Transform Your Forex Trading with ShutterStock EA V1.5 M4

Overview

Step into the future of forex trading with ShutterStock EA V1.5 M4, a powerful EA designed to enhance your trading strategy on the M4 platform. Engineered to identify and execute high-probability trades, this EA is perfect for traders of all experience levels looking to boost their profitability.

Recommended Settings

• Minimum Deposit: $100
• Timeframe: H1 (1 Hour)
• Currency Pairs: EURUSD, EURCHF

Execution of Trades by ShutterStock EA V1.5 M4

The ShutterStock EA V1.5 M4 employs a sophisticated blend of trend-following and range-bound strategies to identify and capitalize on trading opportunities in the EURUSD and EURCHF pairs. Here’s a comprehensive look at how it operates:

• Technical Indicators:
• The EA leverages a combination of Moving Averages (MA), Relative Strength Index (RSI), and Moving Average Convergence Divergence (MACD) to determine the direction and strength of market trends.
• Trade Entry:
• Trades are initiated when the indicators confirm a strong trend alignment.
• For example, if Moving Averages indicate an upward trend, RSI is above 50, and MACD line is above the signal line, the EA will execute a buy trade.

• Risk Management:
• Stop-loss levels are set below recent support levels for buy trades and above recent resistance levels for sell trades to protect against adverse market movements.
• Take-profit levels are established using a risk-reward ratio, ensuring that each trade has a favorable potential reward compared to the risk.

Range-Bound Strategy

• Market Analysis:
• The EA identifies significant support and resistance levels, utilizing Bollinger Bands and the Average True Range (ATR) to define potential trading ranges.
• Trade Execution:
• When the price fluctuates within a defined range and reaches the upper or lower boundary, the EA initiates a trade expecting a reversal.
• For instance, if the price touches the upper Bollinger Band and ATR indicates low volatility, the EA will place a sell trade anticipating a price decline.
• Risk Management:
• Stop-loss orders are placed just outside the trading range to guard against unexpected breakouts.
• Take-profit levels are strategically set within the range to capture the anticipated price reversal.

Contact and Download

Telegram Link – https://t.me/+yfGB1dbSxjAyNmI9

Download the EA

https://www.fxcracked.org/product/shutterstock-ea-v1-5/

https://www.yoforex.org/product/shutterstock-ea-v1-5/

https://www.forexfactory.cc/product/shutterstock-ea-v1-5/

https://www.mql5.software/product/shutterstock-ea-v1-5/

😎Happy Trading😎