Eternal Engine EA Review 2024

Eternal Engine EA Introduction

Eternal Engine EA is an advanced Expert Advisor designed by Wei Tu, a developer from China with two years of experience and a notable reputation in the trading community. Wei Tu is also the author of the well-known EA, Way to Stars EA, which has received positive feedback for its performance. Priced at $599, this EA stands out by integrating multiple indicators and strategies, offering traders a comprehensive and automated trading solution. It caters to both beginners and experienced traders, promising a low drawdown and robust performance in real market conditions.

Eternal Engine EA Features

• Suitable currency pairs: GBPUSD, EURUSD, AUDCAD, AUDNZD
• Load timeframe: Any
• All-day trading
• Customizable grid distance and volume multiplier
• Customizable number of symbols allowed to trade simultaneously
• Customizable drawdown range allowed for trading
• Multiple means to control risk
• Not sensitive to spread, suitable for various platforms
• Suitable for accounts with small capital

Eternal Engine EA Backtest & Trading Results

Backtest Results:

• Total Profit: $548,165.55
• Drawdown: 20.4%
• Winning Percentage: 71.37%
• Profit Factor: 3.17

Live Signal:

• Growth: 92.53%
• Profit: $233.17
• Equity: $333.05
• Balance: $333.28
• Initial Deposit: $1,000.11
• Withdrawals: $2,200.00
• Deposits: $1,300.00

Eternal Engine EA User Reviews

Michael: “Just steady profit.”

Alex: “The best one.”

SummerX2: “Since running Eternal Engine, every day has been profitable. At present, it has not even experienced much floating losses, generally one or two positions. That’s great, Wei.”

Eternal Engine EA Pros and Cons

Advantages of the EA

• Comprehensive Automation: The EA integrates multiple indicators and strategies for a thorough trading approach.
• Low Drawdown: Demonstrated low drawdown in real market conditions, enhancing reliability.
• Customizable Settings: Offers flexibility with customizable grid distance, volume multiplier, and drawdown range.
• Versatile Trading: Suitable for various currency pairs and platforms, making it a versatile choice for different traders.
• User-Friendly: Designed to be beneficial for both beginners and experienced traders.
• Robust Backtest Results: Impressive backtest results with significant total profit and high winning percentage.
• Eternal Engine EA free download for backtest on mql5.com

Disadvantages or Limitations of the EA

• Price: At $599, it may be considered expensive for some traders.
• Experience Required: While suitable for beginners, optimal utilization may require some trading knowledge.
• Market Conditions: Performance may vary based on market conditions, requiring regular monitoring and adjustments.

Conclusion

Eternal Engine EA by Wei Tu is a sophisticated and robust trading tool offering a blend of multiple strategies and indicators for comprehensive automated trading. Its impressive backtest results and real-time signal performance make it a reliable choice for traders looking for a low drawdown and customizable EA. However, its price and the necessity for some trading knowledge might be a consideration for potential users. Overall, it strikes a balance between confidence and realistic expectations, providing a professional trading experience.