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Expert: Trade Angel MT4 V1.0.ex4 (Unlocked for MT4 Build 1422+), NO MANUAL.
TradeAngel – Your Smart Automated Trading Robot for the DAX40
TradeAngel is a powerful, fully automated trading robot designed exclusively for the DE40 Index (also known as DAX40 or GER40). Built with proprietary technology, it uses unique indicators—called the angel factor and angel period—to make smart trading decisions across three timeframes simultaneously: 15 minutes, 30 minutes, and 1 hour.
How TradeAngel Works
During active market hours, TradeAngel carefully monitors the DAX40’s price movements and volatility. When it detects a strong momentum shift, it quickly jumps in to place a trade right at the start of the next time bar—whether that’s a 15-minute, 30-minute, or 1-hour bar—depending on the chart. This approach helps the robot capture significant market moves without delay.
Key Features
Strict Risk Management: Each trade uses a fixed stop loss and take profit set between 40 and 50 points to manage risk effectively.
Trading Hours: Trades open only during DAX trading hours—from 9:00 AM to 8:00 PM Frankfurt time.
Controlled Positions: Only one trade per chart timeframe is allowed, with a maximum of three trades running simultaneously, keeping things simple and manageable.
Low Cost Trading: The DAX40 is known for low spreads (typically 0.5 to 1.0 points) with minimal or no commissions, making it a cost-effective instrument to trade.
No Long-Term Losses: TradeAngel doesn’t hold losing trades for extended periods, helping protect your account.
Recovery Strategy – Optional but Effective
TradeAngel includes an optional recovery function designed to bounce back from losses faster. After a losing trade, the next trade’s lot size doubles (up to 5 times), aiming to recover previous losses smoothly. If you prefer, you can easily turn off this feature in the settings.
It’s important to understand that this recovery strategy is NOT the same as a martingale system. Unlike martingale, TradeAngel uses strict stop losses on every trade and limits the number of increased lot sizes to avoid risky overexposure.
| Feature | Typical Martingale | TradeAngel Recovery Factor |
|---|---|---|
| Stop Loss & Take Profit | No stop loss, open-ended loss | Stop loss on every trade |
| Levels of Lot Increase | Unlimited, can keep growing | Maximum 5 levels of increase |
| Lot Size Growth | Exponential, risky | Controlled and capped |
| Equity Curve Behavior | Sudden large losses possible | Some losses but no catastrophic drops |
| Max Open Positions | Unlimited | 1 trade per chart max (3 total) |
Why TradeAngel?
If you want a reliable, easy-to-use, and hands-free trading robot for the DAX40 that combines smart momentum trading with careful risk management, TradeAngel is the solution. Its multi-timeframe strategy and controlled recovery system help smooth your equity curve while trading one of the most liquid European indices.
TradeAngel is designed for MetaTrader 4 (MT4), letting you automate your trading fully with no manual intervention required.
