Franklin EA: A Brief Overview
The Franklin EA is an M4 forex EA designed to assist traders in navigating the forex market efficiently. It operates based on aggregate strategic analysis, aiming to determine the trend direction over a specific period.
- Fully Automated Trading: The EA runs on M4 and executes trades automatically.
- Aggregate Strategic Analysis: It analyzes historical data and current market conditions to make informed trading decisions.
- Customizable Settings: Traders can adjust settings to match their preferred trading style and risk tolerance.
- Protection Against Large Drawdowns: The EA employs risk management techniques to limit losses.
Recommended Settings
- To get the most out of AvtomatFX Franklin EA, consider the following settings:
- Minimum Deposit: Start with a minimum account balance of $15,000 for standard accounts or $15 for cent accounts.
- Supported Currency Pairs: The EA is optimized for the following pairs:
- EURUSD
- XAUUSD
- GBPUSD
- Timeframes: AvtomatFX Franklin EA performs well on the M1 and H1 timeframes.
Strategy
The EA’s strategy revolves around trend-following. It identifies the overall trend direction and opens trades in alignment with that trend. By doing so, it aims to maximize profitability and minimize risk.
Additional Resources
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