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ANGON DOLLAR EA MT4 – Full Input Settings Analysis
ANGON DOLLAR EA is a MetaTrader 4 professional trading expert advisor, and it is designed to employ algorithmic trading techniques to maximize Forex trading performance. It makes use of cutting-edge technical analysis and automated signals to properly open trades, and it operates in efforts to achieve maximum profitability with minimal risk. It is used by traders who would prefer to have a hands-free but effective trading procedure.
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General Information
- EA Name: EA Angon Dollar Full Version
- Magic Number: 102016 — to be applied exclusively for trades initiated by this EA.
- Initial Lot Size: 0.01
- Slippage: 3 pips — highest price difference at the time of execution.
- Rebate: 1.7 — can be used to calculate broker rebate per trade.
Profit & Risk Management
- Take Profit: 30 pips (tpdalampips)
- Use Dollar-Based TP: true (pakaiclosedalamdollar)
→ EA closes trade when profit reaches $10 (closedalamdollars). - Cut Loss in USD: 100.0 (cutlossdalamd)
- Trailing Stop Enabled: true (pakatrailing)
- Trailing Stop: 10 pips (trailing)
- Trailing Activation Multiplier: 10 (mulatrailing)
- Auto Close All Orders on Condition: true (closepo)
Trading Conditions
- Trading Start Time: 0 (server time)
- Trading End Time: 24 (runs all day)
- Buy on Trend Signal: true (buyketikatrend)
- Sell on Trend Signal: true (sellketikatrend)
- Avoid Counter-Trend Trades: false for both buyawantrend / sellawantrend
→ EA does not take trades against the trend.
Key Takeaways
- Trend Detection: The EA seeks price action to detect trends, searching for steady up or down trends in particular currency pairs.
- Entry Signals: Once the clear trend is detected, the EA generates entry signals to alert the most appropriate entry points for the trade.
- Risk Management: Implements risk management techniques, including the setting of stop-loss and take-profit levels, in an effort to limit capital loss and maximize potential profit.