Ilan trio V1.47 EA

The Ilan Trio V1.47 EA MQ4 is a cutting-edge trading robot designed to optimize Forex trading by leveraging advanced technical indicators and algorithms. It excels in identifying profitable trading opportunities on shorter time frames, such as 15-minute and 30-minute charts. Ideal for major currency pairs like EUR/USD and GBP/USD, this EA offers robust risk management features to enhance trading performance and mitigate risks.

Description

Ilan Trio V1.47 EA MQ4

Minimum Deposit:

Recommended Minimum Deposit: $500
Purpose: To ensure effective trading and to manage risk appropriately.

Time Frame to Run:

Ideal Time Frame: M15 (15-Minute Chart)
Purpose: Provides a balanced approach between trade frequency and quality.

Currency Pairs to Use:

Recommended Currency Pairs:
- EUR/USD
- GBP/USD
- USD/JPY
Purpose: These pairs are chosen for their liquidity and volatility, which align well with the EA’s trading strategy.

Trading Strategy:

Trade Execution:
- The EA utilizes a combination of trend-following and mean-reversion strategies.
- It identifies market trends and adjusts trades based on short-term price fluctuations.
Entry and Exit Rules:
- Entry: Trades are initiated based on a mix of moving averages and momentum indicators. The EA looks for crossovers and significant price movements to determine optimal entry points.
- Exit: Positions are closed when the market shows signs of reversing or when predefined profit targets are met.
Risk Management:
- Stop Loss and Take Profit: The EA employs automated stop-loss and take-profit levels to protect trades and lock in profits.
- Trailing Stop: Adjusts stop-loss levels dynamically to maximize gains and minimize losses.
Additional Features:
- Adaptive Settings: The EA adjusts its parameters based on market conditions to optimize performance.
- News Filter: It includes a news filter to avoid trading during high-impact news events that might lead to volatility.