Name: Connect EA MQ4 (Source Code) - FREE DOWNLOAD
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Connect EA MQ4 (Source Code)

Connect EA MQ4 (Source Code): Automate your forex trading with the powerful Connect EA. This expert advisor, coded in MQ4, offers a custom strategy for identifying and executing trades. Discover its trend-following approach, breakout entries, and robust risk management. Download the EA from our website.

Description

The Connect EA is a powerful tool for automated trading in the forex market. It utilizes a custom strategy to identify trading opportunities and execute trades. Here are the key points you need to know:

Key Features

Minimum Deposit: The recommended minimum deposit to run the Connect EA is $2000. This ensures sufficient capital for effective trading.
Timeframes: The EA performs best on short timeframes. We recommend using either the M5 (5-minute) charts.
Currency Pairs: While the Connect EA can be applied to various currency pairs, consider other major or minor pairs such as GBPUSD, USDCHF, USDCAD, USDJPY.

Connect-EA-v3.4.2-Source-Code

Trading Strategy

The Connect EA employs a robust trading strategy based on the following principles:

Trend Following: The EA identifies prevailing trends using technical indicators and price action analysis. It aims to enter trades in the direction of the established trend.
Breakout Entries: When the price breaks out of key levels (such as support or resistance), the EA triggers buy or sell orders. Breakouts are confirmed by specific criteria, ensuring higher probability trades.
Risk Management: The EA incorporates strict risk management rules. It calculates position sizes based on account balance and stop-loss levels. It does not use risky strategies like martingale or grid trading.
Take Profit and Stop Loss: The EA sets dynamic take profit and stop loss levels. Take profit targets are based on recent price movements, while stop losses protect against adverse market conditions.

Download and Installation

You can download the Connect EA from our website: YoForex.org. Follow these steps:

Visit YoForex.org and navigate to the EA section.
Download the Connect EA file (MQ4 format).
Open your MetaTrader 4 platform.
Go to File > Open Data Folder > MQL4 > Experts.
Place the downloaded EA file in the Experts folder.
Restart MetaTrader 4.
The Connect EA will appear in the Navigator panel under Expert Advisors.

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Connect EA

Feel free to explore the Connect EA and adapt it to your trading preferences. Remember to backtest and optimize the settings before deploying it on a live account.