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Content: Expert: Saviour_fix.ex4 v8 (Unlocked-Unlimited), NO MANUAL.
This Expert Advisor (E.A.) operates based on three key models to analyze the market and execute trades:
1. Price Channel:
Price channels are a form of technical analysis where price action is bounded within parallel lines that indicate the upper and lower limits of the price movement. The E.A. uses these channels to identify potential breakout or breakdown points for executing trades.
2. Pivot:
Pivot points are used to determine the overall market trend. They are calculated using the previous period’s high, low, and close prices. The E.A. uses pivot levels to decide on entry points, stop losses, and take profits based on market direction.
3. Price Action:
Price action refers to the movement of price on the chart, without relying on indicators. The E.A. analyzes candlestick patterns and price behavior to make decisions about the best times to enter and exit the market.
Profits Expected:
The E.A. is designed to deliver 250% to 450% returns per month, depending on market conditions and the strategies employed.
This system integrates various strategies to improve profitability and manage risk efficiently.
