Fortis Edge EA MT4 – Free Download

Comprehensive Review of Fortis Edge EA

The Fortis Edge EA has emerged as a sophisticated and robust forex trading tool, leveraging a unique Pending Position Strategy (PPS) combined with a secretive trading algorithm. It integrates advanced techniques involving a custom indicator, trendlines, support and resistance levels (Price Action), and a proprietary trading algorithm. This expert advisor (EA) is designed to offer a high level of performance and stability in the ever-volatile forex market.

Background and Development

Fortis Edge EA stands out in the forex trading community due to the extensive real-money testing and stress testing it has undergone. Unlike many other EAs that are rushed to market, this one has been rigorously evaluated over more than 100 weeks on live accounts to ensure reliability and effectiveness. Additionally, Fortis Edge EA incorporates an anti-piracy mechanism, making it exclusive to only a limited number of users.

The EA has passed various stress tests, simulating real-market conditions, complete with slippage and commission adjustments, using real tick data with 99.9% quality over a span of 22 years. This rigorous approach ensures the EA is prepared to handle the complexities and tricks of the forex trading environment.

Technical Specifications

Version: 1.0
Year of issue: 2024
Working pairs: Any
Recommended timeframe:  ANY
Minimum Deposit: $500 
Average of account:  1:30 to 1:1000

Best Brokers List

Fortis Edge EAcan work  with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

See also  EA Efficiency & Price V6.7 - Free Version

Fortis Edge EA Settings

Key Features

• Pending Position Strategy (PPS): A dynamic system that focuses on positioning trades at optimal market levels.
• Custom Indicator & Price Action: Utilizes proprietary indicators and price action concepts like trendlines and support & resistance.
• Multi-Currency Support: Trade multiple pairs like EURUSD, EURCHF, and EURGBP with settings optimized for H1 timeframes.
• One-Chart Setup: Simplifies trading multiple currencies from a single chart.
• Automated Money Management: Adjusts lot sizes and risk parameters automatically for optimized returns.
• News Filter & Auto GMT: Adapts to market news events and adjusts GMT time settings for accuracy.
• Slippage and Execution Control: Monitors broker execution quality and protects against unfavorable conditions.

Results and Performance

The performance of Fortis Edge EA is impressive, as demonstrated by the backtesting results. Using an initial deposit of $1,000, the EA has reportedly generated over $3.8 million on EURUSD H1 from January 2020 to May 2021. This translates to a staggering net income of $3,801,900, with a drawdown of 28%, showcasing the EA’s potential for significant gains with controlled risk.

Real-time performance tracking further underscores the EA’s effectiveness. An account with an initial deposit of $1,000 has grown remarkably, with over 1,431% growth since 2019. The profit trades stand at 78.1%, while the loss trades are minimized to 21.9%. The maximum drawdown of 54.9% reflects a calculated balance between risk and reward.

Advantages

1. Extensive Backtesting: Fortis Edge EA has been thoroughly tested using real tick data and Monte Carlo simulations, ensuring robustness across different market conditions.
2. Live Trading Verification: Unlike many EAs with only demo or backtest results, this EA boasts verified live trading performance over a substantial duration.
3. Multi-Currency Trading: Users can benefit from diversification by trading multiple currency pairs from one chart setup.
4. Automated Risk Management: The EA manages risks dynamically, making it suitable for both novice and experienced traders.
5. Broker Protection Mechanisms: Features like slippage control and execution monitoring ensure trades are executed favorably.

Disadvantages

1. High Initial Drawdown: The EA has shown a maximum drawdown of 54.9%, which may be concerning for traders with lower risk tolerance.
2. Limited Availability: Due to its anti-piracy algorithm and exclusivity, only a few buyers can access the EA, potentially limiting widespread adoption.
3. Complex Strategy: The EA’s reliance on a secretive algorithm and multiple indicators may not appeal to traders who prefer transparency and simplicity.
4. Price: The EA is on the expensive side, reflecting its exclusive nature and rigorous testing, which may be a barrier for some.

Final Thoughts

Fortis Edge EA is a forex trading powerhouse built for those looking to maximize their returns while relying on advanced automation and strategic positioning. The combination of multi-currency support, automated money management, and a protective mechanism against broker manipulation makes it a strong contender in the EA market.

Download Fortis Edge EA

Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.

Risk Disclaimer

Trading forex carries significant risks and may not be suitable for all investors. Past performance does not guarantee future results. The statistics and performance metrics presented are based on historical data and may not represent future performance. Traders should carefully consider their financial situation and risk tolerance before using any automated trading system