Forex ea Bebal Forex EA MT4

EA Description

This EA is based on a typical market behavior where, when a large volume event occurs, the price follows the direction of this surge for a certain period. For this purpose, Babel Tower places virtual pending orders at a specific distance from the boundaries of the candlestick where this volume spike occurred.

To ensure trade success, Babel Tower employs a lot multiplication mechanism for subsequent orders in the same series. Although the default setting uses a multiplier of 1.2, all parameters are fully customizable by the trader (if a trader prefers not to use lot multiplication, they can simply enter the value 1 in the multiplier parameter).

Babel Tower allows you to set a take profit level and configure a trailing profit to secure gains. Similarly, to visually simplify tracking trade status, the positions of both the break-even point for the trade series and the take profit level are displayed directly on the chart.