DOMINANT EA MT4
Elevate your trading experience with the DOMINANT EA for MetaTrader 4 (MT4). This expert advisor (EA) is designed to enhance your trading strategy, ensuring precision and efficiency in every trade.
Key Features
- Minimum Deposit: $100
- Time Frame: M15 (15-minute chart)
- Currency Pair: EUR/USD
Strategy Overview
The DOMINANT EA employs a robust trading strategy, focusing on the EUR/USD, GBP/USD, and USD/JPY currency pair. Here’s how it works:
- Trade Execution:
- Trend Analysis: The EA uses advanced trend analysis to identify potential trade opportunities.
- Support and Resistance Levels: It evaluates support and resistance levels to make informed trading decisions.
- Stop Loss and Take Profit: Each trade is protected by predefined stop loss and take profit levels, ensuring risk management.
- No Grid or Martingale: The EA does not use risky strategies like grid or martingale, making it safer for long-term use.
- Setup Instructions:
- Broker Requirements: Use a broker with low spreads and fast execution for optimal performance.
- VPS Recommended: To ensure continuous operation, it is recommended to use a VPS (Virtual Private Server).
Performance Insights
- Backtesting Results: The EA has undergone extensive backtesting, showing consistent performance across various market conditions.
- Live Trading: Currently in use on several investment accounts with varying profit/risk ratios.
Risk Management
- Drawdown Management: The EA includes drawdown management functionality, crucial for passing prop firm challenges.
- Account Types: Suitable for all account sizes, from small personal accounts to large prop firm accounts.
Download Links
- Website: DOMINANT EA Download
- Telegram Channel: YoForexRobot Telegram
- Download the EA from our website: https://www.forexfactory.cc/
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