Description
- Elite Trade Butterfly EA MT4 Overview:
- The “Elite Trade Butterfly EA MT4” is an Expert Advisor (EA) designed for effective investment management and medium-term trading.
- Unlike some other EAs, it does not use risky strategies like martingale or grid trading.
- The EA’s basic strategy involves analyzing the range of price deviation from average high/low values over a specified period.
- It is a multifunctional trading robot that can be configured for various trading styles, making it a flexible tool for traders.
- Minimum Deposit:
- The minimum deposit required to run the “Elite Trade Butterfly EA MT4” is not explicitly mentioned in the available information. However, it’s advisable to start with a reasonable amount based on your risk tolerance.
- Timeframe:
- The recommended timeframe for running this EA is M15 (15-minute charts). This means it analyzes price movements and executes trades based on data from 15-minute intervals.
- Supported Currency Pairs:
- The EA can be used with various currency pairs, including:
- EURUSD
- GBPUSD
- And more (additional pairs not specified)
- The EA can be used with various currency pairs, including:
- Strategy:
- The EA’s strategy focuses on identifying optimal entry and exit points based on deviations from average high/low values.
- It aims for medium-term gains and avoids high-risk approaches.
- Specific details about how the EA identifies trade opportunities are not provided, but it likely uses technical analysis and pattern recognition.
- Telegram Channel:
- You can join the official Telegram channel for updates and discussions related to the “Elite Trade Butterfly EA MT4 : YoForexRobot Telegram.
- Download Link:
- To download the EA, visit the official website: https://yoforex.org/product/elite-trade-butterfly-ea-mt4/
Remember to perform due diligence and thoroughly test any EA before using it in live trading. Always consider risk management and adjust settings according to your trading preferences.
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