Carpenter works on the EURUSD D1 Chart. It looks for quick intraday trends and opens trades depending on the trend direction. Then it quickly modifies the stop loss at break even as soon as possible to prevent losses. If the market direction goes in its favor, it will keep the trade open until take profit is reached.
According to Backtesting results in a MetaQuotes-Demo account, from January, 2012 to September, 2014 this strategy turned $1.000 into $1.983.779,30 with a relative drawdown of 57.70% and a Profit Factor of 2.05. Similar information can be obtained by downloading a demo version and testing it on your own terminal.
Trend Pullback Trader trades in the direction of the trend after a small pullback (declining priceÂ inÂ uptrend, rising price inÂ downtrend). It does so by identifyingÂ the trendÂ using an MA andÂ then using theÂ RSI …
This is an easy to use trade copier with no excessive functions. The product performs direct and reverse copying. In case of direct copying, the utility manages Stop Loss and …
This Trade Pad contains 9 tabs. Go FullScreen for better experience.
They are Watch, Pair, Trend, Signal, Pip, Alert, Correlation, News Trader and Trade.
This free version has following limitations:
Watch — Market …
CAP Grid Manager is a useful panel with an expert advisor for traders using grid strategies. It has multi-function panel! You only need to click Buy or Sell button on …
This Expert Advisor will close all transactions when the target profit or loss is reached.
It will help you when doing scalping if you don’t have enough time to set take …
ADX MT4 is a medium-term trading robot that works around the clock regardless of the trading session. It is recommended that you always keep the MetaTrader 4 terminal switched on, …
The strategy is based on restoring the price after the weekends.Â
Interval TP Close — the interval from the last Friday candle to TP level (in points).
Stop Loss — limit the …
Free version of the grid strategy! Identical strategy to the full version, the only limitation is the number of positions.
Its goal is to harvest most out of trending market (on …
Smart Grid Executor Demo is an Expert Advisor built for MetaTrader 4 platform only. I work at a demo accounts only. It runs to the end of 2014.
Playing with the …
Virtual Collider Manual is a trading assistant with a built-in panel for manual trading. It automatically moves a position opened by a trader in profit using innovative adaptive grid algorithm …
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