Trade Angel EA (MT4)

Description

TRADE ANGEL EA MT4

TradeAngel is a powerful & exciting trading Robot for the DE40 (aka DAX40/GER40) Index. Our Website: alnotrade.com Trade Angel Works in 3 time frames: 15M, 30M and 1 hour. Pick your broker well. Use Dax40 Cash CFD. Suggest major broker: Pepperstone / IC/ FP / Blaze TradeAngel logic works on our own proprietary indicators called angel factor/period (you will see this in inputs). Operates by monitoring the movement & volatility of the DAX40 during market hours only, once it detects a strong move it will latch onto the momentum and open a trade at the start of the next bar, (on the 15 min bar on 15 min chart, start of 30 min bar on 30M chart and same for 1 hour). – Trade Angel uses hard stop loss and take profit of 40 – 50 points. (Indices use points, not pips) – Opens trades from Dax open (9am Frankfurt) until 8pm Frankfurt time. – Maximum of 3 trades at any one time (1 per chart), no high amount of orders to monitor – Dax40 is a very low cost instrument to trade with most brokers quoting 0.5 – 1.0 spread with small/no commissions. – No holding onto long term losing trades TradeAngel for MT4 is a fully automated,100% hands free trading system, expert advisor. TradeAngel uses a recovery function on the NEXT trade that will increase the trade size x2 after loss for 5 levels max, however user has option to disable this feature by setting the input increaselotafterloss = false. You are not BOUND to use recovery function, we prefer to as it does what it says, it recovers the prior loss trade quicker, smoothing the equity curve. Using a recovery factor after loss is very different to martingale. Do not get the 2 confused and this table compares the huge differences.

LINK: https://www.mql5.com/en/market/product/81380?source=Unknown#description