Tenger Robot EA V1.0 MT4

Overview

Tenger Robot EA V1.0 is a sophisticated expert advisor designed for MetaTrader 4 that optimizes automated trading in the Forex market. This EA utilizes a robust strategy to maximize profitability and minimize risk, tailored specifically for the following currency pairs.

Key Features:

• Minimum Deposit: $100 – $500
• Recommended Time Frame: M15, M30, H1, H4
• Optimal Currency Pairs:
  • XAU/USD, EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD, USD/CHF

Trading Strategy Overview:

The Tenger Robot EA V1.0 employs a multi-tier strategy combining trend analysis, oscillators, and price action patterns to determine entry and exit points. The specific components of the strategy include:

How the EA Takes Trades:

• Entry Points: The EA enters a trade when there is a convergence of trend direction, oscillator signals, and price action indicators suggesting a high probability of a profitable move.
• Exit Points: It exits a trade based on a predefined profit target or stop-loss, which can be adjusted to suit individual risk tolerance levels. Additionally, the EA uses a trailing stop to maximize gains from larger market movements.

Risk Management:

• Trade Sizing: Utilizes dynamic lot sizing based on the account balance and predefined risk parameters.
• Protection Features: Includes settings for maximum drawdown limits and stop-loss orders to protect against significant losses.

Performance and Scalability:

• Backtesting: Extensively backtested with historical data to ensure reliability and performance under various market conditions.
• Scalability: Capable of scaling up with increased capital investment and adapting to different levels of market volatility.