Clasico EA

The Clasico EA is a forex trading robot designed to automate trading on the Metatrader 4 platform. The EA combines multiple technical indicators to identify trading opportunities and execute trades automatically. It offers three different trading modes, including low, medium, and high risk, and is optimized for use on the M15, M30, and H1 charts.

In this article, we will provide a comprehensive review of the Clasico EA, including its key features, performance, and overall suitability for different types of traders. By the end of this review, you will have the information needed to make an informed decision on whether the Clasico EA is right for you.

Clasico EA Strategy

The CLASICO EA is a forex trading robot that was developed for use on the Metatrader 4 platform. The EA utilizes multiple technical indicators to automatically open buy and sell trades based on market conditions. The EA offers three different trading modes, namely low risk, medium risk, and high risk, with the low-risk mode being the recommended option for new users.

Clasico EA
Clasico EA

The CLASICO EA is optimized for use on the M15, M30, and H1 charts and is best suited for trading the major currency pairs such as EUR/USD, GBP/USD, and USD/JPY. The EA comes with protection against slippage and allows users to easily edit the start and end trading hours.

One of the strengths of the CLASICO EA is its versatility, with multiple trading modes available for users with different risk appetites. The EA’s compatibility with various chart timeframes also increases the opportunities for trading. The ability to customize trading hours and protection against slippage also contribute to the EA’s strengths.


However, like any trading strategy, the CLASICO EA has its weaknesses. Its reliance on technical indicators may lead to missed trading opportunities due to sudden market movements that cannot be predicted by these indicators.

Additionally, the EA’s performance may be impacted by changes in market conditions, and therefore requires constant monitoring and tweaking of settings to ensure optimal performance.

The CLASICO EA also emphasizes the importance of risk management, with the low-risk trading mode recommended by the developer for new users. The EA should be run on a forex VPS to ensure stable results, and the use of a low spread ECN account is also recommended to minimize trading costs.

Like any trading robot, it requires constant monitoring and tweaking to ensure optimal performance, and users should always practice proper risk management. Demo testing is a crucial step in its use as it allows users to test the EA’s performance, make necessary adjustments, and gain necessary confidence.

Clasico EA Features

  • The Clasico EA is an expert advisor designed for use on the Metatrader 4 platform.
  • It is a forex trading robot that trades automatically using multiple technical indicators.
  • The EA offers three different trading modes, including low risk, medium risk, and high risk.
  • The low-risk trading mode is recommended for new users of the EA.
  • The EA is optimized for use on the M15, M30, and H1 charts.
  • It is best suited for trading the major currency pairs, such as EUR/USD, GBP/USD, and USD/JPY.
  • The EA comes with protection against slippage, which can affect the accuracy of trade entries and exits.
  • Users can easily edit the start and end trading hours to match their preferred trading schedules.
  • The EA requires a VPS to run continuously for stable results.
  • A low spread ECN account is recommended to minimize trading costs.

Clasico EA Settings

  • Lot size – determines the size of the position opened by the EA
  • Slippage protection – prevents losses due to slippage in trade execution
  • Magic number – assigns a unique identifier to the trades opened by the EA
  • Maximum level – sets the maximum number of trades that can be opened simultaneously by the EA
  • Start time – defines the time at which the EA starts trading
  • End time – defines the time at which the EA stops trading
  • Entry factor – determines the conditions under which the EA enters trades
  • Session end time – defines the time at which the EA closes any open trades
  • Take profit factor – determines the level at which the EA takes profits on a trade.

Clasico EA Summary

The Clasico EA is a Metatrader 4-based forex robot that automatically executes trades using multiple technical indicators. It offers three trading modes and is optimized for major currency pairs. Its strengths include proper risk management and easy-to-use settings, while its main weakness is its reliance on continuous trading. Demo testing and good risk management settings are recommended before using the EA on a live account. The Clasico EA is suitable for traders seeking an automated trading solution, but it is not a guaranteed profit-making tool.


Free Forex Robot