What is CHEETA FX EA?
CHEETA FX EA is an Expert Advisor (EA) designed for forex traders, particularly catering to beginners. An Expert Advisor is a software capable of performing trading operations automatically based on pre-defined strategies, without human intervention. CHEETA FX EA is built to exploit high-frequency trading strategies, aiming to secure small, quick profits by following hourly trends. When abrupt trend reversals occur, CHEETA FX EA employs a limited series of averaging trades at fixed distances, closing them once a sufficient profit margin is achieved to compensate for the taken risks.
- Vender: https://taurusconsultingfzco.com/products/cheetahfx-1
Key Takeaways:
- Risk Management: Effectively handles sudden market reversals, minimizing potential losses.
- User-Friendly: Designed for traders with minimal experience, making sophisticated trading accessible.
- Consistent Profits: Aims for small, rapid gains, aligning with a secure, steady income strategy.
Key Features:
- Automated High-Frequency Trading: Takes advantage of small price movements with precision.
- Fixed Take Profit Levels: Ensures consistent profit realization without the need for constant monitoring.
- Trend-Following with Safety Net: Follows the hourly trend while preparing for sudden changes, enhancing chances of profitability.
CHEETA FX EA Settings & Recommendations:
- Platform: MT4/MT5
- Currency pairs: Suitable for major pairs
- TimeFrame: H1
- Minimum account balance: €2,000
- Preset: Available
- VPS: Recommended for optimal performance
- Broker: Recommended to use a broker with low spreads and minimal slippage
CHEETA FX EA Review:
CHEETA FX EA performs as expected, offering a beginner-friendly introduction to forex trading with automated strategies. While the system focuses on smaller, consistent gains, users should be aware of the 21.65% drawdown, which implies potential substantial fluctuations in balance. Overall, the EA has proven to manage risks effectively and achieves the target of making trading accessible and profitable for beginners.
CHEETA FX EA MT4 Download:
- Link download expert: CHEETA FX EA MT4 .ex4
- Presets
- DLL
Download link, Installation guide (if any) will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.
Payment:
- Payment Options: PayPal, credit card, USDT TRC20, Binance Pay
Risk Warning:
- Forex trading is highly risky and can lead to the total loss of your investment; use Forex EAs cautiously and they cannot replace your trading decisions.
- Past performance is not a guarantee of future profits.
- Always test EAs on a demo account before applying them to a live account.
Reviews
There are no reviews yet.