Trade The Wave | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources
New discoveries about the concept of price action
I use special moving averages to control price action
You won't find this online
This is my own design
Entry is made at the first opening and closing price. On the rising candle above the top wave, I used a 75 pip stop loss with a 200 pip target
Only close trade when hit or reversal signal
Good luck
If you have any questions, please feel free to ask
Attached template
1 hour time frame
Forex pairs
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Trade The Wave | Foreign Exchange EA Download - MT4/MT5 Resource Usage and Screening Suggestions
Trade The Wave | Foreign exchange EA download - MT4/MT5 resources are MT5 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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