Pirate EA V2.56: Master the Forex Seas

The Pirate EA V2.56 is an expertly designed trading algorithm that navigates the volatile waters of the forex market with precision. This EA is crafted to maximize your trading potential by strategically identifying and capturing the most lucrative trades. Whether you’re a seasoned trader or new to the forex world, the Pirate EA offers a robust solution that brings consistent results with minimal risk.

Minimum Deposit

Minimum Deposit: $300
Recommended Deposit: $1000
Account Type: Standard or ECN

Time Frame to Run

Preferred Time Frame: M15
Market Conditions: Trending or ranging markets

pirate ea v2.56

pirate ea

pirate ea v2.56

Suitable Currency Pairs

The Pirate EA is versatile and can be used across various currency pairs, but it performs exceptionally well with the following:

EURAUD, CHFJPY, EURCHF, EURGBP, AUDCHF, CADCHF, USDCHF.

Strategy Overview

The Pirate EA V1.0 employs a sophisticated trading strategy that combines technical indicators, price action analysis, and dynamic market adaptation. Here’s how it navigates the market:

Trend Identification: The EA starts by analyzing the overall market trend using moving averages, MACD, and RSI indicators. It identifies strong trending conditions where the price is either consistently rising or falling, ensuring that trades are taken in the direction of the trend.
Entry Points: Once a trend is confirmed, the EA waits for a retracement to key Fibonacci levels or support/resistance zones. This is where the Pirate EA excels—by entering trades at optimal points where the risk is minimized, and the reward is maximized.
Dynamic Stop-Loss and Take-Profit: The EA calculates the stop-loss (SL) and take-profit (TP) levels based on the average true range (ATR) and market volatility. This ensures that the SL and TP levels are adaptive, providing protection against sudden market shifts while allowing profits to run when the market is in your favor.
Risk Management: One of the key features of the Pirate EA is its robust risk management system. It limits exposure by only risking a small percentage of the account balance per trade, typically between 1-2%. This conservative approach helps preserve capital during periods of market uncertainty.
Trade Management: The EA actively manages open positions by trailing stops to lock in profits as the market moves in your favor. It also employs a break-even strategy, moving the stop-loss to the entry point once the trade has moved a certain distance in profit.
Hedging Capability: For traders who prefer to hedge, the Pirate EA includes an optional hedging strategy. This feature allows the EA to open a counter-position when the market moves against the original trade, minimizing potential losses and providing an opportunity to recover.
Scalping and Swing Trading: Depending on the time frame and market conditions, the Pirate EA can adapt to both scalping and swing trading strategies. On shorter time frames (like M30), it operates as a scalper, capturing small price movements with high frequency. On higher time frames (like H4), it acts as a swing trader, holding positions for longer periods to capture more significant market moves.
News Filter: To avoid volatile market conditions during major economic events, the EA includes a news filter that prevents trading during high-impact news releases. This reduces the risk of slippage and ensures that trades are only taken during more stable market conditions.

Key Features

Fully Automated: The Pirate EA operates 24/7, scanning the market for trading opportunities without requiring manual intervention.
Customizable Settings: Users can adjust parameters such as lot size, risk percentage, and trading hours to match their trading style and risk tolerance.
Compatibility: Compatible with the MetaTrader 4 (MT4) platform, the Pirate EA can be used on any broker that supports MT4.
Backtesting and Optimization: The EA comes with backtested results and optimized settings, ensuring that it performs well under various market conditions.

Download and Support

Download: You can download the Pirate EA V1.0 from our official website: ForexFC.
Support: For any questions or assistance, join our Telegram community: https://t.me/yoforexrobot.

We have a number of Home Delivery services available to you. Availability of these options will be shown at checkout.

Delivery Service	Description	Please Note	Price
Standard	Within 3-4 working days (07:00 - 19:30hrs)	Weekdays Only (only applies to orders placed before 6pm)	$3.95
Express Delivery	Next Working Day (08:00 - 18:00hrs)	Weekdays Only, applies to orders placed before 4pm Mon-Thurs, before 3pm on Fri & before 2pm on Sat (no Sunday deliveries)	$5.95
Premium Delivery - DPD	Next Working Day (07:00 - 19:30hrs)	Weekdays Only, applies to orders placed before 4pm Monday-Thursday. (Orders placed after 4pm Thur - Sunday before 1pm, will be delivered Monday)	$6.95
Large Parcel Delivery	Within 3-5 working days (07:00 - 19:30hrs)	Weekdays Only (only applies to orders placed before 6pm)	$14.95
Premium Saturday Delivery	Saturday Delivery (07:00 - 19:30hrs)	Delivered Saturday with a 1 Hour delivery slot and Tracking. (only applies to orders placed on Friday before 2pm)	$7.95
Premium Sunday Delivery	Sunday Delivery (07:00 - 19:30hrs)	Delivered Sunday with a 1 Hour delivery slot and Tracking. (only applies to orders placed on Friday before 2pm)	$7.95

Customers reviews

There are no reviews yet.

Be the first to review “Pirate EA V2.56”