- January 26, 2024
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Fx Funded EA Review
In the dynamic world of forex trading, staying ahead of the curve requires innovation and adaptability. Fx Funded EA emerges as a game-changer, introducing a revolutionary robot designed specifically to conquer Prop Firm challenges. This groundbreaking product is equipped with cutting-edge features and strategies to ensure success in the competitive forex landscape.
Fx Funded EA: Paving the Way for Intelligent Trading
Fx Funded EA proudly claims the title of the first company globally to develop an intelligent robot tailored for Prop Firm challenges. This robot incorporates advanced risk control mechanisms, making it a standout performer with the ability to navigate challenges in as little as 45 to 60 days, boasting an impressively low risk profile.
Technical Specifications
Version: 1.0
Year of issue: 2023
Working pairs: GBPUSD EURAUD EURNZD GBPCAD
Recommended timeframe: M1
Minimum Deposit: $5000
Average of account: 1:30 To 1:1000
Best Brokers List
Fx Funded EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Key Features
1. Proprietary Firm Compatibility
Fx Funded EA is meticulously crafted to align seamlessly with renowned Prop Firm companies like FTMO and SURGE TRADER. These firms impose no restrictions on trading strategies or robot usage, making them ideal partners for maximizing the potential of Fx Funded EA.
2. Risk Management Excellence
With a commitment to safety, Fx Funded EA sets a maximum drawdown limit of 3%. Even in the worst market scenarios, users can trust that the drawdown will not exceed this threshold. The forced exit feature, configurable at 3% or 4%, further enhances risk management capabilities.
3. Adaptive Strategies
The Fx Funded EA deploys an array of intelligent trading strategies designed for both Prop Firm demo and real accounts. Users can fine-tune their desired profit percentages in the settings, allowing the robot to optimize results for the best outcomes.
Understanding Fx Funded EA Settings
1. Prop Firm Target %
Specify your Prop Firm target percentage to align the robot with your trading goals.
2. Challenge Prop Mode
Activate the Challenge Prop mode for tailored settings designed for Prop Firm challenges.
3. Pass Prop Firm Mode
Enable Pass Prop Firm mode to unleash the full potential of the robot in conquering Prop Firm challenges.
4. Max Drawdown Limit
Customize the maximum drawdown limit, ensuring it aligns with your risk tolerance.
5. Forced Exit Mode %
Choose between 3% or 4% for the forced exit mode, an essential risk management tool.
6. Prop Settings
Fine-tune additional Prop settings to optimize the robot's performance based on your preferences.
The Strategic Arsenal: EA Strategies
- Elliott Triple Combo Wave
- Three Drives Pattern
- XABCD Pattern
- Fib Speed Resistance Fan
- Elliott Double Combo Wave
- Elliot Impulse Wave
Forced Exit: Your Safety Net
The SpaceX Prop EA incorporates a forced exit setting, providing an additional layer of security for your challenges. Optimal settings recommend a forced exit at 3% or 4%, ensuring swift response to adverse market conditions.
Recommended Settings for Maximum Performance
- Currency Pairs: GBPUSD, EURAUD, EURNZD, GBPCAD
- Time Frame: 1 Min on MT4
- Auto Trading: Ensure the Auto Trading option is activated on your MT4.
- Timeframe Consistency: Avoid switching timeframes once the EA is launched.
- VPS Utilization: For optimal performance, keep the EA online using a Virtual Private Server (VPS) or by maintaining your PC's continuous online presence.
- Leverage: Opt for a leverage above 1:20 for enhanced trading capabilities.
- Minimum Deposit: Begin with a minimum deposit of $5,000.
- Lot Size: Set the lot size at 0.10 or 0.15 for every $100,000 to align with risk management principles.
In conclusion
Fx Funded EA introduces a paradigm shift in forex trading by combining intelligence, adaptability, and risk management in an unparalleled package. As the first of its kind, this robot is poised to redefine success in the challenging realm of Prop Firm trading. Embrace the future of forex with Fx Funded EA, your gateway to intelligent and secure trading.
Download Fx Funded 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.