Description
Driver EA EURUSD M5 V1.5
Introduction
The Driver EA EURUSD M5 V1.5 is an automated Forex robot designed for the EUR/USD currency pair. It operates on the 5-minute (M5) timeframe and follows a conservative approach, avoiding risky strategies like martingale and grid trading.
Key Details:
- Minimum Deposit: $100 (recommended)
- Timeframe: M5
- Currency Pair: EUR/USD
- Platform : MT4
Strategy
The robot opens trades based on three key indicators:
- Moving Averages (MA): The MA indicator helps identify trends by smoothing out price data. When the MA signals a favorable trend direction, the robot considers opening a trade.
- Envelopes: Envelopes are used to define price channels around the moving average. The robot pays attention to price movements within these channels to make informed trading decisions.
- Driver Indicator: The “Driver” indicator, unique to this EA, plays a crucial role. It triggers trades under specific conditions, enhancing the overall strategy.
Trade Execution
- Initial Trade: When conditions align, the robot opens an initial trade.
- Profit Target: If the price moves in the direction of the take profit, the robot aims to close the trade with a profit.
- Loss Recovery: If the price goes against the initial trade, the robot opens additional orders to cover potential losses.
- Total Profit: Once the cumulative profit reaches a predefined threshold (default: $9.1), all open orders are closed.
Stay Updated
Join our Telegram group: YoForexPremium for real-time settings, support, and discussions.
Visit our website: YoForex.org for additional resources and insights.
Additional Resources
Instant Download: https://yoforex.org/product/driver-ea-eurusd-m5-v1-5/
Contact: @yoforexpremium
Reviews
There are no reviews yet.