Riskless Pyramid MT4 Unlimited

$15

This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. For each add-on the stoploss for the combined trade is moved to the break-even level so that once the first add-on level has been reached then the total trade is riskfree from then onwards. As each successive add-on trade is entered the stoploss is tightened accordingly in order to keep the total trade risk free. If the profit target is reached without the stoploss being hit then the total multiplied profit will be achieved. Of course the downside is that if the break-even stoploss is hit at any time during the trade then there is no profit at all from the trade.

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