Smile Eagle Mart EA
The Smile Eagle Mart EA works in automatic mode around the clock. It is characterized by the minimum number of input parameters, does not require adjustments and optimization. The EA analyzes the behavior of the price over the last month, and uses that data to calculate and set the TakeProfit and StopLoss values to each trade directly. The EA features a trading strategy based on Martingale with a factor of 2. When trading with the lot of 0.1, the minimum initial deposit starts from $5000.
Testing on different pairs showed that the EA gets a low drawdown, high percentage of profitable deals and stable good results over a prolonged time interval.
The EA does not use grid and hedging. Suitable for trading instruments with three and five decimal places. The EA does not use pending orders. The recommended timeframe is M30.
- Ready to go without any particular setup.
- Works on any currency pair, preferably with low spread.
- No standard indicators.
- TakeProfit and StopLoss are calculated by the EA for each trade based on the market conditions.
- It works best on the M30 timeframe.
- Minimum initial deposit starts from $5000 at Lots=0.1.
- Does not trade if spread exceeds 20 points.
- No grid.
- No hedging.
- Easy to use, no complicated settings.
- Low drawdown.
- Supports any execution type.
- Works with Standard and ECN accounts.
- Magic - unique ID of the EA's orders. If the EA runs on multiple currency pairs, it is necessary to set a separate value for each pair.
- Lots - initial lot value. A suitable value is 0.1 at a deposit from $5000.
- Slippage - slippage in pips. Recommended values are 0 to 3.
- Symbols: any Forex.
- Timeframe: M30.