The StorageFX EA comes with a flexible setup that allows both conservative and aggressive trading approaches:
- Lot Size Control: Traders can use a fixed lot (0.1) or risk-based lot sizing (1.0% per trade) for automated money management.
- Take Profit & Stop Loss: Default TP and SL are both set at 200 points, providing a balanced risk-to-reward ratio.
- Profit Locking: The EA supports No Loss (breakeven) at 100 points and trailing features to secure profits.
- Martingale System: Enabled with a multiplier of 1.5, allowing recovery trades with controlled risk.
These settings show that StorageFX EA is optimized for both stability and profit growth, with built-in mechanisms to protect accounts from extreme volatility.
Coverage and Customization
- The EA is designed for major Forex pairs such as XAUUSD, USD, EUR, GBP, CHF, CAD, AUD, and JPY.
- Color-coded interface parameters (Red, Blue, Lime, DeepSkyBlue) simplify visualization of signals.
- Adjustable history depth (default 100,000 bars) ensures robust backtesting.
Conclusion
The backtest setup of StorageFX EA demonstrates a well-structured risk management framework, combined with advanced filters and multi-timeframe strategies.
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