EA WORKS ON MT4 +1420

TopGun 2.0 is an advanced Expert Advisor (EA) designed for trading the EUR/USD currency pair, with a 30-minute (M30) timeframe. Based on the success of the original TopGun, TopGun 2.0 offers improved drawdown management for a more robust and secure trading strategy.

Innovations of TopGun 2.0:

1. Grid System: TopGun 2.0 is a grid system that opens positions not at regular price intervals, but based on market volatility and a proprietary indicator, to capture profits in both trend and range movements.
2. Drawdown Management at Level X%: When the drawdown reaches a predetermined level X%, the system automatically changes the reference timeframe from M30 to an alternative timeframe to better adapt to market conditions and reduce risk.
Suspension of New Trades at Level Y%: If the drawdown reaches an additional predetermined level Y%, TopGun 2.0 stops opening new trades and focuses exclusively on managing existing trades. This approach helps limit further losses and stabilize the portfolio.

The system maintains the ability to manage multiple trends simultaneously, allowing trades in both long (buying) and short (selling) directions. Flexibility in the management of take profit (Tp) is a distinguishing feature, with different thresholds to accommodate various market conditions and profit objectives.

https://www.myfxbook.com/members/_ExpertAdvisor_/topgun-20/10491966