Silicon Falcon EA

The Silicon Falcon EA is a fully automated trading system that uses Algo Alpha, and Algo Beta functions to enable traders to identify potential support and resistance levels in the market.

This review will dive into the Silicon Falcon EA, discussing its strategies, features, and settings and providing guidance on who might benefit most from this Forex robot. By the end of this review, you will have all the necessary information to decide whether the Silicon Falcon EA is the right choice for you.

Silicon Falcon EA Strategy

The Silicon Falcon EA is an automated trading system that uses Algo Alpha and Algo Beta functions to enable traders to identify potential support and resistance levels in the Forex market. The EA is Optimized for the EURUSD currency pair and trades in a 1 Hour timeframe.

Silicon Falcon EA
Silicon Falcon EA

The EA has several features, one of which is its use of money management that automatically employs lot sizing; the EA then adjusts the lot size based on the risk setting used. It also has an Algo Alpha function that identifies the size of the first support and resistance channel. It calculates the range of bars in which the support and resistance levels are present, thus giving the trader a clear idea of the price range within which the market is likely to move.

However, The Algo Beta function, on the other hand, performs a broad sweep of the market and identifies the general trend. It then calculates the range of bars in which the trend is present, thus helping the trader to identify the key levels of support and resistance. Using these two functions, the Silicon Falcon EA provides traders with a comprehensive market analysis, enabling them to make trading decisions.


Despite its numerous features, the Silicon Falcon EA has some weaknesses. This includes using a secret algorithm (Striker), which may raise questions about the transparency and reliability of the EA’s trading strategies. Additionally, the maximum spread and minimum trades filled before the spread calculation can limit the number of trades the EA can execute, which may affect the trade’s outcome. Therefore, traders should exercise caution and thoroughly test the EA on a demo account before using it on a live account.

Silicon Falcon EA Features

  • Uses various trading strategies and settings to identify trading opportunities in the Forex market
  • Optimized for the EURUSD currency pair
  • Trades in a 1 Hour timeframe
  • Uses money management that automatically employs lot sizing and adjusts the lot size based on the risk setting used
  • Algo Alpha and Algo Beta function that helps traders identify potential support and resistance levels in the market.
  • A stop-loss feature which helps traders minimize their losses by setting a predetermined level at which the trade will automatically close.
  • Uses a secret algorithm (Striker) for more trades
  • Maximum spread and minimum trades filled before spread calculation are used to calculate the maximum average spread before pending orders
  • are placed in the market.

Silicon Falcon EA Settings

  • Use Money Management – Automatic lot sizing if true
  • MM Risk Setting – Risk setting is used if money management is employed
  • Lot Size – Fixed lot size if money management isn’t used
  • Period for S/R Algo – Period for support and resistance algorithm
  • Algo Alpha – First channel size start in bars
  • Algo Beta – Broad sweep bars
  • Max Pending Orders – Maximum number of pending orders allowed
  • Min Trade Spacing – Minimum spacing between trades
  • Front Run (Pips) – Always front run entries in the real world
  • Exit Choice – Broker or hidden exits
  • Target Profit – Target profit in pips
  • Stop Loss – Stop loss in pips
  • Trailing Stop – Trailing stop in Pips
  • Trail Step – Trail step in Pips
  • Break-Even Activation Pips – Price must be this far into profit for breakeven activation.
  • Pips to Lock In – Pips to lock in with breakeven activation
  • Use Partial Close – Set to faithfully close positions at multiple exit targets
  • Position Percentage to shut – Percentage of the first position to shut at each target
  • Min Profit Pips – Minimum amount of pips before the first exit
  • Pips Between Closings – Number of pips into profit between closings
  • Use Trading Hours – Set faithfully use trading hours
  • Hour to Start Trading – Hour to start trading (use broker time)
  • Hour to Stop Trading – Hour to stop trading (use broker time)
  • Friday Exit Hour – Hour to stop trading on Friday and exit trades (use broker hour)
  • Trade NFP Friday – True/false
  • Trade Thursday Before NFP – True/false
  • Trade Christmas Break – True/false
  • Day to Start Break – 15 (15th of December as an example)
  • Trade New Year Holiday – True/false
  • Day To Return After Break – 3 (3rd of January as an example)
  • Trade Comment – Comment to be sent with trades
  • Use Avg Spread as Max Spread – Uses average spread (counted from filled orders) for max spread calculation.
  • Min Trades Filled Before Spread Calculation Will Occur – Max spread value utilized.
  • Amount to Pad Avg Spread (Pips) – Add this number to avg spread to get the max spread calculation
  • Max Spread – Used before enough filled trades and also when avg spread isn’t used
  • Max Average Spread (Last 20 ticks) Allowed Before Pending Orders Will Be Placed In The Market.
  • Spread outing – Until (Next Bar as Example)
  • Max 1 Min Spike Size – Set pips for max spike size allowed on a 1-minute timeframe
  • FIFO Friendly – Enable FIFO brokers
  • Use Striker – Secret algo for more trades
  • Magic Number – Use a unique number for each strategy on any additional instance of Apex running on the same account and currency pair.
Silicon Falcon EA Settings
Silicon Falcon EA Settings

Silicon Falcon EA Summary

The Silicon Falcon EA is an automated trading system that uses Algo Alpha, and Algo Beta functions to identify potential support and resistance levels. The EA offers several features, including money management that automatically employs lot sizing and a Stop Loss feature to minimize potential losses.

However, the forex EA has some weaknesses, including using a secret algorithm (Striker), which may raise questions about the EA’s transparency and reliability. Additionally, using the maximum spread and minimum trades filled before spread calculation can limit the number of trades executed, potentially affecting the trade outcome.

It is recommended to demo-test the EA and apply good risk management settings before using it on a live account. Traders comfortable with the risks associated with automated trading may find it suitable for their trading style.

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