Sprout EA Bank V2.0 MT4 is an ultimate trading system designed for forex markets. It operates on the M4 platform and follows a scalping strategy. The EA focuses on GBPUSD and EURUSD currency pairs, aiming to maximize profit while managing risk through precise entry and exit points.

Sprout EA Bank V2.0: An Expert Advisor

Introduction

Sprout EA Bank V2.0 is forex trading program designed for the forex market. It operates on the popular MetaTrader 4 (MT4) platform and aims to generate consistent profits through scalping trades. Let’s dive into the details:

Key Information

• Minimum Deposit: $100
• Timeframe: M30 (30-minute chart)
• Currency Pairs: GBPUSD, EURUSD
• Strategy Type: Scalping
• Risk Management: Utilizes Stop Loss (SL) and Take Profit (TP)

Strategy Breakdown

1. Scalping Approach: Sprout EA Bank V2.0 follows a scalping strategy, which means it aims to profit from short-term price fluctuations. It identifies quick opportunities in the market and executes rapid trades.
2. Timeframe: The EA operates on the M30 timeframe, allowing it to capture intraday movements efficiently.
3. Currency Pairs: It focuses on GBPUSD and EURUSD, two major currency pairs known for their liquidity and volatility.
4. Risk Management:
   • Stop Loss (SL): Sprout EA Bank V2.0 sets predefined stop-loss levels for each trade. If the market moves against the position, the SL triggers to limit potential losses.
   • Take Profit (TP): The EA also defines take-profit levels. When the market reaches these levels, it locks in profits by closing the trade.
5. Trade Execution:
   • Buy (Long) Trades: The EA identifies buying opportunities based on its algorithm. It looks for favorable conditions (such as oversold regions or trend reversals) and enters long positions.
   • Sell (Short) Trades: Conversely, when conditions favor a downtrend, Sprout EA Bank V2.0 executes short trades.
6. Risk Control: The EA manages risk by adjusting lot sizes based on account balance and market conditions. It avoids overleveraging and aims for consistent, sustainable growth.
7. Profit Factor: The EA’s historical performance shows a profit factor of 1.01, indicating a balanced risk-reward ratio.

What’s in the package?

• Experts : Sprout-EA-BANK_Ver2.0_fix_1420.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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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.

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