- May 26, 2023
- Posted by: Forex Wiki Team
- Category: Free Forex EA
EURUSD Tradingview EA Review
In the ever-evolving landscape of Forex trading, finding a reliable and profitable trading system is crucial for achieving consistent success. One such system that has captured the attention of traders worldwide is the eurusd tradingview EA. Designed for both MetaTrader 4 and MetaTrader 5 platforms, this exceptional Forex robot has been meticulously developed to incorporate various indicators, including Price Action, Cycle Strength, SMA Strength, RSI, and two custom indicators. With a robust trading strategy and advanced features, the eurusd tradingview EA aims to optimize trading performance while reducing the impact of market volatility and external factors.
Year of issue: 2023
Working pairs: EURUSD
Recommended timeframe: H1
Best Brokers List
The broker should have low fees, low swaps, and also a fast server. EURUSD Tradingview EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
|BROKER NAME||REGISTER||Year Founded||Headquartered||Leverage||Minimum Deposit||Regulating|
|1:1000||$5||ASIC, CySEC , IFSC|
🇧🇸 The Bahamas
|1:1000||$200||ASIC, SCB, FSA|
|1:Unlimited||$10||CySEC, FCA, FSCA, FSA, BVI|
|1:500||$200||FCA , ASIC, DFSA|
|1:400||$100||CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA|
EURUSD Tradingview EA Settings
Unraveling the EA’s Core Strategy
The eurusd tradingview EA operates on the H1 timeframe, focusing primarily on the highly liquid EURUSD pair. Its foundation lies in a strategy built around a combination of powerful indicators that provide valuable insights into market movements. By analyzing Price Action, Cycle Strength, SMA Strength, and RSI, the EA intelligently identifies potential entry and exit points, offering traders an edge in capturing profitable trades.
Advanced Features for Enhanced Trading
To cater to the diverse needs of traders, the eurusd tradingview EA incorporates additional features that augment its performance and adaptability. One of these features is the integration of a new system that allows the EA to open pending orders, offering increased flexibility in trade execution. However, traders have the option to disable this feature if it doesn’t align with their preferred trading style.
Moreover, the EA boasts a comprehensive range of filters to mitigate risks associated with news events and high market volatility. The time filter restricts trading within defined trading hours, ensuring the EA avoids opening positions during periods of low liquidity or when markets are susceptible to erratic price movements. The news filter acts as an additional safeguard by refraining from initiating trades 60 minutes before and after high-impact news releases, effectively shielding traders from unforeseen market fluctuations. Furthermore, the spread filter protects trades during important news and events by minimizing the impact of sudden spread widening.
Customization and Flexibility
The eurusd tradingview EA empowers traders by allowing them to customize the parameters according to their individual preferences and risk appetite. With the ability to adjust trade settings and functions, traders can fine-tune the EA’s behavior to align with their unique trading strategies. The EA’s user-friendly interface and comprehensive documentation ensure that traders can easily navigate and modify the parameters to suit their requirements.
Compatibility and Accessibility
To cater to the diverse trading community, the eurusd tradingview EA is compatible with both MetaTrader 4 and MetaTrader 5 platforms. This compatibility ensures that traders can seamlessly integrate the EA into their preferred trading environment without any compatibility issues. Additionally, the EA supports various account types, including Hedging, Zero, Micro, Standard, Premium, and ECN, enabling traders to utilize their preferred account type while benefiting from the EA’s exceptional capabilities.
Optimal Capital Requirements
The eurusd tradingview EA exhibits remarkable performance with a minimum deposit requirement of $1000. This affordable entry point allows traders with different capital levels to harness the power of this Forex robot. With minimum lots of 0.01 and leverage ranging from 1:30 up to 1:1000, traders can adapt their risk exposure according to their risk management strategy, ensuring a balanced approach to trading.
The eurusd tradingview EA stands out as a highly reliable and efficient Forex robot designed to enhance traders’ profitability in the dynamic Forex market. With its advanced indicators, customization options, and risk management features, the EA empowers traders with a competitive edge and the potential for consistent trading success. By harnessing the power of this exceptional trading tool, traders can streamline their trading operations, make well-informed decisions, and optimize their trading outcomes in the ever-changing world of Forex trading.
Download EURUSD Tradingview EA
Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex ea works before using it on a live account.