YETTI V3 EA is a fully automated Forex Expert Advisor available for free download. This EA employs a combination of martingale and scalping strategies, making it versatile across all timeframes and suitable for multiple currency pairs. With programming designed to achieve monthly returns of 12-25%, it presents a compelling option for traders.
Key Features of YETTI V3 EA
The Yetti Expert Advisor is equipped with several protective mechanisms to guard against out-of-trade losses. It includes built-in protection and position recalculation functions, which help prevent excessive order placements and mitigate risks associated with the main grid cycle during terminal restarts.
Here are some standout features of the YETTI EA: 
- User-Friendly Info Panel: Provides quick access to essential function buttons for ease of use.
- Trayline-Stop Use: Enhances risk management and trading efficiency.
- Dynamic Order Opening Step: Adjusts order placement based on market conditions.
- Automatic Position Locking: Secures trades against unfavorable movements.
- Multiple Filters: Helps refine order entries and management.
Risk and Return
While the YETTI EA can offer a high return on investment (ROI) due to its use of the martingale strategy, it also carries inherent risks. The potential for significant account drawdowns exists over prolonged use of this approach. However, by implementing periodic withdrawals of profits, traders can leverage the theory of probability to mitigate risks. Once the initial investment is withdrawn, the martingale strategy may shift from being risky to potentially profitable.
Recommendations for Using YETTI V3 EA
Minimum Account Balance: $100 cent account or an equivalent standard account for 0.01 lot.
Optimal Trading Pairs: Works best with EURUSD, GBPUSD, AUDUSD, USDCHF, XAUUSD, and XAGUSD (suitable for any currency pair).
Recommended Timeframe: Most effective on M1, though it can operate on any timeframe.
Strategy Tester Compatibility: This EA does not function on the Strategy Tester.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
Broker Recommendations: A low spread ECN account is also advised for optimal performance (find the perfect broker for you).
