EA Pyramid V7 Source Code MQ4 MT4 No DLL

The EA Pyramid V7 is an expert advisor designed for forex trading. It employs a grid-based strategy, allowing traders to pyramid their positions by intelligently adding to winning trades. By leveraging unrealized profits, it aims to enhance overall returns.

EA Pyramid V7 Source Code MQ4 MT4 No DLL

Introduction

The EA Pyramid V7 is an expert advisor designed to enhance your trading strategy by leveraging pyramiding techniques. Pyramiding involves increasing your position size using unrealized profits from successful trades as margin for new ones. With this EA, you can optimize your winning trades effortlessly.

Key Features

• Minimum Deposit: Start with a minimum deposit of $100, although we recommend $500 for better results.
• Timeframe: The EA performs well across timeframes ranging from M5 to M30.
• Supported Currencies: Consider running the EA on the following currency pairs:
  • XAUUSD (Gold)
  • EURUSD (Euro/US Dollar)
  • GBPUSD (British Pound/US Dollar)
• Platform: The EA is compatible with MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
• Strategy: The EA follows a grid system, allowing it to capitalize on market movements.

How the EA Takes Trades

1. Initial Trade: Manually initiate the first trade.
2. Pyramiding Behavior:
   • You can configure the EA to pyramid trades in three ways:
     • Same Lotsize: Maintain the same lot size for each additional trade.
     • Halving Lotsize: Decrease the lot size by half with each additional trade.
     • Doubling Lotsize: Double the lot size with each additional trade.
3. Stop-Loss and Take-Profit:
   • Set stop-loss and take-profit levels as a percentage of your account balance.
   • The EA will close all trades for a given deal when either level is hit.
   • Note that profits or losses in other pairs are not considered.
4. Bidirectional Trading:
   • The EA supports both buy and sell trades, allowing flexibility.
5. Random Trades in Backtest:
   • During backtesting, the EA takes random trades.
6. ECN/Non-ECN Brokers:
   • The EA works seamlessly with both ECN and non-ECN brokers.
7. Customization:
   • Adjust colors, text sizes, magic numbers, and comments according to your preferences.

What’s in the package?

• Experts :
  • EA Pyramid 7.mq4