Description

EA Quantum Lab MT4 V20.0

The EA Quantum Lab EA MT4 V20.0 is a high-frequency trading advisor that aims to optimize entry and exit points based on the RSI (Relative Strength Index) and Bollinger Bands indicators. Let’s break down the key details:

Strategy Overview

• Trading Style: The EA follows a combination of trend-following and volatility-based strategies.
• Pairs: It works well with the following currency pairs:
  • USDCAD
  • EURUSD
  • USDCHF
  • EURAUD
  • AUDUSD
  • GBPUSD
  • EURGBP
  • CHFJPY
  • GBPCAD
  • XAUUSD (Gold)
• Timeframe: M5 (5-minute chart)
• Minimum Deposit: Recommended minimum deposit of $300.
• Leverage: Use leverage of 1:500 or higher.

 

 

Key Features

1. RSI and Bollinger Bands:
   • RSI: Measures the speed and price change of an asset. The EA uses RSI to determine whether a market is overbought or oversold.
   • Bollinger Bands (BB): Reflects price deviation from the average value. It helps determine current market volatility.
2. Trading Approach:
   • Pending Orders: The EA uses pending orders to enter the market based on RSI levels and Bollinger Bands. For example, a buy order can be placed when the RSI is below a certain level and the asset price touches the lower Bollinger Bands.
   • Virtual Orders: Based on neural network data, the advisor decides to place virtual orders to manage stop loss and take profit levels. The neural network predicts price movements using historical data.
3. Risk Management:
   • Dynamic Position Size: The EA adjusts position size based on market volatility and trader-defined risk levels.
   • Position Closing Strategy: Positions can be closed based on reaching stop loss or take profit levels, as well as indicator signals.

Installation and Recommendations

1. Demo Testing: Start by testing the EA on a demo account or cent account to choose the best trading conditions.
2. VPS Setup: Install the EA on a Virtual Private Server (VPS) for uninterrupted trading.
3. Risk Disclaimer: Forex/CFD trading carries risk, and you should only invest what you can afford to lose.

Additional Resources

Instant Download:  https://yoforex.org/product/ea-quantum-lab//

Contact:  @yoforexpremium

🔔😎Happy Trading😎🔔