Undefeated Triangle EA V3.2 MT4 – Key Details and Strategy Overview
The Undefeated Triangle EA V3.2 is a powerful Expert Advisor (EA) designed for traders seeking consistent performance with a logical and systematic approach. Below are the important details about the EA:
Key Trading Parameters
| Feature | Details |
|---|---|
| Platform | MetaTrader 4 (MT4) |
| Minimum Deposit | $100 (Recommended: $500 for stability) |
| Supported Currency Pairs | AUDCAD, AUDNZD, and NZDCAD |
| Time Frame | M15 (15-Minute Chart) |
| Trading Strategy | Price Action & Breakout Based Triangle Patterns |
| Risk Management | Fixed Lot Sizing or Auto Lot Based on Balance |
Trading Strategy Explained
The core of the Undefeated Triangle EA V3.2 strategy lies in identifying triangle chart patterns, which are reliable indicators for potential breakouts. The EA focuses on three main steps:
- 1. Identifying Triangle Patterns:
- The EA scans the chart for converging trend lines forming symmetrical, ascending, or descending triangles.
- This pattern reflects market indecision, signaling a breakout in either direction.
- 2. Breakout Confirmation:
- Once the price breaks the triangle boundary, the EA confirms the breakout based on:
- Volume increase.
- Candlestick momentum (price velocity).
- Moving Average confirmation (optional).
- Once the price breaks the triangle boundary, the EA confirms the breakout based on:
- 3. Trade Execution and Management:
- Entry: The EA opens positions immediately after a confirmed breakout.
- Stop Loss: Placed just below the triangle boundary (for upward breakout) or above (for downward breakout).
- Take Profit: Calculated as the height of the triangle added to the breakout point.
- Trailing Stop: Adjusts automatically to lock in profits during strong trends.
Why Use the Undefeated Triangle EA V3.2?
- Automated Precision: Detects triangle formations faster and more accurately than manual analysis.
- Low Minimum Deposit: Start trading with as low as $100.
- Versatility: Works seamlessly on multiple pairs and M15 charts.
- Optimized Risk Management: Protects balance with stop-loss placement and auto-lot sizing.
Recommended Settings for Optimal Performance
| Currency Pair | Time Frame | Minimum Deposit | Risk |
|---|---|---|---|
| EURUSD | M15 | $100 | Low to Medium |
| GBPUSD | M15 | $200 | Medium Risk |
| USDJPY | M15 | $100 | Low Risk |
| XAUUSD (Gold) | M15 | $500 | Medium to High Risk |
Conclusion
The Undefeated Triangle EA V3.2 MT4 is a versatile and efficient trading tool for breakout traders. By leveraging triangle chart patterns, it ensures smart entries, secure exits, and consistent profits. Whether you’re trading currencies or gold, this EA is designed to adapt and deliver results with minimum manual intervention.
Happy Trading
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