Fireball EA V1.0 MT4 is a powerful automated trading system designed for the MetaTrader 4 (MT4) platform. It specializes in scalping on the M15 timeframe and supports popular currency pairs such as EURUSD, GBPUSD, USDJPY, USDCAD, USDCHF, AUDUSD, and NZDUSD. With a minimum deposit of $200, Fireball EA executes fast trades with a dynamic lot sizing feature, providing traders with flexibility based on their risk tolerance. The EA incorporates hedging for risk management, making it ideal for traders seeking consistent profits with minimal exposure. Its combination of scalping and hedging strategies ensures effective trade execution and risk control.

Fireball EA V1.0 for MT4 is an advanced expert advisor tailored for traders looking to automate their Forex trading and maximize profits. This robust EA is designed to monitor market trends, identify potential trade setups, and execute trades on your behalf. Fireball EA offers a reliable and efficient solution for both novice and experienced traders, making it an ideal tool for those seeking consistent results with minimal manual intervention.

Recommended Settings

• Platform: MetaTrader 4 (MT4)
• Lot Size: 0.01 or adjust based on account size
• Account Type: Standard or ECN for best trading conditions
• VPS: Use a VPS to ensure the EA runs 24/7 without interruption
• Broker: Low spread and low commission broker for better execution
• Minimum Deposit: $200
• Timeframe: M15
• Currency Pairs: EURUSD,GBPUSD,USDJPY,USDCAD,USDCHF,AUDUSD,NZDUSD

Key Features

• Fully Automated Trading: Fireball EA handles every aspect of trading, from identifying trends to opening and closing trades automatically. Traders can sit back and let the EA do the work.
• Multi-Currency Compatibility: Trade multiple currency pairs at once, ensuring better diversification and maximizing potential profits.
• Advanced Risk Management: Stop-loss, take-profit, and trailing stop features are integrated to protect against large losses while maximizing profitable trades.
• Customizable Parameters: Whether you are a beginner or an advanced trader, Fireball EA offers customizable settings to fit your trading style. Adjust lot sizes, risk levels, and other parameters easily.
• Trend-Following Algorithm: Fireball EA V1.0 uses a powerful trend-following strategy, detecting key market trends to make accurate entry and exit decisions.

Strategy

• Fireball EA V1.0 is built on a trend-following strategy that capitalizes on market direction by using sophisticated technical indicators. It combines moving averages, support/resistance levels, and oscillators like the RSI to determine the best entry points. The EA opens positions when the market aligns with the prevailing trend, ensuring a higher probability of success.
• It also uses stop-loss and take-profit mechanisms, adjusting them dynamically to ensure risk is minimized and profits are secured. The EA is programmed to manage positions using trailing stops, allowing for maximum profit capture while minimizing potential drawdowns. By focusing on trend direction, Fireball EA avoids low-probability trades and keeps the trading account safe during volatile market conditions.

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

• Fireball EA V1.0 MT4.ex4

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