Velocity Strike EA MT4 – Free Download

Velocity Strike EA: A Comprehensive Review 

In the fast-paced world of forex trading, where every second counts, traders seek tools that provide quick results with minimal effort. Velocity Strike EA is one such Expert Advisor (EA) tailored for high-frequency trading enthusiasts aiming for weekly profits. This review delves into the features, performance, and potential risks of this tool, providing an unbiased evaluation of its pros and cons.

What is Velocity Strike EA?

Velocity Strike EA is an automated trading system designed for gold trading (XAUUSD) on the M1 timeframe. Unlike traditional EAs that operate throughout the day, Velocity Strike EA focuses its trading activity on a specific 4-hour window. This unique approach ensures a minimum of 90-100 trades per day within a condensed timeframe, optimizing trading performance and results.

Technical Specifications

Version: 6.2
Year of issue: 2024
Working pairs: XAUUSD GOLD
Recommended timeframe: M1
Minimum Deposit: $1000
Average of account:  1:20 To 1:1000

Best Brokers List

Velocity Strike EA can 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

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Velocity Strike EA Settings

Key Features

1. High-Frequency Trading

• Executes 90-100 trades daily within just 4 hours.
• Operates on the M1 timeframe for precise entry and exit points.

2. Ease of Use

• No complex setup or external parameters to adjust.
• Fully automated for plug-and-play functionality.

3. Small Account Compatibility

• Minimum deposit requirement: $100.
• Optimized to work effectively even with small accounts.

4. Strategic Timing

• Automatically identifies optimal trading hours based on the broker's server time.
• Focuses on maximizing performance during these hours.

5. Risk-Reward Balance

• Designed for high returns but involves significant risks.
• Operates with a potential drawdown of up to 40%, aiming to triple initial investments within a week.

Velocity Strike EA : Performance Metrics

Based on the provided statistics:

• Initial Deposit: $100
• Total Net Profit: $236.84
• Profit Factor: 2.90
• Absolute Drawdown: $18.37
• Total Trades: 536

Win-Loss Analysis:

• Long Positions Win Rate: 83.20% (244 trades)
• Short Positions Win Rate: 73.97% (292 trades)
• Profit Trades: 78.17% (419 trades)
• Loss Trades: 21.83% (117 trades)

Drawdown:

• Relative Drawdown: 43.87% ($111.16)
• Maximum Consecutive Losses: 5 ($28.27)

Profit Potential:

• Gross Profit: $361.57
• Expected Payoff: $0.44 per trade
• Maximum Consecutive Wins: 18 ($11.32)

Advantages of Velocity Strike EA

1. High Profit Potential:
   • The EA demonstrates strong profitability, with a profit factor of 2.90, indicating that it generates $2.90 for every dollar lost.
2. Efficient Use of Time:
   • Trades are concentrated in a 4-hour window, freeing up the rest of the day for other activities.
3. Compatibility with Small Accounts:
   • A low minimum deposit of $100 makes it accessible to novice traders.
4. Automation:
   • Fully automated trading eliminates the need for constant monitoring.
5. User-Friendly:
   • No need for parameter adjustments; it’s ready to go out of the box.
6. Low Barrier to Entry:
   • Works on ECN accounts with minimal spread, ideal for high-frequency trading.

Disadvantages of Velocity Strike EA

1. High Risk:
   • A drawdown of up to 40% can be alarming for conservative traders.
   • High-frequency trading inherently carries greater risks.
2. Broker Dependency:
   • Requires an ECN account with ultra-fast execution and minimal spread. It’s incompatible with standard or cent accounts.
3. VPS Requirement:
   • A low-latency VPS is essential to maximize performance, adding to operational costs.
4. Weekly Profit Withdrawal:
   • Traders must withdraw profits weekly to avoid compounding risks.
5. Limited Timeframe:
   • Only trades during a specific 4-hour period, which may limit profit opportunities.

Essential Usage Rules

To get the most out of Velocity Strike EA, adhere to these guidelines:

1. Weekly Evaluation:
   • Regularly backtest or use demo accounts to evaluate the EA’s performance.
2. Profit Withdrawal:
   • Withdraw profits every Friday or once your initial capital doubles.
3. VPS Setup:
   • Use a low-latency VPS to ensure smooth operation.
4. Broker Selection:
   • Only use ECN accounts with minimal spread and fast execution.

Conclusion

Velocity Strike EA is a powerful tool for traders seeking quick, high-frequency profits. Its ability to execute over 90 trades daily in just 4 hours makes it a standout in the forex trading world. However, its high risk and dependency on specific conditions, such as an ECN account and low-latency VPS, make it unsuitable for all traders. Those who understand the risks and have the resources to meet its requirements may find it a valuable addition to their trading arsenal.

Download Velocity Strike 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