Description
FX Mastery EA Description
The Forex market is increasingly embracing trading through Expert Advisors (EAs)—software that uses Artificial Intelligence (AI) to automate trading decisions. In many cases, these AI-driven EAs are proving to be more effective than traditional manual trading.
### Fully Optimized
Pre-configured settings are ready for immediate use.
### Fast Trading
Executes numerous short trades, each generating small profits.
### Understanding Drawdown
Drawdown is an inherent part of trading and should not be a cause for alarm. However, making well-informed decisions is key to managing drawdown during unfavorable market conditions.
#### Floating Drawdown Expectations:
– **0.01 per $1,000 (Recommended)**
Expected Floating Drawdown: 2-5%
Recommended Equity Protector: 20-25%
– **0.02 per $1,000 (Medium Risk) – Higher than Recommended**
Expected Floating Drawdown: 3-8%
Recommended Equity Protector: 25-30%
– **0.03 per $1,000 (High Risk) – Aggressive; not recommended unless account size is $3,000 or more**
Expected Floating Drawdown: 6-15%
Recommended Equity Protector: 30%
### Factors Contributing to Unexpected Drawdown
– **News Events**: High volatility during economic announcements can lead to larger-than-expected drawdowns.
– **Low Liquidity**: Trading during periods of low liquidity—such as on bank holidays, between market sessions, or on Fridays—can result in increased drawdown due to limited price movement.
– **Non-Recommended Settings**: Using more aggressive settings or initiating trades at market open on Sundays (before spreads stabilize) may lead to higher-than-expected drawdowns.
### Expert Advisors Now Available to All Traders
Expert Advisors are no longer exclusive to large financial institutions. You can now try one of our EAs on your own Forex account and experience the benefits first hand.
