AI Candle EA V1.0 for MT4: Optimized Trading Parameters
The AI Candle EA V1.0 for MetaTrader 4 is meticulously designed to enhance your trading experience by leveraging advanced candlestick pattern recognition. To maximize its potential, consider the following optimized settings:
- Minimum Deposit: $100
- Recommended Timeframe: H4 (4-hour)
- Optimal Currency Pairs: EURUSD and GBPUSD
Trading Strategy Overview
The EA employs a strategy centered on identifying sequences of three consecutive bullish or bearish candles to capture potential trend directions. When three candles appear in the same direction (bullish or bearish), the EA automatically opens a trade in the corresponding direction, allowing traders to capitalize on short-term trends efficiently.
Key Features
- Three-Candle Trend Strategy: Automatically places a BUY order if three consecutive bullish candles appear, and a SELL order if three consecutive bearish candles appear.
- Optimal Currency Pairs: Specifically optimized for the EURUSD and GBPUSD pairs, maximizing its effectiveness in capturing profitable moves on these popular assets.
- Safe Risk Management: The EA calculates lot size based on 1% of the total account balance, ensuring manageable risk for each trade, and requires a minimum account balance of only $50.
- Fixed Stop Loss and Take Profit: Automatically sets Stop Loss and Take Profit levels of 100 points each, protecting your capital and securing profits.
For more detailed information and to download the EA, please visit our website: https://www.forexfactory.cc/
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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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