Description
<h3><strong>Overview :</strong></h3>
<ul>
<li>PLUNGER EA V1.0 MT5 is an automated Expert Advisor developed for the MetaTrader 5 platform, designed to exploit sudden price movements and market impulses.</li>
<li>This EA focuses on identifying sharp price pushes, reversals, and momentum bursts that often occur during high-impact market sessions.</li>
<li>PLUNGER EA V1.0 aims to reduce emotional trading by executing trades automatically based on predefined logic and technical conditions.</li>
<li>It is suitable for traders who prefer short to medium-term automated trading with controlled risk exposure.</li>
</ul>
<h3><strong>Key features :</strong></h3>
<ul>
<li><strong>Fully Automated Trading:</strong>
<ul>
<li>Executes trades automatically without manual intervention.</li>
<li>Operates 24/5, continuously monitoring market conditions.</li>
</ul>
</li>
<li><strong>Impulse Detection Logic:</strong>
<ul>
<li>Identifies strong price movements and momentum shifts.</li>
<li>Filters out weak signals to avoid unnecessary trades.</li>
</ul>
</li>
<li><strong>Built-in Risk Management:</strong>
<ul>
<li>Uses predefined Stop Loss and Take Profit levels.</li>
<li>Helps protect trading capital during volatile conditions.</li>
</ul>
</li>
<li><strong>MT5 Optimization:</strong>
<ul>
<li>Designed specifically for MetaTrader 5 architecture.</li>
<li>Faster execution and improved order handling.</li>
</ul>
</li>
<li><strong>User-Friendly Inputs:</strong>
<ul>
<li>Simple parameter structure for easy configuration.</li>
<li>Suitable for both beginners and experienced traders.</li>
</ul>
</li>
</ul>
<h3><strong>Strategies :</strong></h3>
<ul>
<li><strong>Momentum Trading Strategy:</strong>
<ul>
<li>Enters trades when strong price momentum is detected.</li>
<li>Targets quick price expansions after consolidation phases.</li>
</ul>
</li>
<li><strong>Reversal Capture Strategy:</strong>
<ul>
<li>Identifies exhaustion points where price may reverse sharply.</li>
<li>Uses confirmation filters to avoid early entries.</li>
</ul>
</li>
<li><strong>Session-Based Trading:</strong>
<ul>
<li>Performs best during high-liquidity sessions.</li>
<li>Designed to take advantage of volatility spikes.</li>
</ul>
</li>
</ul>
<p><strong>Recommended settings :</strong></p>
<ul>
<li><strong>Timeframes:</strong>
<ul>
<li>Recommended timeframes are M15 and H1.</li>
<li>Lower timeframes provide more frequent signals.</li>
</ul>
</li>
<li><strong>Risk Per Trade:</strong>
<ul>
<li>Conservative risk: 0.5% – 1%.</li>
<li>Moderate risk: 1% – 2%.</li>
</ul>
</li>
<li><strong>Lot Size:</strong>
<ul>
<li>Use dynamic lot sizing for better capital management.</li>
<li>Fixed lot sizes are suitable for experienced users only.</li>
</ul>
</li>
<li><strong>Stop Loss & Take Profit:</strong>
<ul>
<li>Stop Loss based on recent volatility levels.</li>
<li>Take Profit set to maintain a balanced risk-reward ratio.</li>
</ul>
</li>
</ul>
<p><strong>Advantage :</strong></p>
<ul>
<li><strong>Emotion-Free Trading:</strong>
<ul>
<li>Removes fear and greed from decision-making.</li>
</ul>
</li>
<li><strong>Fast Market Reaction:</strong>
<ul>
<li>Responds instantly to sharp market movements.</li>
</ul>
</li>
<li><strong>Time-Saving Automation:</strong>
<ul>
<li>Eliminates the need for constant chart monitoring.</li>
</ul>
</li>
<li><strong>Simple Setup:</strong>
<ul>
<li>Easy installation and configuration process.</li>
</ul>
</li>
<li><strong>Capital Protection Focus:</strong>
<ul>
<li>Integrated risk controls help manage drawdowns.</li>
</ul>
</li>
</ul>
<h3>Support & Disclaimer</h3>
<p><strong>Support</strong></p>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: <a href="https://wa.me/+443300272265" target="_new" rel="nofollow noopener">Click here</a></strong></p>
<p><strong>Telegram Group: <a href="https://t.me/yoforexrobot" target="_new" rel="nofollow">Join our community</a></strong></p>
<p><strong>Disclaimer:</strong> Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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