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Rainbow EA MT4

Rainbow EA MT4 is a simple Expert advisor based on  Rainbow MT4 technical indicator witch is based on Moving average with period 34.

The indicator is not required for the EA to operate, it is incorporated in the EA  and can be downloaded from my product page.

Settings:

Suitable for Timeframes up to H1

The parameters below can be set according to your trading rules.

  • StopLoss ( Stop Loss in pips)
  • TakeProfit ( Take Profit in pips )
  • Magic number : ( set to 1479598 )
  • MaxTradeDurationBars ( in Bars )
  • MinTradeDurationBars ( in Bars )
  • TradeSize : 1.0 ( Trade size )
  • MaxOpenTrades : 1 ( Maximum open trades per currency pair )
  • Hedging : true ( Hedging mode )

Some clarification to remember :


For 5-digit brokers : 1 Point=0.00001 and 1 Pip=0.0001 => 10 Points=1 Pip

For 4-digit brokers : 1 Point=0.0001 and 1 Pip=0.0001 => 1Points=1Pip

If your account type is Netting then set Hedging mode to false. 



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My only channel :  https://t.me/InrexEA FTMO challenge is available , Please contact me by best setting for it . My another Best Product recommended with Live Result :  🔥   FiveElemenets   ⭐   StoneBreaker Lite Final Version monitor :   Here    Before you buy all of my product please be aware of the risks involved: 1) Please do not over believe in backtesting result . No one can 100% predict the future . 2) I do not use any .set file , Because I believe that the best strategy should
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QFX Team ROBOT
Salvatore Caligiuri
PROMO PRICE - 100$ COPIES AVAILABLE: 1 - NEXT PRICE: 200,00$ ONLY FOR NEXT BUYER ADDITIONAL GIFT: Royal Entry EA (MT4): click here to open product page  or Versus Yen EA (MT4): click here to open product page To request your gift send email at info@qfxteam.com QFX Team ROBOT  is sophisticated algorithm developed to catch fast movement on GBP pairs using a STRICT STOP LOSS based strategy. Our goal is to reduce risk and drawdown making profit with a lower percentage of winning
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FrankoScalp
Konstantin Kulikov
I have been developing, testing and correcting this automated scalping system for a long time: https://www.mql5.com/en/signals/author/test-standart .   Last settings for EA in the comment: #2009 🛑  Telegram channel with news:   https://t.me/EAFXPRO 🛑   Telegram group for questions and discussion:   https://t.me/EAFXPRO_chat Highlights to pay attention to 1 . During live operation of the EA, the GMT offset parameter is determined automatically based on local time of the computer (GMT_Offset_
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Bear Vs Bull
Steven Anderson
Bear Vs Bull is a fully automatic Scalping Expert Advisor based on price action. The EA strategy trades purely price action with no lagging indicators which has a highly developed trading algorithm programmed that has passed through extensive testing over many years. Best used with Major Pairs GBPUSD, EURUSD, AUDUSD, USDJPY and is best used with reputable Low Spread ECN Brokers. All orders are protected by stop loss. Real Account Monitoring: https://www.mql5.com/en/signals/300687 PM me for set
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