Hey there, fellow traders! Today, I want to introduce you to the SmartAssTrade-V2 Forex EA, the latest update to the SmartAssTrade EA Version 1. This new version is tailored specifically for MetaTrader 4 users and is designed to help you maximize your trading potential.
One thing to keep in mind is that the SmartAssTrade-V2 EA is optimized for the M30 timeframe (PERIOD_M30). If you try to run this EA on any other timeframe, you might end up losing out. So stick with M30 for the best results!
Key Features of SmartAssTrade-V2 EA
- Friday Trading: You can set the EA to continue trading on Fridays if you like. Just toggle the
FridayTradesetting to True. - Lot Size Optimization: The EA can handle lot size calculations for you. If you enable
LotsOptimization, the default lot size is set to 0.01. - Maximum Open Orders: The EA allows a maximum of 12 open orders at any time, meaning you can trade up to 12 pairs simultaneously.
- Take Profit & Stop Loss: Automatic settings for both Take Profit and Stop Loss are available, allowing the EA to calculate these for you, or you can set them manually.
- Trailing Stop: If you're looking to lock in profits, the EA gives you the option to use a trailing stop, which can be set to your preference.
In my testing, I used a lot size of 1.00 with the default settings (where LotsOptimization is set to False). I found it to be quite effective, and I believe it might offer some valuable insights for my fellow traders.
So, if you're looking to elevate your trading game, give the SmartAssTrade-V2 EA a shot! It might just be the tool you need to enhance your strategy and boost your results.
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