Magic EA MT4 NoDLL

Minimum Deposit:
- To get started with the Magic EA MT4 NoDLL, you’ll need a minimum deposit of $50. This makes it accessible for traders with smaller capital.
Timeframe:
- The recommended timeframes for running this EA are M15 and higher. However, it’s essential to consider your trading preferences and risk tolerance. Longer timeframes (such as H1 or H4) may provide more stable results.
Currency Pairs:
- The “Magic EA MT4 NoDLL” is versatile and can work on any currency pair. Here are some suggestions:
  - EURUSD: A popular choice due to its liquidity and stability.
  - GBPUSD: Known for its volatility, which can lead to significant profit opportunities.
  - AUDUSD: Offers a good balance between stability and movement.

Magic EA MT4 NoDLL

Strategy:
- The “Magic EA MT4 NoDLL” follows a grid strategy. Here’s how it works:
  - Automatic Reopening of Grid Pending Orders: After closing market positions (by Take-Profit, Stop-Loss, or manual intervention), the EA reopens grid pending orders.
  - Price Levels: Pending orders are placed with a specified step from the initial prices. These levels can be entered manually or generated automatically at the beginning of the trade.
  - Indicator-Free Approach: The EA doesn’t rely on traditional indicators but focuses on grid management.
  - Control and Alerts: The Magic Grid information panel provides reliable control over the advisor’s trading. It alerts you about changes, restored orders, and other important events.
Magic Number:
- Each trade executed by the EA has a unique magic number. This allows precise tracking and management. You can set different magic numbers for multiple instances of the EA or to differentiate between manual and automated trades.

Remember to adjust the settings according to your risk tolerance and trading preferences.

You can download the “Magic EA MT4 NoDLL” from your website : https://mahakaryadigital.com/

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