Description
Fidelity EA V1.12 MT4 NoDLL
- Minimum Deposit: The Fidelity EA V1.12 MT4 NoDLL requires a minimum deposit of $100, although we recommend starting with $500 for optimal performance.
- Timeframes:
- H1 (Hourly): Ideal for medium-term trading and capturing trends.
- M5 (5-minute): Balances speed and precision for quick trades.
- Supported Currency Pair:
- XAUUSD (Gold): This safe-haven asset exhibits strong liquidity and is influenced by geopolitical events and market sentiment.
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Trading Strategy:
- Entry Strategy:
- Identifies key support and resistance levels specific to XAUUSD.
- Monitors price patterns, including breakouts and pullbacks.
- Executes trades when favorable conditions align.
- Risk Management:
- Utilizes a dynamic stop loss and take profit strategy.
- Adjusts stop loss based on gold’s volatility.
- Ensures limited losses while allowing profitable trades to run.
- Exit Strategy:
- Monitors gold’s price movements continuously.
- Exits trades when predefined profit targets are reached.
- Alternatively, exits if market conditions change.
- Entry Strategy:
- Min Recommended Leverage: Not specified.
- Lot Size: Customizable based on risk tolerance and account size.
- Strategy Type:
- Not a Martingale: The system avoids aggressive doubling-down strategies.
- Not Hedging: No simultaneous long and short positions.
- Not a Scalper: Trades are not executed at high frequency.
Get Started
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