If you're diving into indices trading, you'll want to check out this Expert Advisor (EA) designed for MetaTrader 5. This tool simplifies your trading experience by focusing solely on buy positions. One key feature is that it doesn't utilize stop-loss (SL) or take-profit (TP) settings, which can be a game-changer for those who prefer a more hands-off approach.
Configuration Settings
Here’s a quick rundown of the primary settings you’ll be dealing with:
- General Settings:
- Comment
- Start Trading
- End Trading
- Order Closure
- Risk and Money Management:
- Lot Size
- Maximum Open Positions per Symbol
- Daily Deal Limit per Symbol
This EA was tested using standard settings with an initial account balance of $10,000 and a leverage of 100, trading the US30 index.
With its straightforward design, this EA could be just what you need to streamline your trading strategy. Happy trading!
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