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Software
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Personal Finance & Investing
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SEMI-AUTOMATED FOREX TRADING EXPERT ADVISOR MT4
The Intelligent Trailing Stop!
| Start Price |
USD 75.00 |
| Current Price |
USD 75.00 |
| Time Left |
4 days 6 hours 55 minutes |
| Bid Count |
0 |
| Buy It Now Price |
- |
| Reserve Price |
- |
| Start Time |
Thursday, November 13, 2008 |
| End Time |
Monday, January 12, 2009 |
| Location |
West Hempstead, New York |
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See more about 'SEMI-AUTOMATED FOREX TRADING EXPERT ADVISOR MT4 '
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Description
INTRODUCING THE TC SOFTWARE 'INTELLIGENT TRAILING STOP' EXPERT ADVISOR! Whats wrong with some EA's? They are robotic trading systems that can never match the human brain and may only work for a limited time! Have you purchased any expert advisors and then tested them on either the strategy tester, a demo account or a live account only to watch them either crash and burn or hold on to trades so long waiting to make money that your margin is consumed or you margin out completely? Well I have and I got really tired of it. Sometimes you watch them make trades and you sit there saying "Don't go long - go short!" and then they are out of the money by several hundred pips and the thing sits there for a month waiting for the price to return to profitability while hundreds of other trading opportunities pass you by! My EA is semi-automatic - You tell it which way to go and it handles the rest! That's right semi-automatic. YOU must tell the EA which way to go, long or short, give it a stop loss and a target price along with a few other variables and watch it go! You must also tell it obviously how many lots to trade and how the trailing stop will move to either give the price room to fluctuate or conserve profits when you are in the money. It is simply amazing to watch it work. Have you ever wished for a better more intelligent trailing stop? I have it! This trailing stop closes the gap and moves the stop loss in closer if the price starts to move against you! Pip for pip! So if you start with a one hundred pip stop loss it will be reduced if the price movement moves against you and meets your other criteria, read the next paragraph . . . Tell the trailing stop to start moving at any point. - Whether in or out of the money! Have you ever noticed that the trailing stop that MT4 has will only move when you are in the money by the same amount i.e. with a 20 point trail you have to be in the money by 20 points before it moves? And then it only moves up when the price moves up with no other features? YOU tell this EA when to move the trail by telling it both the minimum profit level allowable to start moving and the minimum stop loss amount allowable. So for example you could have a minimum profit level of plus or minus 20 pips! So the stop loss could start moving closer and come up to meet your price even if you are out of the money in order to reduce and limit losses! Have you ever been really close to your target price and then the thing reverses on you? I have and I hate it! Then when you (hopefully) get close to the target price you may want to have the trailing stop move in real close to conserve profits in case of a reversal. This EA allows you to set a proximity level so that no matter what other settings you have, when it gets within, for example, 50 pips of your target price it will disregard all of your other minimums and bring the stop loss in real close if the price starts to move against you in a possible reversal move! This is a great profit saver, especially on trades with a target price that is set a hundred or more pips out! Great on screen reporting! - Always know where you are in the trade. The on screen reporting tells you what time your trade started, the current time, what your significant input parameters are, how far you are from the stop loss and target prices, and it flashes whenever it moves the stop loss! It can also put the top five pivots on the chart for you ( Daily Pivot, R1, S1, M2, M3) so you can get a better sense of where your target price is in relation to the price movement! Go long and short at the same time - with the right parameters and a choppy ranging price movement there is a chance that both trades could be profitable! This EA can handle two trades per chart instance and if you have some choppy price movement there is a chance that with the right parameters you could profit on both trades! I like to set it so that the stop loss and target prices and both small, about 20-40 pips each and the intelligent trail moves up fast when you are in the money, so I set the minimum profit level to zero. Comes with documentation and lifetime email support! I will email you the complete package. If you are going to use it on a live account, you must supply me with an account number so I can hard code it into the EA. Each purchase can be used for one live account and any demo accounts. Happy Trading!On Nov-21-08 at 14:27:47 PST, seller added the following information: SPECIAL NOTICE ADDED 11/21/08 The price of this EA is going up at the end of this auction's 30 day period!
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