Tenger Robot EA V1.0 MT4
Tenger Robot EA V1.0 for MT4 is designed to help traders automate their strategies using a well-crafted algorithm. The EA makes trade decisions based on technical analysis, market trends, and volatility indicators. Here’s a breakdown of the minimum deposit, time frame, currency pairs, and the underlying strategy behind its trades.
Key Trading Parameters:
| Parameter | Details |
|---|---|
| Minimum Deposit | $100 – $500 (for stable performance, depending on broker) |
| Time Frame | M15, M30, H1, H4 |
| Currency Pairs | XAU/USD, EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD, USD/CHF |
Trading Strategy:
While specific details about the Tenger Robot EA v1.0’s trading strategy are not publicly disclosed, such Expert Advisors (EAs) typically employ a combination of the following approaches:
- Trend-Following: Identifying and trading in the direction of prevailing market trends using indicators like Moving Averages (MA), Relative Strength Index (RSI), or Moving Average Convergence Divergence (MACD).
- Range Trading: Focusing on support and resistance levels or utilizing oscillators to identify overbought and oversold conditions, entering buy and sell trades within a range-bound market.
- Scalping: Executing numerous small trades over short time frames to capture minor price movements in highly liquid markets.
- Breakout Trading: Identifying key price levels and trading when the market breaks out of these levels, often used in volatile or trending markets.
The EA may utilize a combination of well-known indicators to make trading decisions, such as:
- Moving Averages (e.g., SMA, EMA): To determine trend direction.
- RSI: To gauge overbought and oversold conditions and potential reversals.
- MACD: For momentum analysis and trend confirmation.
Additionally, the EA might automatically adjust trade sizes (lot sizes) based on account balance, percentage risk per trade, or market volatility.
It’s important to note that the effectiveness of any EA depends on various factors, including market conditions, broker execution, and user-defined settings.
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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Additional Resources:
Instant Download: https://www.forexfactory.cc/product/tenger-robot-ea-v1-0/
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