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ForexEko

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ForexEko, an EA for MT4, is meticulously designed to enhance trading precision and profitability. The core strategy of ForexEko revolves around comprehensive market scanning and trend identification, primarily utilizing price action. With the aid of built-in indicators such as Moving Averages, the EA effectively discerns the prevailing market trends. To secure optimal entry points, it incorporates an Oscillator to ensure that the market is neither overbought nor oversold. Additionally, ForexEko employs exotic candle filtering to avoid unreliable candlestick patterns, focusing solely on actionable signals.

ForexEko excels in candlestick pattern recognition, identifying specific patterns to gauge market sentiment accurately. When conditions indicate bullish dominance, the EA triggers a BUY order after thorough confirmation, and conversely, a SELL order if bearish conditions prevail. The EA is equipped with fixed Stop Loss and Take Profit levels, ensuring disciplined risk management. Unlike other EAs that employ risky strategies like Hedge, Scalping, or Grid, ForexEko adopts a safer approach with a light martingale option to cover loss orders.

Optimized rigorously since 2016 using 100% quality tick data from Tick Data Suite, operated by Thinkberry SRL, ForexEko is fine-tuned to trade on XAUUSD with a 30-minute timeframe. We offer ForexEko with a Lifetime license, free from monthly or hidden charges, making it a cost-effective solution for serious traders.
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