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Expert: VenomViper (EURUSD).ex4 (Unlocked), NO MANUAL.
Trading Setup Overview
Pair: EURUSD
Platform: MetaTrader 4 (MT4)
Timeframe: 1 Hour (H1)
Indicator: Stochastic Oscillator (with multiple entry guidelines)
Trade Parameters
Recommended Starting Capital: $300 (for 0.01 lot size per trade)
Risk/Reward Ratio: 1:2
Take Profit (TP): 60 pips
Stop Loss (SL): 30 pips
This setup offers a balanced risk/reward profile suited for traders looking to use the Stochastic Oscillator effectively on the hourly EURUSD chart. The guidelines help identify precise entry points to maximize potential profits while controlling risk.