Prometheus NG EA V1.3 MT4 NoDLL

Description

Prometheus NG EA V1.3: A Powerful Gold Trading Solution

Key Features:

1. No Risky Techniques: The Prometheus NG EA is designed with risk management in mind. It avoids dangerous trading methods such as martingale and hedging.
2. Stop-Loss Protection: Each trade is safeguarded by a stop-loss (SL), ensuring controlled risk exposure.
3. Easy Installation: The EA is fully optimized and straightforward to install. No complex settings adjustments required.
4. 24/7 Operation: Utilize a Virtual Private Server (VPS) to keep the EA running continuously.

Trading Strategy:

The Prometheus NG EA combines two effective strategies: the breakthrough strategy and the level strategy. Let’s delve into the specifics:

1. Breakthrough Strategy:
   • The EA identifies potential breakout points in the XAUUSD market.
   • When price breaches a significant level (resistance or support), the EA triggers a trade.
   • Breakouts are validated by historical price action and volatility analysis.
2. Level Strategy:
   • The EA also considers key levels (support and resistance) as potential entry points.
   • It waits for price to approach these levels before initiating trades.
   • By combining breakouts and levels, the EA aims for optimal entry timing.

 

Recommended Settings:

• Currency Pair: XAUUSD (Gold)
• Timeframe: M5 (5-minute candles)
• Minimum Deposit: $500 (or higher for better risk management)
• Account Type: Any account type compatible with Meta Trader 4

How the EA Takes Trades:

1. Breakout Entries:
   • When a significant price level is breached (upward or downward), the EA enters a trade.
   • Stop-loss is placed to limit potential losses.
   • Take-profit levels can be set based on historical price movements or Fibonacci extensions.
2. Level-Based Entries:
   • The EA monitors key support and resistance levels.
   • If price approaches a level, the EA opens a position.
   • Stop-loss and take-profit are applied to manage risk and secure profits.

 

Additional Information:

 

• Download Link: You can download the Prometheus NG EA V1.3 from our website: https://yoforex.org/product/prometheus-ng-ea-v1-3-mt4-nodll/
• Telegram Channel: Join our Telegram channel for updates and discussions: https://t.me/yoforexrobot

 

Remember, successful trading involves thorough testing, optimization, and adapting the EA to your specific risk tolerance. Prometheus NG EA V1.3 provides a solid foundation for XAUUSD trading, but always consider your individual circumstances and preferences.

 

🚀📈Happy Trading 🚀📈