Maximize Your Trading Success with ShutterStock EA V1.5 MT4

Overview

Discover the power of automated trading with ShutterStock EA V1.5 MT4, an advanced expert advisor designed to elevate your forex trading experience on the MetaTrader 4 platform. This EA is engineered to identify and capitalize on high-probability trading opportunities, making it a valuable tool for traders at all levels of expertise.

Recommended Settings

• Minimum Deposit: $100
• Timeframe: H1 (1 Hour)
• Currency Pairs: EURUSD, EURCHF

Trade Execution Strategy of ShutterStock EA V1.5 MT4

The ShutterStock EA V1.5 MT4 uses a sophisticated combination of trend-following and range-bound strategies to navigate the EURUSD and EURCHF currency pairs. Here’s an in-depth look at its trading methodology:

• Technical Indicators:
• The EA relies on a synergy of Moving Averages (MA), Relative Strength Index (RSI), and Moving Average Convergence Divergence (MACD) to determine trend direction and momentum.
• Trade Entry:
• The EA enters a trade when these indicators align, confirming a strong trend.

• For instance, if the Moving Averages indicate an upward trend, the RSI is above 50, and the MACD line is above the signal line, the EA will execute a buy trade.
• Risk Management:
• Stop-loss levels are set below recent support levels for buy trades and above recent resistance levels for sell trades, protecting against adverse market movements.
• Take-profit targets are established using a risk-reward ratio to ensure each trade has a favorable potential reward compared to the risk.

Range-Bound Strategy

• Market Analysis:
• The EA identifies significant support and resistance levels, using Bollinger Bands and the Average True Range (ATR) to define potential trading ranges.
• Trade Execution:
• When the price oscillates within a defined range and approaches either the upper or lower boundary, the EA executes a trade expecting a reversal.
• For example, if the price reaches the upper Bollinger Band and the ATR indicates low volatility, the EA will place a sell trade anticipating a price decline.
• Risk Management:
• Stop-loss orders are placed just outside the trading range to protect against unexpected breakouts.
• Take-profit levels are set within the range to capture the anticipated price reversal.

Contact and Download

Telegram Link – https://t.me/+yfGB1dbSxjAyNmI9

Download the EA

https://www.yoforex.org/product/shutterstock-ea-v1-5/

https://www.forexfactory.cc/product/shutterstock-ea-v1-5/

https://www.mql5.software/product/shutterstock-ea-v1-5/

https://www.fxcracked.org/product/shutterstock-ea-v1-5/

😎Happy Trading😎