Technical Indicators for MetaTrader 4
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MetaTrader 4
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Overview
Velvet Ace EA — automated trading algorithm
Velvet Ace EA is an Expert Advisor for MetaTrader 5, designed to automate trading on the forex market. The algorithm combines price action analysis with adaptive risk management methods, allowing it to adjust to changing market conditions.
Main features
- Automated trading: operates 24/7 without trader intervention.
- Market adaptation: responds to volatility and trend changes.
- Order execution types supported: IOC, FOK, Return, BOC.
- Risk management: stop losses and dynamic capital protection parameters.
- Quick start: pre-optimized parameters for easy setup.
Technical parameters
- Currency pairs: NZDCAD, AUDCAD
- Recommended pair: NZDCAD
- Timeframe: M15
- Account type: Raw Spread
- Leverage: 1:500
- Minimum deposit: from $5000 (recommended for proper algorithm operation)
- VPS: recommended for stable operation
- Recommended broker: IC Markets
Conclusion
Velvet Ace EA is a solution for traders who value technology and automation. Suitable for both experienced traders and those who prefer to minimize manual involvement in trading.
Disclaimer:
Trading in financial markets involves risk. Use only funds you can afford to lose. The author is not responsible for any potential losses.
All products are available exclusively on the official MQL5 website: seller profile.
Support:
If you have any questions about installation or setup, feel free to contact me via private messages on MQL5.
