Fortune EA

Overview of Fortune EA

• Fortune EA is a sophisticated algorithmic trading tool designed to analyze and track trends within the Forex market.
• It reads price action from multiple timeframes, enabling effective decision-making for strong trend-following and frequent scalping orders.
• The EA operates using a plug-and-play approach, making it accessible even for novice traders. 🎉

Key Features

• Robust trend-following with the ability to manage and close trades dynamically.
• Optional martingale modes and hedge functionality are available.
• The EA includes protections against wide spreads and slippage.
• Equity limits allow the EA to cut trades based on a user-defined percentage of equity or margin drawdown.
• Compliant with FIFO regulations, making it user-friendly for those trading in strict environments.
• Built-in news filter to prevent trading during high-impact events. 📈

Trading Recommendations

• Best performance is observed on major currency pairs like EUR, GBP, AUD, NZD, and USD.
• The EA is optimized for the H1 timeframe with default settings, adjusting according to the timeframe applied.
• It's advisable to operate on a standard account with a minimum of $2000 and leverage of at least 1:300 for optimal results.

User Feedback

• Fortune EA has a commendable rating of 4.71 based on user experiences, with many users praising its performance and reliability.
• Some reviews highlighted bugs in earlier versions, particularly regarding take profit calculations, but subsequent updates have generally resolved these issues.
• Users reported effective risk management and recovery from previous losses, affirming the EA's supportive role in long-term trading success. 😎