The EA Mad Max is a forex trading system that uses a proprietary algorithm to predict future price movements. Developed by a team of experienced traders and programmers, this system is designed to provide multiple entry points for traders, increasing the potential for optimal trading. In this review, we will evaluate the key features, strengths, weaknesses, and risks associated with the EA Mad Max strategy. By the end of this review, you will have a better understanding of the EA Mad Max trading system and be able to decide whether it is the right trading system for you.
EA Mad Max Strategy
The EA Mad Max strategy is a trading system that utilizes the theory of relativity to predict the future price movement of various currency pairs. This unique formula allows for an increased number of potential entry points, both for buying and selling. The EA analyzes the market every 3 minutes, processing over 100 entry points for each direction. The repetitive theories of price movement become signals, and the entry point is determined by a modified RSI indicator filter.
One of the strengths of the EA Mad Max strategy is its ability to predict price movements using a proprietary algorithm that utilizes the theory of relativity to predict future price movements. This algorithm allows for an increased number of potential entry points for buying and selling.
However, like all trading systems, there are also shortcomings to consider. For example, the EA Mad Max strategy may not perform well in volatile market conditions, as sudden price movements can be difficult to predict. Additionally, the reliance on the modified RSI indicator as a filter may not be suitable for all market conditions.
To manage risks, it is recommended to use appropriate leverage and to carefully consider the currency pairs traded. It is also important to use a demo account before trading with real money, to test the effectiveness of the strategy in different market conditions.
EA Mad Max Features
- Utilizes a proprietary algorithm based on the theory of relativity to predict future price movements.
- Calculates motion to increase the possible number of entry points in the future.
- Analyzes the market every 3 minutes, processing over 100 entry points for both buy and sell.
- Repetitive theories of price movements become signals.
- The filter for the entry point is a modified RSI indicator.
- Built-in time filter to improve entry point accuracy.
- Suitable for use with recommended leverage of 1:500 or better.
- Multicurrency EA capable of processing orders for multiple currency pairs.
- Unique order processing algorithm.
- No analogues in determining the point of entry into the market.
EA Mad Max Settings
- Lot size – Automatic lot calculation volume
- Balance – Automatic lot calculation step
- Fix Lot – Fixed lot size (0 means auto)
- Max Orders – Maximum number of open trades
- Start Hour – Starting hour to open trades
- End Hour – Ending hour to open trades
- Comments – User-defined comments
- Magic Number – Unique identifier for trades
- Opposite Trades – Enable/disable opening opposite trades
- Max Spread – Maximum allowable spread
- Trailing Stop – Enable/disable trailing stop loss
- Trailing Start – Distance in points to activate trailing stop
- Trailing Distance – Distance in points from current price for trailing stop
- Trailing Step – Trailing stop increment size
- Breakeven – Enable/disable breakeven function
- Take Profit – Take profit level in points
- Stop Loss – Stop loss level in points
EA Mad Max Summary
The EA Mad Max is a multi-currency Expert Advisor that uses the theory of relativity to predict future price movements. It analyzes the market every 3 minutes, processing over 100 potential entry points for both buy and sell trades. The modified RSI indicator is used as a filter for entry points, and traders can adjust settings such as lot size, stop loss, take profit, and trailing stop according to their risk management preferences. However, traders should be aware that this also means there may be more losing trades, therefore risk management is crucial.
Before using the EA Mad Max with real money, traders should thoroughly test it in a demo environment and apply good risk management settings to avoid significant losses. This forex EA may be most appropriate for experienced traders who are comfortable with high-risk strategies.
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
