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Hundred Egg EA
Overview of Hundred Egg EA
- Fully automated trading system designed for extreme reverse situations.
- Integrates several pattern recognition techniques for market analysis.
- Equipped with special market filters to protect capital.
- Targets currency pairs: AUDCAD, AUDNZD, and NZDCAD, focusing on correlation arbitrage opportunities.
- Affordable access with a starting balance as low as USD 300. 💰
Key Features
- Supports both Crazy Mode and Aggressive Mode for diverse trading styles.
- Low entry barrier: Effective trading with minimal initial investment.
- Utilizes a spread filter to optimize trade execution.
- Includes a news filter to avoid trading during high-impact news events.
- Simple setup process, making it user-friendly even for beginners. ⚙️
Performance and Requirements
- Recommended timeframe for trading is M15.
- Expected monthly profit rate: > 7% based on historical data.
- Minimum recommended balance for Crazy Mode: USD 500, leveraging at 1:500.
- Designed to handle multiple currency pairs effectively.
- Backtested results indicate strong performance under recommended settings.
User Feedback and Criticism
- Some users highlight the importance of understanding risk management when using this EA.
- Positive reviews emphasize its profitability and ease of use.
- Criticism includes sensitivity to market conditions, similar to other scalping systems.
- General sentiment is that while profitable, continuous monitoring is advised. 😅
Setup and Configuration
- Install by attaching to a chart in MetaTrader 4 or 5.
- Advisable to use separate charts for separate pairs for optimized performance.
- Allow web requests for market filter functionalities to operate effectively.
- Parameter settings can be adjusted for customized trading strategies.
- Always backtest settings before live trading to ensure the best setup.
As we crack open the mystery of the Hundred Egg EA, we find a trading system claiming to be a golden goose in the Forex market. But is it really laying profitable eggs or just a bunch of shells? Let’s navigate through the hype, unravel its strategies, and witness if this EA tru ...
Release Date: 22/08/2022