Description
EA Shark Pro MT4 NoDLL
- Minimum Deposit:
- To get started with the EA Shark Pro, you’ll need a minimum deposit of $200. This ensures that you have sufficient capital to engage in trading activities.
- Timeframe:
- The EA operates optimally on the H1 (1-hour) timeframe. This time frame allows for precise analysis and timely execution of trades.
- Platform:
- The EA Shark Pro is compatible with the MetaTrader 4 (MT4) platform. MT4 is renowned for its user-friendly interface, extensive charting tools, and robust capabilities.
- Lot Sizes:
- You have the flexibility to choose between fixed lot sizes or automatic lot sizing based on risk. Here are the relevant parameters:
- Fixed Lot Size: You can manually set a fixed lot size for each trade.
- Autolot: When enabled, the EA calculates the lot size dynamically based on your account balance and risk percentage.
- You have the flexibility to choose between fixed lot sizes or automatic lot sizing based on risk. Here are the relevant parameters:
- Currency Pairs:
- The EA Shark Pro focuses on the following currency pairs:
- EURUSD
- GBPUSD
- The EA Shark Pro focuses on the following currency pairs:
- Strategy:
- The EA Shark Pro employs a combination of strategies:
- Scalping Strategy: The EA executes multiple trades within short time frames, capitalizing on small price movements. It aims to profit from rapid market fluctuations.
- Trend Following Strategy: The EA identifies and follows market trends. It uses technical indicators such as Average True Range (ATR) and Bollinger Bands to determine trend direction.
- The EA Shark Pro employs a combination of strategies:
- Risk Management:
- While the EA Shark Pro can be lucrative, it’s essential to manage risk effectively:
- Market Sensitivity: The scalping strategy is sensitive to market conditions. Strict risk management is crucial to avoid substantial losses.
- Volatility Considerations: During low volatility periods or major news events, the EA’s performance may vary.
- Demo Testing: Before using it on a live account, thoroughly test the EA in a demo environment.
- While the EA Shark Pro can be lucrative, it’s essential to manage risk effectively:
- Additional Notes:
- The EA is optimized for trading during the NY and European sessions.
- It adheres to FIFO compliance.
- Recommended broker: Consider using a broker with low spreads and commissions, such as IC Markets.
DOWNLOAD LINK :
If you’re ready to explore the EA Shark Pro, you can download it from our website: https://yoforex.org/product/ea-shark-pro-mt4-nodll/
For real-time updates and discussions, join our Telegram channel: https://t.me/yoforexrobot
Remember to exercise caution, stay informed, and use proper risk management techniques.
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