IS Yellow EA

IS Yellow EA MT4 Strategy

Overview

The IS Yellow EA is a fully automated trading system designed for Meta Trader 4. It focuses on short-term trend changes and operates within a predefined price corridor. By opening positions in different directions with varying lot sizes, it aims to achieve consistent profits.

Key Parameters

• Symbol: Any currency pair (recommended: XAUUSD, EURUSD, or GBPUSD)
• Timeframe: M1 TO H1 (1-hour chart)
• Minimum Deposit: $300
• Leverage: 1:500 (works with 1:200 or less)
• Preferred Broker: Any MT4 broker

Trading Approach

The IS Yellow EA strategy employs the following components:

1. Price Corridor Creation:
   • The EA establishes a price “corridor” based on recent trend changes.
   • It identifies external borders within this corridor for potential trade entries.
2. Entry and Exit Rules:
   • Buy Signal: When the price crosses above the upper corridor boundary.
   • Sell Signal: When the price crosses below the lower corridor boundary.
3. Risk Management:
   • Stop Loss (SL): Optional (user-defined).
   • Take Profit (TP): Set based on historical price behavior or dynamic levels.
   • Trailing Stop: Adjusts the SL as the trade moves in favor.

Testing and Deployment

Before deploying the IS Yellow EA in live trading, follow these steps:

1. Demo Testing: Thoroughly test the EA on a demo account to understand its behavior and performance.
2. Risk Assessment: Determine an appropriate risk percentage per trade based on your risk tolerance.
3. Backtesting: Backtest the strategy using historical data to evaluate profitability and drawdown.
4. Live Deployment: Once satisfied, deploy the EA on a live account with proper risk management.

Telegram Channel:

Join our Telegram channel for real-time updates, trading insights, and community discussions: https://t.me/yoforexrobot Telegram.

Download the EA:

You can download the IS Yellow EA MT4 directly from our website:  https://www.fxcracked.org/product/is-yellow-ea-mt4-nodll/

Trade with Confidence:

The IS Yellow EA MT4 combines precision, adaptability, and risk management to enhance your trading experience. Whether you’re a day trader or a swing trader, this EA provides a powerful tool for navigating the forex market.

😊Happy Trading😊