IVA FTMO V1.0 EA MT4

Description

IVA FTMO EA MT4

The IVA FTMO EA MT4 is an advanced automated trading tool designed for MetaTrader 4 (MT4). It strategically places pending limit orders on both sides of the market at predetermined times, ensuring efficient trade execution. Utilizing an adaptive price channel, the EA opens trades when the price reaches the limit order level and closes them upon reaching the channel’s center.

This review evaluates the IVA FTMO EA  effectiveness, risk management capabilities, and trading performance. By analyzing its strengths, limitations, and features, traders can determine its suitability for their trading strategies.

Iva FTMO EA Trading Strategy

The Iva FTMO EA automates the trading process by executing limit orders within a specific trading window, typically between 17:00 and 24:00. These pending orders are placed at a defined distance from the asset’s market price, ensuring strategic trade execution. If the market price reaches a limit order level, the EA opens a position and tracks it until it converges with the adaptive price channel’s center.

Key Features of the Trading Strategy

✔ Multi-Currency Trading – The EA efficiently trades multiple currency pairs using a single chart setup, enhancing flexibility.
✔ FTMO Randomizer – Generates unique trades with varying stop-loss (SL) and take-profit (TP) values, ensuring compliance with proprietary trading firm requirements.
✔ Slippage & Spread Filter – Minimizes trading costs by filtering trades based on market conditions.
✔ Cost Averaging & Martingale Integration – Implements cost averaging and martingale techniques to manage trades when price movements are unfavorable. However, traders should exercise caution when using these tactics due to their inherent risks.

Although these strategies can enhance profitability, they also introduce risks. Martingale tactics, which involve increasing position sizes after losses, can result in significant drawdowns if not carefully managed. Similarly, reliance on cost averaging may lead to excessive losses if the market moves against the trader. Proper risk management and demo testing are crucial before deploying this EA in live trading.

Iva FTMO EA Features

✔ Strategic Trade Execution – Places pending limit orders at optimal distances from the market price to maximize trade efficiency.
✔ Adaptive Price Channel – Trades are monitored and closed at the channel’s center for optimal profit realization.
✔ Martingale & Cost Averaging – Implements advanced trading techniques to recover from unfavorable price movements.
✔ Multi-Currency Support – Trades multiple currency pairs while requiring only one chart for streamlined operation.
✔ Adjustable Trading Window – Operates within a designated time frame (17:00 – 24:00).
✔ Built-in Risk Management – Features slippage and spread filters to prevent high trading costs.
✔ FTMO Compliance – Developed to align with FTMO challenge parameters and proprietary trading firm requirements.
✔ News Filter Integration – Avoids volatile market conditions by restricting trades during high-impact news events.
✔ User-Friendly Interface – Simplified configuration with no requirement for GMT adjustments.

Iva FTMO EA Settings & Configuration

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