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MANTA TRY

All Forex Cryptocurriency Stock

What is MANTA TRY?

  • MANTA TRY is a trading robot designed specifically to help traders pass challenges created by prop trading firms.
  • This Expert Advisor (EA) focuses on High Frequency Trading (HFT) and is optimized for use exclusively with specific indices like US30.
  • It works in the initial minutes after the US cash market opens, making it a suitable tool for traders wanting to capitalize on volatility.

    • Key Features of MANTA TRY

  • Automatically increases lot size after achieving a predefined profit.
  • Ceases trading when the profit target or drawdown limit is reached, ensuring risk management.
  • Alerts users if the EA is placed on unsupported accounts, which is particularly useful for inexperienced traders.
  • Compatible with several prop trading firms, although it operates best on US30 within the specified parameters.

    • Supported Trading Firms

  • KortanaFX
  • Nova Funding (MANTA's US30ix)
  • Be Funding (DJIUSD)
  • Currently, it does not support additional firms, but updates may enhance compatibility in the future.

    • Recommended Trading Environment

  • Best used on ECN accounts with notably low spreads to maximize profits. 🌐
  • Optimal latency to the MT5 server should be around 50ms; higher latencies may result in operational inefficiencies.
  • Warning: This EA is unsuitable for live accounts due to potential slippage during its operation.

    • User Experiences

  • The EA has been positively reviewed for its straightforward setup and effective performance during trading challenges.
  • However, users have mentioned the importance of caution and the need for proactive monitoring to manage risks effectively. ⚠️
  • It's essential to utilize a demo environment before deploying it in a live scenario to ensure one's understanding of its functionality.

    • Conclusion

  • Overall, MANTA TRY offers a specialized approach towards passing trading challenges, making it an attractive option for traders venturing into prop trading. 🚀
    • Symbol Price Today Forecast Week Forecast Month Forecast Year Forecast
    MANTATRY
    22.41
    -5.92%
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