Technical Indicators for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
USTEC EA Overview
Important: This EA requires a minimum $20,000 capital to use, and leverage of 1:500.Crucial to use only reputable good ECN broker with low spreads. Broker server time must be ((UTC+02:00)
Only Use the default lot size of 1 only. The EA will scale in positions.
Note: This EA is aggressive. Understand the risks associated with trading this EA in the Forex market before deciding purchase it.
I recommend you test the EA for 1 month on demo before deciding to go live so that you can get accustomed to the EA trading mechanics.
This is a mechanical EA there is no parameters to configure.
1. Purpose and Strategy
- Trades the USTEC (NASDAQ 100) index, leveraging high volatility and trends.
- Combines short-term swing and medium-term momentum trades.
2. Trade Management
- Flexible Holding Times: based on the live trading data 85% of trades close in under a week; some can extend to multiple weeks.
- Adaptive Exit Logic: Uses both tight profit targets and trend-following exits.
3. Key Advantages
- High Liquidity & Volatility: Frequent trade setups in NASDAQ 100.
- Diverse Market Conditions: Adapts to both trending and ranging markets.
- Consistent Performance Aim: Balances short trades and selective long holds.
4. Ideal Users
- Traders wanting automated exposure to tech sector indices.
- Investors who can handle both intraday and multi-day trades.
Reminder: Past performance of this EA is not indicative of future results. Forex trading involves significant risks. Understand them fully before using this EA.
