ET9 for MT4

Overview of ET9 for MT4

• ET9 for MT4 is a robust automated trading program designed specifically for trading gold (XAUUSD) and GBPUSD.
• It incorporates a unique 9-in-1 trading strategy, which includes both classic trend strategies and breakout strategies (ET1-ET9).
• This system is built to provide stability in account growth with a solid risk management framework.

Key Features

• No grid or martingale systems are used; every action is conducted with predefined take-profit and stop-loss settings.
• Orders are typically held for several hours, allowing for more strategic trading rather than mere scalping.
• All nine strategies are designed to work in tandem, ensuring a stable growth curve in account balances over time.
• Only common strategies used by professional traders, focusing on trend trading and daily breakouts, are employed.

Performance and Testing

• ET9 shows impressive backtest results, which its creators claim closely match live trading outcomes, ensuring reliability.
• For optimal results, users are encouraged to use ECN brokers with spreads below 25.
• It operates effectively across all timeframes for both XAUUSD and GBPUSD, providing flexibility for various trading styles.
• The backtesting process may require patience, as it is recommended to utilize visual mode to observe the strategy's efficacy in action.

Risk Management

• ET9 includes multiple risk levels (1.0 to 4.0) allowing users to select the level of risk they are comfortable with.
• Advanced features such as Profit Protector help secure gains during market fluctuations.
• Dynamic lot sizing is available, adjusting according to market movements and risk parameters set by the user.

User Recommendations

• A minimum deposit of 1000 USD is suggested to ensure smooth operation within the desired risk parameters.
• Utilizing a low-latency VPS (Virtual Private Server) is recommended to enhance execution speeds and stability.
• New users are guided and trained on how to efficiently set up and operate the EA, making it user-friendly even for beginners.
• Staying engaged with the updates and modifications continuously released by the creator can enhance performance and adaptability.

Community Feedback

• The overall reception from users has been positive, with many praising the system for its steady performance.
• Users appreciate the transparency in the trading strategy and the encouragement to manage risk appropriately.
• Some users have commented on the necessity to adjust settings based on their individual broker's features and behaviors.

Conclusion: The Future of ET9

• As a well-rounded EA, ET9 is set to remain a key choice for traders focusing on gold and GBPUSD, promising continuous updates to adapt to market changes.
• Overall, ET9 stands out due to its comprehensive trading strategies and proven backtesting performance, making it a viable option for both new and seasoned traders alike. 🤖💰