Broker Nightmare EA – Forex Expert Advisor for MT4

Course Detail

Salepage: Broker Nightmare EA – Forex Expert Advisor for MT4

Product Description

Broker Nightmare EA

Lots are automatically calculated depending on the initial capital that is configurable in the Ea´s control panel

Best Results for EURUSD 5M TF

Order Management characteristics:

Checks for the total of open orders

It automatically opens orders when conditions are reached

It can change open orders parameters, due to possible stepping strategy

Recommendations

✅Before using on a live account, test the EA with minimal risk.

✅Use VPS or hosting server with minimal network latency to the broker’s server.

✅Low spreads + low commission + high quality execution are important when choosing a broker to trade.

✅EURUSD Timeframe M5.

✅Maximum Spread is 10 points.

REQUIRED Government Risk Disclosure Statement:

All Trading involves risk. Leveraged trading has large potential rewards, but also large potential risk. Be aware and accept this risk before trading. Never trade with money you cannot afford to lose. All forecasting is based on statistics derived from past performance of any trading methodology is no guarantee of future results. No ?Safe? trading system has ever been divided and no one can guarantee profits or freedom from loss.

RISK DISCLAIMER: All forms of trading carry a high level of risk so you should only speculate with money you can afford to lose. You can lose more than your initial deposit and stake. Please ensure your chosen method matches your investment objectives, familiarize yourself with the risks involved and if necessary seek independent advice.

U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Trading financial instruments of any kind including options, futures and securities have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the options, futures and stock markets. Don’t trade with money you can’t afford to lose.

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.