SpaceX Prop EA Devil Version V1.0
The SpaceX Prop EA Devil Version V1.0 is a Forex Expert Advisor (EA) designed to optimize trading performance using a combination of strategies. Below, I’ll provide details on the minimum deposit, recommended time frame, currency pairs, and the EA’s strategy.
Key Features:
- Risk Management:
- The SpaceX Prop EA prioritizes prudent risk management. It aims to maintain a maximum drawdown cap of 3% (according to the author/developer), safeguarding traders’ investments.
- Exit settings are recommended at 3% or 4% to control risk exposure.
- Strategy Utilization:
- The EA combines various strategies, including:
- Elliott Wave Patterns
- Fibonacci Tools
- Custom Exit Configurations
- These strategies work together to optimize performance in dynamic trading environments.
- The EA combines various strategies, including:
- Currency Pairs and Time Frame:
- Recommended Currency Pairs: GBPUSD, EURNZD, and EURAUD.
- Optimal Time Frame: Utilize a 1-minute time frame on the MetaTrader 4 (MT4) platform for best results.
- Auto Trading and Timeframe Stability:
- Ensure that the Auto Trading option is enabled on your MT4 platform for seamless operation.
- Avoid switching timeframes post-launch to maintain EA effectiveness.
- Continuous Operation and Connectivity:
- Keep the EA online continuously for optimal performance.
- Consider using a Virtual Private Server (VPS) or maintaining consistent PC connectivity for reliability.
- Trading Parameters:
- Leverage: Leverage above 1:20 is recommended to maximize trading opportunities.
- Minimum Deposit: A minimum deposit of $200 is advised for effective trading.
- Lot Size: Set the lot size to 0.10 or 0.15 per $100,000 traded for balanced risk management.
- Broker Compatibility and Recommended Platforms:
- The EA seamlessly integrates with all Prop Firm companies and brokers.
- Specifically recommends FTMO and Surge Trader as suitable platforms for optimal performance.
Download and Telegram Link:
You can download the SpaceX Prop EA Devil Version V1.0 from our website: YoForexEA. Additionally, join our Telegram group for updates and discussions: YoForexRobot Telegram.
Feel free to reach out if you have any further questions or need additional information! 🚀📈
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