Description
Lolitha EA V1.4 MT4 + SetFiles
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Overview:
- Name: Lolitha EA V1.4 MT4
- Type: Fully automated trading system
- Purpose: Scalping strategy for short-term market movements
- Developer: Unknown
- Version: 1.4
- Activations: Unlimited
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Strategy:
- The Lolitha EA focuses on capturing small price movements.
- It employs a combination of technical indicators to identify precise entry and exit points.
- Risk management includes setting stop loss (SL) and take profit (TP) levels.
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Minimum Deposit:
- Recommended: $100 (or equivalent in cents)
- Preferred: Adjust based on your risk tolerance and account size.
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Timeframe:
- Optimal: M1 (1-minute chart)
- Suitable for M15 and higher timeframes.
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Currency Pairs:
- The EA can be deployed across 25 currency pairs.
- Adjust lot sizes according to your capital and risk appetite.
- Best results observed with:
- EURUSD
- GBPUSD
- USDJPY
- AUDUSD
- XAUUSD (Gold)
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Customizable Settings:
- Lot Size: Adjust based on your available funds.
- SL and TP Levels: Customize to align with your risk management strategy.
- Trailing Stop: Enable or disable as needed.
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How the EA Takes Trades:
- The Lolitha EA combines technical indicators to identify favorable entry points.
- It monitors price movements and executes trades based on predefined criteria.
- The EA adheres to specific trading timeframes, optimizing precision.
- If you’re interested, you can download the Lolitha EA V1.4 MT4 + Setfiles from our website : https://yoforex.org/Join our Telegram channel (YoForex Premium) for real-time insights and discussions with fellow traders.
Remember, successful trading requires thorough testing, risk management, and a solid understanding of the strategy.
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