- Price Difference Analysis: EA PatrolMiner 5.6 meticulously examines the gap in prices between the Base Broker and the Server Broker.
- Action Point Determination: Trading signals are triggered when the price differential surpasses a predefined threshold, signaling the opportune moment to enter a trade.
Exit Point Strategies:
- Stop Loss and Take Profit: Traditional exit points are implemented to safeguard against adverse market movements and secure profits.
- Hidden Stop Loss and Take Profit: Advanced features such as hidden stop loss and take profit levels are integrated to enhance risk management.
- Trailing Stop: EA PatrolMiner 5.6 incorporates trailing stops to dynamically adjust exit points, optimizing profit potential.
- Money-Based Take Profit and Stop Loss: Emphasizing monetary values for take profit and stop loss levels ensures consistency and precision in trade management.
Default Settings and Considerations:
It is imperative to ensure that the currency pairs utilized by both brokers maintain identical nomenclature. In cases where suffixes or prefixes alter pair names, traders must adjust the pair names accordingly within the EA settings to maintain synchronization between the Base Pair and Server Pair.
What’s New: Auto Calibration
Introducing the groundbreaking auto calibration feature, EA PatrolMiner 5.6 achieves unparalleled precision in aligning price differentials between brokers. By automatically fine-tuning price differentials that may be excessively wide, this feature optimizes trading accuracy and efficacy, further elevating the potential for profitable outcomes.