Question 1

What type of strategy does Shark Expert Advisor MT4 use?

Accepted Answer

It is a pattern-based scalping/trend EA that focuses on Shark patterns on M15 and H1 timeframes.

Question 2

What is the risk level?

Accepted Answer

Low to Medium. The default risk is 0.5% per trade, which is quite conservative. However, the SmartLotSize = 30 is aggressive — we recommend lowering it to 10–15 for safer trading.

Question 3

Does it use Martingale or Grid?

Accepted Answer

No. It is a clean pattern-based system with proper risk management.

Question 4

Is it suitable for beginners?

Accepted Answer

Yes. The default settings are relatively safe and easy to use. Always test on a demo account first.

Question 5

Which pairs work best?

Accepted Answer

The 6 pairs included by default (EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDJPY) are well-optimized.

Shark Expert Advisor MT4Premium

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