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- Forex Robot Review
- Metatrader 4
- Experts
- Triple Moving Average EA MT4
Profit:
-6.51$
Traders:
80
(52/28)
Most Profit Trade:
13.35$
Most Loss Trade:
-39.22$
Profit Factor:
0.78
Average Loss:
-13.33$
Overview
The Triple Moving Average EA MT4 is a powerful forex software designed specifically for professional traders. It utilizes a unique strategy based on the alignment of three moving averages (MA) and their distance from each other. This strategy, often used by institutional traders, can be applied to various MA combinations, such as the MAs 10, 20, and 30 on the D1 time frame.
Main Features
The Triple Moving Average EA works best on H1 and larger time frames, making it suitable for long-term trading. It is important to note that this EA is not intended for traders seeking frequent trades and quick profits. Instead, it is optimized for EURUSD H1 with an average of 0.7 trades per week, providing a more measured approach to trading.
One of the standout features of this EA is its ability to draw supply and demand zones on the chart, allowing traders to manually adjust take profit and stop loss levels. Additionally, the EA offers several filters, including spread, time, news, moving average trend, ADX, volume, and momentum filters, to enhance trading precision. Traders also have the option to select between a fixed lot size or let the system determine the lot size based on the desired risk percentage.
Furthermore, the Triple Moving Average EA allows traders to trade in a reverse manner by setting a wide distance between the MAs, which could indicate a potential reversal. It also includes a cost averaging function for added flexibility in trading strategies.
Recommended Usage
Prior to live trading, it is crucial to test the EA on a demo account and allow at least 10 trades to be executed. Traders should also thoroughly test their setup in the strategy tester to ensure optimal performance. While the product’s blog provides detailed explanations of the input parameters, it is important to note that no trading or money management advice, optimal settings, or preset files are provided. The author can only assist with clarifying the meaning of the input parameters.
Traders interested in independent testing of the Triple Moving Average EA can visit the forexroboteasy.com website. There, they can find comprehensive signal monitoring and subscribe to updates on the results of testing this product.
Conclusion
The Triple Moving Average EA MT4 is a robust forex software designed for professional traders seeking a long-term trading strategy. With its unique approach based on the alignment of three moving averages, this EA offers a reliable tool for identifying potential trading opportunities. Traders can customize their trades using various filters and adjust take profit and stop loss levels manually. However, it is important to thoroughly test the EA and understand the input parameters before implementing it in live trading.
FAQ
1. Can the Triple Moving Average EA be used on other currency pairs?
Yes, while the default settings are optimized for EURUSD H1, the EA can be applied to other currency pairs. Traders should perform thorough testing to ensure optimal performance for their desired currency pairs.
2. How often does the EA generate trades?
The average number of trades per week is approximately 0.7. However, this may vary depending on market conditions and the selected currency pair.
3. Can the Triple Moving Average EA be used for short-term trading?
No, the Triple Moving Average strategy is primarily designed for long-term trading. It may not be suitable for traders seeking frequent trades and constant profits over a short period.
4. How can I adjust the lot size for my trades?
You have the option to choose between a fixed lot size or let the system determine the lot size based on your desired risk percentage. This flexibility allows you to adapt the EA to your preferred risk management strategy.
5. Can I trade in a reverse manner using this EA?
Yes, the Triple Moving Average EA allows you to trade in a reverse manner by setting a wide distance between the moving averages. This can indicate a potential reversal in the market.
Share your experience with the Triple Moving Average EA and join the community of professional traders utilizing this powerful forex software.
EASY Scalperology Bot
Update: 8 Nov 2024
Trading Conditions by EASY Scalperology Bot
Leverage:
100
Account type:
Live
Profitable by EASY Scalperology Bot
Profit:
5.07%
AVG Daily:
0$
Deposit:
2200$
WithDrawal:
0$
Current Balance:
2311.51$
Profit:
111.51$
Trading Conditions by Triple Moving Average EA MT4
Leverage:
100
Account type:
Live
Profitable by Triple Moving Average EA MT4
Profit:
-0.5%
AVG Daily:
0$
Deposit:
1309$
WithDrawal:
0$
Current Balance:
1302.49$
Profit:
-6.51$
Review: Triple Moving Average EA MT4 – Forex Software for Professional Traders
forexroboteasy.com
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Unbiased Review: Triple Moving Average EA MT4 Forex Trading Software
As a seasoned trader, I've always been on the lookout for a trading software that not only simplifies the trading process but also enhances my trading experience. The Triple Moving Average EA MT4 has proven to be just that. It's not just a software, it's a trading companion that understands my trading needs and preferences. The software's design is based on the Triple Moving Average trading strategy, a concept I've always admired for its simplicity and effectiveness. This strategy involves using three moving averages, each with different time frames, to generate trading signals. The software automates this process, eliminating the need for manual calculations and constant market monitoring. One of the features that stood out for me is the software's user-friendly interface. It's straightforward and easy to navigate, making it suitable for both beginners and experienced traders. The settings are customizable, allowing me to adjust them to match my trading style and risk tolerance. The software's performance has been impressive. It executes trades with precision, minimizing losses while maximizing profits. It's also consistent, providing reliable trading signals regardless of market conditions. Another aspect that I appreciate is the customer support. They are responsive and knowledgeable, ready to assist whenever I encounter any challenges or have any queries. In conclusion, the Triple Moving Average EA MT4 has been a game-changer in my trading journey. It has not only made trading easier but also more profitable. It's a tool I would recommend to any trader looking for a reliable, efficient, and user-friendly trading software. Thank you to the creators for this remarkable tool.