Question 1

What type of strategy does MarketFollower EA use?

Accepted Answer

It is a Trend-Following with Step Scaling strategy (pyramiding in the trend direction).

Question 2

What is the risk level of MarketFollower EA?

Accepted Answer

It is Medium to High Risk. Although it follows the trend, the maximum 30 orders and lot scaling can lead to significant drawdown during strong counter-trends.

Question 3

What account type is recommended?

Accepted Answer

Best on ECN or Raw Spread accounts with stable execution. Minimum deposit $500 is recommended.

Question 4

Can it trade multiple pairs?

Accepted Answer

Yes, it can be used on multiple currency pairs.

Question 5

Does it use Martingale?

Accepted Answer

No. It uses controlled lot scaling (0.6 step) only in the trend direction, not aggressive Martingale.

Question 6

Is it suitable for beginners?

Accepted Answer

It is better suited for traders who understand trend-following and grid-style EAs. Always test thoroughly on a demo account first.

MarketFollower EA MT4Premium

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