Bandwagon EA V2.4 MT4 1420+
$14.99
The Bandwagon EA is an automated trading system built for MetaTrader 4 (MT4). It takes advantage of the bandwagon effect, where people tend to follow the crowd. This EA uses that psychological tendency to develop trading strategies that capitalize on market trends shaped by collective actions.
Description
Bandwagon EA is an Expert Advisor for MetaTrader 4 that combines swing, grid, and hedging strategies. It offers full automation with robust money management, automatically adjusting lot sizes based on your risk tolerance. The EA detects market pullbacks and trend reversals, ensuring that your trading is aligned with your risk preferences. Simply set your risk appetite, and the EA will manage your account and calculate lot sizes accordingly.
Key Takeaways
Bandwagon EA is an Expert Advisor for MetaTrader 4, designed to utilize swing, grid, and hedging strategies with effective money management. This EA automates trading entirely, calculating lot sizes based on your risk appetite and managing trades with a controlled drawdown. It’s suitable for major currency pairs across any time frame. For the best results, using a VPS is recommended to ensure optimal performance.
Bandwagon EA Setting / Features
Platform: MetaTrader 4
Currency Pairs: Major pairs
Time Frame: Any
Money Management: Built-in and effective
Automation: 100% automated trading
Lot Size: Automatically calculated by the EA
Drawdown: Controlled
VPS: Recommended for optimal performance
Bandwagon EA Results
Here’s a summary of the Expert Advisor’s performance on the HFMarketsSV-LIVE account:
- Leverage: 1:300
- Profit: 15%
- Maximum Drawdown: 9.5%
- Max Deposit Load: 2.8%
- Trading Activity: 100%
- Loss Trades: 18.3%
- Profit Trades: 81.7%
- Algorithm Trading: 100%
How to install Bandwagon EA in Metatrader 4?
Here are the steps to install and use the Bandwagon V2.4 Expert Advisor on MetaTrader 4:
Open MetaTrader 4.
From the top menu, click on “File”.
Select “Open Data Folder”.
Open the “MQL4” folder.
Open the “Experts” folder.
Copy the Bandwagon V2.4.ex4 file into this folder.
Close and restart the MT4 platform.
Attach the Expert Advisor to a chart.
Bandwagon EA Download
Unlimited / NoDLL / Build 1420+
Tap the “Add to Cart” option to get the Bandwagon EA. Make sure to enter your email correctly. If you make a mistake, contact us immediately.
Bandwagon EA User Reviews
Check these for user reviews of the Bandwagon EA:
- Forex Peace Army
- Myfxbook
- MQL5 Community
- Trustpilot
- Reddit (r/Forex)
These platforms offer insights from real traders. Here are some user reviews of the ea robot.
Bandwagon EA Alternatives
These alternatives provide various trading approaches, depending on your needs.
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