TPS Price Action EA V5.0 MT4 is a fully automated Forex robot designed for Metatrader 4. It operates based on a proprietary price action trading strategy, opening and closing trades automatically. With customizable inputs, including stealth take profit and stop loss, this EA has demonstrated impressive performance, earning 3928 pips in a year on the EUR/USD 5-minute chart. Traders can use it with any Forex broker and on any time frame, but it’s advisable to test it on a demo account first.

TPS Price Action EA V5.0: Unveiling a Profitable Trading Strategy

The TPS Price Action EA V5.0 is an Ea. It executes trades automatically, leveraging a unique price action approach. The EA is an automated Forex robot that operates based on a proprietary price action trading strategy. This expert advisor (EA) opens and closes trades autonomously, utilizing a variety of input options, including stealth take profit and stop loss features.

Strategy: The EA relies on a proprietary price action trading strategy.

Inputs Options: Traders can customize various parameters, including:

1. Percent Risk: Adjust the risk level per trade.
   • Stealth Stop Loss: Conceals stop loss levels.
   • Stealth Take Profit: Conceals take profit levels.
   • Defender Slippage: Manages slippage during execution.
   • Maximum Spread: Limits allowed spread.
   • Profit Target: Sets the desired profit goal.

Performance Metrics

Let’s delve into the EA’s performance:

• Back Test Results:
  • Currency Pair: EUR/USD
  • Time Frame: 5-minute chart
  • Total Profit: $3,935.24
  • Profit Factor: +3.35
  • Profit in Pips: 3,928.43
  • Drawdown: 9.3%

Implementation Details

Here’s how to get started with the TPS Price Action EA:

1. Minimum Deposit: Begin with a minimum account balance of $100.
2. Time Frame: The EA works well on any time frame, but we recommend the 5-minute chart for optimal results.
3. Broker Compatibility: Compatible with any Forex broker.
4. Demo Account: Always test the EA on a demo account first.
5. Real Account: Transition to a real account once you’re confident in its performance.

Installation:

To install and run the TPS Price Action EA:

1. Open M 4.
2. Click “File” and select “Open Data Folder”.
3. Navigate to the “MQL4” folder and open “Experts”.
4. Copy the “TPS Price Action EA.ex4” file into this folder.
5. Close and restart M4.
6. Attach the expert advisor to your desired chart.

Compatibility:

It can be used with any Forex broker and should work on any time frame.

 

Risk Management:

As always, it’s advisable to test the EA on a demo account first to understand its behavior and performance over an extended period.

Remember to exercise caution and thoroughly understand its behavior before deploying it on a live account.

What’s in the package?

• Experts : TSP Price Action EA MT4.ex4

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

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You can get it free if you signup Exness with our referral link

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

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