Description
💥Smart Limit EA Overview💥
- Name: Smart Limit EA
- Platform: MetaTrader 4 (MT4)
Key Features
- Strategy: The Smart Limit EA uses a correlation-based hedging strategy to manage positions.
- Timeframes: It works best on M15 and H1 timeframes, but it can be used on any timeframe.
- Currency Pairs: Recommended pairs include:
- EURUSD
- GBPUSD
- And more (such as AUDCAD-NZDUSD, AUDNZD-NZDUSD, EURGBP-GBPCHF, e
How the EA Takes Trades
- Correlation Method: The EA identifies highly correlated instruments and opens opposite positions when they diverge.
- Convergence: It closes positions when the correlated instruments converge.
- Risk Management: The EA aims to limit drawdowns by hedging correlated pairs, covering potential losses with returns from the other instrument.
- Spread and Execution: Use a low spread ECN account and consider running it on a reliable forex VPS for stable results.
- Demo Testing: Always test the EA on a demo account before live trading to gain experience and build confidence.
TELEGRAM LINK : https://t.me/yoforexrobot
DOWNLOAD LINK : https://yoforex.org/product/smart-limit-ea-mt4/
Remember, the Smart Limit EA is not backtestable due to its hedging and correlation strategy. Live trading results are the best way to assess its performance.
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