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SOFTECHFX FUNDED PROP EA MT4 – Full Input Settings Analysis
SoftechFX Funded Prop EA is a meticulously crafted expert advisor, catering to traders of all proficiency levels, ensuring a seamless and effective trading journey. Offering five unique presets tailored to various funding levels, traders can personalize their experience to align with their specific trading objectives. With its advanced filtering capabilities and specialization in the EURUSD and AUDCAD pairs, the SoftechFX Prop EA optimizes profit potential, mitigates risks, and seizes lucrative market opportunities.
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Lot Size & Strategy Settings
- StartingLots: 0.01 — very minimal starting lot size, can be utilized for mini accounts or testing.
- Layer_Multiplier: ×1.2 (Default) — in martingale or grid strategies, every new position has 1.2× bigger lot size than the previous position.
- PipStep: 48.0 — order gap in pips in grid or martingale strategies.
Profit Target
- TakeProfit: 40.0 — closes positions on reaching 40 pips profit.
- This TP value is smaller than the PipStep, and hence the EA will close the entire trade basket when overall profit reaches 40 pips, although full pip step distance has not been reached.
EA Identification & Management
- Identifier: 1 — unique ID to differentiate trades from other EAs.
- EAName: Blank — can be set to give a chosen name in logs and in trade records.
Key Takeaways
- Presets for Different Funding Levels:SoftechFX Funded Prop EA provides five meticulously crafted presets tailored to accommodate various funding levels, ensuring a personalized trading experience for every trader.
- User-Friendly Experience:With a paramount emphasis on user experience, SoftechFX Funded Prop EA boasts an intuitive interface designed to cater to traders of all proficiency levels, fostering a seamless and efficient trading journey.
- Advanced Filter:Armed with an advanced filter, SoftechFX Funded Prop EA enhances performance and elevates risk management strategies, reflecting a commitment to optimizing trading outcomes through sophisticated technological capabilities.