Supply Demand EA ProBot V1.0 MT4: A Powerful Trading Tool
Introduction
The Supply Demand EA ProBot V1.0 MT4 is an automated trading tool that leverages technical analysis to identify supply and demand levels in the market. By doing so, it aims to pinpoint potential entry and exit points for trades. Let’s explore its key features, deployment guidelines, and the strategy behind it.
Key Features
- Automated Supply and Demand Zones:
- The EA automatically identifies high-probability supply and demand zones.
- These zones indicate areas where imbalances occur, potentially signaling trend reversals or strong price movements.
- Recommended Pairs:
- For optimal performance, consider trading pairs such as:
- XAUUSD (Gold/US Dollar)
- AUDUSD (Australian Dollar/US Dollar)
- EURAUD (Euro/Australian Dollar)
- GBPJPY (British Pound/Japanese Yen)
- For optimal performance, consider trading pairs such as:
- Minimum Deposit:
- Start with a minimum deposit of $500.
- This tool is suitable for both individual traders and those participating in FTMO challenge accounts.
- Timeframes:
- The Supply Demand EA ProBot V1.0 MT4 works across various timeframes, from M5 to H1.
- Backtest the EA to determine the optimal timeframe for your trading style.
Trading Strategy
- Supply and Demand Principles:
- The EA’s strategy revolves around supply and demand dynamics.
- It identifies zones where supply exceeds demand (resistance) or demand exceeds supply (support).
- These zones act as potential turning points for price.
- Risk Management:
- The platform incorporates stop-loss and take-profit measures to manage risk.
- Protect your gains while minimizing losses.
- User-Friendly Graphical Trading Panel:
- The EA provides full control over your trading strategy.
- Use the graphical panel to:
- Place trades manually with one click.
- Set parameters for automatic trading.
- Define TP (take profit) and SL (stop loss) ratios.
- Choose between risk-based or ATR-based TP/SL.
- Set upper and lower limit ranges.
- Specify trading hours within the day.
Download Links
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- Website: Supply Demand EA ProBot V1.0 Download
- Telegram Channel: YoForexRobot Telegram
- Download the EA from our website: https://www.forexfactory.cc/
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