Zigzager is an expert advisor that runs on the MetaTrader 4 trading platform.
The Zigzager EA trades zigzag breakouts on all timeframes. It can trade with or without confirmation from other indicators. The default settings will trade the EURUSD on a 5 minute timeframe with confirmation from the MACD indicator.
Description forex Zigzager EA
The Zigzager EA is a forex Expert Advisor that trade the EUR/USD pair on the 5-minute timeframe. The Expert Advisor uses the Zigzag indicator to enter and exit trades.
The Zigzag indicator is a technical indicator that is used to identify reversals in the market. The Zigzager EA will enter a trade when the Zigzag indicator changes direction. The EA will then place a stop-loss order at the previous low (for long trades) or high (for short trades). The EA will also place a take-profit order at 1.5 times the stop-loss distance.
The EA uses a martingale money management system. This means that if a trade is lost, the next trade will be placed with double the lot size. This ensures that all losing trades are eventually profitable. However, it also means that large drawdowns are possible if multiple losing trades are taken in succession.
The default settings for the EA are as follows:
Lot size: 0.1
Stop-loss: 20 pips
Take-profit: 30 pips
Martingale multiplier: 2
Review forex Zigzager EA
The Zigzager EA is a forex expert advisor that uses a zigzag indicator to trade the market. The EA is fully automated and can be used with any currency pair.
The EA has been designed to work with the MetaTrader 4 platform and can be downloaded for free from the developer’s website.
The Zigzager EA is a simple yet effective forex trading tool that can help you make profitable trades in the market.
Trading results with Zigzager EA
Zigzager EA is a popular Expert Advisor (EA) for the MetaTrader 4 (MT4) platform. The EA was developed by a team of professional traders and developers with over 10 years of experience in the Forex market.
The Zigzager EA is a fully automated trading system that can be used by both novice and experienced traders. The EA has been designed to take advantage of short-term trends in the market, and can be used on any time frame from 1 minute to 1 month.
The EA comes with a detailed user manual, and a free demo version is available to test the software.
The Zigzager EA has been designed to generate consistent profits over time. In our tests, the EA was able to generate an average profit of $100 per day with a starting balance of $1000. This means that the EA can generate a return on investment (ROI) of 10% per month.
Free Download Zigzager EA
The Zigzager EA is a free download that can be found online. This software is designed to trade forex automatically for you, so you don’t have to do any of the work yourself. All you need to do is set it up and let it run.
The Zigzager EA has been designed to trade in both directions, so it can make money whether the market is going up or down. It also uses a stop-loss feature to protect your investments.
The best thing about the Zigzager EA is that it is completely free to download and use. There are no hidden costs or catches. You can start using it immediately to start making money in the forex market.