Cherry Red FX
- Experts
- Michael Prescott Burney
- Versione: 765.92
- Aggiornato: 3 giugno 2025
- Attivazioni: 20
Cherry Red FX is an expert advisor (EA) designed for trading USDJPY on the H1 chart, integrating advanced algorithmic strategies and dynamic market analysis. It combines optimized trading signals with structured risk management to enhance trade execution and market adaptability.
Engineered for efficiency, Cherry Red FX operates with minimal manual intervention while incorporating data-driven trade execution for stability across varying market conditions. The system is designed to support traders with a structured approach to USDJPY trading, providing automated market engagement with risk control mechanisms.
due to the constraints of the validation process for the system i have limited the exposure to the market by default so the system can pass the validation process for marketplace placement. please refer to the settings below for the best outcomes.
RECOMMENDED INPUTS FOR TESTING AND TRADING AFTER DOWNLOAD OR PURCHASE:
Max Spread: 0 (uses EA's Judgement)
max open positions: 0 (uses EA's Judgement)
max open lots: 0 (use EA's Judgement)
lot type: DYNAMIC_LOT_DOLLARS
input to choose dollar amount per .01 lot size: 1000 (tailor to your risk preference)

This EA from Michael doesn't really convince me at the moment. The ratio of the number of winning trades is not bad, but the loss with just one negative trade is simply too high. I wouldn't recommend the EA at the moment. However, I will continue to test this. If you are interested in my current public demo account, where I also test other EAs from Michael, please write to me. Use Myfxbook for this. I posted a screenshot of this EA and its trades in the comments. I will adjust my rating if anything changes.