EA Papeda is a full automatic trading system base on martingale on pair EURUSD only. Minimum balance to trade with this EA (to copy the trade) is:
1. Leverage 1:500 minimum $2000
2. Leverage 1:200 minimum $3000
3. Leverage 1:100 minimum $5000
The strategy is:
#1 - Place an order according to the direction of the market trend.
#2 - Orders will be placed if there has been a price correction.
#3 - If the price correction remains against the market trend, it will do martingale to accelerate reaching the profit target.
#4 - If the existing order has not reached the profit target while the market trend has changed, then hedging will be carried out as a safety of funds. If all buy and sell orders have reached the set profit target, the EA will close all orders.
#5 - If all active orders have recorded a loss of up to 25% of equity, then all orders will be closed completely for safety of funds then will look for new opportunities and new orders at the next opportunity.
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