Hey fellow traders! Today, let’s dive into how the x1 EA (Expert Advisor) operates on MetaTrader 4 and how it can enhance your trading strategy.
How the x1 EA Works
- Simultaneous Trades: The x1 EA opens two positions at the same time—one buy and one sell—using a lot size of 0.1. You can set your take profit level through the order_profit parameter.
- Reopening Positions: Once a position is closed, whether it’s a buy or a sell, the EA places new trades with a reduced lot size, continuing the cycle.
- Profit Target: When your total profit hits the target specified by my_profit, all open positions will close, and the process starts all over again.
- Lot Size Reset: If the lot size falls to zero, the EA will reset and begin again with a lot size of 0.1.
Results of Testing
Using the x1 EA can streamline your trading and help you maximize profits while minimizing risks. Make sure to test it out and see how it fits into your trading style!
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