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Magic Sand Classic

Overview of Magic Sand Classic

  • Magic Sand Classic is an Expert Advisor (EA) specifically designed for trading on the XAUUSD pair (Gold).
  • The EA operates efficiently without employing averaging, martingale strategies, or grid systems.
  • It allows only one active trade at any time, catering to traders looking for a straightforward and low-risk trading approach.

Key Features

  • Smart entry point filter based on market analysis.
  • Advanced trade control module, ensuring each trade is protected by a stop loss.
  • Flexible news filter that helps avoid trading during high-impact news events.
  • Day and time filters to optimize trade execution.
  • High spread filter to ensure trades are only taken under favorable market conditions.

User Experience and Feedback

  • Most users report satisfaction with Magic Sand Classic, appreciating its ease of setup and reliable performance.
  • Users note significant improvements in their trading results, particularly when using the software in FTMO challenges.
  • Customer service and support for the EA are often highlighted as excellent, enhancing the overall user experience. 😊

Trading Performance

  • The EA is recommended for accounts from a minimum deposit of $100, with suggested trading on the H1 timeframe.
  • Daily and weekly profit limits can be customized to enhance risk management.
  • Real-time results showcase stable performance, but users note that the profitability may depend on market conditions and strategy settings.
  • Some reviews mention that while it is safe and effective, the profit might come at a slower rate compared to more aggressive strategies. 😅

Practical Setup

  • To start using Magic Sand Classic, users need to download the appropriate settings and connect to a recommended low-spread ECN account.
  • Initial settings should be tailored according to personal risk preferences, including lot size and risk management parameters.
  • A proactive approach in joining community discussions enhances the trading experience, offering insights and shared strategies among users. 🌟

Magic Sand Classic, an EA that promises to sprinkle some magic on your trading account, claims to simplify Forex trading. But can it deliver, or is it just another mirage in the desert of trading systems? With its vast array of features, it may sound like a dream come true, but h ...

Release Date: 09/08/2023