Silicon Falcon EA MT4 V2.1 (Official version 1479+)

What is Silicon Falcon EA MT4?

Silicon Falcon EA is a powerful Expert Advisor (EA) specifically developed for trading major forex currency pairs on the MetaTrader 4 (MT4) platform. Designed with precision and compliance in mind, this EA is fully optimized to meet the trading conditions and risk parameters required by proprietary trading firms (Prop Firms). Built for both professional and aspiring traders, Silicon Falcon EA offers reliable automation, efficient performance, and compatibility with prop firm challenges—making it a strategic tool for serious forex traders.

• Vender Website 

About the Developer

•  Author:  Joseph Smith
•  Experience: Over +10 years of experience on MQL5.
•  Notable Products: Apex Scalper EA, Fox Wise, Luminary  and other products.
•  Flagship Product: Silicon Falcon EA is the best performing product.

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Key Features of Silicon Falcon EA MT4

🔺 Smart Capital Management:

• Predefined SL/TP levels for every trade
• Risk control built into the core logic

🔺 Compatible with All Trading Styles:

• Works with various strategies (swing, scalping, intraday)
• Customizable for different market conditions and trader preferences

🔺 Advanced Built-In Risk Protection:

• Internal safeguards to minimize losses
• Equity protection features

🔺 FIFO Rule Compatibility:

• 100% compliant with First-In-First-Out broker regulations
• Suitable for regulated U.S. brokers and prop firms

🔺 Transparent & User-Friendly Interface:

• Clear trade comments and dashboard
• Simple trade monitoring and setup

Why choose Silicon Falcon EA MT4?

• Uses advanced trading algorithms to analyze trends

• High probability trade logic

• Fully automated system: no manual intervention needed

• Flexible across currency pairs, indices, and commodities

• Beginner-friendly setup + professional-level performance

Silicon Falcon EA MT4 Review

🔺 Verified Performance:

• Importance of checking backtests and forward tests via Myfxbook or similar
• Emphasis on transparency and track record

🔺User Feedback and Real Reviews:

• Key insights from real users: win rate, profitability, drawdowns
• Importance of reading reviews from real traders and community forums

🔺Independent Review Platforms:

• Avoiding fake or biased promotional content
• Relying on trusted forex forums and review sites

What’s Included in the Download Package

🔺Expert Files:

• Silicon Falcon EA v2.1_fix_1420+.ex4

🔺Presets Included:

• EURUSD H1 RC1
• USDJPY H1 RC1
• USDJPY H1 RC1 No Hours
• EURUSD H1 RC1 Min Trade Spacing

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How To Set Up EA

Silicon Falcon EA V2.1 is a powerful automated trading expert advisor for MT4, optimized for smart entries, trailing exits, and holiday-aware trading. Designed for both low-risk retail traders and more advanced users, this EA balances safety with technical precision.

🔺Install the EA on MT4

• Download and unzip the Silicon Falcon EA V2.1 .ex4 file.
• Go to MetaTrader 4 → File → Open Data Folder → MQL4 → Experts
• Paste the EA file into the Experts folder.
• Restart MT4 to load the EA.

🔺Attach EA to a Chart

• Open any major currency pair chart (recommended: EURUSD, GBPUSD).
• Use H1 timeframe (as per support/resistance logic).
• Drag the EA to the chart and enable AutoTrading.

🔺Recommended Settings for Optimal Performance

🟢 Money Management

• Use Money Management = true
• MM Risk Setting = 1.3 (for balanced risk)
• Fixed Lot Size = 0.01 (fallback for micro accounts)

🟢 Entry Logic

• Period for S/R Algo = H1
• Channel Period = 25
• Look Back Period = 200
• Max Pending Orders = 6
• Min Trade Spacing = 0.1 pips

🟢 Exit Strategy

• Target Profit = 50.0 (5 pips)
• Stop Loss = 22.0
• Trailing Stop = 1.0, Trail Step = 0.1
• Break Even Activation = 1.8, Pips to Lock In = 0.8

🟢 Time Filters & Holidays

• Close Trades on Friday = true
• Rollover Protection = true
• Trade NFP Friday = false, Trade Xmas Break = true
• Xmas Break / Return Days = 15 / 3

🟢 Execution Settings

• Max Spread = 18.0 (1.8 pips max spread)
• Magic Number = 696581 (for trade tracking)
• FIFO Friendly = false (not for US brokers)

🔺Start Trading
Once configured, Silicon Falcon EA will begin trading automatically with precision entry logic, secure exits, and built-in time/holiday risk filters.

Conclusion

In summary, Silicon Falcon EA is a powerful, professional-grade Expert Advisor (EA) designed for MetaTrader 4 (MT4) users who seek smart risk control, high adaptability, and full compatibility with prop trading firm rules. Developed by Joseph Smith, a highly respected MQL5 developer with over 10 years of experience and a proven track record of top-rated trading tools, this EA delivers intelligent trade management, robust capital protection, and reliable performance in both trending and volatile market conditions. Ideal for serious traders aiming for long-term profitability, Silicon Falcon EA is a strategic solution that blends automation, precision, and compliance with industry standards.

>>> Reviewed by Jason Stap <<<