PS Tsunami EA MT5

Overview of PS Tsunami EA MT5

• PS Tsunami EA MT5 is an Expert Advisor (EA) designed for MetaTrader 5, focusing on automated trading strategies in the Forex market.
• This EA has gained a reputation for being simple and user-friendly, making it suitable for both novice and experienced traders.
• Current price is set at 399, with a high satisfaction rating of 5.0 from 12 reviews, reflecting its effectiveness and reliability.

Trading Strategy

• The EA does not rely on martingale strategies or over-optimization, ensuring that trades are executed based on sound trading principles.
• It utilizes a smooth grid strategy, allowing traders to manage risks effectively without doubling lots at each step.
• PS Tsunami EA works with several currency pairs, including AUDUSD, EURAUD, EURGBP, EURUSD, GBPUSD, and USDCAD, maximizing trading opportunities within a single chart.

Key Features

• Built-in systems for closing trades when a specific drawdown (DD) level is reached, enhancing risk management.
• Integration of anti-negative closing systems through Swaps and StopOut functionalities.
• The EA is set up to work across multiple currencies simultaneously without the need for duplicated trades on different charts.

User Feedback

• User reviews highlight the EA's effectiveness in providing steady asset growth over time. It's noted as a "set and forget" solution for users who manage risks appropriately.
• However, some caution that despite its effectiveness, trading always involves risks, and a solid initial deposit can help mitigate losses during volatile market conditions. 🌊
• One user emphasized that it won't turn traders into instant millionaires but provides steady profits with acceptable risk levels.

Requirements and Recommendations

• Recommended initial deposit: 1000 with a broker offering low spreads, such as IC Markets or RoboForex.
• Utilizing a VPS is mandatory for 24/7 operation of the EA, ensuring that trades are executed without disruption.
• For optimal performance, use the strategy tester with the setting of 'Every tick based on real ticks' for accurate backtesting. 🚀