Supply Demand EA ProBot V1.0 MT4

Description

Supply Demand EA ProBot V1.0 MT4

Overview

The Supply Demand EA ProBot V1.0 MT4 is a powerful tool suitable for both individual traders and prop firms. It automatically identifies high-probability supply and demand zones, allowing you to capitalize on market movements. Here are the essential details:

• Minimum Deposit: $500 (recommended for single pairs or FTMO challenge accounts).
• Timeframes: Works on all MT4 timeframes (from M5 to H1).
• Currency Pairs: Recommended pairs include XAUUSD, AUDUSD, EURAUD, and GBPJPY.
• Platform: Compatible with MetaTrader 4 (MT4).
• Risk Management: The EA incorporates stop-loss and take-profit measures to manage risks and protect gains.
• Trading Strategy: Based on supply and demand principles, the EA identifies zones where imbalances occur, signaling potential trend reversals or strong price movements.

Trading Strategy

The Supply Demand EA ProBot V1.0 MT4 follows a robust strategy rooted in supply and demand dynamics. Here’s how it works:

1. Zone Identification:
   • The EA scans historical price data to locate supply and demand zones.
   • Supply zones represent areas where sellers dominate, leading to potential price declines.
   • Demand zones indicate areas where buyers are active, potentially causing price increases.
2. Entry and Exit Points:
   • When a valid supply or demand zone is identified, the EA waits for confirmation.
   • For supply zones (resistance), it looks for bearish candlestick patterns or price rejections.
   • For demand zones (support), it seeks bullish confirmation.
   • Once confirmed, the EA enters trades with appropriate lot sizes.
3. Risk Management:
   • Stop-loss and take-profit levels are set for each trade.
   • The EA avoids risky strategies like Martingale or Grid, ensuring controlled risk exposure.
4. Timeframe Considerations:
   • Lower timeframes (M5) provide more frequent trades but smaller profit targets.
   • Higher timeframes (H1) yield fewer trades but potentially larger profits.

 

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Additional Resources 

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