The “Minute 55 Next Generation EA V1.6” for MetaTrader 4 is an automated trading advisor designed to enhance your trading experience. Below is a detailed overview of its key features:

Key Features:

Minimum Deposit:

• The EA is designed to work with various account sizes.
• A minimum deposit of $100 is recommended to trade with a 0.01 lot size across multiple currency pairs.

Time Frame:

• Compatible with any timeframe below H4.
• Recommended timeframe for displaying trading sessions is H1.

Supported Currency Pairs:

• The EA can be applied to any trading instrument.
• It comes pre-configured with parameters for XAUUSD (GOLD)

Trading Strategy:

• Utilizes a combination of Price Action, proprietary indicators, and unique position tracking.
• Employs pending orders to reduce slippage.
• Each trade is accompanied by a stop loss and take profit, with all transactions closed within 3-5 hours.
• Does not use averaging orders, martingale, or other high-risk trading methods.
• Includes a built-in volatility filter optimized for each currency pair.
• All transactions comply with FIFO rules.

Additional Features:

• Starts working immediately after installation and connection to your MT4 account.
• Allows you to choose the optimal working time for the trading robot.

This EA is suitable for traders seeking an automated solution that adapts to various market conditions while maintaining strict risk management protocols.