White Hat FX EA V2.O MT4

Description

• Strategy Overview:

  • The White Hat FX EA V2.O MT4 is an algorithmic trading system designed for the Meta Trader 4 platform.
  • It operates on a 1-minute timeframe (M1), allowing for rapid execution of trades.
  • The EA primarily focuses on three currency pairs: GBPJPY, GBPUSD, and EURGPY.

• Minimum Deposit:

  • To get started with this EA, a minimum deposit of $500 is recommended. This ensures sufficient capital to withstand market fluctuations and maintain effective risk management.

• Trade Execution:

  • The EA employs a combination of technical indicators, price action analysis, and trend-following strategies.
  • It identifies high-probability trade setups and executes both buy and sell orders.
  • Trades are typically held for short durations, aligning with the chosen timeframes (M5, M15, and H1).

• Risk Management:

  • The White Hat FX EA V2.O MT4 maintains a disciplined approach to risk management.
  • It uses tight stop-loss levels to limit potential losses.
  • Position sizing is calculated based on account balance and risk tolerance.

• Profitability:

  • The EA has achieved remarkable gains, with a cumulative profit of $2,792,566.58 since its inception.
  • It capitalizes on both bullish and bearish market movements, adapting to changing conditions.

• Drawdown:

  • The maximum drawdown observed is 5.71%, indicating prudent risk control.
  • Preservation of capital during adverse market phases is a key strength.

• FTMO Challenges:

  • The White Hat FX EA V2.O MT4 has successfully met the challenges posed by FTMO, demonstrating consistency and adherence to their stringent criteria.

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Remember that automated trading carries inherent risks, and it’s essential to thoroughly test any EA on a demo account before deploying it in a live trading environment. Always stay informed and adapt your strategy as market conditions

😊HAPPY TRADING😊