Ronz SLTP EA V1.3 MT5 – Trading Strategy & Key Details
This Expert Advisor (EA) Ronz SLTP EA V1.3 MT5 is designed for MetaTrader 5 (MT5) and operates based on a stop-loss & take-profit (SL/TP) strategy with precise entry and exit rules. Below are the key details:
Minimum Deposit & Requirements
| Feature | Details |
|---|---|
| Minimum Deposit | $500 (Recommended:00+ for better risk management) |
| Leverage | 1:30 or higher (Depends on broker restrictions) |
| Broker Type | ECN/Raw Spread (Low latency execution preferred) |
Recommended Timeframe
- Best Performance: M15 (15-minute chart)
- Can also work on:
- M5 (5-minute) – Higher frequency, more risk
- M1 (1-minute) – Slower but more stable trades
Optimal Currency Pairs
| Major Pairs | Cross Pairs | Exotic Pairs |
|---|---|---|
| EUR/USD | EUR/GBP | USD/ZAR |
| GBP/USD | AUD/CAD | USD/TRY |
| USD/JPY | NZD/CAD | EUR/TRY |
(Avoid highly volatile news periods for better consistency.)
How Ronz SLTP EA V1.3 Takes Trades – Core Strategy
The EA follows a rule-based SL/TP approach with the following logic:
Entry Conditions
- Trend Filter: Uses moving averages (MA) or RSI to confirm trend direction.
- Price Action Trigger: Waits for a pullback or breakout before entering.
- Volume/Spread Check: Avoids trading during low liquidity or high spreads.
Stop-Loss (SL) & Take-Profit (TP) Rules
| Parameter | Details |
|---|---|
| Stop-Loss (SL) | Fixed pips or % of account balance (Adjustable in settings). |
| Take-Profit (TP) | 1.5x to 3x SL distance (Risk-reward optimized). |
| Trailing Stop | Optional (Locks profits as trade moves favorably). |
Exit & Trade Management
- Partial Close: Takes profit in stages (e.g., 50% at 1:1 RR, rest at 1:3 RR).
- Time-Based Exit: Closes trades if they remain stagnant beyond a set period.
- News Filter (Optional): Avoids trading during high-impact economic events.
Why This EA Works?
Disciplined SL/TP – Removes emotional trading.
Adaptable to Market Conditions – Works in trending & ranging markets.
Low Minimum Deposit – Accessible for small accounts.
Note: Backtest & forward-test on a demo account before going live.
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:
For more support join our Telegram Channel: https://t.me/+eo74nsL9xXI1YTFl
Additional Resources:
Instant Download: https://www.fxcracked.org/product/ronz-sltp-ea-v1-3/
You can also download from other websites:
https://yoforexea.com/product/ronz-sltp-ea-v1-3/
https://www.forexfactory.cc/product/ronz-sltp-ea-v1-3/
Happy Trading
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