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Forexeko

د.إ10,000.00

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Description

ForexEko is a powerful Expert Advisor (EA) designed specifically for trading XAUUSD on the H1 timeframe. This EA employs a sophisticated strategy that leverages price action, built-in indicators, and meticulous market analysis to maximize trading opportunities and profits.

Strategy Details:

  1. Market Scanning and Trend Identification:
    • ForexEko continuously scans the market to identify the general trend using price action.
    • It utilizes built-in indicators such as Moving Averages to assist in this identification process.
  2. Overbought/Oversold Check:
    • The EA checks with an Oscillator to ensure that the market is not in an overbought or oversold area, ensuring optimal entry points.
  3. Exotic Candle Filtering:
    • The EA examines the chart to filter out exotic candles, focusing only on reliable and actionable candlestick patterns.
  4. Candlestick Pattern Recognition:
    • ForexEko identifies specific candlestick patterns to determine market sentiment.
    • If the conditions suggest that the Bulls are in power, it triggers a BUY order after all confirmations are met, and vice versa for SELL orders.
  5. Risk Management:
    • Each order placed by ForexEko comes with a predefined Stop Loss and Take Profit.
    • The Take Profit level is set higher than the Stop Loss to ensure a favorable risk-to-reward ratio.
    • Only one order is opened in the market at any given time to manage exposure.
  6. Martingale Strategy:
    • To cover loss orders, ForexEko employs a very light martingale strategy, ensuring that risks are managed effectively.
  7. Global Stop Levels:
    • For enhanced security, the EA includes built-in Global stop levels to protect against significant market movements.

Optimization:

ForexEko has undergone extensive optimization using high-quality tick data from 2016 to the present. The tick data is provided by Thinkberry SRL, known for developing the industry-leading Tick Data Suite tool for optimization. This rigorous process has enabled us to select the most accurate settings, resulting in:

  • Low DrawDown: Ensuring that the risk is minimized.
  • High Profitability: Achieving around 100% yearly profit with a small deposit of $10000.
  • Martingale: Since 2016 ForexEko reached once the 8th step of loss recovery, with the max lot size of 8.26 lots.

Why Choose ForexEko?

  • Accurate Market Analysis: Combining multiple indicators and price action for precise market entries.
  • Effective Risk Management: Always prioritizing safety with Stop Loss, Take Profit, and Global stop levels.
  • Proven Optimization: Backed by high-quality tick data, ensuring reliability and performance.
  • User-Friendly: Easy to set up and manage, making it suitable for both beginners and experienced traders.
  • Minimal capital: Minimal capital to trade with ForexEKO is 10 000 USD

Experience the power of ForexEko and transform your XAUUSD trading on the H1 timeframe with a strategy that is meticulously crafted and optimized for success.