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

SkyUp EA is a forex trading expert advisor (EA) with its source code available in MQ4 format. This EA is designed to automate trading strategies and can be customized by traders to suit their preferences. Whether you’re an experienced trader or just starting, SkyUp EA provides a flexible solution for optimizing your trading activities. Explore the code, test it, and fine-tune the settings to enhance your trading experience!

The SkyUp EA is an open-source forex trading expert advisor, available in MQ4 format. As a trader, you have the opportunity to explore its source code, customize it, and optimize your trading strategies. Let’s dive into the details:

Key Features

• Minimum Deposit: To get started with SkyUp EA, a minimum deposit of $500 is recommended. This ensures sufficient capital for effective trading.

Trading Strategy

SkyUp EA follows a simple moving average (MA) crossover strategy. Here’s how it works:

1. Moving Averages (MA):
   • The EA uses two MAs: a short-period MA and a long-period MA.
   • When the short-period MA crosses above the long-period MA, it generates a buy signal.
   • Conversely, when the short-period MA crosses below the long-period MA, it triggers a sell signal.
2. Timeframe:
   • SkyUp EA operates on the M1 or M5 timeframe.
   • These shorter timeframes allow for more frequent trades and quicker responses to market movements.
3. Currency Pairs:
   • The EA is compatible with various currency pairs, excluding XAUUSD (gold).
   • Consider popular pairs like EUR/USD, GBP/USD, or USD/JPY.

Risk Management

• Stop Loss and Take Profit:
  • SkyUp EA incorporates user-configurable parameters for setting stop loss and take profit levels.
  • These levels help manage risk and protect your capital.

Strategy Type

• SkyUp EA is not a martingale or hedging strategy. Instead, it falls into the category of a scalper.
• Scalping aims to capture small price movements within short timeframes, making it suitable for active traders.

How SkyUp EA Takes Trades

1. Buy Signal:
   • Short-period MA crosses above the long-period MA.
   • EA opens a buy position.
   • Stop loss and take profit levels are set.
2. Sell Signal:
   • Short-period MA crosses below the long-period MA.
   • EA opens a sell position.
   • Risk management parameters are applied.

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 :

• SkyUp EA.mq4

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

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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.