Forex Panthers PRT EA V1.31 MT4
Forex Panthers PRT EA V1.31 for MT4 is a sophisticated Expert Advisor developed by a seasoned prop trader and financial manager, aiming to deliver stable profits with minimal oversight. This EA is designed for optimal conservative trading and investing through exchange instruments, ensuring long-term regular profits with minimal risks.
Key Features:
- Minimum Deposit: $200
- Recommended Timeframe: H1 or H4
- Supported Currency Pairs: All Forex pairs
- Platform: MetaTrader 4 (MT4)
Trading Strategy Overview:
Forex Panthers PRT EA employs a unique algorithm that integrates two proprietary trading strategies, each based on custom indicators tailored for the EA. This dual-strategy approach enhances effectiveness by leveraging:
- Technical Analysis: The EA utilizes deep technical analysis to generate accurate signals and make informed trading decisions.
- Risk Management: Traders can implement their own risk management systems, including filters to control deposit drawdown, ensuring a balance between profitability and safety.
- Market Adaptability: The EA is adept at operating in both flat markets and during sharp or prolonged trend movements. It employs the Martingale method, opening averaging positions based on predefined multipliers and distances set in the settings upon receiving new signals.
- Flexible Exit Strategies: The EA offers two options for closing open positions:
- Indicator-Based Closure: Positions can be closed based on indicator signals when an opposite fractal appears, using a profit size filter in pips.
- Fixed TakeProfit: Positions can be closed upon reaching a fixed TakeProfit level in pips.
When both options are enabled, the EA closes positions based on the condition met first, allowing for adaptability to various trading styles, including scalping, intraday, medium-term, and long-term conservative trading.
Additional Functionalities:
- Time Control: Traders can define specific trading periods, enabling the EA to operate during preferred market hours.
- Lot Management: The EA allows for precise control over lot sizes, including the use of multipliers for subsequent averaging orders.
- Magic Number Assignment: For traders working with multiple instruments simultaneously, the EA supports unique magic numbers for each instrument to ensure proper order management.
- Visual Aids: The EA displays the breakeven level of open orders on the chart as a yellow line, providing clear visual guidance.
User Interface:
The EA features a comprehensive panel displaying essential information:
- Ticker of the traded instrument
- Number of open BUY and SELL orders
- Current unfixed drawdown or profit, with color-coded indicators for easy assessment
- Fixed profit for the current day, week, and month
- Manual controls to close all open BUY or SELL orders if desired
Recommendations:
For conservative trading, it’s advisable to use a cent trading account and enable 24-hour trading mode across all available Forex currencies on H1 or H4 timeframes. Trading simultaneously with 10 to 25 currencies, depending on your account deposit, provides excellent diversification and enhances stability.
Get Started:
- Download the EA: Access Forex Panthers PRT EA V1.31 from our website: https://www.yoforex.org/
- Join Our Community: Connect with fellow traders and receive updates via our Telegram group: https://t.me/yoforexrobot
By integrating Forex Panthers PRT EA V1.31 into your trading strategy, you can leverage its advanced features to achieve consistent and stable trading performance.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈🍀
Stay Updated:
Instant Download: https://www.forexfactory.cc/product/forex-panthers-prt-ea-v1-31/
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Contact and Join our Telegram : https://t.me/yoforexrobot
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