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Eternal Engine EA MT5

Overview of Eternal Engine EA MT5

Eternal Engine EA MT5 is a sophisticated trading robot designed to operate on the MetaTrader 5 platform. This expert advisor (EA) leverages an advanced intelligent algorithm to identify trading opportunities in complex market conditions. The EA is built to adapt quickly to market fluctuations and operates automatically 24/7 without manual intervention.

Key Features

  • Advanced strategy algorithm to identify optimal trading opportunities
  • Supports multi-currency pair trading from a single chart
  • Automated grid trading strategy management with customizable lot multipliers and trade distances
  • Comprehensive risk management settings

Supported Currency Pairs

Lot-Sizing Settings

The EA offers two methods for determining the lot size for each trade:
  • Fixed Lot: A predetermined fixed value for every trade (e.g., 0.01 lot size remains constant for every trade)
  • Auto Lot Based on Balance: Calculated using the formula Lot size = (Account Balance / Base number for fixed lot) * Fixed lot, adjusting the lot size in proportion to the account balance

Grid and Strategy Settings

Grid settings include:
  • Trade distance
  • Trade multiplier
  • Max positions per direction
Strategy settings require:
  • List of currency pairs
  • Maximum number of currency pairs per direction
  • Takeprofits
  • Stoploss
  • No new symbols drawdown percent
  • Drawdown percent close all

Other Settings

Additional settings include:
  • Background theme customization
  • Option to not initiate new trades after closing all

Performance and Reliability

Eternal Engine EA MT5 is backed by extensive backtesting to ensure reliability. It provides set files for easy application of tested configurations, making it a robust tool for traders looking to enhance their trading abilities. With a rating of 5.0 and positive reviews, it stands out as a reliable choice for automated trading.

Minimum Capital Requirement

To operate the Eternal Engine EA MT5 effectively, a minimum capital requirement of $5,000 is recommended. This ensures that the EA can manage trades efficiently and leverage its full potential.

Conclusion

Eternal Engine EA MT5 is a powerful trading robot designed to navigate complex market conditions with ease. Its advanced algorithm, comprehensive risk management settings, and support for multiple currency pairs make it a versatile tool for traders. With its automated grid trading strategy and customizable settings, it offers a robust solution for those looking to optimize their trading performance. 🚀📈

Ready to explore the depths of Eternal Engine EA MT5? This article takes you on a critical journey through its features, user reviews, and performance. Is it the ultimate trading robot or just another overhyped tool? Find out now! Introduction to Eternal Engine EA MT5 🚀 Et ...

Release Date: 28/11/2023