MOOD EA V2.0
(1 customer review)

USD  12

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Product Published or Updated on June 12, 2024

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Description

MOOD EA V2.0: Catch the Market’s Mood with Precision

Introducing MOOD EA V2.0, a sophisticated trading expert advisor that leverages the power of the Momentum indicator to make informed trading decisions. This leading indicator allows the EA to gauge the “mood” of traders by identifying overbought and oversold conditions, making it an essential tool for traders looking to capitalize on market sentiment.

Advanced Trading Algorithm

MOOD EA V2.0 is designed to detect optimal entry points using the Momentum indicator. The EA takes advantage of market conditions by opening positions when the indicator signals overbought or oversold levels, ensuring you enter trades at the most opportune times. This advanced algorithm enhances your trading strategy, providing an edge in both bullish and bearish markets.

Comprehensive Settings for Customization

The EA offers a wide range of customizable settings, allowing traders to tailor the advisor to their specific needs and risk appetite. With options to manage manual orders, support hedging, and utilize automatic lot calculations, MOOD EA V2.0 provides flexibility and control over your trading activities. Key settings include start lots, take profit, stop loss, trailing stop, and drawdown reduction algorithms.

Intelligent Risk Management

Risk management is a critical aspect of successful trading, and MOOD EA V2.0 excels in this area. The EA’s drawdown reduction algorithm helps minimize losses by closing profitable orders against loss-making ones. Additionally, the automatic lot calculation feature ensures that your position sizes are adjusted based on available margin, optimizing your risk-to-reward ratio.

Optimized Performance

MOOD EA V2.0 is engineered for optimal performance across various market conditions. The EA includes features like fixed and dynamic distance between orders, maximum lot and spread controls, and precise timing for opening trades. These settings enable the EA to adapt to changing market dynamics, maintaining its effectiveness and reliability.

User-Friendly Interface

Despite its advanced capabilities, MOOD EA V2.0 is user-friendly and straightforward to configure. The clear and intuitive interface makes it easy for traders of all experience levels to set up and manage their trading strategies. Whether you are a seasoned trader or a beginner, MOOD EA V2.0 provides the tools and insights needed to enhance your trading performance.

With MOOD EA V2.0, you can confidently navigate the financial markets, leveraging the Momentum indicator to make informed trading decisions. This powerful EA captures the essence of market sentiment, providing a competitive edge and improving your trading outcomes.

Setting Description
Open new series Enable or disable the start of a new series
Start lots Initial lot size
Trade Buy Allow the advisor to buy
Trade Sell Allow the advisor to sell
Support manual orders Enable or disable EA management of manual orders
Use hedge Allow the advisor to trade in both directions
Use Money Management Enable or disable automatic lot calculation
Autolot. Free margin for each 0.01 lot Free margin required to open every 0.01 lots
Lot multiplier Multiplier for subsequent orders
TP Take profit in pips
SL Stop loss in pips from the first order
Trail Start Trailing stop activation
Trail Step Distance from price to activate trailing stop
DD Reduction Algorithm Drawdown reduction algorithm
Number order for DD Reduction Algorithm Order number to activate drawdown reduction
Percent profit for DD Reduction Algorithm Percentage profit for closing orders in drawdown reduction mode
Magic Special number assigned to EA orders
Fix distance Fixed distance between orders
Order dynamic distance Order number to start dynamic distance
Dynamic distance start Starting value for dynamic distance
Distance multiplier Multiplier for dynamic distance
Start, End hour Time to open the first order
Maximum Lot Maximum allowable lot
Maximum spread Maximum spread for the advisor
Mom_Period Period of the Momentum indicator
Up Level Momentum indicator level to trigger sell
Down Level Momentum indicator level to trigger buy

Brand

EA MT4

Refund

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install

The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).

This is the easiest type of installation for Expert Advisors.

This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.

Copy the EA folder content from your product to the EA folder of your MT4 installation.

 

Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.

Responsability

Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.

Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.

Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.

A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.

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1 review for MOOD EA V2.0

  1. admin (store manager) –

    Great EA, recommended

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