EA STC
EA STC MT4 Trading Strategy
Overview
The “EA STC MT4” is an automated trading system designed specifically for the MetaTrader 4 (MT4) platform. It leverages a specific strategy to execute trades in the forex market. Let’s dive into the key details:
- Minimum Deposit: To run the “EA STC MT4,” we recommend a minimum deposit of $500.
- Time Frame: The strategy operates on the 1-hour (H1) timeframe.
- Preferred Currency Pairs: The EA performs best on the following currency pairs:
- EUR/USD
- GBP/USD
- USD/JPY
- AUD/USD
Trading Strategy
The “EA STC MT4” employs a Short-Term Channel (STC) breakout strategy. Here’s how it works:
- Channel Identification:
- The EA identifies price channels based on recent highs and lows.
- It looks for narrow channels that indicate potential breakouts.
- Breakout Entry:
- When the price breaks out of the channel (either above or below), the EA enters a trade.
- Buy Entry: If the price breaks above the upper channel line.
- Sell Entry: If the price breaks below the lower channel line.
- Stop Loss and Take Profit:
- The EA sets a tight stop loss (usually around 20 pips) to limit losses.
- Take profit levels vary based on market conditions but typically aim for 40-60 pips.
- Risk Management:
- The EA calculates position size based on account balance and risk percentage.
- It avoids overleveraging and follows a disciplined approach.
Download and Installation
To get started with the “EA STC MT4,” follow these steps:
- Visit our website: FXCracked.
- Locate the EA in the downloads section.
- Install it on your MetaTrader 4 platform.
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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- Instant Download: EA STC MT4
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