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Our team has developed the WANBAO EA, which is actively trading on this account. This EA has a remarkable track - record of generating profits on real accounts since 2020.
Unlike traditional trading methods with restricted time - frames, the WANBAO EA engages in full - time trading. It capitalizes on market opportunities around the clock, regardless of whether it's the bustling Asian session, the dynamic European session, or the active American session.
The trading approach of the EA is moderately conservative. It doesn't just rely on a single session to enter the market. Instead, it uses a set of well - thought - out filters in its trading process. These include filters for unidirectional currencies, maximum drawdown, and the number of open orders. Over the years, this strategy has been thoroughly tested by time and market fluctuations, proving its reliability and effectiveness.
To safeguard your investment, a Stop Loss is set at a drawdown level of 30% of the deposit. This ensures that potential losses are kept within a manageable range.
For those interested in using the EA, here are the recommended parameters. If you're using a 0.01 trading lot, we suggest a deposit inthe range of 1500 - 2000 dollars. The maximum spread should be kept at 4 pips to ensure cost - effective trading. In terms of leverage, a ratio of 1:500 and above is required to fully take advantage of the EA's trading capabilities.
With the EA, you can rest assured that your trading is in the hands of a proven and reliable system that operates 24/7 to pursue profits.
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