EA PAYABO MT4 No DLL (Work on Build 1420) | Forex Robot | MT4 Expert Advisor

EA PAYABO MT4 is an Expert Advisor  specifically designed for the MetaTrader 4 (MT4) platform. The EA operates on various timeframes, ranging from 5 minutes (M5) to 1 hour (H1). You can choose the timeframe that aligns with your trading preferences.

EA PAYABO MT4: A Comprehensive Guide

Overview

• Minimum Deposit: $500
• Timeframe: M5-H1 (5-minute to 1-hour charts)
• Currency Pairs: EURUSD, GBPUSD, XAUUSD (Gold)

Key Features

1. Deposit Requirement:
   • To use the EA PAYABO MT4, you’ll need a minimum deposit of $500 in your trading account.
2. Timeframe:
   • The EA operates on various timeframes, ranging from 5 minutes (M5) to 1 hour (H1). You can choose the timeframe that aligns with your trading preferences.
3. Platform Compatibility:
   • The EA PAYABO MT4 is specifically designed for the MetaTrader 4 (MT4) platform. Ensure you have MT4 installed on your computer or mobile device.
4. Supported Currency Pairs:
   • The EA works with the following currency pairs:
     • EURUSD (Euro against US Dollar)
     • GBPUSD (British Pound against US Dollar)
     • XAUUSD (Gold against US Dollar

Key Features

1. Deposit Requirement:
   • To use the EA PAYABO MT4, you’ll need a minimum deposit of $500 in your trading account.
2. Timeframe:
   • The EA operates on various timeframes, ranging from 5 minutes (M5) to 1 hour (H1). You can choose the timeframe that aligns with your trading preferences.
3. Platform Compatibility:
   • The EA PAYABO MT4 is specifically designed for the MetaTrader 4 (MT4) platform. Ensure you have MT4 installed on your computer or mobile device.
4. Supported Currency Pairs:
   • The EA works with the following currency pairs:
     • EURUSD (Euro against US Dollar)
     • GBPUSD (British Pound against US Dollar)
     • XAUUSD (Gold against US Dollar)
5. Martingale Strategy:
   • The EA PAYABO MT4 follows a martingale strategy:
     • Initial Position: When the EA identifies a trading opportunity, it opens an initial position (buy or sell) based on its internal algorithm.
     • Hedging Positions: If the market moves against the initial position, the EA opens hedging positions in the opposite direction. These positions aim to mitigate losses.
     • Lot Size Adjustment: The EA dynamically adjusts the lot size for each position, doubling it after each loss (typical of martingale strategies).
     • Take Profit and Stop Loss: The EA sets take profit and stop loss levels for both initial and hedging positions.
     • Risk Management: Be cautious with martingale strategies, as they can lead to significant drawdowns if not managed properly.

How to Get Started

1. Download the EA:
   • Visit our website.
   • Download the EA PAYABO MT4 from the provided link.
2. Installation:
   • Open MetaTrader 4 (MT4).
   • Navigate to “File” > “Open Data Folder.”
   • Locate the “MQL4” folder and place the EA file in the “Experts” directory.
   • Restart MT4.
3. Configuration:
   • Set your preferred lot size (position size) based on your risk tolerance.
   • Adjust other parameters within the EA settings as needed.

What’s in the package?

• Experts : EA PAYABO.ex4

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You can get it free if you signup Exness with our referral link

https://one.exnesstrack.net/intl/en/a/s020wlktrj

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an 'as is' basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.