Question 1

What type of strategy does Mockingjay Trend EA MT4 use?

Accepted Answer

It is based on Elliott Wave Theory, specifically entering during the second correction wave to profit from the powerful third wave impulse.

Question 2

Is it safe to use?

Accepted Answer

Yes. It avoids Martingale, uses a fixed Stop Loss on every order, and limits the maximum number of open orders to 3.

Question 3

What is the risk level?

Accepted Answer

Low to Medium — thanks to the fixed lot size, limited order quantity, and fixed Stop Loss protection.

Question 4

Does it use Martingale?

Accepted Answer

No. The EA strictly avoids Martingale and lot escalation after losses.

Question 5

Which pairs and timeframe is it optimized for?

Accepted Answer

It is designed for GBPUSD, XAUUSD, and USDJPY on the M15 timeframe.

Question 6

Is it suitable for beginners?

Accepted Answer

It can be used by intermediate traders. Beginners should test thoroughly on a demo account first and start with smaller lot sizes.

Mockingjay Trend EA MT4Premium