Hi Forex Wiki Friends,

FxSanta EA Description:

EA Good Santa is a scalper type automatic trading robot. Its strategy is based on averages and can be quite conservative, even allowing it to adjust its operations to a few trade a week, giving the possibility of operating with small capitals of up to $ 200. In addition to being provided with stop loss, take profit and trailing stop.

It can be used at any time, the operation will be the same. The recommended pairs are EURUSD, USDCHF and USDJPY. Although it can work in any currency pair.

You can configure up to 5 levels of trading to operate with different capitals and currency pairs. Although initially it is recommended to start with a low trading level and a single pair (EURUSD).

GOOD SANTA for MT5 is an automated trading scalping system. All operations are automated — minimum settings. Maximum capacity.

You do not need to reflect on the eternal question of how to set up an Expert Advisor. Run the EA on an account, and it will do the rest.

Recommended trading account:

1. Recommended deposit    LOW RISK   of $ 1,000  with a minimum lot 0.01  3 currency pairs (e.g., EURUSD USDCHF USDJPY)
2. Recommended deposit     MEDIUM RISK  of $ 300  with minimal lot  0.01  on 1 currency pair (e.g., EURUSD)
3. Recommended deposit    HIGH RISK   of $ 100  with minimum lot  0.01  on 1 currency pair (e.g., EURUSD)
4. ECN PRO, Floating Spread, Leverage 1: 300 and above

The Expert Advisor automatically adjusts to a selected currency pair!

You can adjust the level of complexity of the trading strategy "LevelTrade":

1. EASY – fewer trades, less drawdown, more accurate entry.
2. MEDIUM – the golden mean. A reasonable ratio of profitable trades and drawdown.
3. HARD – many trades, risky drawdown, less accurate entry.
4. CRAZY – trade level with a large number of trades in a small time interval with the use of martingale.

Broker Requirement :

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

FxSanta EA Settings:

• Trading strategy – scalping with averaging elements, stop loss, and trailing stop.
• The number of trades per month - depending on your broker's quoting speed: from 10 to 10000.
• Recommended conditions - floating spread.
• Recommended deposit - from 100 USD per 0.01 lots. Recommended - $1000.
• Recommended currency pairs - any. Preferably – flat.
• TF - does not matter.

FAQ

1. Before purchasing, please download the demo version and attach it to a demo or real account with USDJPY. Check the performance capabilities of the system on your broker's server.
2. The EA works not on all brokers! It depends on the speed of quotes in the terminal. You can download the demo version.
3. The EA does not work on accounts with commissions. A commission can eat up the whole profit. The zero spread is prohibited for the system.
4. The EA is tested on a floating spread. The system can work incorrectly on fixed spread!
5. The tester has a fixed spread. So, tester and real trading results may differ.
6. The EA operation is based on spread increase or decrease, as well as quote rate. Therefore, the results may be different at different brokers.
7. The EA uses averaging and stop loss. Averaging triggers in every 50 spreads from the previous position. Stop loss = 250 spreads.
8. This is a scalper EA: trades may be closed within the range of 1 - 8 888 888 888 pips.
9. Recommended deposit: minimum of $100 per 0.01, but we recommend $1,000 per 0.01 lots.
10. While testing the EA on your broker's server, make sure that your deposit can withstand the average annual symbol price movement.
11. Re-invest your funds, withdraw your profits in time, and manage your money.
12. Forex is a risky business. Make sure to learn the basics before you start trading.
13. The EA is fully automated.
14. A small deposit leads to a huge drawdown.
15. Today's profits do not guarantee future ones. Forex is unpredictable.
16. While suffering a loss today, you may make a profit later.

FxSanta EA Results:

Download FxSanta EA :

[+ForexWikiTrading.com]EA GOOD SANTA