Elise FX EA v1.50 MT4 + Presets (Platform build 1431+)

What is Elise FX EA?

Elise FX EA is an automated trading robot designed to enhance your forex trading strategy. This powerful Expert advisor (EA) works on M1 to H1 timeframes and focuses on major currency pairs such as EUR/USD, GBP/USD, EUR/JPY, USD/JPY, and GBP/JPY.

Elise FX EA Features

Professional trading features of the advisor, including:

• Automated trading: Execute trades automatically based on pre-defined rules, eliminating the need for constant manual intervention.
• Trend tracking: Identify and capitalize on market trends for profitable trading opportunities.
• Risk management: Implement robust risk management protocols, such as Stop Loss (SL) and Take Profit (TP) orders, to protect trading capital.
• Backtesting capabilities: Allow for comprehensive backtesting of trading strategies on historical data to assess potential profitability and identify areas for improvement.
• Martingale trading system: (If applicable) Use the Martingale system to increase potential profits, although the strategy has inherent risks.
• Parameter optimization: Provides the flexibility to adjust trading parameters to suit individual trading styles and risk tolerance.

Why choose Elise FX EA?

• Increased efficiency: Automate trading processes, freeing up time for other tasks or allowing simultaneous trading across multiple accounts.
• Reduced emotional trading: Eliminates the influence of emotions such as fear and greed on trading decisions.
• Improved consistency: Ensures consistent execution of trading strategies, minimizing the impact of human error.
• Higher profit potential: Potentially generates higher profits than manual trading, especially for disciplined and consistent traders.
• Advanced risk management: Provides a framework for effective risk management, minimizing the possibility of significant losses.
• User-friendly interface: Provides an intuitive interface for easy setup, monitoring, and management of trading activities.

Elise FX EA Review

The Elise FX EA has demonstrated exceptional trading performance, delivering consistent profits over 7 consecutive months in backtesting results. Specially designed and optimized for trading currency pairs, this expert advisor ensures robust profitability while maintaining safety in real trading conditions.

• Using a starting capital of $500 for backtesting, the trading strategy delivered a total profit of $786 over 7 months. The advisor effectively optimized risk management, maintaining a maximum drawdown of 33%. Additionally, the strategy achieved an impressive win rate of 83.55% across all executed trades.

Elise FX EA MT4 Myfxbook

• Backtesting a trading strategy with an initial capital of $1,000 over 7 months resulted in a total profit of $1,012. The strategy demonstrated effective risk management, maintaining a maximum drawdown of 24.31%, while achieving an impressive win rate of 82.28% across all executed trades.

Elise FX EA Myfxbook

• Conducting backtesting with an initial capital of $2,000, the trading strategy delivered a total profit of $2,240 over a 7-month period. The advisor effectively optimized risk management, maintaining a maximum drawdown of 34%. Impressively, the strategy achieved a win rate of 81.76% across all executed trades.

Elise FX Myfxbook

Trading Specifications

• Trading Platform: Experience seamless trading with the highly popular and user-friendly MetaTrader 4 (MT4) platform, trusted by millions of traders worldwide.
• Time Frames: Analyze the market across versatile time frames, including M1, M5, M15, M30, and H1, for precision trading.
• Currency Pairs: Gain access to top-performing currency pairs, including EUR/USD, GBP/USD, EUR/JPY, USD/JPY, and GBP/JPY, to diversify your trading portfolio.
• Minimum / Recommended Deposit: Start trading effectively with a minimum or recommended deposit of $500, suitable for beginners and experienced traders.

Latest product download package includes

The download package includes the official version of the advisor:

• Experts: Elise FX EA v1.50.ex4
• Presets:
  • EURUSD_$500_H1.set
  • EURUSD_$1000_H1_Medium Risk.set
  • EURUSD_$2000_H1_High Risk.set
  • EURUSD_$2000_H1_Low Risk.set

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Conclusion

In short, Elise FX EA stands out as a powerful and professional trading tool designed to enhance the efficiency and profitability of Forex trading. With its advanced features, including automated trading, trend tracking, robust risk management protocols, and parameter optimization, this expert advisor empowers traders to capitalize on market opportunities with minimal manual intervention. Its ability to backtest strategies on historical data and deliver consistent performance further solidifies its value for both novice and experienced traders.

The backtesting results highlight Elise FX EA’s capability to deliver reliable profits while managing risks effectively. Using various initial capital levels, the advisor consistently achieved win rates exceeding 80% and maintained reasonable drawdowns, showcasing its potential for sustainable trading success.

>>> Reviewed by Jason Stap