Description
Sup 9 Martingale EA V6.0 MT4 Strategy
Overview
The “Sup 9 Martingale EA V6.0 MT4” is an automated trading system designed for the Meta Trader 4 platform. It employs a martingale approach to manage trades, aiming for consistent profits. Below are the key details:
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Minimum Deposit:
To get started, a minimum deposit of $300 is recommended.
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Timeframe:
The EA performs well on the M15 and higher timeframes. Longer timeframes provide more stable signals.
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Currency Pairs:
- EURUSD: This major currency pair offers liquidity and moderate volatility.
- XAUUSD (Gold): A popular safe-haven asset with potential for significant moves.
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Leverage:
The recommended leverage is 1:500. High leverage allows for larger positions but also increases risk.
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Trade Size:
- Each $1,000 in your account allows you to open a position of 0.01 lot (micro lot).
- Adjust position size based on your account balance.
Trading Strategy
The “Sup 9 Martingale EA V6.0 MT4” follows a martingale strategy with the following principles:
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Entry Criteria:
- The EA identifies potential entry points based on technical indicators (specifically Supertrend).
- It waits for confirmation signals before opening a trade.
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Initial Position:
- When a valid signal occurs, the EA opens an initial position with a fixed lot size (e.g., 0.01 lot).
- Stop loss and take profit levels are set conservatively.
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Martingale Approach:
- If the trade goes against the initial position, the EA applies a martingale strategy.
- It doubles the position size (e.g., 0.02 lot) and adjusts stop loss and take profit levels.
- This process continues until a winning trade occurs, recovering previous losses.
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Risk Management:
- The EA monitors account equity and adjusts position sizes accordingly.
- It limits the total exposure to prevent excessive drawdown.
Telegram Channel and Download
Join our Telegram channel for updates, discussions, and support: https://t.me/yoforexrobot Telegram.
To download the “Sup 9 Martingale EA V6.0 MT4,” visit our website: https://yoforex.org/product/sup-9-martingale-ea-v6-0-mt4/
Remember that all trading involves risk, and past performance is not indicative of future results. Use the EA responsibly and consider proper risk management.
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