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OverviewStrategyRecommended SettingsRisk ManagementHow to Install

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  4. /VEGA BOT EA V1.0 – SMART VOLATILITY TRADING ON MT5
GOLD EAMT5V1.0

VEGA BOT EA V1.0 – SMART VOLATILITY TRADING ON MT5

By •OCT 23, 2024•3 MIN READ
FREE DOWNLOADMT5 | GOLD EA
VEGA BOT EA V1.0 – SMART VOLATILITY TRADING ON MT5

Overview

Vega Bot EA V1.0 is an advanced Expert Advisor designed specifically for volatility trading on MetaTrader 5. It uses a proprietary algorithm to detect market volatility spikes and enter trades with precision timing.

Strategy

The EA employs a multi-layered approach:

  • **Volatility Detection**: Uses ATR and custom indicators to measure market volatility
  • **Entry Logic**: Waits for volatility spikes during high-volume sessions
  • **Exit Strategy**: Dynamic take-profit and stop-loss based on current market conditions
  • Recommended Settings

  • **Lot Size**: 0.01 per $1000
  • **Max Spread**: 20 points
  • **Trading Hours**: London and New York sessions
  • **Pairs**: XAUUSD, EURUSD, GBPUSD
  • Risk Management

  • Maximum drawdown protection: 20%
  • Daily loss limit: 5%
  • Trailing stop activation after 50 pips profit
  • How to Install

    1. Download the EA file (.ex5)

    2. Open MT5 and go to File > Open Data Folder

    3. Navigate to MQL5 > Experts

    4. Copy the EA file into this folder

    5. Restart MT5 and attach EA to chart

    Related Tags

    #GOLD EA#MT5#Scalping EA#Forex Robot#Automated Trading

    READY TO TRADE WITH VEGA?

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