Trade Assistant EA V9.8: A Structured Approach to Trading
Introduction
The Trade Assistant EA V9.8 is an best trading tool tool for traders who value meticulous risk calculation and order management. Whether you’re a seasoned trader or just starting out, this EA provides a structured and strategic approach, aiming to optimize the balance between risk and reward.
Key Features
- Minimum Deposit: $100
- Timeframe: M5 (5-minute chart)
- Currency Pair: GBPUSD
- Strategy Type: Breakout strategy
- Platform: MetaTrader 4 (MT4)
Strategy Description
The Trade Assistant EA V9.8 is based on a breakout strategy. It enters trades when there is a price breakout from resistance or support levels, which are determined using a mathematical algorithm. Here are the key points:
- Breakout Entries: The EA identifies price breakouts and enters trades accordingly. It avoids risky scalping, grid, or martingale strategies.
- Risk Management: Always use a Stop Loss to secure your investment.
- Order Types Supported:
- Market Orders: Execute trades directly from the chart with one click.
- Pending Orders: Set pending orders for versatile trading strategies.
- Trailing Stop: The EA offers seven options for managing Stop Loss orders, including pips, Fractals, MA, Parabolic SAR, ATR, Partial Close, and High Low Bar.
- Virtual Orders: Test potential entries without impacting your account balance.
- Time Manager: Open or close positions based on specific time intervals.
- Partial Position Closure: Close a part of the order as a percentage of the set volume.
- Language Support: Available in both Chinese and English.
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