The Steady Profit EA is a Forex EA designed to optimize profits while minimizing risks. It stands out by employing a combination of eight indicators and filters, allowing it to trade simultaneously across all 28 currency pairs. Unlike fast scalpers that aim for quick, short-term gains, the Steady Profit EA is built for long-term success, taking a more measured approach to trading.
Key Features of Steady Profit EA
- Diverse Indicator Integration: The Profit EA EA leverages eight different indicators and filters to make informed trading decisions. This multifaceted strategy enhances its ability to identify profitable trading opportunities while minimizing potential losses.
- Broad Market Coverage: Trading on all 28 currency pairs at once, the Steady Profit EA diversifies its trading activities. This broad market coverage reduces the reliance on any single currency pair, spreading risk across a wider range of assets.
- Long-Term Vision: Designed with a long-term perspective, the Steady Profit EA does not engage in high-frequency trading. Instead, it may remain inactive for over a week, patiently waiting for the perfect opportunity to enter the market. This approach ensures that trades are executed under optimal conditions.
- Drawdown Optimization: One of the standout features of the Steady Profit EA is its ability to optimize drawdown. By keeping positions open for several days or even weeks, the EA aims to balance and maximize profits while carefully managing potential drawdowns.
- News Filter: To further enhance its trading strategy, the Steady Profit EA includes a news filter. This feature helps the EA avoid trading during high-impact news events, which can cause significant market volatility and unpredictable price movements.
Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how Steady Profit Robot works, then only use it in a real account.
Recommendations for Steady EA
- Minimum Account Balance of $200.
- This EA is a one-chart setup, so it only needs to be attached to one pair (preferably EURUSD M1 chart). It will trade on all pairs described on the input parameter.
- MT4 cannot perform multi-currency backtests, So when you backtest this EA, you only get the result of the pair you tested, which isn’t accurate of EA’s actual performance.
- This Steady EA should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)
Download a Collection of Indicators, Courses, and EA for FREE
Conclusion
The Steady Profit EA is a trading solution designed for traders seeking a long-term, risk-managed approach. With its comprehensive use of indicators, broad market coverage, and various risk management features, it offers a reliable way to navigate the complexities of forex trading.
This EA will not work without proper set files. The author makes that clear and hides them from only people who purchase the product. I tried many adj on back test and only get losses.
REACHED DRAWDOWN 67% JUST TO EARN 1-5% PER MONTH?? FORGET IT
Backtest works.. but loose constantly . . .
Doesn’t work, missing indicators
what indicators ?
attached this robot to chart according to write up it does not trade straight away but as soon as i put on chart it opened 28 tra.ay all at loss .. how is this profitable
SOMETHING is WRONG, LOOSE ONLY ! sorry.