PopIsDead
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"The F.E.P. Is An Essential Tool For Day Traders and Scalpers”
Any trader who has used MT4 knows first hand that here are several
limitations that for day traders or scalpers can be very frustrating.
Far Superior Trailing Stops: For starters the trailing stop function works very poorly, and
it not really useable for any serious trader. The reason for this is that there are limits
on the size of the trailing stop and it will not trail pip for pip until it hits a set
threshold. The other issue is if your broker uses extended pricing. (Such as a 5 decimal
place price instead of 4 decimals). Trailing stops are an essential part of money
management, and are necessary to reduce risk and maximize gains. So, you have to have a good
one.
The F.E.P. trailing stop function is FAR better because it allows you to determine the size
of the trailing stop and it trails pip for pip!
Also most brokers don't let you place targets or stops closer that 4 pips from market,
simply locking you out of “quick profit” opportunities when using targets, or keeping you
from getting those few extra pips you so often know are there for the taking, forcing you to
exit at market.
No MORE! The F.E.P. offers you the ability to place orders as close as a SINGLE pip away
from the market, allowing you “Legally Steal” your pips day in and day out!
Link :
Code:
http://www.forexisbiz.com/showthread.php?1192-Forex-Ex3cutor-Pr0
