10Pips - expert for MetaTrader 4

10Pips – EA MetaTrader 4

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10Pips EA uses two moving averages to find 10 pips,has Trailing Stop Loss &Take Profit works best on 1 hour time frame major forex pairs and stocks NASDAQ.

Try it on demo first.

If you do not want to trade with increasing lot size when you lose  a trade set:”IncreaseFactor=0″

Inputs

    •  Use_TP_In_Money- Use Take Profit In Money (values:true/false).
    •  TP_In_Money- Take Profit In Money   (values: 10-100).
    • Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
    • TP_In_Percent- Take Profit In Percent (values: 10-100).
    • ————[Money Trailing Stop For Multiple Trades]———————-
    • Enable_Trailing-Enable_Trailing with money  (values:true/false).
    • Take Profit In Money (in current currency) (values: 25-200).
    • Stop Loss In Money(in current currency) (values: 1-20).
    • ————————————————————————————–
    • BarsToCount= Bars To Count  (values: 1-100).
    • Exit= Close trades if the trend is against you and control draw dwon (values:true/false).
    • Lots – Lots size (values: 0.01-1).
    • Lots size Exponent  (values: 1.01-2).
    • IncreaseFactor -how much to increase lots from total margin if you lose a trade (values: 0.001-0.1).
    • Stop_Loss – Stop Loss (values: 30-500).  /set value 600 for  Multiple Trades
    • MagicNumber – Magic number (values: 1-100000).
    • TakeProfit – Take Profit (values: 50-200).  /set value 600 for  Multiple Trades
    • FastMA – Fast Moving Average (values: 1-20).
    • SlowMA – Slow Moving Average (values: 50-200).
    •  Mom_Sell-Momentum_Sell trigger(values: 0.1-5).
    •  Mom_Buy-Momentum_Buy trigger(values: 0.1-5).
    • ———————CONTROL DRAW DOWN—————————–
    • UseEquityStop –  (values: true).
    • TotalEquityRisk- (values: 0.01-20).
    • ——————————————————————————-
    • Max_Trades(1-12). 
    • FractalNum= Number Of High And Low(values: 1-10).
    • —————-IF YOU USE ONLY 1 TRADE:———————–
    • /////////////////////////////////////////////////////////////////////
    • USETRAILINGSTOP-If use trailing stop (values:true/false).
    • WHENTOTRAIL-When to trail (values: 40-100).
    • TRAILAMOUNT-Trail amount (values: 40-100).
    • Distance From Candle -Distance From Candle (values: 1-100).
    • USECANDELTRAIL=If use trailing stop (values:true/false).
    • X=2-number of candles (values: 1-100).
    • USEMOVETOBREAKEVEN-Enable ” break even ” (values: true/false).
    • WHENTOMOVETOBE-When to move break even (values: 1-30).
    • PIPSTOMOVESL=30-How much pips to move stop loss  (values: 1-30).
    • ////////////////////////////////////////////////////////////////////////
Alternative:  EMA - indicator MetaTrader 5

      You need to optimize this EA once  a week and use the exact same  inputs from above .

      You can use it as  hedging grid EA or a single trade EA.

        10Pips – expert for MetaTrader 4
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