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• Create Date 28/04/2024
• Last Updated 15/10/2024

Pinnacle Forex Trend Following RoBot

Pinnacle is a trend-following EA specifically designed for forex trading. It is tailored for the EUR/USD currency pair on the M1 timeframe, focusing on capitalizing on market movements primarily during the Asian and European trading sessions.

Pinnacle sets itself apart by conducting market analysis without relying on traditional or potentially outdated indicators and patterns. Instead, it adopts the following approach:

• Market Analysis: The robot identifies the primary trend in the market, steering clear of obsolete technical indicators.
• Volatility-Based Entries: Utilizing an Average True Range (ATR) filter, it assesses market volatility to determine optimal entry points.
• Trend Prediction: By analyzing specific trend patterns, this EA aims to predict future market movements, thereby enhancing the probability of successful trades.

Features of Pinnacle

• Trend Following Strategy: Pinnacle is built around a trend-following algorithm that identifies and trades in the direction of the prevailing market trend.
• Session Focus: It strategically concentrates its trading activities during the Asian and European sessions, taking advantage of the volatility and liquidity typical of these periods.
• EUR/USD M1 Compatibility: Optimized for the EUR/USD pair on a one-minute chart, it is designed to capture short-term market movements.
• FIFO Compliance: When appropriately configured, this trend-following EA adheres to the “First In, First Out” (FIFO) trading regulations, essential for traders operating within specific regulatory frameworks.

Recommendations

• Minimum account balance of 1000$.
• Works best on EURUSD. (Work on any pair)
• It works best on the M1 time frame. (Work on any time frame)
• This Trend Following EA should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable

• The Orbit Rage Final EA should run continuously to achieve consistent results. As a result, we recommend that you run this free forex EA on a VPS (Reliable and Trusted FOREX VPS).– FXVM)
• A low spread ECN account is also advised (Find the Best Broker for You).Here)

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