Introduction
EA Super 8, developed by Vitali Vasilenka, is an aggressive trading robot designed to control every trade with a no-loss system. With a rating of 4.61 and a mix of user reviews, this EA has sparked both interest and skepticism in the trading community. Let's dive into its features, analyze its performance, and weigh its pros and cons.Description of Features
EA Super 8 boasts several key features:- Trend Detection: Utilizes a unique algorithm to identify trend directions on M30 to H1 timeframes.
- Trade Execution: Opens trades based on detected trends with a minimum profit target.
- Risk Management: Requires a minimum account balance of $1000 per pair and calculates lot size as 0.01 lot per $1000 of deposit.
- Settings and Configuration: Allows configuration of trading pairs, timeframes, lot sizes, and minimum account balance.
- Performance Optimization: Optimized for VPS usage to minimize latency.
- Logging and Reporting: Provides detailed logging and performance metrics.
- Error Handling: Includes robust error handling to manage unexpected market conditions.
Performance Analysis
The performance of EA Super 8 over the past year has been a mixed bag. Some users, like 'ozcanozdamar' and 'expojesse', have reported excellent results, praising its profitability and effectiveness. However, others, like 'azraell35', have experienced significant losses and raised concerns about issues like repainting and high drawdowns. The EA's aggressive trading style can lead to quick profits, but it also carries substantial risks.Pros and Cons
Pros:- Innovative trend detection algorithm.
- Configurable settings for flexibility.
- Detailed logging and reporting.
- Optimized for VPS usage.
Cons:
- Inconsistent performance reported by users.
- High drawdowns and repaint issues.
- Aggressive trading style may not suit all traders.
- Requires constant monitoring and adjustments.
Conclusion
EA Super 8 offers an intriguing mix of features and potential, but it's not without its flaws. Its aggressive trading style and innovative trend detection algorithm can be appealing, but the inconsistent performance and user-reported issues warrant caution. Traders should thoroughly test the EA on a demo account before committing real money and be prepared for the risks involved.Source Code of EA Super 8
We don't have access to the original source code of EA Super 8 sold on MQL5, but we can create a code based on its description. The example code provided by easytradingforum.com is based on the features described on the MQL5 website. Note that the EASY Trading Team does not sell EA Super 8; we only created a code based on its description.
Code:
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