TAKEFAST 5.0 EA Review – Powerful and Profitable Forex Trading Robot

TAKEFAST 5.0 EA is a powerful and highly profitable forex trading robot designed specifically for the MetaTrader 5 (MT5) platform. With advanced algorithms, multiple customizable settings, and robust features for risk and money management, this expert advisor aims to generate consistent profits in all market conditions.

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Overview and Features

The core strategy of TAKEFAST 5.0 EA revolves around scalping short-term price movements on the major currency pairs like EUR/USD, GBP/USD, and USD/JPY. It uses a proprietary algorithm to identify potential trading opportunities by analyzing technical indicators like moving averages, RSI, stochastic, MACD, and Bollinger Bands.

Once a trade signal is generated, the EA opens a market order in the direction of the identified trend. It then manages the trade automatically by trailing stop loss, taking partial profits at predefined levels, and closing the trade when conditions change.

Some of the key features of this forex robot include:

  • Advanced algorithm for identifying high-probability setups
  • Multi-timeframe analysis for improved accuracy
  • Ultra-low latency order execution module
  • Effective stop loss and take profit management
  • Flexible position sizing and risk management
  • Detailed backtesting reports and account statistics
  • Regular updates and dedicated customer support

Performance and Test Results

Extensive backtesting reportedly shows that TAKEFAST 5.0 EA can generate over 20% in monthly returns with max drawdown contained below 10%. These stellar results have been validated through forward testing and live trading as well.

Below are some of the key metrics published by the vendor based on backtests conducted on EUR/USD over the last 3 years:

  • Total net profit: $84,330
  • Monthly average profit: $2,360 (20.3%)
  • Max drawdown: 9.2%
  • Profit factor: 2.21

While past performance is no guarantee of future results, these numbers do indicate the profit potential and consistency of this EA.

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TAKEFAST 5.0 EA Pricing and Purchase

TAKEFAST 5.0 EA is available for purchase on the developer’s website Forex4s.net for $49.

Considering the features, performance statistics, and quality of this trading robot, this is a very reasonable price that provides great value to forex traders.

The developer also provides full support and free updates to customers as the algorithm is refined further. There is a 60-day money back guarantee as well which allows ample time to test the product thoroughly.

TAKEFAST 5.0 EA Conclusion

Overall, TAKEFAST 5.0 EA is one of the top forex robots available today that combines an institutional-grade trading algorithm with robust risk management for steady profits.

While no EA can guarantee profits, the combination of advanced logic, numerous customization options, stellar backtest results, affordability, and responsive support makes this an excellent choice for traders looking to automate their trading.

It’s backed by consistently positive customer reviews and real-world results. So traders looking for a reliable and profitable trading partner will find great value in TAKEFAST 5.0 EA.

Author: Dominic Walsh
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I am a highly regarded trader, author & coach with over 16 years of experience trading financial markets. Today I am recognized by many as a forex strategy developer. After starting blogging in 2014, I became one of the world's most widely followed forex trading coaches, with a monthly readership of more than 40,000 traders! Make sure to follow me on social media: Instagram | Facebook | Linkedin | Youtube| Twitter | Pinterest | Medium | Quora | Reddit | Telegram Channel

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