AI Meta EA V2.1 MT4

Description

Overview:

The AI Meta EA V2.1 is an automated trading expert advisor (EA) designed for use on the Meta Trader 4 (MT4) platform. It employs sophisticated algorithms to execute trades in the foreign exchange (forex) market. Below are the key details:

• Platform: Meta Trader 4
• Minimum Deposit: $100
• Account Type: Any

Trading Strategy:

The EA focuses on specific currency pairs and utilizes dynamic stop loss, take profit, and trailing stop features. Let’s delve into the specifics:

1. Currency Pairs:

   • XAUUSD (Gold): The EA actively trades this precious metal against the US dollar.
   • GBPUSD: Trading the British pound against the US dollar.
   • USDJPY: Engaging in transactions involving the US dollar and the Japanese yen.

2. Timeframe:

   • The EA operates on the M30 (30-minute) timeframe. This shorter interval allows for more frequent trading opportunities.

3. Dynamic Stop Loss and Take Profit:

   • The EA dynamically adjusts its stop loss and take profit levels based on market conditions.
   • This adaptability helps mitigate risk and optimize potential gains.

4. Dynamic Stop Trailing:

   • The trailing stop feature ensures that as profits accumulate, the stop loss level is adjusted to lock in gains.
   • It allows the EA to ride profitable trends while protecting against sudden reversals.

 

How the EA Takes Trades:

1. Entry Criteria:

   • The EA identifies favorable entry points based on technical indicators, price patterns, or other proprietary algorithms.
   • It considers factors such as trend direction, volatility, and support/resistance levels.

2. Risk Management:

   • The EA calculates position size based on account balance and risk tolerance.
   • It ensures that each trade adheres to the specified risk percentage.

3. Exit Strategy:

   • When the trade reaches a predefined profit level, the EA dynamically adjusts the take profit.
   • If market conditions turn unfavorable, the EA may exit early to limit losses.

4. Monitoring and Adaptation:

   • The EA continuously monitors price movements and adjusts stop loss and take profit levels accordingly.
   • It aims to capture profits during favorable trends while minimizing exposure during reversals.

Telegram Link:

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Download the EA:

You can download the AI Meta EA V2.1 MT4 from our website: https://yoforex.org/product/ai-meta-ea-v2-1-mt4/

Remember to exercise due diligence and thoroughly test the EA in a demo account before deploying it in a live trading environment.

 

📈Happy Trading 📈