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ALGO EURO MANUAL – Buying and selling Methods – 16 December 2024


ALGO EURO EA – HOW TO SETUP 

https://www.mql5.com/en/market/product/128246?supply=Website

Core Advantages

  • No Martingale Methods: Avoids high-risk strategies to guard your capital.
  • Conservative Cash Administration: Adopts secure and dependable buying and selling practices.
  • Protected Positions: Each commerce has a clearly outlined stop-loss and take-profit degree.
  • Verified Again testing Outcomes: Achieves secure efficiency with 99.9% high quality information.
  • Dealer-Agnostic Efficiency: Delivers constant outcomes no matter dealer circumstances.
  • Streamlined Setup Course of: Straightforward to put in and configure.
  • FTMO & Proprietary Agency Compliant: Totally suitable with buying and selling agency necessities.
  • VPS Internet hosting Really helpful: For optimum efficiency and uninterrupted operation.
  • Preliminary Deposit Requirement: Begin with as little as $250 (Optimum: $500+).

Technical Specs

  • Buying and selling Pair: EURUSD
  • Timeframe: H1 (1-hour)
  • Platform: Meta Dealer 5 (MQL5)
  • Leverage: 1:30 for conservative, low, and normal-risk buying and selling. For higher-risk buying and selling, leverage of 1:100 or extra is required.
    Account Kind: Any
    Dealer: An excellent ECN dealer is required 
    VPS: Extremely advisable.

All it’s essential do are two easy steps:

  1. Choose a danger mode.
  2. Select the utmost each day danger proportion.

Moreover, you’ve gotten the choice to regulate the buying and selling quantity in response to your preferences.

Danger mode 

  • Funded Accounts Danger Mode (Together with FTMO):

    • That is the default setting and is pre-configured for buying and selling on nostro accounts, together with FTMO.
    • There isn’t a must make any adjustments; the advisor is able to commerce proper out of the field.
    • The enter parameters embody a “Day by day Danger Share” operate, which is presently set to 1%.
    • For a safer, extra conservative strategy, this may be adjusted to 0.5%, making it extremely protecting and compliant with nostro guidelines.
  • Conservative Danger Mode:

    • Designed for smaller accounts, ranging from as little as $50.
    • Requires a minimal leverage of 1:100 or increased.
    • This mode prioritizes stability and security over increased returns.
  • Trendy Danger Mode:

    • Essentially the most worthwhile mode accessible.
    • Appropriate for each nostro accounts and private buying and selling accounts.
    • To make use of this mode, merely alter the “Danger Share” parameter within the settings.
    • The change will be made simply with a single click on within the MT5 platform, guaranteeing a user-friendly expertise.
  • Aggressive Danger Mode:

    • Pre-configured and prepared for fast use.
    • Permits you to both manually set the buying and selling quantity or let the advisor routinely alter it based mostly on the account measurement.
    • This mode is designed for merchants in search of increased returns with a extra dynamic strategy to danger administration.
  • It is suggested to make use of both the FTMO or Trendy danger modes, as each are probably the most worthwhile choices. As soon as the chance mode is chosen, set the each day danger proportion within the enter parameters.

    4o

    If you wish to set the lot measurement manually, you have to to alter the “Use Cash Administration” operate from “True” to “False.” As soon as that is achieved, you possibly can choose your required lot measurement.

    Lot size function

    That is it! You are able to activate the Skilled Advisor.
    For extra guides on automated buying and selling and MQL5, go to my YouTube channel. The hyperlink is within the bio!

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