EA R&J V2 MT4 is an advanced trading robot that utilizes cutting-edge algorithms for precise market analysis and trade execution. It features robust risk management and customizable settings, making it suitable for traders of all experience levels.
EA R&J V2 M4: A Powerful Trading Robot
The EA R&J V2 MT4 is an (EA) designed for M4. It utilizes advanced algorithms to automate trading decisions, aiming for consistent profits in the forex market. Below are the key details:
Recommended Settings
- Minimum Deposit: $100
- Timeframe: M1 (1-minute chart) and H1 (1-hour chart)
- Currency Pairs: EURUSD and GBPUSD
Strategy
- Trend Following: The EA identifies prevailing trends using moving averages or other technical indicators. It enters trades in the direction of the trend.
- Risk Management: The robot calculates position sizes based on account balance and risk tolerance. It aims to protect capital by setting appropriate stop-loss levels.
- Entry Criteria:
- M1 Timeframe:
- Buy Signal: When a short-term moving average crosses above a longer-term moving average.
- Sell Signal: When a short-term moving average crosses below a longer-term moving average.
- H1 Timeframe:
- Buy Signal: When price breaks above a significant resistance level.
- Sell Signal: When price breaks below a significant support level.
- Exit Criteria:
- The EA uses trailing stops or fixed take-profit levels to secure profits.
- It also monitors market conditions and adjusts exit strategies accordingly.
- Avoiding News Events: The robot avoids trading during major economic news releases to minimize volatility-related risks.
Example Trade Execution
- Setup:
- Timeframe: M1
- Currency Pair: EURUSD
- Trend: Bullish (short-term moving average above long-term moving average)
- Trade Execution:
- The EA detects a bullish crossover of moving averages.
- It enters a buy order at the current market price.
- Stop-loss is set below the recent swing low.
- Take-profit is set at a predefined level (e.g., 20 pips).
- Result:
- Price moves in the expected direction.
- Trailing stop adjusts to lock in profits.
- Take-profit is hit, and the trade closes with a profit.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
What’s in the package?
- Experts : EA R&J V2 Only Long.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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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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