Description
<h3>Introduction</h3>
<p>CrowPrince FX EA V1.0 MT4 is an automated trading system developed for the MetaTrader 4 platform. It is designed to analyze price movements and execute trades automatically based on structured algorithmic rules. The EA aims to provide disciplined execution, risk control, and consistent trade management while minimizing emotional decision-making.</p>
<h3>Key Features</h3>
<ul>
<li>Fully automated trade execution</li>
<li>Designed specifically for MT4</li>
<li>Trend and momentum-based trading logic</li>
<li>Automatic stop-loss and take-profit placement</li>
<li>Adjustable lot sizing (fixed or percentage-based)</li>
<li>Spread filtering mechanism</li>
<li>Drawdown and equity protection options</li>
<li>Multi-pair compatibility</li>
<li>VPS-ready for continuous trading</li>
<li>Customizable input parameters</li>
</ul>
<h3>Recommended Settings</h3>
<p>Optimal settings may vary depending on broker and account size, but general guidelines include:</p>
<ul>
<li>Timeframe: M15 or H1</li>
<li>Preferred Pairs: Major pairs such as EURUSD, GBPUSD, USDJPY</li>
<li>Risk Per Trade: 1%–2% of account balance</li>
<li>Lot Mode: Auto lot based on risk percentage</li>
<li>Max Spread: Use a low-spread broker</li>
<li>VPS: Recommended for stable execution</li>
</ul>
<p>It is advisable to test the EA on a demo account before going live.</p>
<h3>Backtest Result</h3>
<p>Backtesting may typically show:</p>
<ul>
<li>Better performance during trending market conditions</li>
<li>Moderate drawdown with conservative risk settings</li>
<li>Sensitivity to spread and broker execution</li>
<li>Reduced efficiency during sideways markets</li>
</ul>
<p>Live results depend on market conditions and broker quality.</p>
<h3>Advantages</h3>
<ul>
<li>Fully automated trading</li>
<li>Reduces emotional decision-making</li>
<li>Structured risk management</li>
<li>Adjustable parameters for flexibility</li>
<li>Suitable for medium-term traders</li>
<li>Compatible with most MT4 brokers</li>
<li>Time-efficient for busy traders</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>Performance depends on market conditions</li>
<li>Drawdowns are possible</li>
<li>Sensitive to spread and slippage</li>
<li>Requires monitoring despite automation</li>
<li>VPS hosting may add additional cost</li>
<li>No guaranteed profitability</li>
</ul>
<h3>Installation & Setup Guide</h3>
<ol>
<li>
<p>Download the CrowPrince FX EA V1.0 file (.ex4 or .mq4).</p>
</li>
<li>
<p>Open MetaTrader 4.</p>
</li>
<li>
<p>Click File → Open Data Folder.</p>
</li>
<li>
<p>Open the MQL4 folder and then the Experts folder.</p>
</li>
<li>
<p>Paste the EA file into the Experts folder.</p>
</li>
<li>
<p>Restart MT4.</p>
</li>
<li>
<p>Enable AutoTrading from the toolbar.</p>
</li>
<li>
<p>Open your preferred currency pair and timeframe.</p>
</li>
<li>
<p>Drag the EA from the Navigator panel onto the chart.</p>
</li>
<li>
<p>Adjust input settings according to your risk preference and click OK.</p>
</li>
</ol>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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