Best Smart Money EA MT4 promises to bring professional-level trading strategies to individual traders. Examining and implementing techniques used by professional fund managers aims to deliver consistent and reliable performance. This article provides a neutral overview of the features and strategies employed by the Smart Money Concepts EA based on information from the seller’s page.

The core of the SMC EA lies in its volatility breakout strategy, a technique favored by numerous successful fund managers and institutional investors. This strategy follows market impulses, aiming to capitalize on significant price movements. The seller emphasizes that this method is well-established and widely used within the professional trading community, ensuring its reliability and consistency.

To enhance this strategy, the EA incorporates a sophisticated drawdown compensating algorithm. This algorithm is designed to protect the trader’s account by minimizing rapid drawdowns, allowing for minimal loss exits. The combination of the volatility breakout strategy and the conservative drawdown algorithm is presented as a powerful tool for traders.

Key Features of Smart Money Concepts EA

• Following the “Smart Money”: Smart Money Concepts EA is built to track and follow the strategies employed by professional traders, aiming to replicate their success.
• Precise Market Entries: The EA claims to offer extremely precise market entries, enhancing the potential for profitable trades.
• High Reward-to-Risk Ratio: The EA seeks to maximize potential gains while minimizing risks by focusing on trades with a high reward-to-risk ratio.
• Tight Stop Loss Levels: Implementing tight stop loss levels is a key feature to protect the trader’s capital from significant losses.
• Independence from Slippage and Spread: The EA is designed to perform effectively regardless of slippage and spread conditions.
• Efficient Money Management: Smart Money EA employs highly efficient money management techniques to optimize trading performance.
• Drawdown Compensating Algorithm: The latest generation of this algorithm helps manage and minimize drawdowns, protecting the trader’s account.
• Visual Risk Indication System: A visual system indicates risk levels, helping traders make informed decisions.
• High Spread and Slippage Protection: Protection systems protect trades from high spread and slippage impacts.
• Profit Protection System: This system aims to secure profits, reducing the risk of significant losses after a profitable trade.
• Dynamic Trading Logic: The SMC EA uses dynamic trading logic to adapt to changing market conditions.
• Advanced Time Management System: An advanced time management system helps optimize trade timings and manage trading sessions effectively.

Recommendations for Smart Money EA

• Minimum account balance of 500$.
• EA works best on EURUSD and GBPUSD, but the default settings are for EURUSD. For GBPUSD, use the given .set file. (work on any currency pair, but you may need optimization)
• Works only on M5 Timeframe.
• This Smart Money EA should work on VPS continuously to reach stable results. So we recommend running this EA Download on a reliable VPS
• The EA is NOT sensitive to spread and slippage. But We advise using a good ECN broker

What’s in the package?

• Experts : Smart Money EA.ex4 + Sets

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

No Refund

Instant download items don’t accept returns, exchanges or cancellations. Please read Refund Policy carefully or contact the seller about any problems with your order.