Recruitment of participants FRZ No Nonsense Forex EA MT5

FRZ No Nonsense Forex EA MT5


FRZ No Nonsense Forex EA is an EA that uses a rule-based trading strategy with strict risk management techniques. We have decided on our algo/indicators and optimal settings after extensive back/forward testing on various indicators. The latest version of the EA is designed to work in the M15 timeframe.

Salient Features:
- Cloud-based Analytics: EA uses an external data server to analyze the fundamental and sentimental data, which will be used as entry criteria.
- EURO FX VIX: EA will automatically access the EURO FX VIX index from barchart.com and take that figure trade entries.
- Inbuilt news filter: EA will automatically access upcoming news from investing.com and avoid trading during news times. It also features a news spike guard where SL is tightened during news events if there are ongoing trades.
- Ranging market identification: EA has a unique algorithm that can effectively identify the ranging markets and avoid trading in them.
- Avoiding related pairs: EA will not take concurrent trades from relatable pairs. For example, if a trade is opened on EURUSD, then the EA will not open another trade that has either USD or EUR.



Recommended pairs Any currency pair with EUR, GBP, USD, AUD, CAD, JPY & NZD
Recommended broker
EA works with any forex broker. EA is FIFO compliant and supports US brokers as well.
Recommended deposit $500 Minimum on 500:1 leverage. If leverage is less than this, you may have to increase the minimum deposit. Cent accounts can also be used.