The Gorilla Monster EA V6 (Source Code) MQ4 is an open-source Forex trading marvel, designed for the MetaTrader 4 (MT4) platform. Whether you’re a seasoned trader or a curious explorer, this EA offers a wild ride through the markets. Let’s dive into the jungle:
Key Features:
- Customizable Strategies: Adapt the EA to your preferred trading style.
- Risk Management: Avoids reckless strategies, focusing on consistent performance.
- Currency Pairs: While it primarily targets gold (XAUUSD), it can be applied to other currency pairs.
Trading Strategy
The Gorilla Monster EA V6 follows a versatile strategy:
- Swing Trading:
- Timeframes: M15 to D1 (15-minute to daily charts)
- Entry Conditions:
- Identifies swing points using moving averages or Bollinger Bands.
- Confirmation from RSI or stochastic indicators.
- Exit Conditions:
- Take profit based on recent swing highs/lows.
- Stop loss to protect against adverse movement
- Minimum Deposit: Start your jungle adventure with $1000
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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