Royal GER30

1 posts

Royal GER30 is an expert advisor (EA) designed to trade the German DAX index (GER30) primarily on higher time frames like H1 and H4. This EA boasts the ability to analyze daily and weekly market trends and execute trades accordingly on these time frames. One of the standout features of Royal GER30 is its lack of a traditional stop-loss mechanism; instead, it employs a recovery lot size strategy to manage trades. This means that rather than cutting losses short, it increases the lot size to recover from drawdowns, which can be a double-edged sword depending on market conditions. The EA is particularly suited for brokers like EightCap, which allow trading with a minimum lot size of 0.01 on stocks, making it accessible even for accounts with a minimum deposit of $1,000. For ease of use, the EA includes an auto set file, eliminating the need for manual configuration. The best performance is achieved on the H1 time frame, and users are advised to ensure their broker supports symbols like GER30, GER Cash, DE40, and DE30 to maximize compatibility and efficiency. With this EA, traders can potentially unlock the power of algorithmic trading on one of the most popular European indices without needing to constantly monitor the market, allowing for a more hands-off trading approach. 🚀📈