Supercharge Your Forex Trading with ShutterStock EA V1.5 MT4
The ShutterStock EA V1.5 MT4 is a top-tier expert advisor designed for the MetaTrader 4 platform, crafted to elevate your trading strategy and maximize profitability. This EA combines cutting-edge technology with advanced trading algorithms to identify and execute high-probability trades in the forex market. Ideal for both beginners and experienced traders, ShutterStock EA V1.5 MT4 offers a seamless and efficient trading experience.
Recommended Settings
- Minimum Deposit: $100
- Timeframe: H1 (1 Hour)
- Currency Pairs: EURUSD, EURCHF
How ShutterStock EA V1.5 MT4 Executes Trades
- Technical Indicators:
- The EA utilizes a combination of Moving Averages (MA), Relative Strength Index (RSI), and Moving Average Convergence Divergence (MACD) to gauge trend direction and strength.
- Trade Entry:
- The EA enters trades when these indicators align, confirming a strong trend.
- For example, if the Moving Averages display a consistent upward trend, the RSI is above 50, and the MACD line is above the signal line, the EA will execute a buy trade.
- Risk Management:
- Stop-loss levels are strategically placed below recent support levels for buy trades and above recent resistance levels for sell trades to safeguard against unfavorable market movements.
- Take-profit targets are determined using a predefined risk-reward ratio, ensuring that each trade has a favorable potential reward compared to the risk.
Range-Bound Strategy
- Market Analysis:
- The EA identifies key support and resistance levels, utilizing Bollinger Bands and the Average True Range (ATR) to define potential trading ranges.
- Trade Execution:
- When the price oscillates within a defined range and reaches the upper or lower boundary, the EA initiates a trade anticipating a reversal.
- For instance, if the price touches the upper Bollinger Band and the ATR indicates low volatility, the EA will place a sell trade expecting the price to decline.
- Risk Management:
- Stop-loss orders are set just outside the trading range to protect against unexpected breakouts.
- Take-profit levels are placed within the range to capture the expected price reversal.
- Dynamic Lot Sizing
- Equity-Based Adjustments:
- The EA dynamically adjusts lot sizes based on the account’s equity, ensuring that each trade is proportionate to the available capital. This feature helps manage risk effectively and optimizes the use of available funds.
- News Filter
- Avoiding High-Impact News:
- The EA includes a news filter to avoid trading during high-impact news events, reducing the risk of unexpected market volatility affecting trades.
- Advanced Risk Management
- Stop-Loss and Take-Profit:
- The EA employs a sophisticated risk management system with predefined stop-loss and take-profit levels, protecting the account from significant losses and securing profits.
Contact and Download
Telegram Link – https://t.me/+yfGB1dbSxjAyNmI9
Download the EA
https://www.yoforex.org/product/shutterstock-ea-v1-5/
https://www.forexfactory.cc/product/shutterstock-ea-v1-5/
https://www.mql5.software/product/shutterstock-ea-v1-5/
https://www.fxcracked.org/product/shutterstock-ea-v1-5/
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