Recruitment of participants OAVA EA MT4

OAVA EA MT4
1 preset


OAVA EA is a fully automated trading robot specifically designed for trading foreign exchange currencies .
It functions 24/5 without a news filter and is easy to set up with default settings.
The EA works with most brokers and is compatible with the Metatrader 4 platform .
It is categorized as a Hedge Advisor and can be used with any currency pair on the H1 timeframe
The software utilizes algorithmic strategies to analyze market data, identify potentially profitable trades, and execute those trades automatically. With features like risk management tools and multi-pair trading capabilities, OAVA aims to generate consistent returns over time.


https://www.myfxbook.com/members/OavaEa/oava-ea/10550739

It uses algorithmic strategies based on technical indicators to identify trades and manage risk

• The software handles market analysis and trade execution automatically without manual intervention
• Easy setup allows new traders to get started with forex trading quickly
• Hands-free approach saves time compared to manual trading methods
• Built-in features aim to deliver reliable and consistent trading performance

• Platform: MetaTrader 4.
• Advisor Category: Hedge.
• Currency Pairs: Any.
• Timeframe: H1 (1-hour) timeframe preferred, with flexibility to try other timeframes.
• Trading Hours: Operates around the clock.
• Drawdown (DD): Acceptable drawdown of up to 30%.
• Initial Deposit: Starting from $1000 for a lot size of 0.01.
• Expected Return: Aiming for a monthly return of 100% to 200%.

OAVA EA Trading Strategies
The OAVA Forex EA incorporates several core trading strategies:

1. • Trend Following:
     • Analyzes longer-term price trends and momentum.
     • Opens trades in the direction of detected trends.
     • Aims to capitalize on continuation moves for significant gains.
   • Breakout Trading:
     • Identifies instances when price breaks key support and resistance levels.
     • Opens positions when breakouts align with the overall market trend.
     • Seeks to benefit from major market moves.
   • Pattern Recognition:
     • Scans charts for profitable candlestick patterns (e.g., head and shoulders, triangles, flags).
     • Triggers trades when recognized patterns complete, indicating potential price direction.
     • Adds a technical element to trading strategies.
   • Grid Trading:
     • Places a dynamic grid of sequential buy and sell orders around the current market price.
     • Captures market volatility to compound positive returns.
   • Risk Management Module:
     • Controls position sizing and limits losses with stops.
     • Incorporates trailing stops to secure profits.
     • Preserves capital and optimizes the risk-reward profile.

These integrated systems collectively form a robust and profitable trading solution adaptable to various currency pairs and market conditions. The inclusion of a risk management module enhances capital preservation and ensures an optimized risk-reward profile.

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