CycleMaster EA MT4 – Free Download

Introduction to CycleMaster EA

The CycleMaster EA is an automated forex trading tool designed to follow the trend using a built-in indicator. By adhering to a "Trend Follow" belli, it automatically initiates buy or sell cycles based on trend signals. The EA is particularly suited for traders who want to automate their strategies on popular currency pairs.

In hac recensione, we explore its key features, recommended settings, commoda, and disadvantages to provide a clear, unbiased evaluation of this Expert Advisor (EA).

Technical Specifications

Version: 2.12
Annus proventus: 2024
opus pairs: EURUSD,GBPUSD, EURAUD,AUDJPY,GBPAUD,CADJPY
Suspendisse timeframe: M15
Minimum Deposit: $1000
Mediocris rationis: 1:30 Ad 1:1000

Best Brokers List

CycleMaster EA works with any broker and any type of account, sed commendamus clientes nostros ut unum e summo forex praesidium sectorum existimetur infra enumerantur:

COCIO NAME	TABULAE	Anno Founded	Headquartered	Leverage	Minimum Deposit	Regulans
	Register	2007	Australia Cyprum The Bahamas Seisellenses	1:1000	$200	ASIC, SCB, FSA
	Register	2008	Cyprum	1:illimitatus	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	Belize	1:2000	$10	FSC
	Register	2009	Belize	1:3000	$1	IFCS'
	Register	2009	Cyprum 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	Hibernia	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

CycleMaster EA Settings

Key Features of CycleMaster EA

1. Trend-Post Strategy
   CycleMaster EA works by detecting trends using its built-in indicator. Trades are executed in line with the prevailing market direction, ensuring a "trend-following" accessus.
2. Flexible Settings for Trade Management
   Users can customize various trade parameters to suit their risk profile and strategy preferences. Below are the main settings available:
   • Sortem Type: Choose between a constant lot size, risk-based calculation, or fixed lots per $1,000 of balance.
   • Lot Size: Defines the size of each trade.
   • Trade Buy: Enable or disable buying or selling directions.
   • Max Expande: Ensures trades open/close only when the spread is within an acceptable range.
   • Stop Loss/Take Profit: Set the stop-loss and take-profit levels in pips.
   • Trailing Stop and Trailing Step: Adjust trailing stops to secure profits dynamically as trades move in favor.
   • Max Positionum: Controls the maximum number of positions allowed in a single direction.
   • Distance: Defines the minimum distance between trades.
   • Multum Multiplier: Automatically increases lot size for subsequent trades in the same cycle.
   • Partial Close Settings: Allows reducing drawdown by partially closing profitable trades.
3. Trading Hours Configuration
   Users can configure specific trading hours (Start Hour and End Hour) to align with active forex sessions for better performance.

Recommended Trading Pairs and Time Frame

• Pairs Currency: EURUSD, GBPUSD, EURAUD, AUDJPY, GBPAUD, CADJPY.
• Time Frame: M15 (15-minute chart).
• Minimum Recommended Deposit: $1,000 (or * 1,000 cents for micro accounts).
• Occasus: Default settings are highly optimized for general use.

Advantages of CycleMaster EA

1. Simple and Effective Trend-Following Strategy

By following market trends, CycleMaster EA avoids the common pitfalls of counter-trend trading, making it more reliable in trending markets.

2. High Customization

The EA offers a variety of settings that traders can tweak according to their strategies, risk tolerance, and market conditions.

3. Automated Trade Management

• Automated trailing stops, lucrum accipere, and partial closes help secure profits.
• Max Expande ensures positions are not executed during high-spread conditions, reducing slippage risks.

4. Adaptability

The EA works on major and cross-pairs across different sessions, offering flexibility to target multiple markets.

Disadvantages of CycleMaster EA

1. Dependence on Trending Markets

While the EA performs well in trending markets, it may struggle in ranging or choppy markets where false signals are common.

2. Risk of Overleveraging

If Multum Multiplier or * Max Positionum settings are not configured cautiously, traders may experience high drawdowns in unfavorable conditions.

3. Manual Intervention Might Be Required

In extreme market conditions (e.g., news releases), the EA's performance may require monitoring and manual adjustments to avoid significant losses.

4. High Minimum Deposit

A recommended starting deposit of $1,000 may not be accessible for all traders, especially beginners.

Performance Insights

Profitability

When optimized, CycleMaster EA demonstrates consistent profitability in trending markets. Its trailing stop and take profit settings help lock in profits effectively.

Drawdown Control

Inclusio Partial Close Settings helps to reduce drawdown by closing portions of trades once a predefined order threshold is reached.

Backtesting Proventus

While specific backtests may vary depending on market conditions, historical tests show that CycleMaster EA performs well when default settings are applied to recommended pairs and time frames.

How to Use CycleMaster EA Effectively

1. Choose the Right Market Conditions: Use the EA in trending markets. Avoid deploying it during major news events or volatile periods.
2. Optimize Settings: Adjust Max Expande, Multum Multiplier, et Siste agmen trahentem to align with your account size and risk management plan.
3. Stick to Recommended Pairs and Time Frames: Trade pairs like EURUSD, GBPUSD, and others on the M15 time frame ad meliorem perficientur.
4. Monitor Regularly: Dum EA automated, periodic monitoring ensures it adapts to changing market dynamics.

Final Verdict on CycleMaster EA

The CycleMaster EA is a robust tool for forex traders seeking a reliable trend-following strategy. Its high customization and automation make it an attractive choice for experienced traders.

commoda like automated trade management and dynamic trailing stops give it a performance edge. tamen, traders must be aware of its reliance on trending markets and the risk of overleveraging when not configured properly.

conclusio

For those looking to capitalize on market trends, the CycleMaster EA offers an effective solution with plenty of customization. While it is not a "set-it-and-forget-it" tool, its performance in trending markets makes it a valuable addition to a trader's arsenal. Ensure proper risk management, stick to recommended settings, and monitor performance for the best results.