FlipSecure EA MT4 – Free Download

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Review of FlipSecure EA: A High-Risk, High-Reward Forex Trading Robot

Introduction FlipSecure EA is an aggressive forex trading robot designed to flip accounts rapidly by leveraging high-risk strategies. It operates on the MetaTrader 4 (MT4) platform, using both scalping and hedging strategies to maximize profits while managing risks effectively. Available through CheaperForex.com, the EA is particularly useful during periods of high volatility such as news releases. FlipSecure EA aims to achieve swift account growth, offering traders a way to potentially double their investment in a short period, but it comes with its risks.

This review explores its key features, working mechanism, core strategies, and the advantages and disadvantages of using FlipSecure EA. It also provides insights into the tool's overall trading methodology, allowing traders to decide if this expert advisor (EA) aligns with their risk appetite and trading objectives.

FlipSecure EA MT4 - Free Download 2

Technical Specifications

Version: 1.0
Year of issue: 2024
Working pairs: Major pairs like EURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD (Gold)
Recommended timeframe: M1 for optimal scalping 
Minimum Deposit: $500
Average of account: 1:30 To 1:1000

Best Brokers List

FlipSecure EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
FlipSecure EA MT4 - Free Download 3Register2007
🇦🇺 Australia
🇨🇾 Cyprus
🇧🇸 The Bahamas
🇸🇿 Seychelles
1:1000$200ASIC, SCB, FSA
FlipSecure EA MT4 - Free Download 4Register2008
🇨🇾 Cyprus
1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
FlipSecure EA MT4 - Free Download 5Register2009
🇧🇿 Belize
1:2000$10FSC
FlipSecure EA MT4 - Free Download 6Register2009
🇧🇿 Belize
1:3000$1IFCS
FlipSecure EA MT4 - Free Download 7Register2009
🇨🇾 Cyprus
🇦🇺 Australia
🇧🇿 Belize
🇦🇪 Emirates
1:1000$5 ASIC, CySEC , IFSC
FlipSecure EA MT4 - Free Download 8Register2010
🇦🇺 Australia
1:500$200FCA , ASIC, DFSA
FlipSecure EA MT4 - Free Download 9Register2011
🇬🇧 England
1:500$25CySEC
FlipSecure EA MT4 - Free Download 10Register2006
🇪🇭 Ireland
1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

FlipSecure EA Settings

FlipSecure EA MT4 - Free Download 11

 

Trading Methodology and How It Works

FlipSecure EA employs a combination of scalping and hedging strategies to deliver precise and fast trades. This allows traders to capture small price movements within a short period, usually between 5 to 15 minutes, and lock in quick profits. Here's a closer look at its core functions:

Scalping Strategy

The EA focuses on small price fluctuations to execute multiple trades in quick succession. The short holding period for trades (often minutes) helps to secure profits and reduce the exposure to market risks. This strategy is particularly suited for traders who prefer frequent trades with smaller gains rather than holding long-term positions.

Hedging Mechanism for Risk Management

One of the standout features of FlipSecure EA is its hedging capability. If a trade moves against your position, the EA opens an opposite position to protect the account balance. This ensures that losses are minimized even in volatile market conditions. The hedging strategy keeps the drawdown low while enabling traders to recover from adverse market movements.

No Martingale, Risk is Limited

Unlike many other EAs that incorporate Martingale, a high-risk strategy involving doubling down on losing trades, FlipSecure EA focuses on steady gains. It avoids exposing traders to excessive risk, making it a more sustainable option for long-term trading.

Core Indicators Used

The tool continuously monitors the market using key indicators like:

  • Moving Averages: To assess the strength of the trend and define entry/exit points.
  • RSI (Relative Strength Index): To gauge overbought or oversold conditions.
  • MACD (Moving Average Convergence Divergence): To confirm trends and potential reversals.

The EA analyzes these indicators to identify trading signals, making it an automated solution for traders who lack the time or expertise to constantly monitor market trends.

Trading Execution Process

  • Entry Points: FlipSecure EA searches for price patterns and indicator signals that suggest promising trading opportunities. For example, an RSI level indicating overbought or oversold conditions could trigger a trade.
  • Trade Execution: The EA then executes trades with pre-set lot sizes and stop-loss levels to manage risk. Using small lot sizes and tight stop losses helps minimize losses and maintain account stability.
  • Trailing Stops and Profit Targets: To lock in gains, the EA uses trailing stops and pre-defined profit targets for each trade. This ensures profits are secured even during sudden market shifts.

FlipSecure EA MT4 - Free Download 12 FlipSecure EA MT4 - Free Download 13

Risk Management Features

  • Enable/Disable Trailing Stop: Traders can activate trailing stops to secure profits as the market moves in their favor.
  • Daily Profit and Loss Limits: FlipSecure EA allows traders to set daily profit and loss limits as a percentage of the initial account balance. This helps in mitigating risks and maintaining control over daily trading exposure.
  • Trading Time Window: The EA supports customization of the trading window. For instance, users can specify trading times to limit activity to more favorable market conditions.

Advantages of FlipSecure EA

  1. Potential for Fast Gains: The EA is ideal for traders looking to grow their accounts quickly, especially during periods of high volatility.
  2. Risk Management Tools: Hedging and small lot sizes reduce the chance of significant losses, and the absence of Martingale makes it less risky than some other aggressive EAs.
  3. Automation: FlipSecure EA allows traders to automate trade execution and risk management, removing the emotional aspect from trading decisions.
  4. Customizable Settings: From lot sizes to trailing stops and trading times, traders can tweak settings to align with their strategies and risk tolerance.

Disadvantages of FlipSecure EA

  1. High-Risk Strategy: Although there are risk management features, the core strategy of this EA is high risk, which may lead to quick drawdowns in unpredictable market conditions.
  2. Limited to High Volatility Markets: The EA is designed to perform best in high-volatility scenarios, meaning it may struggle during calmer market periods, leading to reduced profitability or increased risks.
  3. Not Suitable for Beginners: Traders with little experience may find it challenging to use FlipSecure EA due to its aggressive nature and reliance on market volatility.
  4. Requires Regular Monitoring: While the EA is automated, users may still need to monitor market conditions and adjust settings to ensure optimal performance.

Conclusion

FlipSecure EA is a robust tool designed for experienced traders seeking rapid account growth in high-volatility markets. Its combination of scalping and hedging strategies allows for quick profits while managing risk through small lot sizes, stop losses, and hedging mechanisms. However, its aggressive approach may not be suitable for everyone, especially for risk-averse traders or those new to the forex market.

Download FlipSecure EA

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

21.03 KB

 

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.