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
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. 🚀📈
Are you ready to dive into the world of automated Forex trading with EA Spectr? This multi-currency expert advisor promises long-term profitability by leveraging market patterns, trends, and technical indicators. But does it live up to the hype? Let's dissect its features, compar ...