South East EA V3 is an absolute game-changer in the world of Forex trading! This expert advisor (EA) is designed with cutting-edge features that make it a must-have for both seasoned and novice traders. Let’s delve into the amazing functionalities of South East EA V3.
Virtual Trade Entry
One of the remarkable features of South East EA V3 is its ability to use virtual trade in determining position entry. What sets it apart is that it doesn’t rely on indicators; thus, eliminating the complications of setting up numerous indicators. This is beneficial especially for newcomers as it doesn’t require any complicated settings. Users simply need to upload the setfile which is readily available. The EA supports more than 20 Forex pairs including AUDUSD, EURCAD, and GBPCHF among others, and two setfiles for GOLD and SILVER.
Essential Features
- Martingale System: Yes, it employs a martingale strategy that effectively increases trade sizes following a loss to recover quickly.
- Grid Trading: Yes, it uses a grid strategy to place multiple trades, amplifying the earning potential.
- Virtual Stop Loss and Take Profit: This allows you to manage your trades effectively without alerting the broker.
- Trailing Stops: Yes, maximizing profit by adjusting the stop level as the market moves.
- Drawdown Reduction: Through partial closure, it helps in reducing drawdowns.
- News Filter: Integrated, it prevents the EA from entering positions during high-impact news.
- Money Management: An indispensable feature that helps manage your capital efficiently.
- Smart Multi Symbol Control (SMSC): It controls all charts and manages open positions efficiently during live trades.
- Holiday Control: It ensures that trading is paused during public holidays to avoid unpredictable market movements.
- Virtual Pending Order: This lets you set orders that will initiate once certain conditions are met.
- Account Protection: The EA has a built-in feature that stops trading if the drawdown reaches a certain percentage.
- Time Control: Ensures trading occurs at the most optimal times.
Ease of Setup
South East EA V3 eliminates the hassle of extensive setups. With a range of setfiles and compatibility with different brokers, setting up is as simple as uploading the setfile of your choice. It supports multiple timeframes such as M15, M30, and H1.
Requirements and Recommendations
- It’s crucial to have a VPS with a good internet connection for optimal performance.
- The minimum deposit is $500 (high risk) but a deposit of $2000 (medium risk) is recommended.
- It is compatible with standard accounts with leverage 1:500.
Final Note
Do keep in mind that the live trade results will be very different from the backtest because there are several features that don’t work during the backtest such as global variables and Smart Multi Symbol Control.
With South East EA V3, you are equipped with a powerhouse tool that enhances your trading strategies and maximizes your earning potential. Don’t miss out on this incredible opportunity to elevate your Forex trading experience!
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