price when the market is Trendless.
Risk Management:
- Monitors unrealized profit using Check profit (unrealized).
- Features a Trailing Stop to secure profits and reduce losses.
- Automatically closes orders when the set profit target is reached.
🌟 Key Features of Divergence Genius MTG EA
- Divergence Trading Strategy: Offers high accuracy by analyzing price and indicator divergences.
- Dynamic Martingale System: Enhances recovery opportunities during drawdowns.
- Smart Risk Management: Includes Trailing Stop and Dynamic Stoploss for optimized safety.
- User-Friendly Interface: Suitable for both beginners and advanced traders.
💼 Technical Specifications
- Recommended Starting Capital: $100 USD (Cent) or $1,000 USD (Standard)
- Lot Management: Autolot system to adjust lot size based on equity
- Order Closing System: Dynamic Stoploss & Trailing Stop
- Trading Pairs: EURUSD, GBPUSD, XAUUSD
- Timeframe: 1 Hour
⚠️ Warnings and Precautions
- Perform a Backtest with 99.9% Tick Data before live trading
- Test in a Demo Account to understand the EA’s behavior
- Martingale strategies carry high risk; ensure proper money management
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Divergence Genius MTG EA, Forex Trading, Expert Advisor, MQL4, MetaTrader 4, Divergence Strategy, Martingale System, Automated Trading, Risk Management, Trailing Stop
