TradeAngel MT5

TradeAngel is a powerful & exciting trading Robot for the DE40 (aka DAX40/GER40) Index.

All products and signals: https://www.mql5.com/en/users/fxmanagedforexltd/seller

Use good broker with DAX Spread <1.5.  

Angel MT4 Version:  https://www.mql5.com/en/market/product/81380

TradeAngel logic works on our own proprietary indicators called angel factor/period (you will see this in inputs).

Operates by monitoring the movement & volatility of the DAX40 during market hours only, once it detects a strong move it will latch onto the momentum and open a trade at the start of the next bar, (on the 15 min bar on 15 min chart, start of 30 min bar on 30M chart and same for 1 hour). 

- Trade Angel uses hard stop loss and take profit of 40 - 50 points. (Indices use points, not pips)

- Opens trades from Dax open (9am Frankfurt) until 8pm Frankfurt time. 

- Maximum of 3 trades at any one time (1 per chart), no high amount of orders to monitor

- Dax40 is a very low cost instrument to trade with most brokers quoting 0.5 - 1.0 spread with small/no commissions.

- No holding onto long term losing trades