Wise EA

The Wise EA is a fully automated forex trading robot that is designed for traders for generating potential trades in the forex market. This software uses complex algorithms and mathematical models to analyze market trends and execute trades based on pre-defined criteria. Wise EA operates 24/7 and constantly monitors the market. What sets Wise EA apart from other trading robots is its ability to learn and adapt to changing market conditions.

Wise EA Strategy

Wise EA’s trading strategy is based on a combination of technical analysis, fundamental analysis, and artificial intelligence. It uses complex algorithms and mathematical models to analyze market trends and identify potential trading opportunities.

Here are some key features of Wise EA’s trading strategy:

  • Technical Analysis: Wise EA uses technical indicators such as moving averages, trend lines to analyze price movements and identify trends in the market. It also uses candlestick patterns to identify potential reversal points in the market.
  • Artificial Intelligence: Wise EA uses machine learning and artificial intelligence to continually refine its trading strategy and adapt to changing market conditions. It analyzes historical data to identify patterns and trends that can be used to make more accurate predictions about future market movements.
  • Risk Management: Wise EA’s trading strategy also includes risk management measures such as stop-loss orders and position.

Wise EA Features

  • Wise EA requires a minimum account balance of $1000 to use, as mentioned by the developer.
  • It is optimized to work best with major currency pairs, including EURUSD, GBPUSD, USDCAD, AUDUSD, USDJPY, and USDCHF, but can work with any pair.
  • The software is optimized for the M15 timeframe but can also work on any other timeframe.
  • To achieve the best results, a low spread ECN account is recommended.

Wise EA Settings

  • CurrencyPairs                                                          Forex Pairs
  • LotSize                                                                      0.1
  • MaxOpenTrades                                                     13
  • TargetProfitForAllOpenTrades                            3.3
  • Distance BetweenEach Trades                           13.0
  • HeickenAshiCandleSecurity                                 true
  • LotincrementSystem                                             false
  • LotMultiplier                                                           2.0
  • AllOpenTradesInProfitClosing                             true
  • StopLossPips                                                           0.0
  • TakeProfitPips                                                        0.0
  • Slippage                                                                   5.0
  • ‘’ ‘’                                                                             Money Management
  • MoneyManagement                                             false
  • AccountBalanceRiskPercent                                2.0
  • MaximumLotsizeEACanUse                                 333.0
  • SuffixForSpecialBrokers
  • EnforceStopLoss OnAllOpenTrades                      true
  • SLPercentOfAccount                                                30.0
  • WaitingHoursAfterSLEnforced                               6
  • EquityProtectionLimit                                              0.0
  • MaxSpreadPoints                                                      50.0
  • TradeSLMovementType                                          None
  • TrailingStop                                                                53.0
  • BreakEven                                                                  33.0
  • AlertSwitch                                                                 true
  • MagicNumber                                                            737222
  • TradeComments                                                       WISE_EA
  • ExternalIndicator1                                                    TLINE Indicator
  • ExternalIndicator2                                                    Qcandle
  • Allowed Trades                                                         Both Trades
  • ‘’’’                                                                                 GMT Time Range For Each Day of Week
  • GMTOffsetCountryWise                                          5
  • Is GMTPlus                                                                  true
  • Monday_Starting_Hours                                         1
  • Monday Terminating_Hours                                  23
  • Tuesday_Starting Hours                                         1
  • Tuesday_Terminating_Hours                                23
  • Wednesday_Starting_Hours                                  1
  • Wednesday_Terminating_Hours                          23
  • Thursday_Starting Hours                                       1
  • Thursday Terminating_Hours                                 23
  • Friday_Starting Hours                                              1
  • Friday_Terminating_Hours                                     23

Wise EA Summary

Overall, the Wise EA execute trades based on pre-defined criteria and its trading strategy is based on a combination of 3 different analysis including technical, fundamental and the artificial intelligence. This forex robot monitors the market changing conditions using machine learning and AI. Its risk management measures, such as stop-loss orders and position sizing, are designed to minimize drawdowns.

However, it’s important to note that while Wise EA can be a useful tool for traders, there is no guarantee of profits, and it’s essential to use proper risk management techniques. To test the software, traders can use a demo account before using it with real money.

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