BTC Top Down Analysis EA MT5
- Experts
- Samson Adekunle Okunola
- Versão: 1.0
- Ativações: 8
This EA adapt to changing market conditions, continuously monitoring macroeconomic indicators and sector performance, and adjust the trading strategies to capitalize on emerging trends
BTC Top-Down Analysis EA does not use any risky trading style, such as grid/martingale systems, but a rather simple Top-Down trading strategy based on Top-Down Analysis, This strategy is very effective for a volatile pair such as BTC, gold
Highlights:
- Each trade has a TP and SL from the start, and the EA will use a trailing SL and Break even point (BV) to minimize risk and maximize profits if price starts moving in the right direction
- A default setting can be used on accounts maintained by a Prop firm or by a Funded firm
- No grid, No Martingale
- Good money management and 1/3 RW per trade
- (TSTOP) it calculates the distance between the reference price and the stop level,
- (STEP) the step is the extra amount of distance that the price must travel before the stop gets modified
- Minimum recommended deposit $100
- Simple and easy to use : Attach the EA with any timeframe on each symbol chart (BTCUSD)
- Recommend VPS (option )
- Recommend running this bot on broke that opening BTC on weekend
default setting change to recommended setting
- very important setting you must change
SL 1000 100000
TP 3000 300000
TSTOP 2000 200000
TSTEP 500 50000
BV 2000 200000
Backtesting:
Simply run on BTCUSD, but you must change the default setting to the recommended setting
You can also change the trade frequency manually to see the different results
Timeframe of the chart doesn’t matter, but for backtesting Setup 1m