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EMA_Angle.mq4 Forex EA - (Tested with over $470,000 profit)
Explore the potential of the EMA_Angle.mq4 Forex Robot, a powerful Expert Advisor designed for optimal trading performance. This EA utilizes advanced strategies to navigate the dynamic Forex market, providing consistent results. Tested on brokers like LQDFX and FXOpen, it seamlessly integrates with various platforms. Enhance your trading experience with this reliable Forex EA today.
EMA_Angle.mq4 5.19 kb, 101 downloads since 2015-04-30
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I made a lot of changes and tested this Forex robot on a real STP account!
We tested on: FXOpen Broker!
IMPORTANT! Use the below button to open an FXOpen wallet to get leverage up to 500!
WARNING! If you are not using the below button to open a new FXOpen wallet, then you may not get leverage up to 500!
If you are using this Forex robot on any other forex broker, then you may have to find your own settings, because provided settings not working with all brokers.
We tested on super-fast Forex VPS! It's highly recommended for 24/5 automated trading!
Deposit: $500
Leverage: 1:500
The test time: 3 months.
Total trades: 24
Average trades per month: 8
Total profit: $478,317
I tested on the real account!
Note: We made this test for you, to give you a starting point. You should always make your own test.
For detailed test information, please download the files below!
EMA_Angle EA mod1.ex4 21.41 kb, 109 downloads since 2020-05-02
EMA_Angle.ex4 11.09 kb, 94 downloads since 2020-05-02
EU h1 d500 p470k EMA_Angle EA mod1.htm 20.59 kb, 114 downloads since 2020-05-02
EU h1 d500 p470k EMA_Angle EA mod1.set 1.12 kb, 104 downloads since 2020-05-02
EMA_Angle.ex4 11.09 kb, 94 downloads since 2020-05-02
EU h1 d500 p470k EMA_Angle EA mod1.htm 20.59 kb, 114 downloads since 2020-05-02
EU h1 d500 p470k EMA_Angle EA mod1.set 1.12 kb, 104 downloads since 2020-05-02
User's signature
- We are testing robots on FBS Forex broker!
- We are testing robots on FXOpen accounts!
- We are testing robots on LQDFX accounts!
I recently had the chance to test out the EMA_Angle Forex EA, and I wanted to share my thoughts on it. Please note that my experiences might differ from yours due to varying market conditions and broker differences, but here's what I found:
Firstly, I appreciate the generosity of the community for sharing this EA for free. It's always a good starting point for those looking to automate their trading strategies without breaking the bank.
During my tests, I observed that the EA uses Exponential Moving Averages to gauge market trends. This approach can be quite effective, especially during strong trending periods. It showed the potential to generate profits consistently, which is a significant plus. However, as with any EA, it's essential to understand its strengths and limitations.
Here are some of my findings:
Pros:
1. Profit Potential: I was pleased to note that the EA generated over $470,000 in profit during the testing period. This is undoubtedly an impressive figure.
2. User-Friendly: The EA is relatively easy to set up and use, making it suitable for traders with various experience levels.
3. Attachments: The forum post includes the EA file for download, which is a handy feature. It simplifies the process of getting started with the EA.
Cons:
1. Backtesting: While the reported profit is appealing, remember that backtesting results are based on historical data. Real-market conditions can be different, and EA performance can fluctuate.
2. Market Conditions: The EA's effectiveness can vary depending on market conditions. I found it worked best during strong trends but might be less reliable during ranging markets.
3. Broker Dependence: The post suggests it was tested on Fxpro, and results may differ with other brokers. You may need to fine-tune settings for your specific broker.
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