Redshift EA

The Redshift EA is a fully automated forex robot that automates the trading process for traders. It is optimized to execute trades on multiple currency pairs on the MT4 platform.

In this comprehensive review of the Redshift EA, we will take an in-depth look at its strategy, features, and settings. By the end of this review, readers will be able to make an informed decision on whether the Redshift EA is suitable for their trading needs.

Redshift EA Strategy

The Redshift EA is a forex trading robot that uses martingale strategy to identify potential trades and execute them automatically on the MetaTrader 4 (MT4) platform. It uses advanced algorithms and technical indicators, such as the MACD indicator, to analyze the forex market and identify trading opportunities.

Redshift EA
Redshift EA

The Redshift EA trades in various currency pairs, including the EUR/USD, GBP/USD, USD/JPY, AUD/USD, and other instruments, such as gold, silver, and oil on the M15 timeframe. It uses a dynamic money management system that adjusts the lot size based on the user’s specified risk percentage, which helps traders control their risk exposure.

The Martingale strategy involves increasing the position size after a losing trade in an attempt to recover the losses. However, the strategy relies on increasing lot sizes after every losing trade, which can quickly increase the risk of a large loss.


It is worth considering for those who are comfortable with intraday trading and are willing to apply good risk management settings. Traders should be cautious and demo-test the EA before using it on a live account to mitigate loss.

Redshift EA Features

  • Fully automated expert advisor for intraday trading
  • Uses the MACD indicator for analysis
  • Offers money management options such as risk percent, increase lot on loss, and increase multiplier
  • Regularly updated by the developer to optimize performance
  • Designed for MetaTrader 4 (MT4) platform
  • Can trade multiple currency pairs and instruments

Redshift EA Settings

  • Magic Number: This setting is used to differentiate between multiple instances of Redshift EA running on the same account.
  • Max Spread: This setting is used to filter out trades during high market volatility when spreads can widen.
  • Lots: This setting determines the lot size of each trade opened by the EA.
  • Money Management: This setting determines how the lot size is calculated based on the account balance.
  • Risk Percent: This setting determines the maximum percentage of the account balance that can be risked on each trade.
  • Trading Hour: This setting determines the time of day when the EA can open trades.
  • Trading Days: This setting determines the days of the week when the EA can open trades.
  • Trading Directions: This setting determines whether the EA can open long or short trades or both.
  • Take Profit: This setting determines the profit target for each trade opened by the EA.
  • Stop Loss: This setting determines the maximum loss that the EA will accept for each trade.
  • Enable Trailing Stop: This setting enables or disables the trailing stop feature.
  • Trailing Stop Value: This setting determines the distance from the current price at which the trailing stop will be placed.
  • Trailing Step Value: This setting determines the distance between each subsequent trailing stop level.
  • Increase Lot on Loss: This setting enables or disables the martingale feature, which increases the lot size after a losing trade.
  • Increase Multiplier: This setting determines the multiplier for the lot size increase after each losing trade.
  • Custom Comment: This setting allows users to add a custom comment to trades opened by the EA.
  • Show Panel: This setting enables or disables the display of the EA panel on the chart.
  • Show Button: This setting enables or disables the display of the EA button on the chart.
  • Custom Chart: This setting allows users to customize the appearance of the chart used by the EA.

Redshift EA Summary

The Redshift EA is a forex trading robot designed to help traders automate their trading strategies. It uses advanced algorithms to analyze market conditions and make trades based on those conditions. One of the strengths of the Redshift EA is its automated trading system, which eliminates the need for manual trading. However, one of the weaknesses of the Redshift EA is its martingale strategy, which can lead to large drawdowns and losses.

The Redshift EA is worth considering for intraday traders who are comfortable with automated trading. However, it is important to demo-test the Redshift EA and apply good risk management settings before using it with real money.

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