Block Sliding X EA V1.0 MT4

Introduction:

Block Sliding X EA V1.0 is an Expert Advisor for MetaTrader 4 designed to trade with high precision on the forex market. The EA uses advanced algorithmic strategies to identify and exploit market trends, making it suitable for both beginners and experienced traders. With its unique approach to trading, the EA offers consistent performance with a focus on stability and profitability.

Key Features:

• Trend Following Strategy: The EA identifies market trends and follows them to maximize profits.
• Customizable Risk Management: Users can adjust risk settings, including lot sizes, stop loss, and take profit, allowing for tailored trading strategies.
• Multiple Timeframe Analysis: Block Sliding X EA operates on multiple timeframes, enhancing its ability to detect trends across different market conditions.
• Automated Trading: Once set up, the EA runs fully automated, making trades on behalf of the user without manual intervention.

Recommended Settings:

• Currency Pairs: EUR/USD, GBP/USD, and XAU/USD are the recommended pairs.
• Timeframes: M15 to H1 are the ideal timeframes for optimal results.
• Lot Size: Adjustable based on account size; recommended for conservative risk is 0.1-0.5 lots.
• Risk Management: Use 2% max risk per trade to maintain a balanced approach to drawdowns.

Backtest Results:

The backtest results show Block Sliding X EA achieving a steady growth in a variety of market conditions. With backtests conducted over 3 years of data, the EA showed an average annual return of 15-20% with a drawdown below 10%. Performance improved significantly when trading with smaller lot sizes on lower volatility pairs.

Advantages:

• Fully Automated: Once configured, it runs without the need for constant monitoring, saving time.
• Customizable: Allows for adjustment of various parameters to suit different trading styles and risk profiles.
• Profitable in Range and Trend Markets: The EA is designed to adapt to both trending and sideways market conditions, increasing its versatility.

Disadvantages:

• Requires Proper Configuration: Users need to fine-tune settings to match their risk tolerance and trading goals for optimal performance.
• Dependency on Market Conditions: The EA performs best in stable market conditions, and high volatility can sometimes lead to unpredictable results.
• No Support for Exotic Pairs: While effective on major forex pairs, it may not perform well on exotic currencies.

Support & Disclaimer

Support

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Disclaimer: 

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.