Merkava Prop Trader EA for MT4
Overview:
- The Merkava Prop Trader EA is a multi-currency Expert Advisor specifically developed for the MT4 platform.
- It employs two distinct strategies to optimize trading performance.
- The EA is suitable for both novice and experienced traders.
Key Features:
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Minimum Deposit:
- To get started, you only need a minimum deposit of $100.
- This accessibility makes it an attractive choice for traders of all levels.
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Timeframe:
- The primary trading timeframe for the Merkava Prop Trader EA is H1 (1-hour).
- This allows for efficient analysis and timely execution of trades.
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Currency Pair:
- The recommended currency pair for this EA is AUDCAD.
- AUDCAD offers good liquidity and favorable trading conditions.
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Initial Lot Size:
- The initial lot size per currency pair is 0.01 lot.
- This conservative approach ensures controlled risk exposure.
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Minimum Leverage:
- The EA operates with a minimum leverage of 1:1.
- This prudent leverage setting promotes capital preservation.
Trading Strategy:
- The Merkava Prop Trader EA utilizes a combination of Trend System and Reverse System:
- Trend System:
- The EA identifies the main trend direction.
- It waits for correction moments against the trend.
- Trades are executed in the direction of the trend continuation.
- No grid or martingale strategies are employed.
- Each trade is protected by a Stop Loss order.
- Only one trade is made per direction.
- Scalping is not part of the strategy.
- Reverse System:
- When quotes reach maximum overbought or oversold levels, the EA enters trades in the direction of price reversal.
- Again, each trade is protected by a Stop Loss order.
- Martingale and averaging techniques are avoided.
- Trend System:
Why Choose Merkava Prop Trader?
- AI Adaptation: The EA adjusts trading parameters based on market volatility using artificial intelligence.
- Diversified Portfolio: Trades across 8 different assets.
- Steady Returns: Offers a consistent monthly return of 10-25%.
- Risk Management: Maximum drawdown is limited to 5%.
- Compatible with FIFO Rules: Works with any broker, including those with FIFO rules.
- No Dangerous Strategies: No risky strategies like martingale or averaging.
Get Started:
- Telegram Link: Join our Telegram group for updates and discussions: https://mahakaryadigital.com Telegram.
- Download the EA: You can download the Merkava Prop Trader EA from our website: https://mahakaryadigital.com/product/merkava-prop-trader-ea-mt4/
Remember, successful trading requires discipline, risk management, and continuous learning. The Merkava Prop Trader EA provides a reliable tool to enhance your trading journey.