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Saturday, 15 February 2025
Super Prime EA V20.2 MT4
Super Prime EA V20.2 MT4

Super Prime EA V20.2 MT4

Watch the testing video here:

Let’s break down the valuable information about the Super Prime EA V20.2 for MT4 :

 Overview

  • Name: Super Prime EA V20.2
  • Platform: MetaTrader 4 (MT4)
  • Type: Fully automated multicurrency Expert Advisor (EA)
  • Author: Fanur Galamov
  • Version: 2.0
  • Activation Limit: 10

Key Features

  1. Scalping Algorithm: The Super Prime EA utilizes a scalping trading algorithm to identify precise entry and exit points on the 5-minute chart.
  2. Risk Management: It incorporates money management features to control lot sizes and minimize risk.
  3. Currency Pairs: Works best with major currency pairs that have low spreads, including:
    • EURUSD
    • GBPUSD
    • USDJPY
  4. Compatibility: Compatible with any MT4 broker with low spreads.
  5. Timeframe: Optimal timeframe is M5 (5-minute chart).
  6. No Dangerous Strategies: Unlike grid or martingale strategies, the Super Prime EA avoids risky trading methods.

Strategy

  • Scalping Approach: Scalping involves rapid opening and closing of positions to capitalize on small price movements.
  • Entry and Exit Points: The EA carefully analyzes market behavior, considering factors such as trend direction, current price levels, economic news, and nearby round levels.
  • Trade Direction: Trades in the direction of the main trend or counter-trend at price bounces.
  • Risk Control: Risk is managed through appropriate stop loss and take profit levels.
  • Avoiding Volatility: May not perform well in highly volatile or unpredictable market conditions.
  • Returns: While scalping generates frequent winning trades, individual trade returns may be relatively small.

Minimum Deposit

  • Recommended: $200 (or equivalent in account currency)
  • Leverage: 1:30 to 1:500
  • Account Type: Recommended to use an ECN account for best results.
  • VPS: Consider using a Virtual Private Server (VPS) for faster execution.

 

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