PureDailyEA V7.70 MT4 - FREE DOWNLOAD

Unlock Profits with PureDailyEA V7.70: Your Ultimate Trading Assistant

Overview

PureDailyEA V7.70 is a powerful and efficient trading expert advisor (EA) designed for MetaTrader 4 (MT4). It’s tailored for traders who seek to capitalize on daily price fluctuations using a strategy that combines advanced technical indicators with market dynamics. With its user-friendly interface, robust settings, and adaptable features, PureDailyEA V7.70 aims to provide consistent trading profits while minimizing risks, making it suitable for both novice and experienced traders.

PureDailyEA V7.70 is a cutting-edge Expert Advisor designed to enhance your trading efficiency with advanced technical tools and automated strategies. Its user-friendly setup, powerful risk management features, and trend-following approach make it a valuable tool for traders looking to achieve consistent results in the Forex market.

Recommended Settings

To get the best results from PureDailyEA V7.70, it is important to configure the recommended settings correctly. These settings include risk management parameters, lot size, stop-loss levels, and specific technical indicators used by the EA.

Risk Management: Set the risk percentage based on your comfort level. The recommended risk percentage is 2-5% per trade.
Lot Size: Choose the lot size according to your account balance. A smaller lot size reduces risk, while a larger lot size offers higher potential profits.
Stop-Loss and Take-Profit: Use moderate stop-loss and take-profit levels to safeguard your account from drastic market moves while maximizing gains.
Indicators: PureDailyEA V7.70 uses a combination of Moving Averages, RSI, and custom trend filters to determine optimal entry and exit points.

Minimum Deposit

The minimum deposit required to run PureDailyEA V7.70 efficiently is $500. This allows for sufficient margin and risk management to handle market volatility and unexpected price shifts. A larger deposit may be necessary if you want to increase the lot size or engage in riskier trading strategies.

Timeframe

PureDailyEA V7.70 is optimized to run on the H1 (Hourly) timeframe. This ensures that the EA has enough time to analyze price movements and identify profitable opportunities while filtering out minor market fluctuations that can result in false signals. The hourly chart strikes a good balance between shorter-term scalping and longer-term swing trading.

Currency Pair

PureDailyEA V7.70 is optimized for several currency pairs, with a focus on major and minor pairs that exhibit high liquidity and lower spreads. These pairs tend to offer more consistent price action, which enhances the accuracy of the EA’s signals and strategies.

Key Features

PureDailyEA V7.70 stands out due to its robust set of features designed to maximize profits while controlling risk. Key features include:

Multi-Currency Trading: The EA can trade multiple currency pairs simultaneously, increasing your chances of capturing profitable opportunities.
Auto Lot Calculation: Automatically adjusts lot sizes based on your account balance, ensuring that you stay within your risk management parameters.
News Filter: The EA comes with a built-in news filter to avoid trading during major market events that could cause sudden price spikes.
Trailing Stop: A trailing stop feature is implemented to lock in profits as trades move in your favor, minimizing losses and maximizing gains.
Customizable Indicators: PureDailyEA V7.70 allows you to customize its internal indicators, giving you flexibility in refining your trading strategy.
Drawdown Control: Helps to minimize account drawdown by limiting the number of open trades and managing trade exposure.

Strategy

PureDailyEA V7.70 utilizes a trend-following strategy combined with dynamic risk management techniques. The EA looks for strong market trends, either bullish or bearish, and then places trades in the direction of the trend. It uses a combination of Moving Averages to identify the trend and the RSI indicator to confirm overbought or oversold conditions, which helps to avoid entering trades during periods of market exhaustion. Additionally, PureDailyEA V7.70 incorporates a volatility filter to avoid entering trades in choppy, unpredictable market conditions.

Once a trade is executed, the EA manages it with tight stop-loss and trailing stop features, locking in profits as the market moves favorably. The trailing stop ensures that you don’t miss out on profits during strong trends, while the stop-loss helps protect your account from major losses. By balancing trend-following with sound risk management, PureDailyEA V7.70 helps traders to profit consistently from market movements.

Conclusion

PureDailyEA V7.70 is a versatile and reliable expert advisor that offers a solid combination of customizable settings, risk management tools, and robust technical analysis. Whether you’re a novice trader looking to automate your trades or an experienced trader wanting to enhance your trading efficiency, PureDailyEA V7.70 is designed to deliver consistent results with minimal risk exposure. The EA’s ability to adapt to different market conditions, combined with its advanced technical features, makes it a must-have tool for any serious trader.