FOREX Robot EA GBP/JPY M15 Available On MT4 and MT5
Take your trading to the next level with this specialized GBP/JPY Forex EA, crafted for the M15 timeframe. Designed for traders who value precision and agility, this EA combines a carefully balanced stop-loss and take-profit strategy with a comprehensive set of entry and exit indicators tailored for the GBP/JPY pair.
Key Features:
- Operating Pair: GBP/JPY – optimized for the high volatility and dynamic movements of the GBP/JPY currency pair.
- Timeframe: M15 – ideal for short-term trading, capturing rapid price movements with precision.
- Stop Loss: 85 pips – calibrated to manage risk effectively while accommodating the pair's volatility.
- Take Profit: 86 pips – set for optimal profit-taking with a near 1:1 risk-to-reward ratio.
- Moving Average: Identifies the overall trend direction, ensuring trades align with market momentum.
- Alligator Indicator: Utilizes smoothed moving averages to detect trends and avoid false signals during ranging markets.
- Accelerator Oscillator: Measures momentum shifts, providing early signals for potential trade opportunities.
- Williams' Percent Range (%R): Highlights overbought and oversold levels, confirming ideal entry points during market reversals.
- Bollinger Bands: Detects overbought and oversold conditions, signaling exits when price moves outside the bands or reverts to the mean.
- Envelopes: Tracks price deviations around a moving average, providing exit signals at extreme levels or trend exhaustion.
- Candle Color: Monitors market sentiment shifts, offering visual confirmation for timely trade exits.