Exp TickSniper Pro EA V19.802

Exp TickSniper Pro EA V19.802

Introduction

The Exp TickSniper Pro EA V19.802 is an automated trading system that capitalizes on short-term opportunities in the forex market. Whether you’re a seasoned trader or just starting out, this EA aims to optimize your trading strategy.

Key Features

1. Smart Trailing Stop: The EA dynamically adjusts stop levels based on market conditions, allowing you to lock in profits while minimizing risk.
2. Averaging Strategy: To prevent losses triggered by signal detection algorithms, the EA employs an averaging strategy. If an open position faces a certain loss, it activates additional positions to average out the risk.
3. Stop Loss Management: In extreme cases, the EA accompanies each position with a stop loss. If the system fails to achieve a minimum profit, positions are systematically closed using stop losses.
4. Automated Parameter Optimization: The EA intelligently calculates favorable stop loss and take profit levels, as well as distances for averaging positions and trailing stops. It derives this data from currency pair specifications, current prices, and other strategic factors.
5. Breakeven Point: When a position or series of positions turns profitable, the EA sets a breakeven point. If prices retrace, the position is closed at breakeven, protecting gains.
6. Spread Calculation: The EA considers the spread by averaging the last ticks, ensuring accurate risk management.

Trading Parameters

• Minimum Deposit: $100 (Recommended: $500)
• Timeframe: M5-H1
• Currency Pairs: EURUSD, USDJPY, USDCHF

How It Works

1. Data Analysis: The EA continuously analyzes real-time data, including currency pair quotes, spreads, and specifications.
2. Signal Detection: When favorable conditions align, the EA identifies potential trades using its sophisticated signal detection algorithm.
3. Position Management: Each open position is accompanied by a stop loss and the possibility of additional openings through averaging. Extreme cases trigger stop losses to protect against adverse market movements.
4. Trailing Stop: As profits accumulate, the EA sets a trailing stop for the cumulative position. If prices reverse, the trailing stop ensures a controlled exit.

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