Galaxy PropFirm EA MT5 Review
Galaxy Prop Firm EA MT5 is a fully automated trading robot designed for the MetaTrader 5 platform. It uses a trend trading strategy on the H1 timeframe, allowing traders to take advantage of market trends and benefit from rising and falling asset prices. The EA is suitable for prop accounts like FTMO and supports trading across eight currency pairs, including NZDCAD, EURCAD, USDCHF, AUDUSD, CADJPY, EURCHF, EURJPY, and GBPNZD.
Galaxy Prop Firm EA Key Features
- Trend Trading Strategy: Galaxy Prop Firm EA MT5 operates on the H1 timeframe, enabling traders to capitalize on market trends.
- Multi-currency Algorithm: The EA trades simultaneously on eight different currency pairs, increasing profitability and reducing trading drawdown.
- Easy to Use: The trading robot is user-friendly, requiring installation on only one quote window to trade on eight different assets.
- Money Management: The EA features automatic money management, calculating the risk on each trade to minimize risk and maximize reward.
- Stop Loss Orders: Galaxy Prop Firm EA MT5 uses stop loss orders to ensure that trades are always safe and profitable.
- Suitable for Prop Accounts: The EA is designed to work with prop accounts like FTMO, making it an excellent choice for traders participating in funded trading challenges.
Galaxy Prop Firm EA MT5 has shown impressive results in live trading, yielding about 20-40% profit per month. The EA has also demonstrated excellent performance in backtesting, with results closely matching those of live trading.
Ease of Use
The trading robot is easy to set up and use, requiring installation on only one quote window to trade on eight different assets. Money management and other settings can be adjusted in just a few clicks.
- Fully automated trading robot
- Trend trading strategy on the H1 timeframe
- Trades on eight different currency pairs
- Automatic money management
- Stop loss orders for safe and profitable trading
- Suitable for prop accounts like FTMO
- Limited to the MetaTrader 5 platform
- May not be suitable for traders who prefer other trading strategies or timeframes
Galaxy Prop Firm EA Conclusion
Galaxy PropFirm EA MT5 is a powerful and reliable trading robot that offers a unique trend trading strategy and a range of features to help traders succeed in the fast-paced world of forex trading. With its multi-currency algorithm, easy-to-use interface, and compatibility with prop accounts like FTMO, Galaxy PropFirm EA MT5 is an excellent choice for traders looking to take their trading to the next level.