Description
NeoCentury EA_ex4: Automated Trading with MACD, ATR, and Moving Average.
💡 What is NeoCentury EA?
Thank you for reading this post, don't forget to subscribe!NeoCentury EA is an Expert Advisor (EA) designed for Forex trading, integrating advanced technical analysis using MACD, ATR, and Moving Average (MA). It features a Dynamic Martingale System for effective risk management and profit maximization. Developed using FxDreema and programmed in MQL4, this EA is highly flexible, allowing traders to customize settings and adapt strategies to different market conditions.
📈 Trading System of NeoCentury EA_ex4
🚀 Core Trading Strategy:
Indicator-Based Analysis:
- MACD (Moving Average Convergence Divergence): Identifies buy and sell opportunities by analyzing crossovers between the MACD line and the Signal line.
- ATR (Average True Range): Measures market volatility to avoid entering trades during high-spike movements.
- Moving Average (MA): Determines overall market trends, both short-term and long-term.
Buy/Sell Order Execution:
- Automatic order execution when technical conditions align.
- Pre-trade validation system ensuring optimal trade entry based on MACD, ATR, and Pending Order conditions.
Dynamic Martingale Risk Management:
- Adjusts lot sizes dynamically in response to losing trades, following Dynamic Martingale principles to recover losses effectively.
- Supports Auto Lot sizing, adapting trade size based on available capital.
💼 Recommended Starting Capital:
- Cent Account: Minimum $100 USD (0.01 lot size).
- Standard Account: Minimum $5,000 USD (0.01 lot size).
🛠️ Trade Closing System:
- Percent Cut Loss: Closes trades automatically when a set loss percentage is reached, preventing excessive drawdown.
- Check Profit (Unrealized): Auto-closes all open positions once profit targets are met.
- HTTP Request Alerts: Sends real-time trade closure notifications for seamless monitoring.
⚠️ Risk Disclaimer:
- Forex trading involves significant risk; capital loss is possible.
- Backtesting with 99.9% Tick Data is recommended before live implementation.
NeoCentury EA simplifies automated trading, making it accessible for traders at all levels while ensuring adaptability across diverse market conditions.
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NeoCentury EA, Forex EA, Expert Advisor, MQL4, MetaTrader 4, Automated Trading, Dynamic Martingale, Risk Management, ATR, Trailing Stop
