Sale!

CheaperForex Trust Badges
Trustpilot

Avoid Scam Stores.
We're Rated Excellent.

Why Choose Us:

Regular Price: $100.00
Buy Now: $19.95 - 80% Off
Checkout with Crypto: $16.96

Buy Securely, Download Instantly

Riskless Pyramid EA MT4

Get FREE & Fast Lifetime Updates

The product will be emailed to you and stored in your new account after checkout.

CheaperForex Trust Badges
Trustpilot

We're Rated Excellent.

The Riskless Pyramid EA is a trade management tool designed to capitalize on existing trades by adding strategically placed add-on trades. This EA operates by identifying open positions with defined stop-loss and take-profit targets and then initiating three pyramid add-on trades to increase the overall profit potential.

This Package Contains an Instant Download of:
+ Expert: Riskless Pyramid EA(.ex4) V1.0 – Works on ALL MT4 Builds including 1420+
+ How to Install MT4 files.pdf

More Information:
+ https://www.mql5.com/en/market/product/81755

Video Information:
+ https://youtu.be/bkBgKM3Ptg0

Why Choose Us:

Riskless Pyramid EA for MT4 by Snapdragon Systems Ltd.

Introduction

Welcome to the world of advanced trade management with the Riskless Pyramid EA for MT4, developed by Snapdragon Systems Ltd. This innovative Expert Advisor (EA) offers traders a unique way to potentially multiply their trade profits in a risk-free manner. By leveraging a sophisticated pyramid strategy, this EA aims to enhance profitability while maintaining minimal risk exposure. Whether you are a novice trader or an experienced professional, the Riskless Pyramid EA provides a powerful tool to maximize your trading success.

Riskless Pyramid EA on the Chart
Riskless Pyramid EA on the Chart

Detailed Description of the Product

The Riskless Pyramid EA is a trade management tool designed to capitalize on existing trades by adding strategically placed add-on trades. This EA operates by identifying open positions with defined stop-loss and take-profit targets and then initiating three pyramid add-on trades to increase the overall profit potential.

How the Strategy Works

The core strategy of the Riskless Pyramid EA revolves around enhancing a base trade by adding three additional trades, or “add-ons,” in a pyramid fashion. Here’s a step-by-step breakdown of how it works:

  1. Initial Trade Setup: Once a trade is entered with a predefined stop-loss and take-profit target, the EA becomes active. It assesses the trade and prepares to add three additional positions.
  2. Pyramid Add-Ons: The EA places three add-on trades at specified fractions of the distance to the final take-profit target. These add-ons are placed as stop entry orders on the chart, meaning they will only be triggered if the price moves in the desired direction.
  3. Break-Even Adjustment: With each add-on trade that gets triggered, the EA adjusts the stop-loss for the combined position to the break-even level. This ensures that once the first add-on level is reached, the entire trade becomes risk-free.
  4. Profit Target: The user sets the combined total profit target, which can be specified either as a multiple of the original trade profit or as a total dollar amount. If the final profit target is achieved without hitting the stop-loss, the trader enjoys the multiplied profit.
  5. Risk Management: If the market reverses and the break-even stop-loss is hit at any time, all positions are closed, and the trade ends without a profit. This mechanism protects the trader from incurring losses beyond the initial risk.
Riskless Pyramid EA Building a Position
Riskless Pyramid EA Building a Position

How to Use the EA

The Riskless Pyramid EA is straightforward to use. Here’s how to get started:

  1. Apply the EA to a Chart: Attach the EA to a chart of your chosen trading pair and timeframe. The EA will remain dormant until it detects an open position with both stop-loss and take-profit levels defined.
  2. Monitor the Add-Ons: Once an eligible trade is identified, the EA will place three pyramid add-on trades on the chart. These appear as stop entry orders, positioned at the specified fractions towards the final take-profit level.
  3. Automatic Management: As the trade progresses, the EA automatically adjusts the stop-loss levels for all open positions to the new break-even point. If the trade is closed for any reason, any untriggered add-on entries are automatically deleted.
Riskless Pyramid EA Three Add on Stop Orders Added
Riskless Pyramid EA Three Add on Stop Orders Added

EA Inputs

The Riskless Pyramid EA offers several customizable inputs to tailor its performance to your trading strategy:

  • Profit Type: Choose between “Total Profit” (specified in account currency) or “Multiplier” (specified as a multiple of the original profit value).
  • Profit Value: Set the combined total profit target, either as a dollar amount or a multiple of the original take-profit amount, depending on the Profit Type.
  • First Add-on Fraction: Define the fraction of the way towards the final take-profit level for the first add-on.
  • Second Add-on Fraction: Define the fraction for the second add-on.
  • Third Add-on Fraction: Define the fraction for the third add-on.
  • Magic Number: Assign a unique identifier to manage trades under this EA, allowing multiple sets of trades on the same symbol with different Magic Numbers.
Riskless Pyramid EA Take Profit Reached
Riskless Pyramid EA Take Profit Reached

Trading Specifications: Recommended Pair, Timeframe, and Minimum Balance

Recommended Pair

The Riskless Pyramid EA is versatile and can be used on any currency pair, making it suitable for various trading environments and strategies.

Timeframe

This EA works effectively on any timeframe, allowing traders to apply it to both short-term and long-term trading strategies.

