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Bashir Abdi Jama  

MudugEA settfileImage

  1. Timeframe: Use a 15-minute timeframe to take advantage of short-term market movements.

  2. Currency pair: US30 is a popular index pair with high volatility and liquidity, making it suitable for short-term trading.

  3. Risk Management: Risk management is crucial when using MudugEA on US30 with a 15-minute timeframe. It is recommended to use small lot sizes and strict stop-loss levels to avoid significant losses in case of consecutive losing trades.

  4. Indicators: Choose a combination of trend and momentum indicators to identify entry and exit signals. Make sure to test different combinations and adjust parameters for optimal results.

  5. Backtesting: Perform thorough backtesting on historical data to validate your strategy and parameters before using MudugEA on live accounts.

Note to buyers: Please keep in mind that risk management is of utmost importance when using MudugEA on US30 with a 15-minute timeframe. Make sure to use small lot sizes and strict stop-loss levels to protect your account balance. Backtesting is crucial to ensure the performance of your strategy and parameters.

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Bashir Abdi Jama  

Dear users,

I would like to provide you with some important information about the MudugEA setfile and its use.

Firstly, the MudugEA setfile can be used with various brokers, but it is important to note that the EA's performance may depend on the broker's spread and slippage. Therefore, we recommend checking your broker's spread and slippage before using this setfile to ensure that the trading parameters set in the file will work correctly.

Please be aware that the MudugEA setfile has been designed to optimize the EA's performance for a high-risk trading strategy. This may result in more losing trades with small losses and very large winning trades. We recommend carefully considering this before using the setfile and adjusting your risk management settings accordingly to minimize your risk.

It is also important to note that some trades may not have their stop loss and take profit levels set due to the broker's spread and slippage. This is a feature we have included to ensure that the EA performs optimally in different market conditions. However, it is essential to monitor your trades closely to ensure that they are performing as expected.

At the end of the day, the MudugEA setfile includes an inbuilt stop loss and take profit signal that will close the order after receiving an opposite signal. However, we also recommend that you monitor your trades closely and make adjustments as necessary to ensure that the EA is working correctly with your broker's specific spread and slippage.

In conclusion, we have designed the MudugEA setfile to help you trade more effectively with various brokers. However, it is essential to consider your risk management and monitor your trades closely to ensure that the EA is working optimally. If you have any questions or concerns, please feel free to contact our support team for assistance.

Best regards,

MudugEA development team.