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
![CHEETA FX EA](https://mqlshop.com/wp-content/uploads/2024/04/CHEETA-FX-EA.gif)
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 Review](https://mqlshop.com/wp-content/uploads/2024/04/CHEETA-FX-EA-Review.jpg)
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.