Eliot Waves - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources
The "Elliot Wave" EA draws 2 "Zigzag" trend lines on the chart and trades them. When an Elliott Retracement forms, Trailing Stop Loss and Take Profit are available on all time frames for major Forex pairs and Nasdaq stocks.
Attachment download
📎 Eliot_Waves.mq4 (128.19 KB)
Source: MQL5 #25287
Eliot Waves - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resource Usage and Screening Suggestions
Eliot Waves - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 resources are MT4 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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