Description
EA CLASICO MT4: A Powerful Forex Robot
Overview
The EA CLASICO MT4 is an expert advisor (EA) designed for the Metatrader 4 (MT4) platform. It’s a robust trading tool that automates your Forex trading, aiming for consistent profits. Let’s dive into the details:
Key Features:
- Minimum Deposit: $500
- Timeframes: M5 (5-minute chart) and M15 (15-minute chart)
- Currency Pairs: EUR/USD and GBP/USD
- Strategy Type: Martingale
How It Works
The EA CLASICO MT4 follows a martingale strategy, which involves increasing position sizes after losing trades. Here’s how it takes trades:
- Initial Trade:
- When a trading signal occurs (based on technical indicators), the EA opens an initial trade with a specified lot size.
- If the trade is profitable, it closes the position and waits for the next signal.
- Loss Recovery (Martingale):
- If the initial trade results in a loss, the EA doubles the lot size and opens a new trade in the same direction.
- It continues this process until a winning trade occurs, recovering the losses from previous trades.
- Caution: Martingale strategies can be risky, as they increase exposure during drawdowns.
Installation and Platform
- Download the EA CLASICO MT4 from our website.
- Install it on your Metatrader 4 platform:
- Open MT4.
- Go to “File” > “Open Data Folder” > “MQL4” folder.
- Drag and drop the EA-CLASICO.ex4 file into the “Experts” folder.
- Restart MT4 and attach the EA to your desired chart.
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Additional Resources
Instant Download: https://yoforex.org/product/ea-clasico-mt4/
Contact: @yoforexpremium
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