Dracula EA

Dracula EA: Unveiling the Trading Strategy

Overview:

• Name: Dracula EA
• Platform: MetaTrader 4 (MT4)
• Developer: Anatoliy Lukanin
• Version: 1.2 (Updated: September 29, 2023)
• Activations: 10

Key Features:

• Fully Automated: Dracula EA operates without grid strategies, martingale, or averaging positions.
• Trading Approach: It adapts to market conditions, using either limit orders or market execution.
• Risk Management: Fixed Stop Loss and dynamic Take Profit levels.
• Currency Pairs: Recommended pairs include EURCHF, USDCHF, EURGBP, GBPUSD, and EURUSD. Other pairs to explore: CADCHF, AUDCAD, EURCAD, GBPCHF, AUDUSD, AUDCHF, NZDCHF.

Trading Parameters:

1. Risk Management:
   • Choose between trading risk or fixed lot size.
   • Specify the amount of risk or fixed lot.
   • Decide whether to increment the lot size statically or dynamically.
   • Set the increment size (lot/percentage) relative to the original lot.
2. Stop Loss and Take Profit:
   • Virtual Stop Loss prevents dynamic spread interference.
   • Real Stop Loss ensures position closure in unforeseen circumstances.
   • Take Profit dynamically managed by the EA.
3. Time Frame:
   • Dracula EA operates on H4 charts.
4. Minimum Deposit:
   • For trading one pair on one account: 100 units of deposit.
   • For multiple pairs on one account: 50-100 units of deposit per currency pair.
5. Additional Settings:
   • Use a reliable VPS or ensure uninterrupted internet connectivity.
   • Opt for ECN accounts with moderate spreads and commissions.
   • Consider trading during Monday mornings.

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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