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Overview
As the world of Forex trading continues to evolve, the demand for efficient and reliable trading software has become a necessity. One such tool that has recently caught the attention of both beginners and professional traders alike is the “Small to Big EA MT5”. This trading software is not only potent but also user-friendly, making it a desirable choice for many.
Product Features and Usability
The Small to Big EA MT5 is designed to be a fully automatic trading tool, eliminating the need for set files. This feature makes it suitable for both novice and seasoned traders, as it requires minimal manual intervention. It is designed to work perfectly with small as well as big accounts, offering a flexible approach to Forex trading.
One of its key features is its ability to trade with the trend, using filters and price action across four timeframes. This dynamic approach allows it to adapt to market changes and execute trades based on the current market situation.
Dynamic Take Profit and Grid System
The Small to Big EA MT5 uses a dynamic take profit system where the Take Profit (TP) varies with exposure and volatility. This feature allows the tool to adjust its trading strategy based on market conditions, thereby potentially maximizing profits.
Additionally, it employs a dynamic grid system where the grid order distance will vary depending on the number of trades and volatility. This flexible approach to grid trading allows the software to adapt to different market scenarios, thus increasing its efficiency.
Supported Currency Pairs and Timeframe
The software supports AUDCAD, AUDNZD, and NZDCAD currency pairs. However, it is worth noting that while some users have used it on other pairs, this is generally considered more risky. As for the timeframe, the recommended setting is H1.
Requirements and Performance
The Small to Big EA MT5 works on all account types, but ECN accounts are considered a better choice. The EA is not sensitive to spread or slippage, and it requires a leverage of 1:100 to 1:500. The minimum balance required to use this tool varies depending on the trading approach: $1000 for a normal approach and $500 for a more aggressive one.
FAQs
What is the launch price of the Small to Big EA MT5?
The launch price of the Small to Big EA MT5 is $497. However, the price is expected to increase gradually to $800 to limit the number of users.
How does the Small to Big EA MT5 manage trades?
The Small to Big EA MT5 manages trades automatically. If the “Continuous Initial Trade” is set to “true”, the EA will continue to trade. If it’s set to “false”, the EA will manage open trades until closing and then will not open any other trades.
Can I watch independent testing of this product?
Yes, independent testing of the Small to Big EA MT5 can be viewed on the forexroboteasy.com website. Users can also subscribe to updates on the testing results of this product.
We invite all users to share their experiences of using the Small to Big EA MT5. Your feedback will be invaluable to other traders considering this tool for their Forex trading needs. Remember, this review is independent and unbiased, aimed at providing a comprehensive examination of the product.
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