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South East EA FAQ – My Trading – 26 December 2022

Byadmin

Dec 26, 2022
South East EA FAQ - My Trading - 26 December 2022

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(1)I’m using the EA South East, since today, I’ve loaded the set files. But the AudCad trades from your signal won’t open on me. What could be the reason? Thanks
Answer:
Hi, Thank you for using SEA EA.
SEA does not use indicators but is based on volatility and uses global variable as an indicator. the use of the global variable base on volatility really depends on when the sea is attached to the chart, and when it is attached to the chart, the sea starts collecting data that will determine the entry point and as a result all sea users will not get the same trade pair.

(2)how much time does it take for the EA(s) to start taking trades? 
Answer:
SEA is very dependent on the volatility of the forex market, if the market is very calm, then you need 1-2 weeks for the 1st trade, but if it is very volatile, then 1-2 days are enough to make the 1st trade.

(3)do i have to change the WorkingTimeFrame. in each setfile it is with 1 hour. but the timeframe for the chart is for example 30M
Answer:
no, you don’t need to change the WorkingTimeFrame. A detailed explanation of the working timeframe can be read on the blog.

(4)when I buy you EA, do i get all the setfiles to use it at MT4… i saw you are using a lot of pairs… do i have to attach all pairs in my mt4?
Answer:
Yes, you will get the setfile and you have to set up all the fx pairs that have the setfile one by one because the SEA EA is not a one chart set up ea.
You can get the setfile and read the details on the blog

(5)I’am doing some backtesting upon 1k usd account
what i found is with 1k account within a year est profit somewhere 50%-100%, and it bit strange where i found out ur live account project abit different from what i backtested.
Answer:
SEA has self-adaptive capabilities, which makes live trade results different from the backtest. You can read the explanation on the blog

(6) Can the South East EA work on currency pair with suffix,such as EURUSD.c? If it can, do I need any special setting?
Answer:
SEA EA works perfectly on brokers with suffix.

(7)south EAST is semi auto EA?
Answer: no, it is fully automatic EA

(8) What is the minimum balance required?
Answer : you can start with a starting balance of 500 $

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Image and article originally from www.mql5.com. Read the original article here.