Ilan Trio V1.47 EA MQ4: A Comprehensive Guide
The Ilan Trio V1.47 EA MQ4 is a powerful and customizable expert advisor designed for the MetaTrader 4 trading platform. This EA utilizes a combination of the martingale principle and mathematical algorithms to automate forex trading. Below, we provide essential details about the minimum deposit, time frame, and currency pair to use with this EA, along with a focus on its trading strategy.
Key Details
- Minimum Deposit: $100
- Time Frame: M1 (1 Minute)
- Currency Pair: EUR/USD
Trading Strategy
The Ilan Trio V1.47 EA MQ4 employs a sophisticated trading strategy that includes the following features:
- Martingale Principle: This EA uses the martingale strategy, which involves doubling the trade size after a loss to recover previous losses and gain a profit.
- Lot Exponent: The lot size increases exponentially based on the LotExponent parameter, which can be customized.
- Pip Step: The distance between trades is determined by the PipStep parameter, ensuring trades are placed at optimal intervals.
- Take Profit: The EA sets a take profit level to secure gains once the market moves favorably.
- Equity Stop: To manage risk, the EA includes an equity stop feature that closes all trades if the account equity drops below a specified level.
- Trailing Stop: This feature allows the EA to lock in profits by trailing the stop loss as the market moves in the desired direction.
How the EA Takes Trades
- Initial Trade: The EA opens an initial trade based on market conditions and predefined parameters.
- Martingale Sequence: If the initial trade results in a loss, the EA opens subsequent trades with increased lot sizes according to the martingale principle.
- Profit Target: The EA continues to open trades until the cumulative profit target is reached, at which point all trades are closed.
- Risk Management: The EA employs equity stop and trailing stop features to manage risk and protect the account balance.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
Stay Updated:
Join our Telegram group: YoForex Premium 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/ilan-trio-v1-47-ea/
You can also download from other websites:
https://www.yoforex.org/product/ilan-trio-v1-47-ea/
https://www.forexfactory.cc/product/ilan-trio-v1-47-ea/
https://www.mql5.software/product/ilan-trio-v1-47-ea/
https://yoforexea.com/shop/free-download/ilan-trio-v1-47-ea/
Contact: https://t.me/yoforexrobot
Happy Trading
There are no reviews yet.