If you’re looking to enhance your trading game on MetaTrader 4, then look no further than these two handy tools: the Stop and Limit Bots. Designed to simplify your trading experience, these Expert Advisors (EAs) focus solely on price movement, completely bypassing any complex technical analysis.
These EAs are versatile and can be applied across any timeframe, making them perfect for traders of all styles. Plus, they’re a breeze to backtest, allowing you to uncover historical winning parameters with ease.
One of the standout features of these bots is their ability to place arrows directly on your chart for all pending orders. You can also keep an eye on your profit or loss, as it’s displayed in the top left corner of your chart.
It’s important to note that all orders need to be placed outside of your broker's specified stop level. And don’t worry about managing your trades; the trailing stop loss function has got you covered.
To keep things organized, you’ll find a clear identification of the order type in the comments section of the terminal. This way, you can stay on top of your trades without any hassle.
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