July 22, 2024 BY
IN Uncategorized

EA STC MT4 Trading Strategy

Overview

The “EA STC MT4” is an automated trading system designed specifically for the MetaTrader 4 (MT4) platform. It leverages a specific strategy to execute trades in the forex market. Let’s dive into the key details:

  1. Minimum Deposit: To run the “EA STC MT4,” we recommend a minimum deposit of $500.
  2. Time Frame: The strategy operates on the 1-hour (H1) timeframe.
  3. Preferred 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

To get started with the “EA STC MT4,” follow these steps:

  1. Visit our website: FXCracked.
  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! 📈💹