Prop Sickle EA
- Experts
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Michael Prescott Burney
I am a professional trader and Expert Advisor developer focused on building high-performance, risk-driven systems for MetaTrader 5. - Version: 501.7
- Updated: 25 January 2024
Key Features of the Prop Sickle EA:
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Tailored for AUDCAD H1 Market: Expertly designed for the AUDCAD pair, the Prop Sickle EA leverages unique market insights and behaviors, offering traders a specialized tool for this currency pair.
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Diverse Strategy Arsenal: The EA boasts a comprehensive collection of 30 optimized strategies. These strategies have been rigorously tested and refined to ensure they meet the high standards required for successful trading in prop firm environments.
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Prop Firm Account Management Focus: With a keen emphasis on the requirements of prop firm account management, the EA integrates stringent risk control measures and robust trading tactics, aligning with the typical guidelines and expectations of prop trading firms.
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High Adaptability to Market Conditions: Each strategy within the EA has been developed to adapt to various market scenarios, ensuring consistent performance even in volatile and unpredictable market conditions.
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Ready for Immediate Deployment: The Prop Sickle EA is fully configured and ready for trading right after installation, offering a seamless and efficient setup process.
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Testing for Assurance: Although the EA is primed for immediate use, it is highly recommended to conduct thorough testing in a demo environment. This allows traders to familiarize themselves with the EA's functionalities and fine-tune settings to align with individual trading styles and risk preferences.
The Prop Sickle EA is more than just a trading tool; it's a comprehensive solution for traders focusing on prop firm account management. Its extensive range of strategies, combined with its specialization in the AUDCAD market, makes it an invaluable asset for traders looking to navigate the forex market with precision and confidence. As with any trading tool, ensure to test it thoroughly in a simulated environment to confirm its compatibility with your trading objectives and risk management strategies.
I have followed the development of this EA, testing it since its release date, and the results are definitely not as the backtests promised.
Attention should be drawn to the entire profile's structure: All EAs come with beautiful backtests, professional descriptions, and impressive designs to create trust among buyers.
The profile has been active for over 6 months, but during this time, it has failed to keep any EAs live on a demo account.
The responses to negative comments are general and similar. This all seems somewhat compensatory, suggesting that the real issue is with your poor broker and that everything will be fixed with the next update.
The question arises: when releasing an EA, one should be convinced that it actually works in reality, not just make updates monthly with descriptions claiming now everything is a hyper super algo, etc.
In the best case, the developer might overwhelm you with offers of his other EAs, now assuring you of great success and guaranteed income, all with the addition of gifted EAs.
Wouldn't it seem obvious, or even be expected, to fix old EAs before releasing a new one? In the current situation, the developer's problem-solving has only created a bigger snowball effect, with no solution in sight.
Hopefully, I have provided a sufficiently simple and understandable assessment to simplify decisions about purchasing products from this so-called developer; this sales pattern is the same for all EAs.