Price Action EA v1.0 MT4 is a powerful approach to trading that doesn’t rely on traditional indicators. Instead, it focuses on analyzing raw price movement using patterns, chart elements, and support/resistance levels. One of the key patterns in Price Action is the Inside Bar.

The EA Price Action MT4 is an expert advisor designed to harness the potential of Price Action trading. By analyzing raw price movement and patterns, this EA aims to automate trading decisions based on the Inside Bar pattern. Let’s dive into the specifics:

Key Features

• Strategy: The EA focuses on the Inside Bar pattern, a powerful Price Action setup.
• Minimum Deposit: To get started, allocate a minimum of $500 to your trading account.
• Timeframe: Optimal timeframes for running this EA are M1 or M5.
• Currency Pair: The recommended currency pair is AUDUSD.

Trading Strategy

Inside Bar Pattern

The Inside Bar pattern occurs when a bar’s entire body and wicks lie within the range of the previous (mother) bar. Here’s how it works:

1. Identification: The EA scans for Inside Bars on the selected timeframe.
2. Volatility Timing: During volatile market conditions (typically after major news events), the market oscillates before making a strong move.
3. Trade Decision: The EA opens a trade in the direction of the Inside Bar (e.g., long trade) during this volatile period.

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:

• Price Action EA v1.0 MT4.ex4

Presets

• PriceAction DD26% 23-24.set

Indicators

• Price Action Channel.ex4

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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.