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SFire Gold EA

1 000 USD

Demo downloaded: 19

Published: 7 April 2025

Current version: 4.0

SFire Gold EA

Name: SFire Gold EA
Price: 1000.00 USD
Author: Jacques Scholtz Fourie

Experts
Jacques Scholtz Fourie
Jacques Scholtz Fourie
South Africa

245
1 comment
Version: 4.0
Updated: 17 April 2025
Activations: 5

This EA is a grid-based trading system. It incorporates several advanced features to manage trades dynamically and adapt to market conditions. Here's a summary of its functionality:

I am happy to provide my settings file. Recomendation would be to run on a 20 000 cent account.

Key Features:

1. Grid Trading Strategy:

- The EA uses a grid-based approach to open buy and sell trades at predefined price intervals.

- It dynamically adjusts the grid levels based on market conditions and risk settings.

2. Dynamic Lot Sizing:

- Lot sizes are calculated based on the account balance and risk level.

- The EA ensures that the lot size respects broker limits (minimum and maximum lot sizes).

- It includes a scaling mechanism (`DYNAMIC_MAX_LOT`) to increase lot sizes as the account balance grows.

3. Risk Management:

- Supports multiple risk levels (Extra Low, Low, Medium, High, Extra High).

- Implements stop-loss, take-profit, trailing stop, and breakeven mechanisms to manage trades effectively.

4. Spike Detection:

- Detects sudden price spikes and executes trades (buy or sell) based on the direction of the spike.

- Prevents repeated trades during spikes using flags.

5. **Grid Recovery:**

- Activates grid recovery mode to manage losing trades and recover losses.

- Limits the number of trades at the maximum lot size to prevent overexposure.

6. Manual Control via Buttons:

- Provides on-chart buttons for manual actions like opening buy/sell trades, adjusting lot sizes, and closing all trades.

7. Profit and Loss Management:

- Tracks and calculates total profit and loss for buy and sell trades.

- Includes overlap logic to close trades when certain profit/loss thresholds are met.

8. Customizable Inputs:

- Allows users to configure various parameters, such as grid step size, lot multipliers, risk levels, and more.

Purpose:

This EA is ideal for traders who want to automate their trading strategy using a grid-based approach. It is particularly suited for markets with high volatility. The dynamic lot sizing and risk management features make it adaptable to different account sizes and trading styles.

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Jannie777 2025.04.10 09:54 #

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Reply from developer Jacques Scholtz Fourie 2025.04.10 09:56 #

Hi Sir. Thank you for this review and for taking the leap of faith to test out the EA. Please send me personal message as well. I'm bussy with an incredible feature to grid manage manual trades as well. If you have any other enquiries please don't hesitate to ask. Appreciate the feedback.