XKPRMST EA

XKPRMST EA  Overview

Key Features:

• Currency Pair: Primarily optimized for the EURUSD currency pair.
• Timeframe: Operates on the H1 (1-hour) timeframe.
• Minimum Deposit: While the minimum deposit technically starts at $0 USD, it is recommended to deposit at least $200 USD to ensure sufficient margin for trading various financial instruments offered on IT.

Strategy

The XKPRMST EA  employs a specific trading strategy to execute trades. Here’s how it works:

1. Time-Based Entries: The EA enters trades at specific times during the day. These entry times are pre-defined and can be customized.
   • Trade #1: Buy/Sell at a specific time (e.g., 08:00 GMT).
   • Trade #2: Buy/Sell at another specific time (e.g., 14:00 GMT).
   • Trade #3: Additional time-based trade (if needed).
   • Trade #4: Additional time-based trade (if needed).
   • Trade #5: Additional time-based trade (if needed).

1. Risk Management:
   • Break-even: The EA adjusts the stop-loss to break-even once a certain profit level is reached.
   • Trailing Stop: Implements a trailing stop to protect profits as the trade progresses.
2. Money Management:
   • Lot Size: You can manually set the lot size for the first trade or allow the EA to calculate it automatically.
   • Martingale: The EA has an optional martingale feature that increases the lot size after each additional losing trade.

Conclusion

The XKPRMST EA  is a time-based trading robot optimized for the EURUSD pair on the H1 timeframe. Traders can customize entry times, risk management settings, and lot sizes. Remember to test it on a demo account first and use it at your own risk.