Bird MT4 stands as an exemplary expert advisor, crafted using the sophisticated MQL5 programming language. It revolutionizes Forex trading with its advanced market analysis algorithm. This tool scrutinizes market trends over specific periods, determining the strength and direction of market movements, crucial for informed trading decisions.
Key Features of Bird MT4
Advanced Market Analysis
Bird MT4 employs a unique algorithm that accurately identifies turning points in market trends, enabling traders to make timely and profitable decisions.
Signal Integration
The bot adeptly processes overbought/oversold signals, executing buy and sell orders based on detailed price analysis and the primary signal system’s guidance.
Capital Management
Bird MT4 is designed to perform reliably with a capital of $1,000 or more, with optimal performance recommended at $3,000.
Core Trading Strategies
Incorporating strategies like trailing start, trailing stop, and both real and virtual stop loss and take profit, Bird MT4 caters to various trading styles.
Technical Specifications
Configuration Parameters
Essential for setting up the bot’s optimal operational environment.
Money Management
Includes fixed lot settings and deposit-based lot calculation, simplifying trading volume management.
Algorithmic Settings
These tailor the bot’s trading logic, offering customization to fit individual trading preferences.
Key Parameters
- MagicNumber: Identifies personal orders.
- FixLot: Sets a fixed trading lot.
- Money Management: Adjusts to deposit size.
- CountSeria: Number of deals per series.
- TakeProfit and StopLoss: Key for risk management.
- Trailing Settings (trStart, trStop).
- Advanced Algorithmic Parameters.
Compatibility and Performance
Bird MT4 functions seamlessly with various currency pairs on the H1 timeframe and is optimized for a leverage of 1:100. This versatility ensures its applicability across different trading platforms.
User Reviews and Default Settings
Traders have praised Bird MT4 for its effectiveness and adaptability to diverse trading styles, particularly highlighting its efficiency with default settings, thereby making it accessible for both novice and experienced traders.
Conclusion
Bird MT4, powered by MQL5 EA, is an unparalleled tool in the Forex market, offering a unique blend of precision market analysis, user-friendly configuration, and robust trading strategies. It’s a top choice for traders seeking to leverage advanced technology in their trading journey.
The package includes:
+ Expert: Bird EA(.ex4)
+ Indicator
Website/Results:
+ https://www.mql5.com/en/market/product/102081
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