The Forex Mega LLC EA V5.02 (Source Code) MQ4 is a powerful automated trading system designed for the MetaTrader 4 (MT4) platform. Here are the key details:
Key Features:
- Algorithmic Trading: The EA executes trades based on pre-defined rules and strategies.
- Currency Pairs: It scans 28 currency pairs, including EUR/USD, GBP/USD, and USD/JPY.
- Timeframes: Suitable for M1 or M5 charts.
Trading Strategy
The Forex Mega LLC EA V5.02 follows a robust strategy:
- Trend Following: The EA identifies trends using moving averages and other technical indicators.
- Entry Conditions:
- Long Position:
- If the short-term moving average crosses above the long-term moving average.
- Additional confirmation from RSI or MACD.
- Short Position:
- If the short-term moving average crosses below the long-term moving average.
- Additional confirmation from RSI or MACD.
- Long Position:
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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