Dope Mod 2 EA v6.0
The Dope Mod 2 EA v6.0 is an advanced Expert Advisor designed for the MetaTrader 4 platform, offering robust and automated trading capabilities. This EA is engineered to maximize your trading potential through a combination of sophisticated strategies and efficient trade management.
Functionality
Dope Mod 2 EA v6.0 operates by leveraging various technical indicators and a meticulous trade execution process. It incorporates custom-defined functions and utilizes historical price data to make informed trading decisions.
Technical Indicators:
- Williams’ Percent Range (WPR): Used to identify potential buy and sell signals based on market conditions.
- Awesome Oscillator (AO): Helps determine the market momentum and confirm signals.
Pin Bar Detection:
- Buy Pin Bar: Identifies bullish reversal patterns to initiate buy orders.
- Sell Pin Bar: Detects bearish reversal patterns to trigger sell orders.
Order Management:
- Trailing Stop: Dynamically adjusts the stop loss level to lock in profits while reducing risk.
- Max Orders: Limits the number of simultaneous orders to avoid overtrading.
- Slippage Control: Manages slippage during volatile market conditions to ensure optimal trade execution.
Risk Management:
- Adjustable risk settings allow for both fixed and percentage-based lot sizes.
- Parameters for Stop Loss (SL), Take Profit (TP), and Trailing Stop (TS) ensure trades are managed effectively to minimize losses and maximize gains.
PRESETS:
Preset 1:
USDCHF M15: $100 DEPOSIT – 121% NET PROFIT – 11% DD – 90% MODELING QUALITY
Preset 2:
EURUSD M5: $100 DEPOSIT – 301% NET PROFIT – 9% DD – 90% MODELING QUALITY
Preset 3:
GBPUSD M5: $100 DEPOSIT – 297% NET PROFIT – 6% DD – 90% MODELING QUALITY
Key Features
- Automatic Trading: The EA can operate independently, executing trades based on pre-defined rules and market conditions.
- Flexibility: Suitable for different broker types and account sizes, thanks to customizable settings and adaptable trading logic.
- Informative Panel: Displays vital account and trade information directly on the chart, including balance, equity, running profit/loss, and more.
By integrating these sophisticated functions and strategies, Dope Mod 2 EA v6.0 provides a comprehensive and automated solution for forex trading on the MT4 platform.