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TopGun EA

TopGun EA is designed to handle multiple market trends simultaneously, efficiently managing both long (buy) and short (sell) positions. With its ability to capitalize on short-term, medium-term, and long-term trends, the EA features a flexible Take Profit system that adjusts to varying market conditions, ensuring optimal trade management and profitability.

Key Features of TopGun EA

  1. Grid System Based on Market Volatility
    Unlike traditional grid systems that rely on fixed price intervals, TopGun EA employs a dynamic grid strategy that adapts to market volatility. This is powered by a proprietary indicator, enabling the EA to perform effectively in both trending and ranging markets. The adaptive nature of this system enhances flexibility, making it well-suited for various market environments. However, traders should note that grid systems may lead to significant drawdowns in certain scenarios.
  2. Advanced Drawdown Management
    TopGun EA features a built-in drawdown management mechanism. When drawdown reaches a predefined level, referred to as Level X%, the EA automatically adjusts its trading strategy. This includes shifting its reference timeframe from the M30 to an alternative timeframe, helping it better align with prevailing market conditions and reduce risks. This proactive approach ensures the EA remains effective even during periods of heightened volatility or unfavorable price movements.
  3. Suspension of New Trades at Critical Drawdown Levels
    To further safeguard trading accounts, TopGun EA halts the opening of new trades when drawdown reaches a critical threshold, known as Level Y%. During this phase, the EA focuses exclusively on managing open positions to stabilize the portfolio and minimize risk. This feature prevents additional exposure to losses and facilitates a more controlled recovery process.

Recommendations for Using TopGun EA

Minimum Account Balance
A starting balance of $1,000 or an equivalent cent account is recommended for optimal performance.

Preferred Currency Pair
While designed to perform best on EURUSD, the EA can be adapted for use with other currency pairs.

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Optimal Timeframe
TopGun EA is most effective on the M30 timeframe but can be adjusted to work on other timeframes as needed.

Recommend running this free forex EA on a VPS (Vultr)

Low Spread ECN account is also recommended Icmarket and Exness

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