BlueDreams V8.4 for MT4 is an advanced grid expert advisor designed to scalp specific high and low price points, leveraging sophisticated market analysis and custom indicators to deliver precise entries. This powerful EA operates with a dynamic grid function, adapting to market conditions for optimal performance.
Key Features:
Precise Entry Conditions:
Equipped with 36 customizable Moving Average types to refine the trend-following strategy.
Targets highs to sell in a downtrend and lows to buy in an uptrend, based on user-defined trend timeframes.
Advanced Grid Functions:
Dynamic grid spacing adjusts to market dynamics, which can be turned on or off for single trade execution.
Includes optional Martingale modes for enhanced recovery processes.
Robust Risk Management:
Features a Drawdown Reduction function and wide spread & slippage protection.
Equity/margin limiting stops trading at desired drawdown levels.
FIFO Compliance and News Filter:
Fully compliant with the FIFO rule.
News filter to avoid high-volatility periods, ensuring safer trading.
Interactive On-Chart Panel:
On-chart buy & sell buttons for manual order management by BlueDreams.
Recommendations:
Pairs: Works well with any currency pair. Best results with EURUSD, GBPUSD, AUDUSD, AUDNZD, NZDUSD, EURGBP, EURAUD.
Timeframe: M15 with default settings.
Account: Suitable for standard and cent accounts. A reliable ECN broker with a minimum of $1500 and 1:500 leverage recommended.
Customizable Settings:
Order Comment: Custom comments for each trade.
Magic Number: Unique identifier for trades managed by BlueDreams.
Panel and Line Colors: Customizable for clear visualization.
Trend and Indicator Settings: Adjustable Moving Average types, RSI, CCI, and Stochastic settings.
Risk Management: Max spread/slippage, lot size limits, hedge trading, and equity-based trade limits.
Trade Hours: Define specific trading hours, days, and weekend trading rules.
Auto Money Management: Adjusts base lot size based on account balance and risk percentage.
Stop Loss and Take Profit: Customizable in pips for effective trade management.
Trailing Stop: Secures profits by adjusting stop loss as trades move into profit.
Auto Close: Closes trades automatically based on specified profit levels.
Drawdown Reduction: Minimizes margin usage by closing far loss positions.
News Filter: Stops trading during high-volatility news events.
Brand
EA MT4
Refund
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3. Defective Products: In the rare event that you receive a defective product, we are committed to addressing the issue promptly and professionally. If you encounter a problem, such as technical glitches or errors on our part, please contact our Customer Support team within [number of days, e.g., 14 days] from the purchase date.
4. Replacement or Refund for Defective Products: Upon verification of a legitimate defect, we offer the option to either replace the faulty product with another one of your choice or initiate a refund. Your satisfaction is our priority, and we strive to resolve issues related to product defects in a fair and efficient manner.
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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.
Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.
admin (store manager) –
Great EA, recommended