Elan Dynamics Pro EA
The present Expert Advisor is predicated on the “Elan Dynamics Pro EA” which is widely employed by a massive number of traders and thus deserves increased attention from professional developers producing lots of advisor modifications. There are many variations of this advisor, each having its own pros and cons, but all these modifications are united by a common position averaging algorithm that is used to close a series of unidirectional orders at the entire Take Profit level. I have created a modification of the EA with the entire code written from scratch and therefore the analytical unit is completely redesigned. Now Expert Advisor stands 100% up to its name because it has most parameters dynamically variable counting on things on the active chart.
Dynamically adjustable parameters allow obtaining sufficiently stable operation with different instruments even with the default settings with no initial optimization. At an equivalent time, all important parameters are available for optimization and fine-tuning for a selected instrument and trading conditions.
Operation Modes
Depending on the signal, the EA can open positions in two directions – buy and sell. If necessary, the Expert advisors are often customized to figure in just one direction.
The volume of the initial order is automatically calculated when the proportional calculation function is enabled. If the price moves against the position, an averaging order is automatically placed. The averaging algorithm is often flexibly adjusted by special input parameters. If necessary, the algorithm of proportional volume calculation is often disabled within the EA’s input parameters. In this case, the Advisor will always start a series with the quantity laid out in the input parameters.
NOTE:
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DISCLAIMER: Please read carefully before you decide to invest in Forex Market
- Forex Trading is dangerous and can result in a substantial loss of money. Due to the uncertain nature of the Forex market, there is no guarantee that our products will produce any favorable results. Before you purchase please read our RISK DISCLAIMER.
BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat in the future. Past performance shown and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this, we recommend that you test the EA on your own broker account using many variations of currencies, time frames, and settings to make sure you experience favorable results in current market conditions before trading live accounts. - Forex Trading EA/Robot is just a piece of Programming to Sophisticate your trading but never guarantee your winning.
- Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown.
- Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.
- Before deciding to trade products you should carefully consider your objectives, financial situation, needs, and level of experience. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose.