Which trading platform is required for this Expert Advisor (EA)?
Only Metatrader-4 (MT4) terminal.
Can I trade with Forex Sugar on MAC?
Forex Sugar works only in Metatrader-4 (MT4) terminal, and MT4
is created for Windows only. But you can use VPS service to use MT4 and Foerx Sugar
with MAC OS without any problem.
Can I use Forex Sugar EA with other Expert advisors in same
account?
Yes, Forex Sugar uses Magic number. With the help of Magic number
it recognizes it's own trades and doesn't interfere in other trades in your account.
Can I use this EA with any broker?
Yes, this EA can be used with almost all forex brokers, who
provides Metatrader 4 (MT4) platform for trading.
My broker doesn't allow hedging. Can I still use Forex Sugar
EA?
Yes, ofcourse. It works well with both type of brokers. You
can set Hedging=True/False in EA settings.
Do I need to have any particular account type for this EA?
EA works well with all account type like Cent, Micro or
Standard.
Do I need VPS for this EA?
If you have fast computer with all time internet(24 hours),
then you don't need VPS.
Which Account leverage is recommended for this EA?
It can work with all kind of Account leverages. We recommend
higher leverage like 1:500.
Does spread impact on the working of the EA?
Tight spread is always good for the working of any EA. Zero
or low spread with commission will also work well.
Does Stoplevel/Freeze level impact on the working of the EA?
It's not a problem with this EA.
Which currency pairs can I trade with?
You can trade almost all currency pairs with this EA, but good
results can be seen on EURGBP, XAGUSD(silver), XAUUSD(gold), AUDUSD.
What Time Frame is recommended for this EA?
M15 (Minute 15).
Does EA use Stop Loss & Take Profit?
Yes, EA is using SL & TP.
How to install Forex Sugar EA on Metatrader 4 terminal?
Whats are the best & optimum settings for Forex Sugar EA?
This EA is already optimized for best results. You can use it
with it's default settings.
Is this EA customizable?
Yes, EA is well customizable by the user. We have given access
to you for all important parameters. You can see their values and can change at
your end, although all defaults values are already optimized for profitable results.
This EA reacts on News and EA is getting news from Forex Factory So for this you must have to set correct GMT_Offset,
otherwise EA will not react to the news on correct time. You can ask your broker
for his GMT_Offset
How many trades can expect per day?
Number of trades per day depends. It can vary 5 to 20 per day for a single currency
pair.
How much can I make?
30% to 100% or even more than this per month.
What is minimum capital requirement for this EA?
Minimum $500 with a leverage of 1:500.
What is trading strategy of the EA?
This EA does scalping, with the use of some technical indicators
and mathematical calculations. EA reacts on News (Low, Medium and High impact news)
release well.
Is it Martingale or Grid EA?
EA is neither Martingale nor grid based. EA is using some Technical
Indicators and calculations in order to take its trading signals.
Will I get updated versions FREE in future?
Sure, Updated / enhanced versions of the Forex Sugar EA will
be provided to all clients FREE of charge.
Do I need any special knowledge of the Forex market etc. to
use this EA successfully?
No, you don’t need to have any exceptional knowledge of the
Forex market to use Forex Sugar.