EA Makoto MT4 V2.85: A Powerful Trading Robot
Overview
- Name: EA Makoto MT4 V2.85
- Platform: MetaTrader 4
- Author: Ruslan Pishun
- Version: 2.85
- Release Date: 22 June 2019
- Price: $70 (Demo version available for download)
Strategy
The EA Makoto MT4 V2.85 employs a robust trend-following strategy based on the following indicators:
- Relative Strength Index (RSI): Helps identify overbought and oversold conditions.
- Average True Range (ATR): Measures market volatility.
- Stochastic Oscillator: Identifies potential reversal points.
Trading Features
- Grid and Averaging Positions:
- The EA uses a grid system, allowing it to open multiple positions.
- Averaging positions up to 6 orders helps manage risk and maximize profit potential.
- Timeframes:
- Main Timeframe: H1 (1-hour chart)
- Additional Timeframes: M15 and M30
- Risk Management:
- The EA adapts its lot size based on account balance growth.
- Minimum recommended balance: $1000 (or $10 on a cent account).
- Pairs and Symbols:
- The EA works well with the following currency pairs:
- EURUSD, GBPUSD, GBPJPY, USDCHF, USDJPY, AUDUSD, GBPAUD, USDCAD, GBPCAD, EURAUD, EURCAD, EURGBP, EURJPY, GBPCHF, NZDUSD, GBPNZD, EURCHF, AUDCAD, NZDCAD, NZDCHF, NZDJPY, CHFJPY, CADJPY, CADCHF, AUDNZD, EURNZD.
- It’s essential to attach the EA to only one chart (any working pair) for efficient trading.
- The EA works well with the following currency pairs:
- Stop Loss, Take Profit, and Breakeven:
- The EA uses stop loss and take profit levels.
- Positions are transferred to breakeven using a smart filter.
- Spread Adaptation:
- The EA adjusts the stop loss to the current spread.
- If the average spread exceeds the maximum allowed spread, trend-following trading is temporarily disabled.
Minimum Deposit Recommendation
- To trade effectively with EA Makoto MT4 V2.85, we recommend a minimum deposit of $1000 (or $10 on a cent account).
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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Additional Resources:
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