The FxCore100 EA is a powerful scalping Expert Advisor (EA) designed by professional traders. It uses advanced trading strategies, analyzing multiple time frames and currency pairs to maximize profitability. This EA continuously monitors the market in real-time, checking the validity of entry signals with every tick. Built-in risk management ensures that trades are strategically controlled.
The EA package includes two files: Fxcore100EA_BUY and Fxcore100EA_SELL. To use it, open two EURUSD charts: one for the BUY EA and one for the SELL EA.
Key Features and Risk Management
The time frame you select influences the EA’s risk exposure:
- Lower time frames mean higher risk but also higher potential profits.
- Higher time frames imply lower risk and more stable growth.
For most users, a lower-risk approach is recommended to help avoid significant drawdowns and foster gradual account growth.
Strategy Overview
The FxCore100 EA employs a blend of martingale and hedging strategies, creating a high return on investment (ROI) with relative stability. However, this approach can be risky. Monthly profit potential varies based on your lot size and selected risk level. Over time, this strategy could deplete your account if not monitored. To mitigate risk, it’s advised to periodically withdraw profits. Once the initial investment is recouped, the martingale approach becomes less risky and offers a higher chance of sustained profitability.
Recommended Settings and Account Sizes
Developers recommend using FxCore100 EA with default settings for best results. Below are the suggested account sizes for different time frames to maintain low-risk trading:
- $200 – $1,000 for H4
- $2,000 – $4,000 for H1
- $5,000 – $10,000 for M30
- $11,000 – $16,000 for M15
- $17,000 – $30,000 for M5
- $31,000 – $50,000 for M1
Setup Instructions
Open a second EURUSD chart with the same time frame and attach Fxcore100EA_SELL to this chart.
Open an EURUSD chart in the preferred time frame according to your account size.
Attach Fxcore100EA_BUY to one chart.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness