Description
Trend Seeker MTG EA_ex4: Dynamic Martingale Strategy with RSI and ADX Indicators.
📈 What is Trend Seeker MTG EA?
Thank you for reading this post, don't forget to subscribe!The Trend Seeker MTG EA is an Expert Advisor (EA) developed using the Fxdreema tool and compiled into an EX4 file for seamless use on the MetaTrader 4 platform. This EA utilizes a Dynamic Martingale system combined with analysis from the RSI (Relative Strength Index) indicator to identify market reversal signals. It also uses the ADX (Average Directional Index) to filter trades in No Trend market conditions, enhancing trade accuracy.
🔍 EA Structure
The structure of Trend Seeker MTG EA consists of the following key components:
- Area 1: Uses the RSI indicator to detect reversal points and set conditions for Buy Now / Sell Now orders
- Area 2: Implements Dynamic Martingale with the ADX indicator to filter signals and maintain efficient trade execution
- Area 3: Monitors unrealized profits using Check Profit Unrealized and manages order closures with Percent Profit All By Order
- Area 4: Utilizes Custom MQL Code to close all trades when set conditions are met
🌟 Key Features of Trend Seeker MTG EA
- Dynamic Martingale System: Increases profit opportunities with automatic lot doubling (Autolot) when prices reverse
- Full Input Customization: Allows flexible settings to align with user strategies
- Break-Even System for Orders Exceeding 3 Lots: Minimizes risk and prevents excessive losses
- ADX Signal Filtering: Ensures accurate trade execution in No Trend market scenarios
💼 Technical Information
- Recommended Initial Capital: $1000 USD per 0.01 lot (Standard)
- Lot Size Type: Autolot automatically adjusts lot size based on capital
- Trade Closing System: Percent Profit ALL By Order, Cutloss
- Trading Symbol: EURUSD
- Timeframes: 1 Hour
⚠️ Warnings and Precautions
- Users are fully responsible for trading risks
- Perform Backtesting with Tick Data 99.9% before live trading
- It is recommended to start with a Demo Account before using a Real Account
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Trend Seeker MTG EA, Automated Trading, MQL4, Expert Advisor (EA), Martingale System, RSI Indicator, ADX, Autolot System, Percent Profit All, EURUSD
