Trading Lawyer

https://ift.tt/F8q1YIP BenderFX V4 EA is an automated Free to Download Expert advisor. It is a trading strategy released in 2020, utilizing a combination of the HMA (Hull Moving Average), the exclusive Shadow Bender indicator, and the Fibonacci tool. This strategy is designed to provide a monthly target return of 10-15% with a minimum account balance requirement of 100 USD. One of the key features of BenderFX v4 is that each trade is executed as a single shot, rather than relying on a martingale system. This helps to minimize the potential for large losses and ensures that each trade is executed with a clear plan in mind. The preferred timeframes for the strategy are 1 hour and 15 minutes, offering a balance between short-term profits and longer-term stability. The strategy has been optimized to keep the maximum drawdown to less than 2% , providing users with a level of stability and risk management. The Fibonacci indicator is a tool used by Bender to capture price retracements an...

https://ift.tt/tGvDxZ5 This Forex News Indicator displays the release of upcoming and past economic news on the MT4 and MT5 charts. It is displayed as vertical lines(time axis) with information displayed next to each line. It includes the currency of the publication and the degree of its impact. Economic Calendar MT4 gathers data from news calendars by ForexFactory and Investing.com. The indicator can be used for any financial instrument as long as the necessary currencies are specified. It is suited for those traders who need a reminder of possible volatility increases but are not so much interested in the news itself. FXSSI Calendar indicator uses both ForexFactory and Investing.com services, To ensure the stable indicator functioning, it connects to both sources simultaneously. If the primary data source fails, the indicator will switch to the second one. This eliminates the problem of MT4 or MT5 terminals freezing when accessing data feeds. Therefore, if you choose this News Ca...

https://ift.tt/oxmfURZ DAX Forex EA is a powerful & exciting Index EA for MT4 that trades US 30 , also known as the  DJ30 , Dow Jones Industrial Average  (DJIA), Dow30, and DE40 (aka DAX40/GER40) Index . It works based on breakout strategies to trade the first few hours of the European session. Index trading is quite different from spot FX; it requires a more specialized skill set due to the higher number of variations. Backtesting Indices are not as straightforward as FX, as many brokers use a different number of digits after the decimal point. Some quote spot rates, some futures prices, some have expiry dates, and others do not. For example, the DAX can look like 14534.00 or 145.34, or 14534.0, making many quote variations for the same trading instrument. In addition, EA works at a specific time of day(the default preset is for GMT+2), and broker time can change from broker to broker you need to adjust EA trading time. For this reason, make sure to check yo...

https://ift.tt/NKsvOCp Pinpoint EA is an automated Scalping MT4 EA that is Free to Download. It has a 94% win rate and has never lost more than two trades in a row in 17 years of testing on the GBPUSD and EURUSD.  it executes 2-5 trades a day . It doesn’t open more than one trade at a time. A Stop Loss always protects all transactions , but it’s a big one. It can trade with a fixed lot or use an auto lot and increase the size of the transaction automatically according to the specified criteria. Pinpoint EA seems safe at first glance, but it changes the lot size to cover losses when Stop loss is hit . this wouldn’t be much of a problem if the stop loss is small, But in this EA case, it has a very high TP-to-Sl ratio on default settings, around 1:18. So if the Stop loss is hit next order lot size will be 18 times larger. This adds up fast if two orders hit Stop loss one after another, The next order will be 324 times larger than the first, and the subsequent 5832 so on and on(it...

https://ift.tt/p0TJwiL Punisher Scalper EA is a fully automated expert Advisor using an advanced search and breakdown mechanism for local extrema. It does not use risky strategies like martingale, grid ,  HFT, etc . Punisher EA executes 2-6 trades a day. It uses pending orders and trailing stops to trade and close trades. All transactions are  always protected by a small Stop Loss and take profit . It can trade with a fixed lot or use an auto lot and increase the size of the transaction automatically according to the specified criteria. The maximum drawdown percentage is low for Punisher Scalper EA, which allows using this adviser on a small deposit. What are Local Extrema? A local extremum is a point on a function where the function has the highest value (local maximum) or lowest value (local minimum) in the vicinity of the point. These points are also known as “critical points” or “stationary points” because the derivative of the function is equal to zero at these poin...