ERXGen Break-Out Multi-Currency Trader EA | FREE Premium Forex MT4
- - - - - - - -
⭐The Best Cent Account To Test Your Forex Trading EA.⭐
- - - - - - - -
⭐Great Forex Broker With High Affiliate Commission For Your Forex Trading EA.⭐
Without volatility, trading the financial market is near impossible. Profit is made ONLY when the price is moving.
The ERXGen (Early Riser Next Generation) Breakout System is a short-term trading technique built around the phenomenon that there are certain times of the trading day when price volatility has the tendency to be high.
Following the release of extremely popular indicator – ERXGen Filter, being employed by many traders this is an automatic trading system giving traders even more benefits for his or her trading.
Price action during the Tokyo trading session is used to work out trade entry levels. Buy and/or Sell trades are taken mostly during the London trading session.
The three key rules are:
- Intra-week trend
- Tight Tokyo Range (gap between high and low price during Tokyo session must be low, ranging and not trending)
- Location of the Tokyo Range (price action during Tokyo session must happen either at the top or bottom of the previous day’s range)
This Multi-Currency Automated Trader comes with huge benefits
- Multi-Currency Pairs for EUR and GBP
- Well-written algorithms, precise and fast
- More like a trade assistant than a robot
- Allows for user intervention
- Manages risk – lot sizes, trade sizes
- Manages trades – trade size, trade targets, trade stop loss, stop loss management (move to breakeven, trailing, partial closes, etc)
- Additional control parameter e.g. stop loss based on EMA, trade recovery techniques, etc
- Visual display
You May Also Like ❤ :
The extreme spike indicator is a Metatrader indicator that detects market trend extreme high and extreme low spikes. It is...
Heiken Ashi Nave is a MetaTrader expert advisor that uses the platform’s standard indicator of the same name to implement...
PersistentAnti EA (Measures persistence of price movements; trades against it) | FREE Forex Trading EA
PersistentAnti is a Forex expert adviser that takes advantage of the concept of trend persistence. The Forex market charts are...
Ichimoku Chikou Cross EA (Uses Ichimoku Kinko Hyo for signals, ATR for position sizing) | FREE Forex Trading EA
Ichimoku Chikou Cross is a MetaTrader expert advisor based on standard Ichimoku Kinko Hyo indicator with default settings. Specifically, it...