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FOREX Challenger Plus

MT4 EA - FOREX Challenger Plus

This unique automated trading system adopted 3 Layers of difference entry at two different price positions. The pre-defined lot size is actually divided into 3 trades and enters different price positions once the entry condition is fulfilled. If a drawdown occurs, the EA will open an additional position based on the pre-defined strategy, and when the total profit of all orders is greater than a certain value, all orders, including unprofitable ones, are closed. It is not a kind of Martingale trading system, instead is a special 3-entry that built-in more safety elements to cater for volatile market.

TP factor is built-in into the system. However, traders need to define their SL level. Therefore, this EA is equity sensitive and the trader is not allowed open any manual trades in the trading account running the EA. This FOREX Challenger Plus EA is ideal and suitable for every level of trader.

HIGHLIGHTS:

1. This EA is specially tested to be used for major currencies, particularly for EURUSD and GBPUSD.

2. It is a fully automated trading EA, therefore users do not need to input any parameter. After installing the EA, you just need to input the lot size and SL Level you wish to trade (please refer to the Standard Setting Table).

3. The minimum Fund required to run this EA is 200

4. Standard Setting Table: Lot size/SL ($): 0.01/200, 0.02/400, 0.03/600 …………… etc.

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