Royal Flush FX EA MT4 – Trading with Correlation Method

Royal Flush FX EA Review

Forex trading can be a highly lucrative way to generate income, but it can also be a risky endeavor. As a result, many traders turn to expert advisors, or EAs, to automate their trading strategies and help mitigate risk. One such EA is the Royal Flush FX EA, which uses correlation trading methods to identify potential trading opportunities.

Product Overview

The Royal Flush FX EA is an automated trading system designed for use on the MetaTrader 4 trading platform. It utilizes correlation trading methods, which involve analyzing the relationship between different currency pairs to identify trading opportunities. The EA is capable of trading major currency pairs on multiple timeframes.

Minimum and Recommended Balance

The Royal Flush FX EA requires a minimum balance of $200 to operate. However, it is recommended that traders have a balance of at least $2,500 to fully take advantage of its capabilities.

Leverage and Expected Growth

The recommended leverage for the Royal Flush FX EA is 1/500. The expected growth rate is between 20% to 30% per week, which is a highly impressive rate of return.

Full Auto Trading

The Royal Flush FX EA is a fully automated trading system, which means that traders do not need to manually execute trades. This allows for greater convenience and flexibility, as traders can set up the EA to trade on their behalf.

Best Brokers List 

The broker should have low fees, low swaps, and also a fast server. The Royal Flush FX 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 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  X-Doubler Forex Robot

 Royal Flush FX EA Settings 

The Royal Flush FX EA includes customizable settings and parameters to suit individual trading preferences. These include:

• Correlated Pairs – currency pairs used for correlation analysis.
• Correlation time range – the time range used for correlation analysis.
• Trade timeframe — the timeframe used for trade analysis and execution.
• Minimum correlation — the minimum correlation coefficient required to generate trading signals.
• Maximum spread – the maximum spread allowed to execute trades.
• Maximum Slippage – The maximum slippage allowed to execute a trade.
• Use Stop Loss – whether to use a stop loss order for each trade.
• Stop Loss in pips – the number of pips used for stop loss orders.
• Use Take Profit – whether to use a Take Profit order for each trade.
• Take Profit in Pips – the number of points used for Take Profit orders.
• Lot size – the size of each trade to be executed.
• Max Transactions – The maximum number of transactions to open at any one time.
• Max drawdown – the maximum drawdown allowed before stopping a trade.
• Magic number – a unique identifier that distinguishes a trade from other EAs or manual trades.
• Custom Indicators – any custom indicator used in conjunction with the EA's built-in technical analysis.

Trading Strategy

The Royal Flush FX EA utilizes the correlation trading method, which involves analyzing the relationship between different currency pairs to identify potential trading opportunities. The EA uses technical analysis to determine entry and exit points, and it includes a stop loss order on every trade to help limit potential losses.

One of the key strengths of the Royal Flush FX EA is that it does not use risky trading methods like grids or martingales, which can lead to heavy losses. Instead, it relies on historical correlations between currency pairs to identify trading opportunities.

Potential Weaknesses

One potential weakness of the Royal Flush FX EA is that it relies on historical correlations between currency pairs, which may not always be a reliable indicator of future market movements. Additionally, the EA's performance may be affected by changing market conditions or other external factors.

Risk Management

To manage risk, it is recommended to use the Royal Flush FX EA with a demo account before using it with real money. This can help traders evaluate the EA's performance and determine if it is suitable for their trading style and risk tolerance. Additionally, using a Forex VPS can help ensure optimal performance of EAs by reducing the impact of internet connection and other technical issues.

Royal Flush FX EA Results

Download Royal Flush FX EA :

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