Description

Single Trade EA MT4 NoDLL: A Comprehensive Review

Introduction

The Single Trade EA MT4 NoDLL is a precision trading expert advisor designed for the USD/JPY Forex market. It executes one well-timed trade at a time, enhancing control and precision. Here are the key details:

• Market: USD/JPY
• Strategy Type: Trend-following
• Timeframes: M30, H1, and more
• Currency Pairs: EUR/USD and more

Key Features

• Precision Trading: Execute one trade at a time, focusing on quality over quantity.
• Multi-Timeframe Moving Average Strategy: The EA uses moving averages across different timeframes (H1 as the reference) to identify trends.
• Adaptive Take Profit: Adjusts the take profit using a trailing stop function.

Recommended Settings

• Minimum Deposit:
  • For optimal performance, consider the following deposit levels based on your account balance:
    • Balance $100 – $1,000 USD:
      • Initial lot size: 0.01
      • Lot multiplier: 2.0
      • Lot reset: 0.1
    • Balance $1,000 – $10,000 USD:
      • Initial lot size: 0.1
      • Lot multiplier: 2.0
      • Lot reset: 1.0
    • Balance $10,000+ USD:
      • Initial lot size: 0.5
      • Lot multiplier: 1.2
      • Lot reset: 2.0
• Leverage:
  • The recommended leverage depends on your risk tolerance and trading style. Generally, moderate leverage (e.g., 1:100) is advisable to manage risk effectively.
• Minimum Lots:
  • The EA executes a single market order at a time, so there’s no specific minimum lot size. It adapts to the market trend and adjusts the take profit using a trailing stop function.

 

 

Trading Logic

1. The EA identifies trends using moving averages across different timeframes.
2. When the trend consolidates in one direction, the algorithm enters a buy or sell position.
3. Fixed stop loss in case of trend reversal.
4. Variable take profit with trailing stop.

How to Get Started

1. Download and Installation:
   • Download the Single Trade EA MT4 NoDLL from the provided link. https://yoforex.org/product/single-trade-ea-mt4-nodll/
   • Visit our website https://www.yoforex.org/ for additional resources and insights.Contact:  @yoforexpremium

 

😎💫Happy Trading💫😎