C1 Basic EA MT4

The C1 Basic EA MT4 is an Expert Advisor (EA) designed for the MetaTrader 4 platform. It offers a straightforward approach to trading, making it suitable for both beginners and experienced traders. Let’s dive into the details:

Minimum Deposit

• The minimum deposit required to use the C1 Basic EA MT4 is $1000
• We recommend having more than the minimum available for flexibility in your trading strategy.

Timeframe

• The recommended timeframes for running the C1 Basic EA MT4 are M1 or M5.
• These shorter timeframes allow for more frequent trading opportunities and quicker decision-making.

Supported Currency Pairs

• The C1 Basic EA MT4 works well with the following currency pairs:
  • NZDUSD
  • AUDNZD

Strategy

The C1 Basic EA MT4 follows a simple yet effective strategy:

1. Moving Averages (MA): The EA uses moving averages to identify trend direction and potential entry points.
2. RSI (Relative Strength Index): It monitors overbought and oversold conditions to avoid entering trades during extreme market conditions.
3. Risk Management: The EA incorporates stop-loss and take-profit levels to manage risk and protect capital.

How the EA Takes Trades

1. Buy Signal:
   • When the short-term MA crosses above the long-term MA and RSI is below 70, the EA generates a buy signal.
   • It enters a long position with a predefined stop-loss and take-profit level.
2. Sell Signal:
   • When the short-term MA crosses below the long-term MA and RSI is above 30, the EA generates a sell signal.
   • It enters a short position with the same risk management parameters.

Stay Updated

Join our Telegram group: https://t.me/yoforexrobot for real-time settings, support, and discussions.

Visit our website FXCracked.org for additional resources and insights.

Additional Resources :

Instant Download: https://www.fxcracked.org/product/c1-basic-ea-mt4/

Contact: @YoForexPremiumadmin

🔔😎Happy Trading😎🔔