Spartan Bolt EA is a completely automatic trading system which works is based on the principle of scalping. This means that the adviser is meant to get a series of small profits during short periods of time. This circumstance makes the adviser a scalper type. On MetaTrader4 trading terminal with the default settings, on the timeframe M1 with the EUR/USD currency pair the adviser shows very high effectiveness of committing profitable transactions. But Spartan Bolt EA can also be used with longer timeframes and other highly liquid currency pairs, such as GBP/USD and USD/JPY.
The adviser uses the trading strategy Spartan in its work and applies two indicators to analyze the situation on the financial market. The adviser allows a trader to open a large number of trading orders simultaneously. The number of allowed trading orders depends on the chosen timeframe. The main profit with the usage of Spartan Bolt EA is formed of a large number of closed profitable transactions, which allows the terminal to compensate dangling unprofitable trades. Absolutely all the profit fixation is made only according to take-profit, adjusted in the settings.
Spartan Bolt EA is likely one of the most well-known and widespread foreign exchange advisers on the fashionable on-line forex markets. The adviser is a very automated buying and selling system which works relies on the precept of scalping. Because of this the adviser is supposed to get a sequence of small earnings throughout brief intervals of time. This circumstance makes the adviser a scalper sort. On MetaTrader4 buying and selling terminal with the default settings, on the timeframe M1 with the EUR/USD forex pair the adviser exhibits very excessive effectiveness of committing worthwhile transactions.
However Spartan Bolt EA will also be used with longer timeframes and different extremely liquid forex pairs, reminiscent of GBP/USD and USD/JPY. The adviser makes use of the buying and selling technique Spartan in its work and applies two indicators to research the state of affairs on the monetary market. The adviser permits a dealer to open a lot of buying and selling orders concurrently.
The variety of allowed buying and selling orders is dependent upon the chosen timeframe. The primary revenue with the utilization of Spartan Bolt EA is fashioned of a lot of closed worthwhile transactions, which permits the terminal to compensate dangling unprofitable trades. Completely all of the revenue fixation is made solely in keeping with take-profit, adjusted within the settings.
| Spartan Bolt EA EA Rating | 2.26 |
| Yield per annum | 10.23% |
| Max drawdown per annum | 18.47% |
| Developer | Spartan Bolt |
| Created, year | 2013 |
| Free | |
| Class | short term |
| Type | scalping |
| Lot size | not less than 10000 units per 0.1 of a standard lot |
| Deposit | $1000 |
| Leverage | 100 |
| Timeframes | from M1 and higher |
| Strategies | Spartan |
| Indicators | non-indicator |
| Recommended brokers | FiatVisions, Kowela, Financial Centre |
| Trading tool/currency pairs | EURUSD, GBPUSD, USDJPY |
| Automatic account type | |
| Indicating | |
| Multiple usage | |
| Mini deposits | |
| Max risk limitation | |
| ECN | |
| NDD | |
| Several one-way series | |
| Auto start lot | |
| Fixed stop loss | |
| Fixed takeprofit | |
| Automatic lapse expansions |
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