EA Spectr

Overview of EA Spectr

EA Spectr is an automated professional multi-currency expert advisor designed for long-term profitable trading. It continuously monitors price movements and executes trades based on market patterns, trends, and technical indicators. The EA includes a flexible news filter, high spread protection, and separate time and day trading filters. Each trade is covered by stop loss and take profit levels, ensuring a balanced risk management approach.

Key Features

• Multi-currency trading capability
• Automatic and fixed trading lot options
• Flexible news filter
• High spread protection
• Separate time and day trading filters
• Stop loss and take profit levels for each trade
• No use of grid, martingale, or arbitrage strategies

Trading Recommendations

• Minimum deposit: $200
• Leverage: 1:30 - 1:500
• Recommended timeframe: H1
• Recommended pairs: EURUSD, GBPUSD, USDJPY, USDCAD, USDCHF
• Broker independence, but ECN account is preferable
• Fast VPS recommended for optimal performance

Input Parameters

• FixLot: Fixed trading lot
• AutoLot: Use automatic lot calculation
• Risk: Trading risk percentage
• MainTP: Main take profit in pips
• MinTP: Minimal take profit in pips
• MaxSL: Maximal stop loss in pips
• TrailSL: Trailing stop in pips
• TrailStep: Trailing step in pips
• Breakeven: Breakeven level in pips
• DoubleTrade: Use an additional order
• DoubleOffset: Additional order offset in pips
• DoubleProfit: Take profit of the additional order in pips
• UseSpreadFilter: Use high spread protection
• MaxSpread: Maximum allowable spread in pips
• UseRndFilter: Use filter of round price levels
• RndDeviation: Deviation from round price level in pips
• UseNewsFilter: Use news filter
• DetectLowNews: Detect news of low importance
• PauseBeforeLow: Pause before publication of low importance news
• PauseAfterLow: Pause after publication of low importance news
• LowNewsColor: Display color for low importance news
• DetectMiddleNews: Detect news of medium importance

Advantages

• Advanced market entry filter
• Analyzer of round price levels
• Support for fixed and automatic lots based on money management
• High performance and flexible settings
• Easy to use, just set it on the price chart and let it trade

Usage Tips

• Setup the news filter properly
• Do not overstate trading risk
• For low-risk trading, use a lot of 0.01 per $1000
• For average risk, use a lot of 0.02 - 0.03 per $1000

Conclusion

EA Spectr stands out with its robust set of features designed to ensure long-term profitability and risk management. Its flexibility and comprehensive input parameters make it a versatile tool for both novice and experienced traders. With proper setup and adherence to recommended practices, EA Spectr can be a valuable addition to any trader's arsenal. 🚀📈