Description
Future EA MT4 V1.30
Introduction
The Future EA MT4 V1.30 is an automated trading robot that executes trades based on predefined criteria. It’s suitable for traders who want a rule-based approach without the complexities of manual trading. Let’s break down its key features:
- Minimum Deposit: $100
- Timeframe: H1 (1-hour chart)
- Platform: MetaTrader 4 (MT4)
- Recommended Currency Pairs: GBPUSD and USDCHF
- Strategy Type: Scalper
Strategy Overview
The Future EA MT4 V1.30 follows a scalping strategy, aiming for quick profits from short-term price movements. Here’s how it works:
- Bollinger Bands Focus: The EA closely monitors Bollinger Bands, which help identify volatility and potential entry points.
- Short-Term Trades: It seeks opportunities within the H1 timeframe, capitalizing on rapid price fluctuations.
- Risk Management: Each trade includes a Stop Loss and Take Profit level to manage risk effectively.
- No Martingale or Hedging: Unlike riskier strategies, this EA avoids martingale and hedging techniques.
Trade Execution
The EA takes trades based on the following criteria:
- Buy (Long) Trade:
- When the price touches the lower Bollinger Band, indicating potential upward movement.
- Confirming candlestick patterns (e.g., bullish engulfing) support the buy signal.
- Take Profit is set at a predefined level (e.g., 10 pips).
- Stop Loss is placed below the recent swing low.
- Sell (Short) Trade:
- When the price touches the upper Bollinger Band, suggesting potential downward movement.
- Confirming candlestick patterns (e.g., bearish engulfing) support the sell signal.
- Take Profit is set at a predefined level (e.g., 10 pips).
- Stop Loss is placed above the recent swing high.
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Additional Resources
Instant Download: https://yoforex.org/product/future-ea/
Contact: @yoforexpremium
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