What is Richter EA?
Richter EA is a professional market analysis tool that operates using a specialized algorithm. By examining price movements over designated timeframes, it assesses price strength and amplitude through a unique indicator system grounded in real data. When a trend shifts or changes direction, the EA closes the current position and initiates a new one. Its algorithms also factor in signals related to overbought and oversold conditions in the market. With reliable risk management capabilities, EA is designed to perform effectively with capital starting at $1,000. For optimal results, however, a capital base of $3,000 or more is recommended. The EA’s functionality includes features such as trailing start, trailing stop, stop loss, and take profit—available in both real and virtual formats.
Vendor website: https://www.mql5.com/en/market/product/119637
Original price: $1311
ForexEAshop price: $19 (you save 95%)
Key Takeaways:
- Richter EA is a professional market analysis tool with a specialized algorithm that assesses price movements and incorporates reliable risk management capabilities.
- It is designed to perform effectively with a capital starting at $1,000, but optimal results are recommended with a capital base of $3,000 or more, and it offers features such as trailing start, trailing stop, stop loss, and take profit.
- The EA operates on currency pairs including EURUSD, AUDCAD, GBPUSD, and others, with a recommended time frame of H1 and automated trading at 100%.
Richter EA Setting / Feature
- Used on platform: Meta Trader 4.
- Currency pairs: EURUSD, AUDCAD, AUDNZD, CADJPY, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY.
- Time frame: H1.
- EA trading automated 100%.
- Recommend use leverage 1:100.
- Minimum deposit: 1000$.
- Recommend use VPS (Click see here).
Richter EA Review
To grasp how the bot operates, it’s essential to thoroughly review its parameters. A comprehensive description of these parameters is crucial for understanding the expert’s functionality. This insight enables users to evaluate whether the bot aligns with their trading style and broker preferences. The basic settings are designed to establish optimal conditions for effective performance. Additionally, the money management options provide two choices: using a fixed lot size or calculating the lot based on the deposit amount, which is vital for refining the entry algorithm.
How to install and run the Richter EA Trading Bot in Metatrader 4?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the Richter v2.1.ex4 file here
- Then close and restart the MT4 platform
- Attach the Expert Advisor to the chart
Now, you are ready to start using the Richter EA v2.1 MT4 Without DLL!
Richter EA Download
Link download Richter EA v2.1 MT4 Without DLL will be sent to your email after purchase.
+ Expert :
- Richter v2.1.ex4
- Unlimited / NoDLL / Build New
- Free 1 Year Updates
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Shopping Guide and Important Information
Please read and agree to the information below before purchasing our products:
Beginner traders should research and learn about trading before using any EAs.
Please make sure you understand the risks involved with trading and that past performance is no guarantee for future results. (EA could also make losses).
The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.
Before use, please test the EA on a demo account first.
Happy trading!