SALAZAR EA Source Code MQ4 (Works on Build 1420) | Forex Robot | MT4 Expert Advisor

The SALAZAR EA is an automated trading solution designed for MetaTrader 4 (MT4). Traders can access its source code (in MQ4 format), allowing for customization, optimization, and in-depth analysis.

To run SALAZAR EA effectively, a minimum deposit of $500 is recommended. This ensures sufficient capital to withstand market fluctuations and execute trades with precision.

Timeframe: M1 or M5

• SALAZAR EA operates optimally on short timeframes: either M1 (1-minute) or M5 (5-minute). These timeframes allow for quick decision-making and capitalize on rapid price movements.

Currency Pairs: Excluding XAUUSD (Gold)

• SALAZAR EA is compatible with various currency pairs. However, it is not recommended for XAUUSD (Gold) trading. Instead, consider pairs like EURUSD, GBPUSD, or USDJPY.

Trading Strategy: Scalping with Risk Management

• Scalping Strategy: SALAZAR EA follows a scalping approach. It aims to profit from small price fluctuations within short timeframes. Here’s how it works:
  • Entry Criteria: The EA identifies precise entry points based on technical indicators (e.g., moving averages, RSI, or stochastic oscillators).
  • Quick Trades: SALAZAR EA executes frequent trades, aiming for small gains per trade.
  • Tight Stop Loss: The EA sets tight stop-loss orders to limit potential losses.
  • Take Profit: It targets small profit levels, often within a few pips.
  • Risk Management: SALAZAR EA incorporates risk management techniques to protect the account balance. It adjusts position sizes based on account equity and volatility.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

Experts :

• SALAZAR EA.mq4

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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.