Name: LUKE Universal EA V2 (Source Code) MQ4 - Free Download
Availability: InStock

LUKE Universal EA V2 (Source Code)

The LUKE Universal EA V2 MQ4 is a sophisticated trading algorithm designed for MetaTrader 4. It integrates multiple technical indicators like Moving Averages, RSI, and Bollinger Bands to automate trading decisions. This EA offers customizable settings, making it adaptable to various trading strategies and market conditions.

Description

LUKE Universal EA V2 (Source Code): Your Ultimate Trading Companion

The LUKE Universal EA V2 is a versatile and powerful Expert Advisor designed for traders who seek to automate their trading strategies. This EA is equipped with multiple indicators and customizable settings, making it suitable for various trading styles and market conditions.

Strategy

Moving Averages: Utilizes crossover or trend indicators to determine market direction.
Stochastics: Identifies overbought and oversold conditions.
RSI (Relative Strength Index): Measures the speed and change of price movements.
Bollinger Bands: Provides volatility and trend information.
Fractals: Detects potential reversal points.
CCI (Commodity Channel Index): Identifies cyclical trends.
Alligator: Uses multiple moving averages to identify trends.
MACD (Moving Average Convergence Divergence): Indicates momentum and trend direction.

Recommended Settings

Minimum Deposit: $500
Time Frame: H1 (1 Hour)
Currency: EUR/USD

Key Features

Customizable Indicators: Choose from a variety of indicators to match your trading style.
Trailing Stop: Protects profits by adjusting the stop loss as the market moves in your favor.
Day and Time Filter: Allows trading only during specific days and times.
News Filter: Avoids trading during high-impact news events to reduce risk.
Full Source Code: Provides transparency and the ability to modify the EA to suit your needs.