SynthoTrader FX EA V1.1 MT4
Introduction
The SynthoTrader FX EA V1.1 MT4 is an automated trading system that leverages built-in indicators to execute trades with precision. Traders can download this EA from our website and join our Telegram channel for updates.
Key Details
- Minimum Deposit: $300
- Timeframe: M30 (30-minute chart)
- Currency Pair: EUR/USD
Strategy Overview
The SynthoTrader FX EA V1.1 MT4 follows a specific trading strategy:
- Single Entry Approach: This EA uses a single entry point based on a combination of six MT4 indicators. These indicators work together to identify high-probability trade setups.
- Accuracy: Out of ten trades, approximately seven or more typically close in profit. The EA aims for a success rate above 70%.
Trading Approach
The EA’s trading approach is not explicitly disclosed, but it focuses on single-entry trades. Let’s break down the key aspects:
- Trade Entry: The EA identifies optimal entry points using its proprietary indicators. These indicators consider price action, trend strength, and other relevant factors.
- Risk Management: The EA likely incorporates risk management techniques to protect the account balance. However, specific details are not provided.
- Exit Strategy: The EA may use trailing stops, take-profit levels, or other exit criteria to lock in profits or limit losses.
EA Type
The SynthoTrader FX EA V1.1 MT4 is not explicitly categorized as martingale, hedging, or scalping. It appears to focus on accuracy rather than aggressive trading styles.
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