Ilan Trio V1.47 EA MQ4: Comprehensive Guide

Minimum Deposit

• Recommended Minimum Deposit: $500
• Reasoning: A higher deposit can help mitigate risk and enhance the EA’s trading performance by providing sufficient margin and reducing the likelihood of margin calls.

Time Frame to Run

• Optimal Time Frame: 15-Minute (M15) and 30-Minute (M30) charts
• Why This Time Frame? The EA is designed to capitalize on shorter-term trends and price fluctuations, making the M15 and M30 time frames ideal for its strategy.

Currency Pairs to Run

• Recommended Currency Pairs:
  • EUR/USD
  • GBP/USD
  • USD/JPY
• Explanation: These currency pairs typically offer high liquidity and tight spreads, which are beneficial for the EA’s trading strategy.

Trading Strategy of Ilan Trio V1.47 EA

The Ilan Trio V1.47 EA MQ4 uses a sophisticated algorithm to identify trading opportunities based on multiple technical indicators and market conditions. Here’s how it operates:

• Indicator-Based Signals: Utilizes a combination of moving averages and oscillators to generate buy and sell signals.
• Trend Following: The EA adapts to prevailing market trends, making trades that align with the overall market direction.
• Risk Management: Includes features for setting stop-loss and take-profit levels to manage risk and lock in profits.
• Trade Execution: Automatically places trades based on the predefined strategy, ensuring timely entry and exit.

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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