EA GTM FX V1.02 Overview
- Name: EA GTM FX V1.02
- Platform: MetaTrader 4 (MT4)
- Telegram Channel: FX Cracked Real
- Download Link: FX Cracked Website
Key Features
- Minimum Deposit:
- To use EA GTM FX V1.02 effectively, consider starting with a minimum deposit of $500. This ensures sufficient capital for trading and risk management.
- Optimal Time Frame:
- The EA performs best on the H1 (1-hour) time frame. This time frame allows for accurate analysis and timely execution of trades.
- Recommended Currency Pairs:
- EA GTM FX V1.02 is optimized for the following currency pairs:
- EUR/USD: The most traded pair with low spreads.
- GBP/USD: Known for its volatility and liquidity.
- USD/JPY: A popular pair with consistent movement.
- EA GTM FX V1.02 is optimized for the following currency pairs:
Trading Strategy
The EA GTM FX V1.02 employs a trend-following strategy based on moving averages and price action. Here’s how it takes trades:
- Moving Averages (MA):
- The EA uses a combination of short-term and long-term MAs to identify trends.
- When the short-term MA crosses above the long-term MA, it generates a buy signal.
- Conversely, when the short-term MA crosses below the long-term MA, it generates a sell signal.
- Price Action Confirmation:
- Before executing a trade, the EA verifies the MA signals with price action patterns.
- It looks for candlestick formations, support/resistance levels, and breakouts to confirm the trend direction.
- Risk Management:
- EA GTM FX V1.02 incorporates strict risk management rules.
- It calculates position size based on account balance and stop-loss levels.
- The maximum risk per trade is typically set at 1-2% of the account balance.
Example Trade Scenario
- Buy Trade:
- The short-term MA (e.g., 20-period EMA) crosses above the long-term MA (e.g., 50-period SMA) on the EUR/USD H1 chart.
- Price action confirms an uptrend with higher highs and higher lows.
- The EA enters a buy order with a predefined take profit and stop loss.
- Sell Trade:
- Conversely, if the short-term MA crosses below the long-term MA, indicating a downtrend, the EA executes a sell order.
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.fxcracked.org/product/ea-gtm-fx-v1-02-mt4-set-files/
Contact: https://t.me/yoforexrobot
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