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4X Cross ATR massively helps the professional traders who rely on specific indicators like ATR to quickly identify appropriate levels for SL and TP.
4X Cross ATR displays two horizontal lines above and below the current price the crosshair is pointing at. It is easy to see now if former support or resistance levels are in that range. If not, ATR-levels might indicate appropriate values for SL and TP.
By using keys S for sell and B for buy, 4X Cross ATR is placing one or two equal orders with SL and TP set on crosshair ATR levels, and with crosshair level as order open price level.
According to crosshair level position EA automatically knows order type. Also, before placing the order EA is showing confirmation window with the order parameters.
Lot size of the orders is calculated according to set risk of your account balance and divided per order. To let increase profits, the second order has not set Take Profit.
You don't need to be precise while you are trying to place market order because the order in spread area will be placed at the current market price.
4X Cross ATR uses following keys:
In setting you can set