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Main features

Features that can make your life better.


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Who is Suitable for This EA?​

  • Cosy Trading Mindset: This EA is ideal for traders who want to trade freely mostly with their mobile devices while avoiding constant market monitoring. By setting your entry and exit strategy, the EA will execute it for you. You can frequently adjust it with your mobile phone and simply wait for the trade to reach the SL/TP.
  • Strict Stop-Loss Execution: It’s also suitable for traders who prioritize strict stop-loss execution based on their predetermined stop-loss prices (with the ability to modify them if desired).
  • Entering During Pullbacks: Finally, this EA is suitable for traders who seek entry opportunities during market pullbacks (corrections) and want to execute trades precisely at specific pullback ratios.

How Can This Tool Make Your Life Better?​

  • Turn Your Mobile Phone into a Remote Control: After integrating this EA into your daily routine, you can start trading simply by sending orders using your mobile phone. From now on, you can trade anywhere, anytime.
  • No Need for Constant Price Monitoring: Similar to having an assistant monitor prices, this EA automates order execution based on your entry/exit strategy while you focus on observing market trends and making good decisions. You can always take out your phone and adjust stop-loss/take-profit settings anytime.
  • Stop-Loss Execution at Close Price: The EA stores your stop-loss price and executes it only when the previous bar closes and a new bar opens, ensuring your stop-loss is triggered based on the closing price. This will largely reduce the influence of price fluctuations.
  • Multi-Timeframe Management: Easily switch between different timeframes for stop-loss execution by sending a timeframe code (TF code) from your mobile phone.
  • Auto Lot Size Calculation: Define your risk amount per trade, and the EA calculates the appropriate lot size based on your stop-loss setting.
  • Fibonacci Pullback Entry: The EA dynamically calculates the retracement/pullback price based on the Fibonacci code (FB code) you send. It automatically monitors the wave generation process and refines your entry strategy, eliminating the need for you to constantly adjust the price level to a specific retracement ratio.

How Will This Utility Help Me Control the Risk of My Trades?​

The main goal of this EA is to assist you in better managing risk by automating certain processes and performing mathematical calculations for you. We have provided several features for improved risk management:

  1. Close Price Stop-Loss: If you trade based on the close price, you might need to constantly check your phone to see if the bar has closed. Sometimes, it can be challenging to close losing trades because you are reluctant to accept the loss. Don’t worry, this EA will automatically close your trade for you.
  2. Float point loss Protection: This is the second excessive loss protection tool in the EA. It monitors your floating loss and closes your trade when the loss exceeds a certain threshold (default = 2.5x your risk amount). Most of the time, it will not be triggered. However, it can protect your trade during periods of high price volatility.
  3. Fibonacci Retracement Entry: This feature helps you enter trades during pullbacks to your target retracement ratio, improving your risk-to-reward ratio.
  4. Automatic Fibonacci Retracement Ratio Adjustment: This feature adjusts your target retracement ratio (e.g., from 61.8% to 78.6%) for your pending trade when your risk amount is insufficient to trade at your desired retracement ratio. You can turn this feature off if you prefer not to have the retracement ratio adjusted.

tip

The retracement ratio will only be adjusted when the calculated lot size is less than the minimum lot size (0.01 lot). If you don't want the EA to adjust your retracement ratio, you can turn off retrace-more-when-over-risk. However, this may result in excessive loss when the lot size can no longer be reduced.