EA FIGO V1.0 MT4 – A Smart Trading Algorithm

EA FIGO V1.0 MT4 is an advanced expert advisor designed for traders looking for precision and consistency in forex trading. It is developed to analyze the market, detect trading opportunities, and execute trades based on a well-structured strategy.

Key Trading Details

 

How EA FIGO V1.0 MT4 Executes Trades?

EA FIGO V1.0 MT4 follows a structured trading strategy, focusing on market trends and volatility. Below is a breakdown of its trade execution process:

🔹 Market Analysis & Entry Conditions:

• Uses a combination of trend-following indicators and momentum oscillators to identify potential trade setups.
• Analyzes support & resistance levels to determine the best entry points.
• Implements a breakout strategy, entering trades when price action confirms strong momentum.
• Waits for confirmation from multiple indicators before executing a trade to avoid false signals.

🔹 Trade Execution Strategy:

• Entry Timing: Enters a trade when the price shows a strong directional movement supported by indicator signals.
• Risk Management: Places Stop Loss & Take Profit levels dynamically based on market conditions.
• Lot Sizing: Uses fixed lot size or auto lot scaling, depending on account balance.

🔹 Trade Management & Exit Strategy:

• Uses a trailing stop to lock in profits while letting winning trades run.
• Closes trades when the price reverses sharply or reaches a key resistance/support level.
• Avoids overtrading by limiting the number of active trades per session.

Why Use EA FIGO V1.0 MT4?

✔️ Smart Trade Execution – Enters trades based on trend confirmations.
✔️ Risk Control – Implements proper stop-loss & money management strategies.
✔️ Optimized for Multiple Pairs – Works effectively on major forex pairs & gold.
✔️ Automated Trading – No manual intervention needed, fully automated execution.

EA FIGO V1.0 MT4 is ideal for traders looking for a consistent, trend-based automated trading approach with built-in risk management and precision trade execution.