Ultima EA

The Ultima Expert Advisor (Ultima EA) is a fully automated MetaTrader 4 trading system based on a trending strategy that takes care of entries, exits with strict adherence to TP and SL and trade management. Its ability to work on multiple currency pairs and timeframes gives traders more flexibility and the ability to diversify their trading activities.

In this review, we will examine the features of the Ultima EA, its trading strategies, and its performance in real trading situations. This review will provide valuable insights into the Ultima EA, enabling you to decide better whether it is the right trading robot for you.

Ultima EA Strategy

The Ultima EA is a fully automated MetaTrader 4 trading system designed to execute trades in the forex market. The system is based on a trending strategy that uses dynamic price swings, automated Fibonacci targets, and breakout rules and filters to limit losing streaks and create equity growth. The Ultima EA handles entries, exits, and trade management, making it an ideal option for traders who want to minimize potential losses.

Ultima EA
Ultima EA

The Expert Advisor uses a unique system, the automated Fibonacci targets, to identify potential entry and exit points in the market. Fibonacci retracement is a popular technical analysis tool traders use to identify support and resistance levels in the market. The Ultima EA uses this tool to identify potential entry and exit points based on historical price movements.

It was first developed in 2019 and uses breakout rules and filters to limit losing streaks and create equity growth. Breakout trading is a popular strategy that involves entering a trade when the price breaks through a significant support or resistance level. The Ultima EA uses this strategy to identify potential entry and exit points based on market volatility. The system does not support hedging, martingale, or pyramiding trading strategies, which ensures that the funds stays strictly managed while trading.

Ultima EA Features

  • Uses dynamic price swings and automated Fibonacci targets
  • Breakout rules and filters to limit losing streaks and create equity growth
  • Strict adherence to stop loss and take profit levels
  • Different types of stop losses and take profit levels to maintain a higher level of safety
  • No support for hedging, martingale, or pyramiding trading strategies
  • Compatible with MetaTrader 4 platform
  • It can be used with any currency pair
  • Offers risk management features to manage risk effectively
  • Eliminates emotional trading and ensures trades are executed based on objective rules and filters
  • Easy to use and can be used by traders of all experience levels.

Ultima EA Settings

  • Lot Size – Adjustable lot size to manage risk and maximize returns.
  • Stop Loss (SL) – Adjustable stop loss levels to minimize losses.
  • Take Profit (TP) – Adjustable take profit levels to lock in profits.
  • Max Drawdown – Maximum allowable drawdown before the EA stops trading.
  • Max Spread – Maximum allowable spread before the EA stops trading.
  • Trailing Stop – Adjustable trailing stop feature to lock in profits.
  • Magic Number – Unique identifier for each EA instance to manage multiple instances.
  • Risk Ratio – Adjustable risk ratio to manage the level of risk.
  • Max Open Trades – Maximum number of open trades at any given time.
  • Trading Hours – Adjustable trading hours to match the user’s trading preferences.
  • Order Type – Adjustable order type (buy/sell/both) to match the user’s trading strategy.
  • Trade Comment – Adjustable comment field for users to leave notes about their trades.
  • Auto Money Management – Automatic lot size calculation based on account balance and risk level.

Ultima EA Summary

From my personal point of view, the Ultima EA is a considerable automated trading tool that can potentially be a valuable addition to a trader’s arsenal. It’s also a trading system that makes use of dynamic price swings, automated Fibonacci targets, and breakout rules and filter. Its strict adherence to stop loss and take profit levels allows traders to manage risk effectively.

While the Ultima EA offers a range of useful features, traders should be aware that it does not support hedging, martingale, or pyramiding trading strategies. It is important to demo-test the Ultima EA and apply good risk management settings to ensure optimal results.
Additionally, traders should be prepared to invest in the system if they choose to use it, as it comes at a cost. Overall, the Ultima EA is a considerable forex robot for traders serious about executing trades in the forex market and committed to long-term trades.

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