YETTI EA MT4 (Update 22/06) – Free Edition

YETTI EA MT4 REVIEW

YETTI EA  is an automated trading algorithm representing a universal scalper trading on the m1 time frame on a number of selected pairs. The algorithm's profitability depends on the settings you choose. The average profitability on the optimal set is 12-25% per month, on the conservative set 5-15%, on the aggressive set from 30 to 150% per month.

If you need help during the installation process, write to the online chat. This is a replicated version of the original robot with no account linkage. There is no technical support from the developer for it.

Technical Specifications

Version: 3.03
Year of issue: 2024
Working pairs: EURUSD, GBPUSD, AUDUSD, USDCHF, or XAUUSD, XAGUSD
Recommended timeframe: M1 Timeframe. (Work on any TimeFrame)
Minimum Deposit: $500
Average of account: 1:30 To 1:1000

Best Brokers List

Currency Strength Indicator 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

Best Brokers List

YETTI 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

YETTI EA Settings 

• Trading is carried out mainly on the EURUSD pair;
• The Trailing-STOP system is built-in, which can increase risks but also multiply the profitability;
• It is possible to set up a dynamic step to increase the EA's survivability during a protracted trend;
• Huge functionality and a variety of protective parameters (news filter, partial hedging of positions, etc.) will allow you to customize the algorithm for any type of trading;
• Customizable locker with the ability to select the percentage of locking;
• It has many filters for entering positions and several options for tracking and closing orders.
• Light, maximally friendly interface with display of spread, TP lines, and trawl inclusion lines. The buttons on the panel make it easy to navigate and control intense moments.
• Yetti has built-in protection and position recalculation functions, which protects the EA from a set of unnecessary orders and a failure of the main grid building cycle during terminal reboots, VPS, long absence of connection between VPS and the server, prohibition of opening order by the broker, and so on.

1. Trading is carried out on a cent account with the ability to open a lot of 0.01
2. Pro-Cent accounts with five digits are suitable for trading.

Yetti Ea Myfxbook

Overall Performance

• The track record shows a gain of +95.52%. This is a significant gain, but it's important to consider the timeframe and risk involved.
• The drawdown is 51.09%. This is a high drawdown, which means the account lost more than half of its value at one point. Drawdown is a normal part of forex trading, but a drawdown this large suggests the EA may be using a risky strategy.

Other Stats

• The daily gain is 0.42%. This is a relatively small daily gain, especially considering the high drawdown.
• The monthly gain is 13.42%. This is a more reasonable monthly gain, but it's still important to consider the drawdown.
• The balance is $48,011.11. This suggests the EA has been profitable overall, but again, the high drawdown is a concern.

Red Flags

• Unrealistic Gains: It's important to be skeptical of any EA that promises unrealistic gains. The forex market is volatile, and there is no guaranteed way to make money.
• Lack of Backtesting: There is no mention of backtesting in the image. Backtesting is a process of testing an EA on historical data to see how it would have performed. Without backtesting, it's difficult to know if the EA is profitable or if it has just been lucky in the recent past.
• High Drawdown: The high drawdown suggests that the EA may be using a risky strategy. This type of strategy could lead to large losses in the future.

Download YETTI 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.

Disclaimer Trading Forex carries a high level of risk, and it is important to perform thorough research and seek professional advice before engaging in any trading activity