- November 13, 2023
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Forex ICT Concepts EA Review
In the fast-paced world of Forex trading, having a reliable indicator can make all the difference. Enter Forex ICT Concepts EA, designed to cater to the needs of traders engaging in the Forex ICT concepts, Smart Money Concepts (SMC), and more. This EA is your key to unlocking the mysteries of the market, offering insights into fair value gaps, market structure, and potential buy/sell liquidity.
Best Brokers List
Forex ICT Concepts EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Forex ICT Concepts EA Settings
1. Fair Value Gaps (FVG)
Identify fair value gaps with precision, allowing you to make informed trading decisions.
2. Market Structure: BOS and CHOCH
Utilizing ZIGZAG, the based indicator use helps you define market structure through BOS (Buy Orders Suppression) and CHOCH (Change of Character High).
3. Forex ICT Concepts EA Windows and Notifications
Receive timely notifications on Forex ICT concepts EA windows and fair value gap occurrences, empowering you to act swiftly.
4. Swing High and Low
Pinpoint potential buy-side and sell-side liquidity by identifying swing highs and lows.
5. Weekly and Daily Highs/Lows
Access crucial information such as the previous and current week's high and low, previous day's high and low, and a back-to-3-week open gap.
6. New York Open Price
Stay ahead of the game by keeping tabs on the New York open price, a key parameter in Forex trading.
Forex ICT Concepts EA: Revolutionizing Forex Trading
Key Features and Performance
The Forex ICT Concepts EA has taken the forex trading world by storm, proving its mettle by successfully passing the Prop Firm Challenge in a remarkable 10 days. This expert advisor managed a substantial $100,000 account with FTMO, a renowned prop firm.
Results with FTMO:
- Equity: $105,205.95
- Average Profit: $1,301.50
- Balance: $105,205.95
- Win Rate: 66.67%
- Profit Factor: 104,120.00
- Sharpe Ratio: 0.94
Trading Objectives and Results
Forex ICT Concepts EA A not only met but exceeded all trading objectives set by the Prop Firm Challenge.
| OBJECTIVE | RESULT | SUMMARY |
|---|---|---|
| Minimum 4 Trading Days | 4 Days | Passed |
| Max Daily Loss | -$966.00 | Passed |
| Max Loss | -$966.00 | Passed |
| Profit Target $5,000 | $5,205.95 | Passed |
Daily Summary
| DATE | TRADES | LOTS | RESULT |
|---|---|---|---|
| 18/8 | 1 | 0.01 | -$0.02 |
| 17/8 | 1 | 0.01 | -$0.03 |
| 16/8 | 2 | 40.00 | $1,958.00 |
| 15/8 | 2 | 40.00 | $3,248.00 |
Advantages
- Trailing Stop: Enhances profit potential while mitigating risk.
- Profitable Strategy: Proven with live results and a high win rate.
- User-Friendly: Ideal for both beginners and experienced traders.
- Robust Risk Management: Maintains low loss percentages.
Conclusion
As you delve into the world of Forex trading, the Forex ICT Concepts EA stands as a valuable tool to enhance your decision-making and trading strategies. Test the EA on the strategy tester, and for any queries or assistance, reach out to Lio—we're committed to your success. Act now, as the current price reflects the early stage of this groundbreaking EA, and prices are set to rise soon.
Download Forex ICT Concepts EA
Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.
