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System Sonic Wave MT4

Original price was: $999.00.Current price is: $0.00.

The System Sonic Wave MT4 is a powerful non-repainting indicator system designed for both novice and experienced traders.It provides accurate market predictions by capturing major and minor trends.The system includes an on-screen dashboard displaying essential information such as economic news, range flow, and trading sessions.

Description

The System Sonic Wave MT4 is a powerful non-repainting indicator system designed for both novice and experienced traders

Overview:

  • Strategy Name: Sonic Wave MT4
  • Minimum Deposit: $500 (recommended)
  • Time Frame: H1 (1-hour chart)
  • Currency Pairs: EUR/USD, GBP/USD, USD/JPY

Key Features:

  1. Algorithmic Approach: Sonic Wave MT4 utilizes a sophisticated algorithm to identify high-probability trading opportunities.
  2. Telegram Alerts: Join our Telegram channel here for real-time trade alerts and updates.
  3. EA Download: You can download the Sonic Wave EA from our website on the Sonic Wave MT4 page.

Trading Strategy:

  • Opening Line: The EA waits for a specific candlestick pattern or price level to form before initiating a trade.
  • Stop Loss (SL): Set at a fixed distance from the entry point to limit potential losses.
  • Take Profit (TP): Target profit level based on historical price movements or Fibonacci extensions.

Example Trade:

  1. Signal Generation:
    • Sonic Wave identifies a bullish engulfing pattern on the EUR/USD 1-hour chart.
    • Opening line: Breakout above the high of the engulfing candle.
  2. Trade Execution:
    • Buy order triggered at 1.1200.
    • SL set at 1.1150 (50 pips below entry).
    • TP set at 1.1300 (100 pips above entry).
  3. Result:
    • Price reaches TP, yielding a 1:2 risk-reward ratio.

System Sonic Wave MT4

System Sonic Wave

System Sonic Wave

Risk Management:

  • Position Sizing: Adjust lot size based on account balance and risk tolerance.
  • Max Drawdown: Maintain a maximum drawdown of 10% per trade.

Get Started Today!

Remember, while Trade Assistant V9.8 MT4 simplifies trade management, always test it on a demo account first to understand its behavior.

 

😊HAPPY TRADING😊

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