Phoenix PRT EA V1.31 MT4
The Phoenix PRT EA V1.31 MT4 is an Expert Advisor designed for traders seeking stable profits with minimal oversight. Below is a comprehensive overview of its trading strategy, recommended settings, and how to access the EA:
Trading Strategy Overview
- Market Analysis: Utilizes a proprietary algorithm based on a deep understanding of market patterns and personal experience in exchange trading.
- Signal Generation: Employs custom indicators developed for each EA, considering their unique application features.
- Risk Management: Offers a customizable risk management system with filters to control deposit drawdown.
- Trading Methodology: Suitable for both ranging and trending markets, employing a Martingale method for position averaging based on set multipliers and distance parameters.
Recommended Settings
| Parameter | Description |
|---|---|
| Minimum Deposit | $300 (Recommended for optimal performance) |
| Timeframe | H1 (Hourly) or H4 (Four-Hour) |
| Currency Pairs | EURUSD, GBPUSD, USDCAD, USDJPY, USDCHF, AUDUSD, NZDUSD, and other major Forex pairs |
| Lot Size | 0.01 lots (Adjustable based on account balance and risk tolerance) |
| Multiplier (Mult 0) | 1.5 (Adjustable; determines the size of subsequent averaging orders) |
| Distance (Distance 0) | 20 pips (Adjustable; sets the distance in pips after which the next position is opened) |
| Take Profit (Profit 0) | 50 pips (Adjustable; sets a fixed take profit in pips) |
| Magic Number | Unique identifier for the EA’s trades (Essential if running multiple EAs simultaneously) |
| Time Control 1 & 2 | Enable to specify trading periods; set to ‘false’ for 24-hour trading |
Key Features
- Time Control: Allows trading during specific periods; set to ‘false’ for continuous trading.
- Lot Size Management: Adjustable lot size for the first order, with subsequent orders based on the multiplier.
- Profit Target: Fixed take profit in pips to secure profits.
- Magic Number: Essential for distinguishing trades when using multiple EAs.
- Font Size: Customizable font size for the EA’s information panel.
Accessing the EA
- Download: Visit our website to download the Phoenix PRT EA V1.31 MT4: www.mql5.software
- Support: Join our Telegram community for support and updates: https://t.me/yoforexrobot
For more detailed information and user reviews, you can refer to the MQL5 marketplace page: https://www.mql5.com/en/market/product/126132
Note: Always conduct thorough testing on a demo account before deploying any EA on a live account to ensure it aligns with your trading objectives and risk tolerance.
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈🍀
Stay Updated:
Instant Download: https://www.mql5.software/product/phoenix-prt-ea-v1-31/
You can also download from other websites:
https://www.fxcracked.org/product/phoenix-prt-ea-v1-31/
https://www.forexfactory.cc/product/phoenix-prt-ea-v1-31/
https://yoforexea.com/product/phoenix-prt-ea-v1-31/
Contact and Join our Telegram : https://t.me/yoforexrobot
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