Description
(Mqlrobot) Auto Lot Scalper Pro EA: The Ultimate Automated Trading Solution
The (Mqlrobot) Auto Lot Scalper Pro EA is a fully automated trading system designed to optimize Forex trading using dynamic lot sizing and grid trading strategies. Developed using MQL4 and Fxdreema, this Expert Advisor (EA) leverages custom MQL code to calculate automatic lot sizes based on market conditions, offering traders a high level of flexibility and risk management.
Thank you for reading this post, don't forget to subscribe!Key Features of the Auto Lot Scalper Pro EA
- Automated Trading: Executes buy and sell trades automatically based on custom MQL code and trading signals.
- Dynamic Lot Sizing: Utilizes a custom auto lot calculation to adjust position sizes dynamically based on account balance and risk settings.
- Grid Trading Strategy: Expands trade orders using the grid distance multiplier (Grid Distance x2) to optimize trade placement.
- Signal-Based Trading: Integrates bullish and bearish candlestick signals to trigger precise trade entries.
- Profit Management: Monitors trades and closes positions when the profit target or trade count limit is reached.
- Customizable Variables: Allows traders to modify grid distance, lot size, and trading signals to suit their strategy.
How the EA Works: Step-by-Step Strategy
1. Opening the First Order
- The EA starts by checking if no active trades are present.
- Analyzes market conditions using a sequence of bullish and bearish candle patterns.
- Executes buy or sell orders based on trading signals with dynamic lot sizing (Lots BS) determined by custom MQL code.
2. Grid Trading Strategy for Opening Additional Orders
- If trades are already active, the EA evaluates whether the price is within a viable range for adding more orders.
- Uses the ‘Grid Distance x2’ formula to calculate the optimal distance for placing new orders.
- Ensures no trades are nearby and confirms signals with specific candlestick patterns before executing additional buy or sell orders.
3. Closing Orders and Profit Management
- Monitors active trades and closes them when the profit target is achieved or when the trade count reaches the set limit.
- The EA then updates trading variables to reset and prepare for the next trading cycle.
- Maintains a ‘Bucket of Trades’ approach to manage and store trading data efficiently.
Why Choose the Auto Lot Scalper Pro EA?
- Advanced Risk Management: Automatically adjusts lot sizes to match the risk profile of the trading account.
- Scalping Efficiency: Ideal for high-frequency trading with precise entry and exit points.
- Custom MQL Code Integration: Offers enhanced functionality and flexibility compared to standard trading bots.
How to Get Started
- Download the EA from Mqlrobot.com.
- Install it in your MetaTrader 4 (MT4) platform.
- Backtest the EA with 99.9% Tick Data for optimal settings.
- Monitor performance and adjust inputs as needed.
Follow Us for Updates and Support
- YouTube: https://www.youtube.com/@mqlrobot
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- Contact Support: https://mqlrobot.com/contact-us/
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👉 Download the MQL File Now 👈
The (Mqlrobot) Auto Lot Scalper Pro EA is an innovative and effective tool for traders looking to automate their strategies with dynamic lot sizing and grid trading. Its advanced features, including custom MQL code integration and precise signal-based trade execution, make it a powerful addition to any trader’s toolkit. Get the EA today and take your Forex trading to the next level!
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