Question 1

What type of strategy does Prey EA MT4 use?

Accepted Answer

It is a short-term extreme forecasting system that uses ZigZag-based dynamic calculations to predict nearby price extremes and trade potential reversals or continuations.

Question 2

Is it safe to use?

Accepted Answer

Yes. It avoids Martingale and averaging methods. Every trade includes mandatory Stop Loss and Take Profit.

Question 3

What is the risk level?

Accepted Answer

Medium — thanks to the moderate default MaxRisk of 5% and solid risk-reward ratio.

Question 4

Is the Risk-Reward ratio good?

Accepted Answer

Yes. With Stop Loss = 250 and Take Profit = 700, the EA offers a strong 1:2.8 risk-reward ratio.

Question 5

What does the ZZ Period setting do?

Accepted Answer

It controls the ZigZag indicator period used for detecting price extremes. The default (1 Minute) makes it very responsive to short-term price swings.

Question 6

Is it suitable for beginners?

Accepted Answer

It can be used by intermediate traders. Beginners should reduce the risk percentage and test thoroughly on a demo account first.

Prey EA MT4Premium

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