Ejiro No Loss EA MT4

Ejiro No Loss EA MT4: A Risk-Averse Approach

Overview

The Ejiro No Loss EA MT4 is an expert advisor (EA) that aims to protect your capital while seeking profitable opportunities. It operates without relying on indicators or price action, making it suitable for various market conditions.

Key Points

1. Strategy Highlights:
   • No Loss Approach: The EA focuses on minimizing losses and preserving capital.
   • Hedging Strategy: It hedges positions to prevent significant drawdowns.
   • Risk Management: The EA doesn’t accept losses and aims for total profit.
   • Currency Pair: Recommended for EURUSD (but can be adapted to other pairs).
2. Minimum Deposit:
   • Start with a capital of $1000 (leverage 1:500).
   • Account type: ECN.
   • Recommended broker: Roboforex.com.
   • VPS recommended for minimal network delays.
3. Time Frame:
   • Optimal working timeframe: M5.

How It Works

• The EA withdraws all loss-making positions and closes them.
• It no longer places new orders and waits for new unprofitable positions.
• Stop orders are set at a distance from the last orders.
• When triggered, the next stop order appears on the trend.
• Sufficient orders are opened in one direction to cover all loss-making orders in the opposite direction.
• Once the total profit of all orders for a currency pair is reached, the EA waits.

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Additional Resources

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