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Product Published or Updated on August 25, 2024

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Description

Forex Miner EA V6.0 – Your Advanced Trend-Following Trading Solution

The Forex Miner EA V6.0 represents the pinnacle of automated trading technology. Specifically designed for traders aiming to maximize profits while minimizing risks, it effectively leverages precise trend-following strategies. Consequently, this EA keeps you ahead in the Forex market. Whether you’re new to trading or a seasoned expert, Forex Miner EA V6.0 will help you stay competitive by utilizing advanced algorithms and full automation.

As you may know, the Forex market is notorious for its volatility. Unfortunately, statistics reveal that 95% of traders lose money due to poor money management and emotional decision-making. However, success in trading relies heavily on a solid strategy and disciplined execution. This is where Forex Miner EA V6.0 truly excels. By following the strong current trend, it keeps risks low while ensuring that profits are maximized. Therefore, with this EA, you can consistently capture big green pips.

Advanced Algorithm for Automated Forex Trading

Trading manually can be stressful and time-consuming, especially during volatile sessions and major news events. Furthermore, constantly monitoring the market can take a toll on your health and well-being. Nevertheless, with Forex Miner EA V6.0, all these worries quickly disappear. This fully automated EA handles everything from opening trades to closing them, allowing you to enjoy life while your trading account steadily grows.

The EA is specifically programmed to trade all currency pairs and commodities with precision. However, it’s optimized for major pairs like EURUSD, GBPUSD, USDJPY, and GBPJPY. Although you can use this EA on any currency pair, these specific pairs have been tested and proven to deliver the best performance. Moreover, if you wish to optimize the EA for other pairs, our experts are readily available to help you fine-tune the settings.

Optimized Performance and Risk Management in Forex Trading

One of Forex Miner EA V6.0’s standout features is its superior risk management capabilities. Many traders fall into the trap of taking small profits and suffering large losses. Fortunately, this EA manages trades with exceptional precision. It utilizes a combination of trending indicators to analyze the market continuously and identify the strongest trends. As a result, the EA only takes trades that have a high probability of success, ensuring that your account remains consistently profitable.

Customizable Features for Tailored Forex Trading

Forex Miner EA V6.0 offers a wide range of customizable settings, allowing you to tailor the EA to match your specific trading style. Whether you prefer an aggressive trading approach or a more conservative one, this EA has options to suit your needs. Key customizable features include:

Effective Risk Management and Lot Size Control

You can start with a minimum lot size of 0.01. Additionally, the Lot_Exponent setting allows you to adjust lot steps dynamically based on your risk tolerance. With a Take_Profit setting of 500 and a Stop_Loss setting of 2000, you have the flexibility to define how much profit you want to take and how much risk you are willing to accept.

Advanced Trailing Stop and Profit Locking Features

The Trailing_Stop feature ensures that your profits are locked in as the market moves in your favor. Moreover, the Lock_Profit feature allows you to secure a portion of your profits when the market reaches a certain point, thus ensuring that your gains are protected even in volatile conditions.

Hedging and Overlap Functions for Enhanced Profitability

For those who want to further reduce drawdowns and enhance profitability, Forex Miner EA V6.0 offers Hedge and Overlap functions. You can toggle the Hedge function depending on your trading strategy. Meanwhile, the Overlap_Orders and Overlap_Pips settings help recover profits by reducing drawdowns effectively.

Forex Miner EA Specifications and Best Practices

To get the most out of Forex Miner EA V6.0, it is recommended to use an ECN broker with low spreads such as IC Market, Exness, NordFX, FXPRIMUS, Alpari, or FXTM. The EA works best on the EURUSD H1 timeframe with a minimum deposit of $500 when using a lot size of 0.01. Furthermore, combining this EA with Buy Sell Signals can enhance your trading performance by allowing the EA to work semi-automatically with Buy Only or Sell Only options selected.

Option Setting
Lots 0.01 (Start Lot)
Lot_Exponent 1.1 (Lot Steps)
Take_Profit 500
Stop_Loss 2000
Pips_Step 250
Max_Trades 20 (Max orders open)
Lock_Profit 5
Trailing_Stop 150
Magic 12345
Orders_Comment “Forex Miner EA V5”
Hedge false (ON/OFF Hedge Functions)
Overlap_Orders 3 (Reduce DD Functions)
Overlap_Pips 10 (Recover Profits Points)
New_Bar false (Open new trade when using Reduce DD Functions)

automated Forex trading tool

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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.

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1 review for Forex Miner EA V6.0

  1. admin (store manager)

    Excelent Bot, recommended

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