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Optimize Your Trading with Jaws_v01 Forex EA – Unlock Profit Potential
Enhance your trading experience with the Jaws_v01 Expert Advisor (EA), a powerful Forex robot designed to maximize your profits. This EA, available as "jaws_v01.mq4," has undergone rigorous testing on platforms like LQDFX and FXOpen, ensuring compatibility with various brokers.
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NEW Bonus to MT4talk PRO Members!
MT4talk © Forex AI Signal - Trade Executor EA!
and also similar with ea also for safety reason trader turn off ea isn't ???
NEW Bonus to MT4talk PRO Members!
MT4talk © Forex AI Signal - Trade Executor EA!
What is the strategy of this jaw expert about the indicator? 15 pips or less? What are the major currencies and in which time?
What is the strategy of this jaw expert about the indicator? 15 pips or less? What are the major currencies and in which time?
Hey Geibi Bro! Great questions! Let me break it down for you:
Jaws Expert Advisor uses two key indicators, the Parabolic SAR (SAR) and Price Channel Stop (PCS), to make trading decisions. When both these indicators align in the same direction (buy or sell), the EA opens a trade.
The EA doesn't specify a fixed target of 15 pips or less. Instead, it relies on the indicators to signal when to enter and exit trades based on market conditions. The profit you make will depend on market volatility and the specific settings you choose.
While Jaws can be applied to various currency pairs, it's often recommended to use it on major pairs like EUR/USD. Major pairs tend to have more liquidity and stable price movements, making them suitable for automated trading.
The suggested timeframe for EA is the 1-hour chart. This choice aligns with the EA's historical performance and can provide a balance between trading opportunities and a reasonable amount of time to make decisions.
You can experiment with different currency pairs and timeframes to find the settings that work best for your trading, backtest and monitor the EA and make adjustments as needed.
Happy trading, and if you have more questions, feel free to ask!
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