SamFX Edge Hunter EA V3.5 MT4
Overview:
- Minimum Deposit: $500
- Timeframe: M5 (5-minute chart)
- Platform: MetaTrader 4 (MT4)
- Currency Pairs: EUR/USD, GBP/USD, XAU/USD
Strategy:
The SamFX Edge Hunter EA V3.5 employs a unique approach to trading. Let’s delve into its strategy:
- Buy Cheap, Sell High Principle:
- The EA aims to capitalize on price fluctuations by buying at lower levels and selling when prices rise.
- It identifies entry points using built-in indicators.
- Basket Trading with Martingale Strategy:
- The EA groups open orders into “baskets.”
- If the initial entry isn’t precise, it uses a well-thought-out martingale strategy to manage positions.
- Basket orders are automatically closed when the take-profit level is reached.
- Geometry Control:
- The EA maintains an almost perfect geometry of the open basket, regardless of market conditions (slippage, spreads, etc.).
- It adapts to any market situation, even during high-impact news events.
- Order Management:
- The first order is opened only under appropriate market conditions.
- New levels (orders) are added to the basket as needed.
- Take-profit levels are consistent across all orders in the basket.
Strategy Type:
- Not a Scalper: It doesn’t engage in short-term trading or scalping.
- Flexible Multiplier Settings: New basket levels can be opened with increased or the same volume due to flexible multiplier settings.
Remember, trading involves risk, and past performance is not indicative of future results. This bot could be your ticket to success—so trade wisely and soar in the Forex world!
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