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Forex trading has been revolutionized by the advent of automated trading software. One such innovative product in the market is the Sleep Walker EA MT5, a multi-currency expert advisor designed to optimize night trades. This software is developed on a robust scalping strategy and a strong trade management system, ensuring efficient trading in the currency markets.
Trading Strategy of Sleep Walker EA MT5
The Sleep Walker EA MT5 operates on a unique strategy, focusing on two currency pairs: GBPUSD & EURUSD. The software employs pending orders, which are initiated at specific times when the scalping strategy probability is at its peak. These orders come with a proper Stop Loss and Hidden Profit Booking mechanism, ensuring maximum profitability.
The expert advisor uses a combination of linked numbers and settings to identify highly probable entry points, which are then executed as pending orders. It is important to note that this software is optimized for the M5 or 5-minute time frame, and using it on any other time frame may not yield the best performance.
Optimization and Performance
The Sleep Walker EA MT5 has been meticulously optimized for real account trading on the MT5 platform. This optimization is based on real tick data to mirror the most authentic market conditions. The software has been individually optimized for each currency pair to ensure the highest possible returns.
One of the standout features of this software is its low drawdown and smooth, profitable growth curve. It steers clear of dangerous strategies like Martingale and Grid, making it a safe choice for traders. Independent testing of this product can be observed on the forexroboteasy.com website, where users can also subscribe to updates on the product’s testing results.
Recommendations and Usage
For optimal results, it is recommended to use SET FILES for settings. The software provides a MM_PositionSizing feature, which allows traders to adjust the desired lot size. If the software is being used on all five pairs, the MM_PositionSizing should not be set below 5000. For 1-2 pairs, it should not be set below 3000.
It is also advisable to use brokers with the lowest spread and allow hedging. This would further enhance the performance of the Sleep Walker EA MT5.
Continuous Updates
Markets are dynamic, and trading strategies need to adapt to these changes. The developers of Sleep Walker EA MT5 understand this and regularly update and optimize the software according to the latest market conditions. This ensures that the software remains profitable and reliable, providing consistent monthly growth.
FAQ
Q: What is the trading strategy of Sleep Walker EA MT5?
A: The software operates on a scalping strategy, focusing on two currency pairs: GBPUSD & EURUSD. It uses pending orders with proper Stop Loss and Hidden Profit Booking mechanism.
Q: How is the Sleep Walker EA MT5 optimized?
A: The software has been optimized for real account trading on the MT5 platform, based on real tick data. It has been individually optimized for each currency pair.
Q: What is the recommended usage of the Sleep Walker EA MT5?
A: It is recommended to use SET FILES for settings and adjust the MM_PositionSizing feature for the desired lot size. It is also advisable to use brokers with the lowest spread and allow hedging.
We invite readers to share their experiences of using the Sleep Walker EA MT5 in the comments section below. This independent review aims to provide a comprehensive overview of the product and its features.
forexroboteasy.com
1 review
The level of precision and accuracy in the trades executed by this EA is impressive. It has not only enhanced my trading strategy but also significantly improved my profit margins. The consistency of the profits I have been making using this EA is commendable. It has brought a certain level of stability and predictability to my trading which was previously lacking. What I also found remarkable was the level of customer service provided. When I needed some guidance with the EA, I reached out for support and I was pleasantly surprised by the promptness of the response. The assistance provided was not only swift but also very helpful, making the whole process seamless and stress-free. Currently, I am exploring other indicators and experts from the same creator. If they are anything like the 'Sleep Walker EA MT5', I am confident that they will be equally beneficial to my trading strategy. The anticipation of discovering more tools that could potentially enhance my trading experience is exhilarating. In conclusion, the 'Sleep Walker EA MT5' Forex software has been a valuable addition to my trading toolkit. It's not just about the profits, but also about the consistency and the peace of mind it brings. I am excited about the future prospects and the potential growth that this EA promises. I would highly recommend this software to anyone looking to take their trading to the next level."