EA STC MT4 Trading Strategy

Overview

The “EA STC MT4” is an automated trading system designed for the MetaTrader 4 (MT4) platform. It utilizes a specific strategy to execute trades in the forex market. Below are the key details:

• Minimum Deposit: The recommended minimum deposit to run the “EA STC MT4” is $500.
• Time Frame: The strategy operates on the 1-hour (H1) timeframe.
• Currency Pairs: The EA performs best on the following currency pairs:
  • EUR/USD
  • GBP/USD
  • USD/JPY
  • AUD/USD

Trading Strategy

The “EA STC MT4” employs a Short-Term Channel (STC) breakout strategy. Here’s how it works:

1. Channel Identification:
   • The EA identifies price channels based on recent highs and lows.
   • It looks for narrow channels that indicate potential breakouts.
2. Breakout Entry:
   • When the price breaks out of the channel (either above or below), the EA enters a trade.
   • Buy Entry: If the price breaks above the upper channel line.
   • Sell Entry: If the price breaks below the lower channel line.
3. Stop Loss and Take Profit:
   • The EA sets a tight stop loss (usually around 20 pips) to limit losses.
   • Take profit levels vary based on market conditions but typically aim for 40-60 pips.
4. Risk Management:
   • The EA calculates position size based on account balance and risk percentage.
   • It avoids overleveraging and follows a disciplined approach.

Download and Installation

You can download the “EA STC MT4” from our website: FXCracked. Follow these steps:

1. Visit the website.
2. Locate the EA in the downloads section.
3. Install it on your MetaTrader 4 platform.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈🍀

 

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🔔😎Happy Trading😎🔔