Sharp EA V1.60

Sharp EA V1.60 M4: Precision and Power for Smart Forex Trading

Sharp EA V1.60 M4 is a meticulously crafted expert advisor (EA) for traders who value precision and consistency in their forex trading strategy. Built specifically for the M4 platform, this EA combines advanced algorithms with flexible settings, allowing it to identify profitable market movements and make accurate, timely trades. Sharp EA V1.60 is tailored for traders looking to optimize their trading outcomes with a powerful, user-friendly automated system. Designed for both beginner and experienced traders, this EA can help minimize risk while maximizing profit opportunities by leveraging market trends with minimal manual intervention.

Recommended Settings

• Lot Size: 0.01 for conservative trading, adjustable based on account size and risk tolerance
• Take Profit: 15-40 pips, depending on the volatility of the currency pair
• Stop Loss: 10-25 pips to limit losses in unfavorable conditions
• Trailing Stop: Enabled to lock in profits as the market moves favorably
• Magic Number: Unique identifier to avoid interference with other EAs on the platform

Following these settings provides a balanced approach, allowing Sharp EA V1.60 to target gains effectively while keeping risks in check.

• Minimum Deposit: $100
• Timeframe: M30, H1, H4 to suit various trading styles and preferences
• Currency: Best suited for EURUSD, GBPUSD, USDCHF, and NZDUSD

Key Features

• Multi-Timeframe Compatibility: Operates seamlessly across M30, H1, and H4 timeframes, adapting to different trading styles and strategies.
• High-Precision Entry and Exit Points: Uses advanced algorithms to analyze market data and identify precise entry and exit points, maximizing profit potential.
• Trailing Stop and Break-Even Options: Helps secure profits by adjusting the stop-loss as the market moves favorably and setting a break-even point for risk minimization.
• Flexible Lot Sizing and Risk Management: Offers adjustable lot sizing based on account size, giving traders flexibility to align trading with their risk tolerance.
• Indicator-Based Filtering: Integrates popular technical indicators such as moving averages and RSI to filter out false signals, improving the overall accuracy of trades.

Strategyb 

• Sharp EA V1.60 uses technical indicators to identify trend directions and potential breakout points. By monitoring key indicators such as moving averages and RSI, the EA filters out weak trends and focuses on those with strong momentum. When a trend or breakout is confirmed, the EA initiates a trade, aiming to capitalize on these high-probability movements.
• Upon detecting a favorable trend, Sharp EA V1.60 automatically enters the trade, setting a predefined Take Profit and Stop Loss to manage each position effectively. The EA’s trailing stop feature allows it to follow the price trend and lock in gains as the market moves upward, while the break-even option safeguards the initial capital once the trade reaches a certain level of profit.
• Sharp EA V1.60 includes a dynamic lot-sizing feature that adjusts trade size based on account balance, allowing traders to align their risk level with account growth. This feature helps manage risk while aiming to optimize profit potential as market trends continue in the anticipated direction.
• With compatibility across M30, H1, and H4 timeframes, Sharp EA V1.60 M4 offers flexibility for both intraday and swing trading strategies. Traders can choose a timeframe that best suits their style, giving them the ability to trade at various intervals with high precision.