Reverse Pending EA v1.0 MQ4 Source Code

Description

Reverse Pending EA v1.0 MQ4 Source Code -based automated trading bot that places pending orders above and below the current market price—anticipating breakout volatility. When a significant price movement occurs, the EA is triggered and takes advantage of momentum-driven trades while cancelling the opposite pending order.

Core Strategy Explained

The underlying strategy of Reverse Pending V1 EA revolves around two key principles:

1. Breakout Anticipation:
   The EA places two pending orders—Buy Stop above the price and Sell Stop below it. This setup ensures the EA can catch the price breakout in either direction.
2. Reverse Order Cancellation:
   Once one side of the market triggers an order (say Buy Stop), the EA cancels the opposite (Sell Stop) order, helping avoid whipsaw or unexpected reversals.

Key Features of Reverse Pending V1 EA

• Dual Pending Order System
  Place Buy Stop and Sell Stop simultaneously for breakout opportunities.
• Smart Reverse Logic
  Automatically cancels the opposite order once a breakout is detected.
• User-Friendly Input Parameters
  Customizable settings including lot size, distance, SL/TP levels, expiration time, and more.
• High-Speed Execution
  Designed for fast execution with minimal lag during volatile market conditions.
• News Trading Friendly
  Ideal for high-impact news where market slippage and price gaps are frequent.
• Built-In Protection
  Includes dynamic stop-loss and take-profit management based on pip distance or percentage.

Recommended Settings

• Timeframe: M1 to M15 (preferably M5)
• Currency Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD (Gold)
• Minimum Deposit: $100 for standard accounts; $30 for cent accounts
• Leverage: 1:500 recommended for small accounts
• Trade Time: High-impact news sessions or breakout zones on technical charts

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

Important information!

For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)

Install a trading advisor on a VPS

Real Account Profit Recorded every Friday (end of the trading week)

What’s in the package?

Experts:

• Reverse Pending EA v1.0 MQ4 Source Code.mq4

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

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EA updates are thus not automatic and not guaranteed.

 

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