Name: EA Pyramid V7 With Source Code MT4 - Free Download
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EA Pyramid V7 With Source Code: Unlock the Power of Automated Trading

Overview

The EA Pyramid V7 is a highly advanced trading robot designed to automate your trading process. By leveraging sophisticated algorithms, this expert advisor (EA) enhances your trading efficiency, minimizes risks, and maximizes profitability. With the source code available, traders can customize and fine-tune the EA to suit their specific trading strategies and preferences.

Recommended Settings

Minimum Deposit: $100
Timeframe: M1, M5, H1
Currency Pairs: Any

Strategy

Trend Identification: The EA uses a combination of moving averages and trend indicators to identify the prevailing market trend. It waits for confirmation from multiple indicators before initiating a trade.
Price Action Analysis: By analyzing price patterns and candlestick formations, the EA determines optimal entry points. It looks for specific patterns that indicate potential reversals or continuations.
Volatility Filter: To avoid choppy market conditions, the EA incorporates a volatility filter. This ensures trades are only taken when the market exhibits clear directional movement.
Pyramid Strategy: The EA employs a pyramid strategy where initial trades are placed with a smaller lot size. As the trade moves in the desired direction, additional positions are opened, increasing the lot size progressively.

EA Pyramid V7 With Source Code

Position Sizing: The EA uses dynamic position sizing based on account equity and market conditions. This helps in managing risk and optimizing returns.
Stop-Loss and Take-Profit: The EA sets tight stop-loss levels to minimize potential losses and utilizes trailing stop-loss to lock in profits as the trade moves favorably. Take-profit levels are dynamically adjusted based on market conditions.

Risk Management

Drawdown Control: The EA continuously monitors account drawdown and adjusts position sizes accordingly to prevent excessive losses.
Diversification: By allowing trades on multiple currency pairs and timeframes, the EA diversifies risk and enhances profit potential.

Key Features

Customizable Settings: With the source code available, traders can modify the EA to match their trading style and risk tolerance.
Automated Trading: The EA handles all aspects of trading, from entry to exit, ensuring a hands-free trading experience.
Robust Strategy: The pyramid strategy, combined with advanced trend and price action analysis, ensures high-probability trades.