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Tesla Lion EA V1.2 MT4

Original price was: $1,999.00.Current price is: $0.00.

The Tesla Lion EA V1.2 is an Expert Advisor (EA) designed for use on the MetaTrader 4 (MT4) trading platform. This automated trading system is specifically developed to trade in the direction of the trend for US30 (Dow Jones Industrial Average) and XAUUSD (Gold) assets on a M5 timeframe. The EA utilizes a combination of four Moving Averages, RSI (Relative Strength Index), and the Stochastic Oscillator to determine entry and exit points for trades. Additionally, it incorporates a stop loss algorithm to manage risk effectively. 📈🤖

Description
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Description

The Tesla Lion EA V1.2 is a cutting-edge Expert Advisor (EA) meticulously designed for the MetaTrader 4 (MT4) platform. This powerful tool leverages a sophisticated algorithm to analyze market data and automatically execute profitable trades, allowing traders to focus on other aspects of their trading journey.

Key Features

Strategy: The EA employs a combination of technical indicators to make informed trading decisions.
Timeframes: It operates on the M1 (1-minute) timeframe for optimal performance.
Currency Pairs: While it works well with various currency pairs, it avoids trading XAUUSD (GOLD).
Risk Management: The EA incorporates a stop-loss algorithm to manage risk effectively.
Scalping and Swing Trading: Whether you prefer scalping or swing trading, the Tesla Lion EA adapts to your strategy.

Minimum Deposit

Recommended Minimum Deposit: $500

Trading Strategy

The Tesla Lion EA utilizes the following indicators to execute trades:

Moving Averages (MA):
- Four Moving Averages: The EA uses four MAs with different periods (50, 100, 150, and 200) to detect the current trend.
- Method: Simple, Exponential, Smoothed, or Linear Weighted.
- Apply to: Close, Open, High, Low, Median Price, Typical Price, or Weighted Close.
- Shift: Typically set to 0 or 1.
Relative Strength Index (RSI):
- Period: Recommended values are 7, 14, or 21.
- Apply to: Close, Open, High, Low, Median Price, Typical Price, or Weighted Close.
- Upper Level: Used to detect uptrends (70 or 80 recommended).
- Lower Level: Used to detect downtrends (20 or 30 recommended).
Stochastic Oscillator:
- Use Stochastic: Allows using Stochastic to enter trades.
- %K Period: Recommended values are 5, 9, or 14.
- %D Period: Typically set to 3.
- Slowing: Typically set to 3 or 5.
- Price Field: Low/High recommended.
- Method: Simple, Exponential, Smoothed, or Linear Weighted.