Description
Masdaq Finbot Prime5 EA MT5: Enhancing Your Trading Strategy
Overview
The Masdaq Finbot Prime5 EA MT5 is a powerful automated trading tool that targets the NASDAQ market. Traders can benefit from its precise execution and robust strategy.
Key Features:
- Timeframe: Operates on the H1 (1-hour) chart.
- Minimum Deposit: Requires a minimum account balance of $100.
- Currency Pair: Exclusively trades the NASDAQ index.
Trading Strategy:
- Moving Averages (MA): The EA opens orders based on the 13-period and 21-period moving averages.
- Additional Indicators: It also considers the SAR (Parabolic Stop and Reverse) and MACD (Moving Average Convergence Divergence) indicators.
- Lot Sizing: The lot size dynamically adjusts based on the account balance, similar to compound interest.
- Risk Management:
- Trailing Stop: The EA uses a trailing stop to protect profits.
- Breakeven Point: When an order reaches a certain profit, the stop loss is adjusted to breakeven.
- Order Closure: Orders are closed based on a predefined time (in minutes).
Strategy Type:
- The Masdaq Finbot Prime5 EA MT5 follows a scalping strategy:
- It aims for quick profits from short-term price movements.
- Frequent trades are executed.
- Tight risk management ensures protection against adverse market conditions.
Remember, trading involves risk, and past performance is not indicative of future results. This bot could be your ticket to success—so trade wisely and soar in the Forex world!
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