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

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

(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

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.