Maximizing Profits with Fenghuang Rig EA V1.1
A robust Forex Expert Advisor (EA) designed for MetaTrader 4, Fenghuang Rig EA V1.1 executes trades efficiently with a focus on EURUSD, XAUUSD, and GOLD on the M30 timeframe.
Key Features:
- Automated trading strategy
- Compatible with MT4
- Targets EURUSD, XAUUSD, and GOLD
- Optimized for M30 timeframe
Recommended Settings:
- Minimum Deposit: $100
- Minimum Leverage: 1:20
- Broker Recommendation: ECN preferred, but not mandatory for performance
- Working Symbols: EURUSD, XAUUSD, GOLD
- Working Timeframe: M30
- Minimum Deposit: $100
- Minimum Leverage: 1:20
- Broker Recommendation: While a good ECN broker is preferred for optimal performance, it is not mandatory.
Strategy:
- Entry Strategy: Utilizes technical indicators and price action to identify entry points.
- Exit Strategy: Implements a combination of trailing stops and profit targets to secure gains.
- Risk Management: Adjusts position sizes based on market volatility and account equity.
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- Contact: https://t.me/mql5software
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