SPARTA EA MT4 represents a program meticulously designed for streamlining trading operations. The primary objective of any automated advisor robot is to streamline decision-making processes, thereby achieving complete automation. This currency trading robot operates autonomously, executing transactions in the FOREX market. Integrated into the trading terminal, it can automatically execute trades based on specified settings. All that’s required is to monitor its functions while generating profits.
Distinguished by a distinctive algorithm, SPARTA EA employs three strategies to initiate profitable positions and implements an averaging method to offset losses from transactions. This advisor operates entirely independently, eliminating the need for human intervention. Its transaction-opening algorithm is crafted to prevent simultaneous opening of transactions in one direction across all three strategies for a single trading instrument (currency pair). This approach maintains a higher margin collateral level and generates profits in the event of downturns. Furthermore, the EA is versatile, supporting multiple currency pairs and configurations.
Recommendations for SPARTA EA:
- A minimum account balance of $100 in a cent account or an equivalent standard account is recommended.
- It is advisable to tailor your risk level and deposit according to your preferences since the EA can potentially double a $100 account within a day or two, although there is a risk of account depletion. This risk can be mitigated by deactivating the EA and closing all trades during volatile market conditions or news events.
- The strategy with this EA emphasizes quick profit accumulation followed by fast withdrawal, aiming to withdraw the initial deposit once it has doubled. This approach has shown significant potential for successful outcomes.
- Exercise caution during volatile market conditions or news events and consider closing trades accordingly.
- For stable and uninterrupted performance, SPARTA EA should operate on a Virtual Private Server (VPS). It is recommended to use a reliable and trustworthy FOREX VPS..
- Using a low spread account is also recommended for optimal performance.
The SPARTA EA offers users both a set of recommended settings and the flexibility to customize their trading according to individual preferences.
- Conservative sets: Configured for cautious trading with a target of 10% monthly profit across 7 currency pairs. Optimized for the M30 and H1 timeframes. Recommended currency pairs: EURUSD, EURJPY, GBPUSD (optional); EURCHF, USDJPY, AUDUSD, NZDUSD, USDCAD
- Standard sets: Designed for relatively conservative trading aiming at profits ranging between 20-40% per month across 7 currency pairs. Optimized for the M30 and H1 timeframes. Recommended currency pairs: EURUSD, EURJPY, GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCAD
- Aggressive sets: Geared towards aggressive trading and higher risk, targeting profits exceeding 50% per month. Operates across 5 currency pairs exclusively on the M1 timeframe. Recommended timeframe: M1 Recommended currency pairs: EURUSD, EURJPY, GBPUSD, NZDUSD, USDCAD