Author:
Adam Pogorzelski
Are you looking for a straightforward Expert Advisor (EA) to enhance your trading on MetaTrader 4? Look no further than YEA3! This system operates on simple yet effective rules that can be applied to any currency pair. However, to get the best results, it’s recommended to use the lowest trailing stop (TS) settings available.
What's great about YEA3 is its versatility. It can work with any broker, but you’ll definitely notice improved performance with those that allow for lower TS settings.
So, how does it work? It’s pretty simple:
- If the closing price of the previous candle is higher than the current candle, the EA will execute a sell order.
- If the closing price of the previous candle is lower than the current, a buy order will be triggered.
Once you're in a position, you can exit the market either by hitting your take profit (TP) or using the trailing stop (TS) feature.
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