Price Action Robot Forex Pro EA MT4

The Price Action Robot Forex Pro EA MT4 is an automated trading system designed to execute trades based on price action patterns. Unlike typical trading systems that rely on traditional indicators, this EA focuses on raw price data and historical movements to identify potential future price changes.

Key Features:

• Minimum Deposit: The recommended minimum deposit to run the EA effectively is $500. However, you can adjust this based on your risk tolerance and account size.
• Time Frame: The EA operates on the 1-hour (H1) time frame. This allows it to capture price action patterns and trends within a reasonable time window.
• Currency Pair: The EA is optimized for the EUR/USD currency pair. However, it can be used with other major pairs as well.

Trading Strategy:

1. Price Action Analysis: The EA analyzes price movements within a certain time period. It identifies candlestick patterns, support/resistance levels, and trend reversals.
2. Algorithmic Filtering: The EA uses an algorithmic calculation in every tick to filter out noise and false signals. This ensures that only high-probability trades are taken.
3. Risk Management: The EA follows strict risk management rules. Each trade is protected by a Stop Loss and Take Profit. It avoids risky strategies like martingale and grid trading.
4. Single Trade at a Time: The EA executes one trade at a time, maintaining a disciplined approach to trading.

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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