- This EA will be appreciated by those who prefer technical analysis and calm trading. If we ask any advanced or even novice trader, they will definitely know about such indicator as Moving Average. They say, genius lies in simplicity. The Base Recoin strategy is built based on these indicators. This EA will enable you to make money and boost your capital by using technical analysis, and you will be able to gain experience from the way the EA trades within a short period of time.
- The algorithm of taking trading decisions by the EA is based on the individual situations when after a strong momentum the price shows a short rebound to the closest support or resistance level, and then it continues its movement. Moving averages have proven to be good dynamic support and resistance levels.
- The EA has an additional option – trailing stop. This option can be disabled.