xBest v3.47 MT4 EA

Description

🚀xBest v3.47 MT4 EA – Advanced Open-Source Forex Trading Solution

xBest v3.47 MT4 EA for MT4 is a popular open-source Expert Advisor (EA) originally developed by xJhamil and later improved by Rodolfo. Known for its flexibility and adaptability, this EA allows traders to use, modify, and customize the source code according to their specific trading styles and strategies.

✅ Key Features of xBest v3.47 MT4 EA

🔹 Trading Mechanism:

• 📊 Cycle-Based Trading: Starts a buy or sell cycle based on signal indications.
• 💰 Grid System: Opens multiple trades at different price levels to capitalize on market swings.
• 🔥 Martingale Strategy: Increases trade size after every loss to recover previous losses when a win occurs.
• 🎯 Global Take Profit: Closes all orders once the daily profit target is reached.

🔹 Risk Management & Protection:

• 🛡️ Minimal Profit Close/Protect Grid: Closes all trades once a minimum profit threshold is met, protecting the grid from unnecessary risks.
• ⚖️ Equity Stop: Automatically closes all trades if account equity falls below a predefined level, limiting losses.
• ⚠️ Caution of Equity: Triggers alerts when account equity reaches a specified level to prevent large drawdowns.
• 🔥 Take Equity Stop: Closes all positions when equity reaches a certain level, protecting capital.

🔹 Advanced Trade Management:

• 🚀 Trailing Stop: Adjusts the stop order as the market moves favorably, locking in profits.
• 🟢 Break Even: Moves the stop loss to entry level once the trade reaches a certain profit, ensuring a risk-free trade.
• ⏱️ DateTime Filter: Allows you to avoid trading during specific dates and times.
• 📰 News FFCall Filter: Prevents trading during high-impact news events, avoiding unnecessary volatility risks.
• 🔎 Max Spread Filter: Avoids trading when the market spread is too high, preventing losses due to unfavorable spreads.

🔹 Customizable Options:

• ⚙️ Grid System: Adjustable parameters for placing multiple trades at various price levels.
• 🔥 Martingale: Customize the lot multiplier to suit your risk appetite.
• 📈 Moving Average: Uses MA for trend identification and filtering.
• 📊 HILO Strategy: Identifies potential market reversals by analyzing high and low price points.

🌟 Why Choose xBest v3.47 MT4 EA?

✔️ Open-Source & Free to Use – Modify the code to fit your trading needs.
✔️ Flexible Trading Strategies – Grid, Martingale, and HILO for dynamic market conditions.
✔️ Advanced Risk Management – Protects against large drawdowns with equity stop and alert features.
✔️ Customizable Filters – DateTime, spread, and news filters for precise trade control.
✔️ Ideal for Both Manual & Automated Trading

🔥 Important Tips:

✅ Demo Test First: Always test xBest EA on a demo account for at least a week before live trading.
✅ Understand the EA: Familiarize yourself with the EA’s parameters and trading logic to optimize performance.

Additional Resources:

• • Recommended VPS: Ensure low-latency, high-performance trading with Unlock EA’s VPS hosting.
  • VIP Membership: Join our VIP program for free downloads, exclusive resources, and premium trading tools.