Silent Falcon EA represents a specific approach to automated trading, leveraging mean reversion strategies during the market’s most quiet hours, ensuring a balanced approach to maximizing profits while minimizing risks.
Core Features and Functionality
Silent Falcon EA primary strategy is built on the principle of mean reversion, which implies that asset prices will tend to revert to their average over time. This approach often focuses on identifying price anomalies that, according to statistical models, are likely to correct themselves.
The EA operates with several risk management measures built in. It employs a safety stop loss and take profit level for every trade to define clear exit points, thereby managing potential losses and solidifying gains. Additionally, the use of trailing stop loss provides an adaptable mechanism for locking in profits as market conditions evolve.
A notable aspect of the Silent Falcon EA is its avoidance of risky trading strategies, such as grid or martingale, which can amplify risks and potential losses under unfavorable conditions. Instead, the system aims to trade with a higher degree of conservatism and risk control.
Silent Falcon EA has a variety of internal filters designed to ensure trading activities only occur under favorable conditions. Specifically, these filters prevent trading during periods of large spreads or high market volatility, which can increase risks and reduce the effectiveness of mean reversion strategies.
Please test in a demo account for at least a week first. Then, please familiarize yourself with and understand how this Silent Falcon Robot works and only use it on a real account.
Recommendations for Silent Falcon EA
- Minimum account balance of 200$.
- This EA is a one-chart setup, so it only needs to be attached to one pair. It will trade on all pairs described in the input parameter. Attach the EA to the chart (EURUSD recommended), and in the parameters, set OneChartSetup = true)
- Works best on EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, USDCAD, AUDJPY, EURAUD and AUCAD. (Work on any Pair)
- Work best on M5 TimeFrame. (Work on any TimeFrame)
- The developer advises users to disable the EA during extreme market events, such as US Elections, when unpredictability is at its peak
- The Falcon EA should work on VPS without interruption to reach stable results. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
- Low Spread account is also Recommended (Find the Perfect Broker For You Here)
 | Latency: 0.46 ms 2 Weeks Free Trial 100% Free for 24 Months | Licensed Window Server 2022 |
 | Low Spreads No Commission | Free TradingView Premium* FREE VPS for Traders* |
 | Min Deposit of 50$ |
Download a Collection of Indicators, Courses, and EA for FREE
Open Tools –> Options –> Expert Advisors. Check the option “Allow WebRequests for listed URL” Add the following: “https://www.worldtimeserver.com” and press “OK.” The EA takes news from the specified websites.
Conclusion
The Silent Falcon EA provides a structured approach for traders interested in mean reversion strategies during less turbulent market hours. Its emphasis on safety through stop losses and trailing techniques, combined with its avoidance of high-risk strategies, makes it a moderate option for those seeking automated solutions in forex markets. However, like any trading system, users should remain engaged with market developments and exercise discretion during significant news events.
