CHEETA FX MT4 WITH SETFILE FOR BUILD 1421+

Description

What is CheetaFX EA?

CheetaFX MT4 is a fully optimized and automated Expert Advisor (EA) for trading EURUSD, using a high-frequency approach with fixed and fully configurable Take Profit (TP) levels to earn small, consistent profits in the direction of the trend. The flexibility of the system allows traders of all skill levels to easily adjust the system to their desired objectives and risk thresholds, rendering it a good solution to optimize the aches of trading the forex market.

Vendor website: View here

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CheetaFX EA Features

1. Main features:

• High-Frequency Trading: Places multiple trades within brief intervals to grab tiny but regular market changes.
• Fixed Take Profit: Uses set profit targets for every trade, securing profits upon reaching the predetermined level.
• Trend Following: Enters positions along the current market trend to enhance trade accuracy and profitability.
• Risk Management: Utilizes limit orders and safety measures to reduce possible losses whenever the market turns in the wrong direction.

2. Additional features:

• EURUSD optimized: Created with the intention to deliver maximum effectiveness while trading the EURUSD currency pair.
• Multi-Timeframe Trading: Provides support for the both H1 and M15 timeframes, allowing easy adjustment to various market conditions.

What are the outstanding advantages and trading strategies?

1. CheetaFX EA trading strategy:

• Multiple Position Opening: When a new trend is recognized, the EA will automatically open multiple small positions in the direction of the trend to allow maximum profit potential.
• Fixed Take Profit: Each trade is allocated a predetermined fixed take-profit level, ensuring profits are secured once the target has been reached.
• Limit Order Risk Management: During adverse market movement, limit orders come in handy to limit potential losses.

2. Outstanding advantages:

• Make Quick Profits: With the use of high-frequency trading combined with strategic fixed take-profit levels, the EA gathers small yet consistent profits.
• Proper Risk Management: Built-in limit orders reduce the exposure to losses during periods of market volatility.
• Easy to Use: With a simple interface, the setup and usage of the EA are made easier, and it becomes accessible to traders of all levels.

CheetaFX EA MT4 Reviews

The CheetaFX EA has been independently verified on Myfxbook, which shows the long-term trading capability and provides the trader with a clear and strong image of real results. The live account is capable of consistent performance under a high-risk profile with a highest drawdown of 21.65%.

Recommended settings

Product download package includes

Experts:

CheetaFX_fix.ex4

Presets:

CHEETAFX GoldScalperM15.set

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