Cabe Rawit EA MT4 with Source Code
The Cabe Rawit EA MT4 is a versatile and powerful MetaTrader 4 (MT4) expert advisor (EA) that implements several breakout strategies. Whether you’re a seasoned trader or just starting out, this EA offers valuable features for making informed decisions.
Key Features:
- Breakout Strategies:
- The Cabe Rawit EA MT4 utilizes various breakout strategies, including:
- ZikZak Breakout
- Daily Candle Breakout
- London Time Breakout
- Pivot Points Breakout
- And more!
- The Cabe Rawit EA MT4 utilizes various breakout strategies, including:
- Source Code Included:
- Traders have access to the underlying source code, allowing customization and adaptation.
- Modify the EA to suit your trading preferences and strategies.
Strategy Overview:
- Minimum Deposit:
- We recommend a minimum deposit of $500.
- Adequate capital ensures effective use of the breakout strategies.
- Timeframe:
- The optimal timeframe for running the Cabe Rawit EA MT4 is H1 (1-hour chart).
- This timeframe balances capturing short-term breakouts without excessive noise.
- Currency Pair:
- The EA can be applied to USDJPY.
- Its flexibility allows adaptation to different currency pairs.
Trading Strategy:
The Cabe Rawit EA MT4 follows a scalping strategy, aiming to capitalize on significant price movements during breakouts. Here’s how it takes trades:
- Entry Signals:
- The EA identifies breakout opportunities based on the selected strategy (e.g., ZikZak, daily candle, or London time).
- When a significant breakout occurs, it generates a buy or sell signal.
- Exit Strategies:
- Take Profit:
- The EA suggests taking profits when price reaches predefined levels (e.g., resistance or Fibonacci extension).
- Stop Loss:
- Set a tight stop loss to limit potential losses.
- Take Profit:
Remember, trading involves risk, and past performance is not indicative of future results. This bot could be your ticket to success—so trade wisely and soar in the Forex world!
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