Anti-Loss Program
Info
The Anti-Loss Program is a Expert Advisor for MetaTrader 4 that the anti-loss program is a powerful tool designed to combat the common challenge of false indicator signals in trading. In the ever-evolving market, it's inevitable to encounter occasional losses.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use Anti-Loss Program
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
The Anti-Loss Program is a powerful tool designed to combat the common challenge of false indicator signals in trading.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: 204060 Program AI Grid System - another powerful expert for MetaTrader 4 traders.
The Anti-Loss Program is a powerful tool designed to combat the common challenge of false indicator signals in trading.Also recommended: 204060 Program - similar expert with strong performance on MetaTrader 4.
In the ever-evolving market, it's inevitable to encounter occasional losses. However, with this innovative program, you can turn the tide in your favor.
This program, developed in just three hours, offers a unique approach to managing losses. When attached to an empty chart, it strategically places trades to recover from losses and generate profits.
For existing losses, the 'spasenie' feature comes to the rescue. By enabling this option, you can set a target profit level above your current balance, ensuring a positive outcome. Reflect on the reasons for the loss, whether it was a missed trend or a large candle reversal, and adjust the 'step' parameter to relock positions accordingly, considering the spread to avoid unnecessary costs.
Say goodbye to stop losses and balance cuts. This program empowers you to take control of your trading strategy and make informed decisions.
Feel free to integrate this program into your Expert Advisors or indicators, tailoring it to your trading style and preferences.
You may also like: Grid Trading Expert Advisor - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
extern double needprofit = 0.001, // ?
steplot = 0.2, //
lot = 0.5; //
extern int step = 50; //
extern bool spasenie = true;
string text = "locker.mq4";
int i,ticket1,ticket2;
double chekpoint,profit1,profit2,highbuy,lowsell;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.