The three Prop Firm EA Free Download trading robots are designed to operate on the M1 (1-minute) timeframe. Each AUDNZD EA employs unique strategies and indicators tailored for high-frequency trading within this timeframe. The robots aim to capture short-term price movements with a focus on precision entries and exits, leveraging technical indicators like Envelopes and DeMarker.
Common Parameters
- Lot Size: Configured as 6 lots per trade across all three robots.
- Stop Loss: Fixed at 50 pips, ensuring controlled risk.
- Take Profit: Fixed at 50 pips, aiming for a balanced risk-reward ratio of 1:1.
- Trailing Stop: Disabled in all configurations, focusing on fixed stop-loss and take-profit levels.
- Maximum Spread: A parameter that prevents trades from being executed when the spread exceeds a specified limit.
Indicators Used
- Envelopes (Entry Filter):
- Parameters: Period = 13, Deviation = 0.05.
- Used to detect overbought and oversold conditions for trade entries.
- DeMarker (Exit Filter):
- Parameters: Period = 41, Level = 0.09.
- Evaluates market momentum to signal potential trade exits.
Check the Free Expert Advisors Startup Guide – download it and learn how to place the Prop Firm EA Free Download robots on the chart.
Disclaimer: This AUDNZD EA is for educational purposes and is free to download. Get the Prop Firm EA Free Download and test it on a Demo account. Traders should regularly monitor the performance to ensure it aligns with expectations.
