Brilliant Pro EA is an automated trading robot that primarily uses a scalping strategy, making frequent, small trades to capture profits from minor price changes. When trades move unfavorably, the EA employs a combination of martingale and hedging techniques, which can help manage or potentially recover losses, though they carry inherent risks.
The developers of Brilliant Pro EA highlight its potential for consistent profitability, as shown by its performance on live MQL5 signals, though some reviews question the signals’ reliability. Available data suggests that while the EA can generate stable monthly profits, it operates with a high drawdown, indicating a risk of significant account depletion over time.
The developers suggest a starting balance of $1,000 with a 0.01 lot size, a recommendation that could lead to heightened risk. A more conservative approach would be to begin with a $100 cent account (or its equivalent in a standard account) with the same lot size. This adjustment may reduce risk while aiming for average monthly gains of around 7%, making the EA more manageable for traders with various capital sizes and risk appetites.
Recommendations for Brilliant Pro EA
uggested Minimum Account Balance: While developers recommend a $1,000 account, starting with a $100 cent account or equivalent in a standard account may better mitigate risks.
Optimal Currency Pair: Works best on EURUSD (can operate on other pairs).
Recommended Timeframe: M30 (though adaptable to other timeframes).
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness