AUDCAD M15 EA M4

AUDCAD M15 EA for M4: A Comprehensive Guide

Overview

The AUDCAD M15 EA is an EA designed for trading the AUDCAD currency pair on the M15 timeframe using the M4 platform. Below are the key details:

1. Minimum Deposit: $500
2. Timeframe: M15
3. Platform: M4
4. Currency Pair: AUDCAD
5. Strategy Type: Martingale (please note the associated risks)

EA Features

• Fully Automatic Multi-Pair Trading System: The AUDCAD M15 EA trades multiple currency pairs simultaneously.
• Safety and Growth-Steady: It aims for consistent profits while minimizing risk.
• Trade Frequency: Approximately 70-100 trades per month.
• Individual Stop Loss (SL): Each order has its own SL for account protection.
• User-Friendly: Suitable for both Forex professionals and newcomers.
• Precise Operating Time Filter: Trades during specific market hours.
• Compound Interest Method: Helps grow the account balance.
• Leverage Range: Any leverage from 1:30 to 1:500.

How to Install

1. Account Requirements:
   • Use an MT4 account with narrow spreads (Raw spread or ECN).
   • Recommended pairs: AUDCAD, GBPCAD, EURCHF, EURCAD, GBPCHF, USDCHF, EURUSD, EURAUD, GBPAUD.
   • Set the account leverage within the specified range.
2. Chart Setup:
   • Open charts for the recommended pairs.
   • Select the M15 timeframe for each chart.
   • Attach the EA to each chart.
3. Let It Run:
   • The EA will operate automatically.
   • Leave MT4 running on your PC or use a VPS (Virtual Private Server).

Important Recommendations

1. Working Hours:
   • Use MT4 where market watch = GMT+2 (Standard time) or GMT+3 (Daylight Saving time).
   • Adjust EA time settings if your broker’s server has a different GMT time zone.

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Additional Resources 

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Happy Trading