HighLow_forecast_EURGB

HighLow_Forecast By :
Free EAs

This expert advisor utilizes the up and down movement of the moving average line to generate trading signals, allowing you to take advantage of market fluctuations and maximize your trading opportunities.

Currency PairEURGBP
Time frameM15
TerminalMT5
Trading Style

Live Performance [mfb_live_link]

FirstTrade：10/21/2023 00:00　LastUpdate：11/22/2024 01:22

Custom Widget

Total gain40%
Daily gain0.08%
Monthly gain3%
Drawdown46%
ProfitFactor2.53
Pips764.3
CurrencyUSD
Deposits200
Profit80.56
Balance280.56
Equity283.75
Interest-16.67

Broker : MetaQuotes Software Corp

(DEMO)

Download This Free EA (HighLow_Forecast)

Description

This EA works with MetaTrader 5 (MT5) and is mainly focused on the EURGBP currency pair. The unique feature is that the entry point is determined from the high and low prices within a certain period of time. This allows you to more accurately understand market trends and conduct effective trading.

Furthermore, this EA uses recovery trade. This means that even if a temporary loss occurs, the market will adjust its position and aim to recover profits in the hope that the market will turn around. This allows you to take advantage of market ups and downs and trade efficiently.

Also, the EURGBP currency pair is said to be suitable for grid trading. In other words, price fluctuations are relatively easy to predict and tend to move within a certain range. Therefore, you can expect this EA to work effectively with currency pairs like EURGBP and earn stable profits.

Overall, this EA works on MT5 and targets the EURGBP currency pair. By deriving entry points from high and low prices and utilizing recovery trades, we respond sensitively to market trends and pursue stable profits.

*Since this EA executes recovery trades, please be aware of the risk of large unrealized losses if a large trend occurs.

There is no backtest data.

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