Undefeated Triangle EA V2.7

Description

 The valuable details about the Undefeated Triangle EA MT4 v2.7 with Set Files. This expert advisor (EA) is designed for Meta Trader 4 and employs a specific strategy.

• Undefeated Triangle EA MT4 v2.7

  • Platform: Meta Trader 4
  • Timeframe: M15
  • Currency Pairs: AUDCAD, AUDNZD, and NZDCAD
  • Minimum Deposit: $1000
  • Trading Strategy: Grid-based

  Strategy Overview:

  1. Triangle Formation Recognition:

     • The EA identifies triangular patterns forming on the specified currency pairs.
     • These triangles often indicate impending price breakouts or trend reversals.

  2. Grid Trading Approach:

     • The EA establishes a grid of pending buy and sell orders around the current price.
     • As the price oscillates within the triangle, the EA opens new positions at predefined intervals.

  3. Dynamic Entry and Exit Points:

     • When the price breaks out of the triangle, the EA triggers orders in the direction of the breakout.
     • It dynamically adjusts entry points based on market volatility and recent price movements.

  4. Risk Management:

     • The EA calculates position sizes based on account balance and risk tolerance.
     • Stop-loss and take-profit levels are set conservatively to protect capital.

  5. Set Files:

     • The provided set files optimize the EA’s parameters for different currency pairs.
     • Traders can load the appropriate set file based on their chosen pair.

• Execution Example:

  1. Triangle Formation Detected:

     • The EA identifies a symmetrical triangle forming on AUDCAD.
     • It places pending buy and sell orders at regular intervals within the triangle’s range.

  2. Breakout Occurs:

     • AUDCAD breaks out of the triangle to the upside.
     • The EA triggers the pending buy order.

  3. Dynamic Grid Expansion:

     • As the price continues upward, the EA opens additional buy positions.
     • Grid spacing and lot sizes are adjusted dynamically.

  4. Profit Targets and Stop-Loss:

     • Take-profit levels are set at logical price levels (e.g., previous highs).
     • Stop-loss orders are placed below recent swing lows.
  5. Monitoring and Adjustments:
     • The EA continuously monitors the trade.
     • If the price reverses, it closes positions or adjusts the grid.

  Get Started:

  • Download the EA: You can download the Undefeated Triangle EA from our website:  https://yoforex.org/product/undefeated-triangle-ea-v2-7-mt4/
  • Join Our Telegram: Stay updated with trading insights and community discussions by joining our Telegram channel: YoForexRobot.

  [Remember that trading involves risks, and past performance is not indicative of future results. Always practice proper risk management and thoroughly test any EA on a demo account before using it live]

😊HAPPY TRADING😊