Flexy The Dragon EA V2.1.1 MT5

Description

1. 1. Minimum Deposit:

      • To get started with Flexy The Dragon EA V2.1.1 MT5, we recommend a minimum deposit of $5000. This ensures sufficient capital for effective trading.

   2. Timeframes:

      • Flexy The Dragon EA V2.1.1 MT5 operates on multiple timeframes, including:
        • M1: 1-minute chart
        • M5: 5-minute chart
        • M15: 15-minute chart
        • H1: 1-hour chart (and more)

   3. Currency Pairs:

      • The EA performs well on the following major currency pairs:
        • EURUSD
        • USDCHF
        • GBPUSD
        • USDJPY
        • EURGBP
        • EURJPY

   4. Strategy and Trade Execution:

      • Flexy The Dragon EA V2.1.1 MT5 utilizes a grid trading strategy.
      • It places both buy and sell orders at predefined intervals (grid spacing).
      • The EA hedges positions, aiming to profit from price fluctuations.
      • Trades are executed automatically based on market conditions.
      • The strategy adapts to changing trends and price movements.

   5. Drawdown:

      • The maximum historical drawdown observed during testing was 36%.
      • Keep in mind that drawdowns are inherent in grid-based strategies, but proper risk management is crucial.

   6. Deposit Amount Balance:

      • Starting with an initial deposit of $5000, the EA has increased the balance to $7500.
      • Consistent growth and risk control are key factors.

Remember to monitor your account regularly, stay informed about market news, and adjust settings as needed. Flexy The Dragon EA V2.1.1 MT5 aims to provide steady returns while managing risk effectively.

For further discussions and updates, join our Telegram group: YoForexRobot Telegram.

You can download the EA from our website: https://yoforex.org/product/flexy-the-dragon-ea-v2-1-1-mt5/

🚀📈Happy Trading! 🚀📈