Makkat EA MT4: A Brief Overview
The Makkat EA MT4 is an Expert Advisor (EA) designed for the MetaTrader 4 platform. It employs a trend-following strategy based on several technical indicators, including relative strength, average true range, and stochastic oscillators. Here are the key points:
-
Strategy Overview:
- Trend Strategy: The EA identifies trends in the market using the mentioned indicators.
- Grid and Averaging: It utilizes a grid system and averages positions up to 6 orders.
- Timeframes: The main timeframe for trading is H1 (1-hour), with additional analysis on M15 and M30 timeframes.
-
Currency Pair:
- The recommended currency pair for running the Makkat EA is EURUSD.
-
Minimum Deposit:
- The minimum recommended balance for effective trading (when using the recommended pairs and timeframes) is $1000 or $10 on a cent account.
-
Drawdown Considerations:
- Drawdown refers to the peak-to-trough decline in your account value.
- The EA employs predefined risk parameters to manage drawdowns:
- Stop Loss: It closes losing trades at predetermined stop-loss levels.
- Position Sizing: The EA adjusts position sizes during periods of higher volatility or uncertainty.
- Risk Management: It adapts dynamically to changing market conditions to limit drawdown depth.
-
Download and Links:
- You can download the Makkat EA from our website: mahakaryadigital.
- Join our Telegram channel for updates and discussions: mahakaryadigitalRobot Telegram.
Summary
The Makkat EA MT4 combines technical analysis, risk management, and trend-following strategies to optimize trading performance. Remember to adhere to the recommended minimum deposit and monitor drawdown levels for successful implementation.