Minimum Balance

There is no specific minimum balance required to use the Riskless Pyramid EA. However, it is recommended to have a sufficiently funded account to accommodate the potential for multiple open positions and to maximize the EA’s profit potential.

Our Thoughts About It

The Riskless Pyramid EA by Snapdragon Systems Ltd. stands out due to its innovative approach to risk-free profit multiplication. Here are our thoughts:

  • Risk Management: The EA’s strategy of adjusting the stop-loss to the break-even point ensures that once the first add-on trade is triggered, the overall position becomes risk-free, protecting traders from potential losses.
  • Profit Potential: By adding three pyramid trades, the EA significantly increases the profit potential of the initial trade, offering traders the chance to multiply their earnings.
  • Ease of Use: The EA is user-friendly, with clear and customizable inputs that allow traders to tailor the EA’s performance to their specific trading strategies.
  • Flexibility: Its compatibility with any pair and timeframe makes it a versatile tool for traders of all types.

Conclusion

In conclusion, the Riskless Pyramid EA for MT4 by Snapdragon Systems Ltd. is a powerful trade management tool designed to help traders multiply their profits in a risk-free manner. Available on CheaperForex.com, this EA provides an innovative solution for enhancing your trading strategy and achieving greater profitability.

With its advanced features, robust risk management, and customizable settings, the Riskless Pyramid EA offers a unique and effective way to maximize your trading success. Whether you’re looking to aggressively grow your account or simply enhance your current trading strategy, this EA is an invaluable addition to your trading toolkit. Don’t miss out on the opportunity to take your trading to the next level with the Riskless Pyramid EA.

Frequently Asked Questions:

  • Frequent Product Updates
    We consistently keep our popular products up to date, ensuring you always have access to the latest versions. Unlike many of our competitors who don’t invest in maintaining their products, we prioritize keeping up with industry advancements. Our pricing reflects the value of our commitment to quality and product longevity.

  • Outstanding After-Sales Support
    We pride ourselves on providing excellent after-sales support through multiple channels, including live chat, Telegram, and email. Whether you need assistance configuring your product or require a custom setup, our team is available to help. Additionally, we offer free remote installation services to ensure everything runs smoothly.

  • Secure Payment Options
    Your security is our priority. We offer safe and reliable payment methods, including PayPal and other trusted platforms, so you can shop with peace of mind.

After successful payment, your product will be available for download instantly in the following ways:

  • Displayed on the screen immediately after checkout.
  • Emailed to the address you provided during purchase.
  • Stored in your account if you created one at checkout, where you can access it anytime.


Please note, in rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don’t see a download link, feel free to contact us for assistance.

Bonus: All cryptocurrency payments automatically receive a 15% discount, as they help us save on card processing fees.

This is the latest version as of the date we published it. There may be newer updates available since then. Please check the version number before purchasing. If it's not the latest version, please contact us; we can usually obtain the latest version for an additional fee.

Yes, absolutely. We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.

If a product is specified for MT4, you can still execute trades on MT5 by copying trades between the two platforms in real-time.

It's very easy to set up, and we can assist you with the process. Simply contact us after your purchase, providing your email or order number, and we'll guide you through the steps.

What you saw was likely fake, and they probably only accept cryptocurrency as payment.

Additionally, our competitors don’t update their products as frequently as we do, which requires ongoing investment.

If you're comfortable buying a cheap, potentially fake product with no support and no regular updates, then by all means, choose that option.

We believe so. We offer excellent after-sales support, secure payment methods like PayPal, and have outstanding reviews on Trustpilot. If you're still unsure, feel free to explore other stores, as we wouldn’t want you to feel uncomfortable dealing with us.

Yes, absolutely. You only pay once with us. When you make your purchase, be sure to tick the "Create a free account" checkbox, and your purchased products will be stored in your account.

You can visit your account dashboard at any time to download new updates.

We frequently hear from customers who have been scammed by other websites or groups selling fake or malfunctioning software, especially those that only accept cryptocurrency as payment.

We take pride in our original products and offer excellent after-sales support to assist you with installation on your terminal. We also offer a variety of safe and trusted payment methods.

Additionally, we provide a 7-day refund* or product swap in the rare event that something doesn't work as expected.

* We must be given the opportunity to fix any issue before we process any refund.

If this product is for MT4, it will work on all terminal builds.

In the rare event that you experience issues attaching this product to your chart and can provide error codes that we are able to replicate, we will issue a full refund.

However, we do NOT offer refunds if the product does not meet your profit expectations. Forex markets are unpredictable, and performance may vary across different brokers.

At our discretion, we may offer you store credit to be used toward another product if the product is not what you expected.

Yes, we'd be happy to assist you! We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.

Please note, however, that we cannot provide advice on how to make money with any of our products. That service is exclusively reserved for our VIP customers.

Recommended Products:

High-quality products exclusive to CheaperForex.com - 15% discount with crypto payments.

MT5 Image

Seamlessly connect any of our MT4 Expert Advisors with MT5 by using a simple and free copy trading tool. Contact us for guidance.​

FREE Lifetime Product Updates Included.0
There are no products in the cart!
Continue shopping
Riskless Pyramid EA LogoRiskless Pyramid EA MT4
Regular Price: $100.00
Buy Now: $19.95 - 80% Off
Checkout with Crypto: $16.96