Market Wizard
- Experts
- Anna Poraj
- Version: 2.21
- Updated: 29 August 2023
- Activations: 20
Market Wizard is a fully automated Expert Advisor developed with AI technology from ChatGPT. As the sole developer, I have designed this EA to trade a selected group of currency pairs: CADCHF,AUDCAD,USDCAD,GBPCAD,USDCHF,AUDCHF. Each symbol is analyzed using a combination of technical indicators and market analysis to identify trading opportunities. Please note that trading always carries a level of risk, and past performance does not guarantee future results. Market Wizard is designed for a single chart. Once you've attached it to CADCHF H1 it will trade all the other symbols automatically. The EA continuously monitors the currency pair, scanning the markets for trading opportunities. One of the key features of Market Wizard is its automation, allowing traders to free up their time while the EA executes trades on their behalf. In conclusion, Market Wizard offers a new approach in the forex trading world. If you are looking to enhance your forex trading, then this could be a suitable choice for you. With its AI technology and trading strategy, it aims to deliver consistent results for its users.
Live Signal is available here: /zh/signals/1935609
Summary:
- Single chart setup - please attach it only to one CADCHF1 chart
- Compatible with prop accounts
- Developed to trade 6 different currency pairs
- Does not use risky strategies like grid or martingale
Inputs:
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Inputs should be easy to understand. However, I've noticed that Stop Loss & Take Profit Multipliers can cause some confusion. Here's an example of how they work: If there is a trade with potentially 100 points profit and if you set Take Profit multiplier to 0.8, then while placing a trade this value will be automatically changed to 80. The same logic applies to Stop Loss Multiplier. It is useful input for those who want to have unique Stop Loss and Take Profit values for every trade or if they wish to lower Take Profit or increase Stop Loss.
I highly recommend this. EA very accurate and profitable trades , they only need a bit of handling according to market conditions , I recommend to do visul bactests to find setting that work best for your account size and type. I have passed 3 FTMO challenges of 100K using this EA setting the risk at 2.5 . I n 10 to 15 days with a bit of luck , the market giving good opportunities you ll reach your target . You have to be patient and wait till Market Wizard opens a trade , it will determine the lot size according to risk and prospect of the trade . I found it so accurate in this regards. The Balance & Equity curves wont have any big DD steps that will fail your test just dont set the risk higher than 2.5 and dont increse the lots to much 3 and 6 lots should do . I mean for FTMO. always watch your trades and put a manual BE as soon as you reach 40% of your TP and prepare to close if you are 80-90% just in case the market reverses your trade because of News or any other event not the EAs fault. Anna is the most supportive developer ,she answers immediately . This EA trades only good opportunities which gives you plenty of free time for your daily life because it only opens quality trades. I am not an Affiliate or get any revenue from this review I just write what is fair to acknoledge.