Description
ET1 EA V2.31 for MT4
Key Features:
- Strategy: ET1 uses common strategies employed by professional traders, focusing on trend trades within oscillating ranges.
- Currency Pair: Primarily optimized for XAUUSD (Gold).
- Timeframes: Suitable for M1, M5, and more.
Trading Parameters:
- Minimum Deposit: Recommended minimum deposit is $100 USD.
- Drawdown: The EA dynamically manages take profit and stop loss for each trade.
- Risk Management:
- Fixed Lots: Set a specific lot size (if desired).
- AutoMM (Auto Money Manager): Adjusts lot size based on risk level.
- Risk Levels: Choose from 1.0 (Low Risk) to 4.0 (Highest Risk).
Execution Strategy:
- Trend Trading: ET1 identifies trends within volatile currency pairs like Gold (XAUUSD).
- Dynamic Take Profit and Stop Loss: Each trade adapts to market conditions.
- Survival Approach: Recognizes that no trader wins indefinitely; survival and consistency matter.
Recommendations:
- Broker Type: Opt for an ECN broker with spreads below 25.
- Low Latency VPS: Enhances execution speed.
- Leverage: Recommended leverage is 1:500 or higher.
How ET1 Takes Trades:
- Market Analysis: ET1 scans XAUUSD charts for trends.
- Entry Points: Identifies optimal entry points based on trend strength.
- Dynamic TP and SL: Sets take profit and stop loss dynamically.
- Risk Management: Adjusts lot size based on chosen risk level.
- Continuous Monitoring: ET1 adapts to changing market conditions.
DOWLOAD
- Telegram Link: https://t.me/yoforexrobot
- Download Link: https://yoforex.org/product/et1-ea-v2-31-mt4/
[while ET1 is free, stability isn’t guaranteed]
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