EA Ambrosia

Overview of EA Ambrosia

• EA Ambrosia is a sophisticated trading robot designed for the MetaTrader platform, focusing on executing trades based on established price levels.
• The system identifies key price levels such as CPR zones, Fibonacci levels, Support and Resistance points, and more.
• It utilizes insights from both the Institutional Levels Indicator and the Central Pivot Tool to enhance trade accuracy.

Key Features

• Ability to enter trades based on 26 distinct conditions including:
  • Fibonacci points (0.23, 0.38, 0.5, 0.618, 0.78)
  • Quarter Points (000, 200, 250, 500, 750, 800)
  • Customizable entry options filtering across different timeframes.
• Automatic recalculation of Pivot and Fibonacci levels based on previous days' price action.
• Equipped with features for:
  • Wide Spread & Slippage protection
  • Drawdown Reduction function
  • Equity limits and Alerts
• Compliant with FIFO rules, making it suitable for various trading strategies.

User Experience and Reviews

• EA Ambrosia has garnered positive feedback from users, with an average rating of 5.0 based on several reviews.
• Many users praise its versatility and performance, especially in challenging market conditions. 🌟
• Some reviewers mention exceptional support from the developer, enhancing overall user satisfaction.

Trading Recommendations

• Optimal currency pairs for EA Ambrosia are:
  • No Grid - EURGBP
  • Grid - GBPUSD
• Recommended timeframes:
  • No Grid - 1HR
  • Grid - 15M
• For effective performance, a standard account with a reliable ECN broker is ideal, starting with a minimum of $100 for non-grid settings and $1500 for grid settings. 💰

Conclusion

• EA Ambrosia stands out due to its advanced trading strategy and user-friendly interface. It appeals to traders looking for robust automation in their trading endeavors.
• Its ability to adapt to new market conditions and extensive customization options makes it a valuable tool for many traders. 🤖