Introduction to Crown Prince FX EA for MT4
Crown Prince FX EA, now available on CheaperForex.com, is a fully automated trading tool tailored for the MetaTrader 4 platform. Designed to dominate GBPUSD trading, this EA combines advanced risk management tools, trailing stops, and a flexible order system to deliver outstanding trading results.
Verified through live MyFXBook results and backtested data, Crown Prince FX EA is an exceptional choice for traders looking for steady profits with minimal risk exposure.
Key Features of Crown Prince FX EA
- Advanced Risk Management:
- Features Auto MM Risk Percent and TakeProfitPercent for precise capital protection.
- Stop-loss and take-profit levels ensure trades are always protected.
- Customizable Parameters:
- Users can tailor key inputs like:
- Trailing Stop: Ensures profits are locked in during favorable price moves.
- Max Orders: Limit trade volume for controlled risk.
- Start/End Trading Hours: Define optimal trading sessions for your strategy.
- Users can tailor key inputs like:
- Trailing and Filtering Mechanisms:
- TrailingStop and TrailingStep dynamically adjust stops to secure profits.
- Time Filters (StartHour/EndHour) and other parameters improve trade execution precision.
- Flexible Order Management:
- Supports stop orders and custom order types for greater trade flexibility.
- Delays pending order deletions to manage market volatility.
- Stable and Consistent Performance:
- Demonstrates exceptional performance through rigorous backtesting and live trading.
Performance Overview
Backtest Results for GBPUSD:
- Initial Deposit: $10,000
- Total Net Profit: $20,965.04
- Profit Factor: 4.42 – excellent profitability with low risk.
- Absolute Drawdown: 7.71% – ensuring excellent capital preservation.
- Win Rate: 98.74% of trades were profitable.
- Largest Profit Trade: $394.16 with a consistent average win.
The equity curve shows stable and consistent growth, reflecting the EA’s ability to maintain low drawdowns while compounding profits.
![Crown Prince FX EA Backtest Report for GBPUSD using Control Points Crown Prince FX EA Backtest Report for GBPUSD using Control Points](https://cheaperforex.com/wp-content/uploads/2024/12/Crown-Prince-FX-EA-Backtest-Report-for-GBPUSD-using-Control-Points.png)
Live Performance on MyFXBook:
- Gain: +1,323,533.07%
- Monthly Growth: 114.87%
- Drawdown: 24.46% – manageable relative to growth.
- Profit: $707,271.42
- Highest Balance: $592,109.90
The live performance, verified on MyFXBook using IC Markets with 1:500 leverage, showcases the EA’s real-world profitability and robust execution.
![Crown Prince FX EA Live Performance Signal on MyFXBook using IC Markets Broker Crown Prince FX EA Live Performance Signal on MyFXBook using IC Markets Broker](https://cheaperforex.com/wp-content/uploads/2024/12/Crown-Prince-FX-EA-Live-Performance-Signal-on-MyFXBook-using-IC-Markets-Broker.png)
Detailed Inputs and Customization
The Crown Prince FX EA offers extensive input settings for traders to optimize performance:
- Risk Management:
- Auto MM Risk Percent: Customize percentage risk per trade.
- TakeProfitPercent and Lot Size: Ensure precise control over position sizing and profits.
- Trailing Stop:
- TrailingStop and TrailingStep: Lock in profits and reduce risk dynamically as trades move in your favor.
- Trading Time Filters:
- Start and End hours let you define trading windows for peak market performance.
- Order Controls:
- Stop Orders and Limit Orders: Tailor order types based on market volatility.
- DEL_Pending_viaHours: Controls pending order duration to avoid unnecessary risks.
- Advanced Signal Settings:
- Parameters like Signal Length, Level Buy/Sell Filters, and Close Reversal Signals enhance trade accuracy and exit management.
![Crown Prince FX EA On The Chart with Inputs Visible Crown Prince FX EA On The Chart with Inputs Visible](https://cheaperforex.com/wp-content/uploads/2024/12/Crown-Prince-FX-EA-On-The-Chart-with-Inputs-Visible.png)
On-Chart Analysis
- The EA visually displays dynamic stop-loss, take-profit levels, and trailing stops on the MT4 chart.
- User-friendly inputs make it easy for beginners and advanced traders to configure settings and monitor performance in real-time.
Why Choose Crown Prince FX EA?
- Proven Performance: Verified live results with exceptional growth and controlled drawdown.
- Fully Customizable: Fine-tune settings to match your trading style and risk tolerance.
- Reliable Risk Management: Auto lot sizing and robust trailing stops secure profits and minimize losses.
- Beginner-Friendly: Easy to install and run with optimized default settings.
- Time-Tested Results: Backtested and live performance confirms consistent profitability.
How to Use Crown Prince FX EA
- Installation: Add the EA to your MT4 platform.
- Setup:
- Attach it to your chosen pair on the supplied timeframe.
- Configure parameters based on your preferences or use the default optimized settings.
- Activate Trading: Enable automated trading in MT4.
- Monitor Performance: Use the MyFXBook integration or MT4 statistics for live tracking.
Final Thoughts
The Crown Prince FX EA is a robust, customizable, and proven expert advisor that delivers exceptional trading performance. With verified live results, precise risk management, and adaptability to market conditions, this EA is a must-have for traders looking to maximize profits with minimal effort.
Start trading smarter today with Crown Prince FX EA from CheaperForex.com – your gateway to consistent trading success!
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