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BTC Top Down Analysis EA MT5

This EA adapt to changing market conditions, continuously monitoring macroeconomic indicators and sector performance, and adjust the trading strategies to capitalize on emerging trends


BTC Top-Down Analysis EA does not use any risky trading style, such as grid/martingale systems, but a rather simple Top-Down trading strategy based on Top-Down Analysis, This strategy is very effective for a volatile pair such as BTC, gold 


Highlights:


  • Each trade has a TP and SL from the start, and the EA will use a trailing SL and Break even point (BV) to minimize risk and maximize profits if price starts moving in the right direction
  • A default setting can be used on accounts maintained by a Prop firm or by a Funded firm
  • No grid, No Martingale 
  • Good money management and 1/3 RW per trade 
  • (TSTOP) it calculates the distance between the reference price and the stop level, 
  • (STEP) the step is the extra amount of distance that the price must travel before the stop gets modified 
  • Minimum recommended deposit $100
  • Simple and easy to use : Attach the EA with any timeframe on each symbol chart (BTCUSD)
  • Recommend VPS (option ) 
  • Recommend running this bot on broke that opening BTC on weekend 

  • very important setting you must change 
                       
default setting             change to recommended setting

                                           

    SL                                1000                               100000

   TP                                 3000                               300000

  TSTOP                            2000                               200000
  TSTEP                            500                                   50000  

  BV                                 2000                                200000                                    







Backtesting:

Simply run on BTCUSD, but you must change the default setting to the recommended setting

 You can also change the trade frequency manually to see the different results

Timeframe of the chart doesn’t matter, but for backtesting Setup 1m 





















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