EA Long Term MT5

In the ever-evolving landscape of Forex trading, EA Long Term MT5 has emerged as a reliable trading advisor that makes use of a fixed stop loss and shuns the use of grids/averaging. This unique approach is designed not only to increase profitability but also to reduce losses, making it a smart choice for long-term Forex trading.

Trading Strategy: Identifying Market Trends

The EA Long Term MT5 platform functions by identifying overbought and oversold areas of an asset using a range of technical indicators. This enables the advisor to determine precise zones for entering the market and control transactions based on the current trend and market conditions.

An added advantage is the carry-over to no-loss feature. This ensures that if the signal changes, some trades may close before hitting the designated stop loss, which reduces potential losses.

Benefits of Using EA Long Term MT5

This Forex trading advisor ensures smart, automated trading without the use of grid/averaging/martingale. It sets a Stop Loss for each trade, making it suitable for various tasks including passing FTMO and managing prop firm accounts.

The EA Long Term MT5 platform also offers multiple entry points, assisting in determining the most accurate market entry zones. During the maintenance of a position, the advisor can partially close a deal or exit without incurring a loss. This ensures reduced losses and increased profitability in long-term trading.

Pricing and Risk Management

Currently priced at $199, the EA Long Term MT5 offers a cost-effective solution for smart Forex trading. However, the next price will be $299, and the final price will reach $899. Hence, it’s advisable to take advantage of the current price.

In terms of risk management, the platform offers FixedLot trading with a fixed lot, which can be disabled by setting it to 0. Auto_Lot is another feature that increases the lot based on free funds. However, it’s important to use it with adequate risk considering the broker control MaxSpread and allowable slippage.

Recommendations and General Advice

The EA Long Term MT5 platform is recommended for currency pairs like EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, and EURGBP. For other pairs, optimization is recommended, which can be assisted with sets for optimization.

The time frame suggested for trading on this platform is M15. For effective money management, fix. lot 0.01 lot for every $100, with autolot =1 is advised. The recommended deposit is from $100. A fixed stop loss for each trade is set, making it suitable for an ECN broker with a narrow spread.

FAQs

Q: What is the recommended deposit for trading with EA Long Term MT5?
A: A deposit of at least $100 is recommended for trading with EA Long Term MT5.

Q: Does EA Long Term MT5 use grids/averaging?
A: No, EA Long Term MT5 does not use grids/averaging.

Q: Can I trade with multiple currency pairs on EA Long Term MT5?
A: Yes, EA Long Term MT5 supports multiple currency pairs such as EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD, and EURGBP.

For independent testing of EA Long Term MT5, you can visit the website forexroboteasy.com. You can also subscribe to updates on the results of testing this product. We invite readers to share their experience of using this product. Remember, this review is independent, and we encourage you to do your research and due diligence before investing.