EA Wanyen is a sophisticated Forex software that operates based on the ‘Trend Follow’ strategy. As the term suggests, this approach involves tracking and leveraging the market’s trend. The software’s functionality is rooted in the Wanyen indicator, which it utilizes to open orders.

Strategy and Operation

When a trade plunges into the negative, EA Wanyen deploys the Martingale technique, opening another order with an increased lot. This automated forex trading tool offers an automatic control of capital feature, whereby the software calculates stop loss and lot size depending on your deposit. A unique feature of the software is the option to halt trading on Fridays, providing users with increased control over their trading activities.

Recommended Trading Conditions

EA Wanyen performs optimally with a minimum balance of $10 on a cent account or an equivalent standard account for 0.01 lot. The software is most effective when trading on XAUUSD, EURUSD, GBPUSD, AUDUSD, or USDJPY, but can function on any pair. The recommended timeframe for operation is M30, but the software can work on any timeframe.

Key Parameters

EA Wanyen is equipped with multiple parameters to enhance its performance. These include a working timeframe, a lot-sizing method, a fixed or dynamic lot, and a deposit load percentage. The software also comes with a multiplier for subsequent orders, grid step for the distance in points between orders, and a take profit in points. A deviation for signal, volatility filter, and a maximum volume of lot order are also part of this comprehensive Forex software’s features.

Advanced Features

Further enhancing its functionality, EA Wanyen utilizes a spread filter that stops trades when the maximum spread is exceeded. It also comes with a candle size filter, an auto dryer to continue working during non-trading hours or news periods, and a profit lock setting for using a trailing stop or break even. The software also supports daily trade stopping after reaching a target, and an equity stop feature with two types – by a percentage of balance or an amount of money.

Time Filters and News Updates

EA Wanyen also offers a time filter for setting the main trade start and stop times. Moreover, it allows users to decide whether to trade on Thursdays and Fridays, with an option to set specific stop times on these days. The software even incorporates a news filter to halt trading during news time.

Independent Testing

For those interested in seeing the software in action, independent testing of EA Wanyen is available on the forexroboteasy.com website. Users can also subscribe to updates on the testing results of this product.

FAQ

What is the recommended deposit for EA Wanyen?

The recommended deposit for using EA Wanyen is a minimum balance of $10 on a cent account or an equivalent standard account for 0.01 lot.

What are the best currency pairs for EA Wanyen?

EA Wanyen performs best on XAUUSD, EURUSD, GBPUSD, AUDUSD, or USDJPY, but can function on any pair.

Can EA Wanyen work during non-trading hours or news periods?

Yes, EA Wanyen comes with an auto dryer feature that allows it to continue working during non-trading hours or news periods.

We invite all users of EA Wanyen to share their experiences with the software, contributing to a community of knowledge that can help others in their forex trading journey.