Auto3M Pro MT4

Overview of Auto3M Pro MT4

• Auto3M Pro MT4 is a fully automatic Expert Advisor designed for trading on the MetaTrader 4 platform.
• Utilizes a combination of Bollinger Bands and Stochastic Oscillator for market analysis.
• It can operate effectively on a Virtual Private Server (VPS) to ensure stable performance.

Trading Strategy

• Employs a hedging strategy to minimize risks and protect against losses.
• Utilizes pending orders (buy stop and sell stop) to capture market trends dynamically.
• Incorporates Fibonacci levels to set target profits as well as support and resistance levels.
• Suitable for 9 currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCHF, USDCAD, USDJPY, EURJPY, GBPJPY.
• Uses Stochastic oscillator for entry signals based on market conditions (overbought/oversold levels). 📈

Key Features

• No martingale strategy used, reducing the risk of massive loss sequences.
• Hard stop loss and take profit parameters for each trade to manage risk effectively.
• Flexible stop loss setting options available including by Bollinger Bands or Fibonacci levels.
• News filter to avoid trading during critical news releases that may affect market volatility.
• Automatic deletion of pending orders after a specified interval to keep the trading strategy clean.

Performance and Results

• Reported substantial profits, with an initial deposit of $1,000 leading to accumulated earnings of over $24 million on GBPUSD between December 2015 and November 2021.
• Balance maximum drawdown at 5.90%, indicating effective risk management and consistent performance.
• Customization allows adjustments based on individual trader preferences, thus enabling a personal trading experience. 🏆

Setup and Configuration

• Recommended initial deposit of at least $100 to effectively utilize the EA features.
• Optimal leverage suggested is 1:100.
• ECN brokers are recommended for best execution and spread conditions.
• Configuration timeframes are primarily set to Day. 🕒