Forex trading has historically been a challenging endeavor, demanding both analytical skills and an understanding of market trends. The recent emergence of advanced trading software, such as the Horus EA for MT4, has revolutionized the landscape, offering enhanced safety and efficiency. The following sections delve into this exceptional tool.
The Philosophy Behind Horus EA
The Horus EA draws inspiration from an ancient Egyptian counting system named โEye of Horusโ. This system, which was utilized for tasks such as land measurement and commodity weighing, was intricately connected to the myth of the god Osiris, and it became a sacred pharaonic symbol. The mathematical equations embedded in the Eye of Horus, when combined with the Fibonacci sequence, form the bedrock of Horus EAโs negative progression money management system. This system offers a safety level that is 89% higher than the renowned โMartingale Systemโ.
Technical Aspects of the Horus EA
The technical segment of the Horus EA is dependent on the Moving Average Cloud (MAC) and the Stochastic Oscillator. The MAC Stochastic system operates in two primary ways:
If the Moving Average Cloud (MAC) displays bullish tendencies, the EA executes buying orders when the stochastic oscillator crosses the oversold level from below.
Conversely, if the Moving Average Cloud (MAC) is bearish, the EA initiates selling orders when the stochastic oscillator crosses its overbought level from above.
Key Features of Horus EA
Horus EA is loaded with unique features that make it stand out in the Forex software market. It is designed to initiate a single trade per set. It has a clear stop-loss and take-profit mechanism, which enhances the traderโs control over transactions. The EA also features an automatic magic number and works on any MT4 pair or time-frame, including EURUSD, Gold, Oil, Bitcoin, and more. The software is equipped with a simple setup system, but it still delivers powerful functionality.
Using the Horus EA
Operating the Horus EA is a straightforward process. However, there are a few key parameters to keep in mind. For instance, activating the โCheck Historyโ parameter to TRUE is recommended as the EA uses account history in its algorithm. The โFirst Lot Sizeโ should not be less than the minimum lot size allowed by your broker. The โFirst Take Profitโ is set at 100 points by default, and the โFirst Stop Lossโ at 200 points. The trader can adjust these based on their preferences and the requirements of their broker.
FAQs
Where can I find independent testing of Horus EA? For independent testing of the Horus EA, visit the ForexRoboteasy.com website.
Can I subscribe to updates on the results of testing the Horus EA? Yes, you can subscribe to updates on the test results of the Horus EA on the ForexRoboteasy.com website.
Can I share my experience of using the Horus EA? We encourage users to share their experiences with the Horus EA to benefit the wider trading community.
This Horus EA review is an independent evaluation based on available product information. We aim to provide an impartial perspective, helping traders make informed decisions. Please note that trading always carries risk, and it is crucial to understand the product and market conditions before engaging in Forex trading.
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