CrownPrinceFx EA MT4 vs SetFiles (Unlimited)

What’s CrownPrinceFx EA?

Crown Prince FX EA is a cutting-edge automated trading system developed for the MetaTrader 4 (MT4) platform. Designed for precision and performance, this expert advisor utilizes advanced algorithms to analyze market trends, pinpoint profitable opportunities, and execute trades seamlessly on behalf of the trader.

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CrownPrinceFx EA Features

1. Key features:

• Fully Automated Forex Trading: Streamline your trading process and reduce the influence of emotions.

• Precise Time-based Execution: Benefit from highly accurate trade timing for better decision-making.

• Automated Trade Handling: Seamlessly place trades, set stop-loss and take-profit levels, and modify positions based on configured block order parameters.

• Risk and Capital Management: Utilize features like trailing stops and dynamic block order adjustments to safeguard your investment and optimize returns.

• Adaptive Trading Strategies: Respond to changing market dynamics with flexible strategies designed to maintain consistent results.

• Personalized Configuration: Customize risk settings, order volume, and other parameters to align with your personal trading goals and preferences.

2. Additional features:

• Automatic Stop Loss Calculation: Reduce exposure by placing stop orders triggered by specific market conditions.

• Intelligent Breakeven Adjustment: Enhance efficiency by modifying breakeven points based on market fluctuations.

• Smart Capital Allocation: Avoid high-risk tactics like Martingale or Grid strategies for safer long-term growth.

• Trading Volatile Currency Pairs: Boost profit opportunities by focusing on diverse, low-correlation forex pairs.

• Optimized Pair and Timeframe Selection: Achieve better outcomes by following recommended trading pairs and timeframes.

• Leveraging Trends and Reversals: Maximize returns by capitalizing on both rising and falling market movements.

How does Crown Prince FX EA work?

• Market Scanning: The EA analyzes the market using a combination of technical indicators and sophisticated algorithms to identify potential trading signals.

• Automated Trade Entry: When a favorable setup is detected, the EA initiates the trade automatically, placing both Stop Loss (SL) and Take Profit (TP) levels.

• Comprehensive Risk Control: It incorporates strong risk management strategies to limit potential losses effectively.

• Profit Optimization: The EA actively monitors price movements and fine-tunes open positions to enhance profit potential.

CrownPrinceFx EA Review

1. CrownPrinceFx EA on Myfxbook

CrownPrinceFx EA’s real-world trading performance has been rigorously tracked and verified on Myfxbook over a 7-month period, delivering outstanding results. Starting with a verified capital of $15,000, the account recorded an exceptional total gain of +1,323,533.07%, with an average monthly return of 114.87%. The EA is carefully fine-tuned to not only maximize profit but also manage risk effectively, maintaining a drawdown of just 24.46%.

2. CrownPrinceFx EA Backtest

The 2024 backtest of CrownPrinceFx EA demonstrated remarkable performance, particularly on the EUR/USD pair using the M15 timeframe. The advisor consistently maintained a safe risk profile while optimizing profitability.

With an initial capital of $100 over 11 months of uninterrupted trading, the EA generated a total profit of $188, while keeping maximum drawdown at 20.76%. It also achieved an impressive win rate of 94.57% across all executed trades.

In a separate backtest using an initial capital of $500 over a period of 6 consecutive months, CrownPrinceFx EA generated a total profit of $1,539. The strategy maintained a controlled maximum drawdown of 22.99% while achieving an outstanding win rate of 94.74% across all trades executed.

In another backtest conducted over 6 months of uninterrupted trading with a starting capital of $1,000, CrownPrinceFx EA achieved a total profit of $3,025. The strategy maintained effective risk control with a maximum drawdown of 23.06%, while delivering an impressive win rate of 94.83% across all executed trades.

A further backtest with an initial capital of $2,000 over 6 months of continuous trading resulted in a total profit of $8,139. The EA sustained a well-balanced approach to risk, keeping the maximum drawdown at 27.21%, while maintaining a solid win rate of 94.22% throughout all trades.

The EA Settings

In the Downloads folder, there are:

The download package of the product suite includes:

• Experts: CrownPrinceFx EA.ex4
• Indicators: indicators.ex4
• Presets:
  • CrownPrince EA.set
  • EURUSD_$100.set
  • EURUSD_$500.set
  • EURUSD_$1000.set

  • EURUSD_$2000.set