DOW and DAX Fx EA Download FREE
The US30, also known as the DJ30, Dow Jones Industrial Average (DJIA), Dow30, and DE40 (also known as DAX40/GER40) Index, are traded by the DAX Forex EA, a robust and interesting Index EA for MT4. To trade during the opening few hours of the European day, breakout methods are used.
Due to the greater amount of fluctuations, index trading is very different from spot FX and necessitates a more specialised skill set. Because several brokers utilise a different number of digits after the decimal point, backtesting indices is more complicated than backtesting FX. Various quotes include spot rates, futures prices, expiration dates, and other information.
For instance, the DAX can have many different quote iterations, like 14534.00, 145.34, and 14534.0. Also, because EA operates at a specified time of day (GMT+2 is the default preset), and because broker time might vary from broker to broker, you must modify EA trading time. Check the time and quote from your broker as a result.
A fixed stop loss of around 25 points protects each straightforward transaction that the DAX40 EA opens, and it only executes a maximum of 5 trades each day. Orders are never placed using risky trading strategies like the martingale, layers, grids, or additional average positions, and they are always closed or eliminated by the end of the same day. It incorporates a trailing stop exit that is initiated by "X" number of gain points at the place of exit.
The user-defined lot size is used for every trade. does not employ the technique of increasing lots. (However Dow30 EA users with advanced/experienced EA skills have a recovery function) For experienced EA users, Expert is packed with extra control tools like the option to increase after a loss and use a box stop loss rather than a fixed stop loss. Yet, it is incredibly simple to set up and operate for beginners.
Please test a week in a demo account. Moreover, kindly familiarise yourself with the DOW Forex EA's operation before using it on a real account.
Advice for the DAX Forex EA
- The minimum account balance can be $100 for some brokers and $1,000 for others because margin requirements can vary from broker to broker. (Furthermore, some brokers use 1 lot as 1 point at $1, while others use 1 lot at 25 points for $25.)
- This Index EA was created specifically to function on the DAX and DOW.
- Other names for DAX are DAX40, GER40, and DE40.
- Another name for DOW is US30, DJ30, and DOW30.
- On M15 TimeFrames, Work Well. (Assist with any TimeFrames)
- This EA is traded from 9 am to 8 pm, Frankfurt time, during the Dax open. Broker time is set by default to GMT+2 (GMT+3 in the SUMMER). It will operate at the incorrect timings if your broker is not GMT+2, and you must make the necessary adjustments.
- The VPS should allow this Index Forex Robot Robot to operate without interruption throughout trading hours. Thus, this Hedge Fund EA should be used with a dependable VPS
- Broker that offers favourable conditions and spreads on the DAX40/DOW30.
( ͡° ͜ʖ ͡° )One of them is the real google drive link, Find it. (ง'̀-'́)ง
Use desktop browser to Open/Download files
Mt4cracked.com
#forex #metatrader 4 #ftmo #mt4 #metatrader 5 #babypips #hfx trading #forex market #fx trading #forex brokers #forex market hours #meta trader 5 #currency trading #forex trading platforms #trading signals #forex trading strategies #free forex signals #fbs forex #scalping strategy #forex chart #ftmo trading #forex strategies #mt4 indicators
