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Forex Emperor EA for MetaTrader 4

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Full Trader
(@fulltrader)
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Joined: 2 year aug
Posts: 44
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Forex Emperor EA uses a different strategy by dividing operations into smaller parts for better risk management. This article delves into the innovative approach of this AD, highlighting how it differs from the methods of trading traditional.

 

Key features of Forex Emperor:

  1. Pending orders: The operations are executed using pending orders, ensuring better entry points.
  2. Redistribution of Profits: Forex Emperor takes advantage of the profits from winning trades to close the losers, improving the overall profitability.
  3. Protection with Stop Loss: Each transaction is protected with a Stop Loss of 250 pips, ensuring a limit on the possible losses.
  4. Exit strategy with Trailing Stop: The EA incorporates a Trailing Stop as part of its exit strategy, enabling them to capture more profits and reduce exposure.
  5. Avoid High-Risk Strategies: Emperor EA does not use high-risk strategies such as the grid or martingale, which can often lead to significant losses.

The Forex Emperor employs a different strategy in that it divides a single transaction into seven smaller operations. This approach is revolutionary in the sense that every trade executed, it is automatically divided into seven positions smaller. Such a strategy offers numerous advantages:

  1. Diversification of Risk: When you divide an operation larger in smaller operations, the EA diversifies effectively the risk. Positions smaller mean less risk per trade, which provides a scenario of trading more balanced and manageable.
  2. Greater Flexibility: The smaller operations allow for more flexible management of each position, to adapt more easily to market conditions constantly change.

 

Another prominent feature of this AD is its approach to managing the losing trades. Unlike the EA-conventional which mainly use Stop Loss orders to limit losses, the EA Emperor adopts a technique more refined:

  • Innovative management of Losses: When facing up to seven losing trades, the EA will not close immediately. Instead, divide the following position in seven positions smaller.
  • Use of Profits to Offset Losses: The EA uses strategically the profits from winning trades to close gradually losing positions. This is done individually, ensuring that all losing positions to be disregarded in an effective way.

 

This method allows the EA to optimize the management of risk, minimize losses and potentially turn losing trades into profitable operations.

Please, try it first on a demo account for at least a week. In addition, become familiar with and understand how it works this Forex Robot Emperor before using it on a real account.

 

Recommendations for Emperor EA:

  1. Minimum balance account of $1000: it Is recommended to have at least $1000 in your account to trade with Emperor EA. This provides an adequate margin to manage positions and absorb the fluctuations of the market.
  2. Best performance in GBPUSD (but works on any pair): Although Emperor EA can work on any currency pair, it has been observed a better performance in the GBPUSD pair. You can consider using this pair as preferred, but you can still try it on other pairs if you want.
  3. Best performance in time frame H1 (but it works in any time frame: The time frame of H1 has been shown to be effective for Emperor EA, but is also compatible with other time frames. Be sure to try it in different time frames to find the one that best suits your preference and strategy.
  4. Use of a VPS reliable: To get stable results and make sure that Emperor EA to work without interruptions, it is recommended to use a service VPS reliable and trustworthy, as FXVM, designed specifically for trading Forex automated.
  5. Low spread, slippage, and quick execution: To optimize the performance of Emperor EA, it is recommended to operate in an account with low spreads, slippage, minimum and fast execution of orders. This will help to reduce costs and improve the efficiency of operations.
  6. Choose a right broker: Select a Forex broker that offers the ideal conditions for your trading style and the previous recommendations, such as low spreads, fast execution and a good reputation for the quality of its service.

 

VPS Recommended:

 

Remember that before you use any expert advisor (EA) on a real account, it is essential to test it on a demo account so you can fully understand its operation and to evaluate its performance in market conditions in real-time. Also, make sure to manage your risk properly and not invest more than you're willing to lose.


This topic was modified 2 year aug 3 times by Full Trader

   
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