Question 1

What is the Strategy Type?

Accepted Answer

It is a Trend-following + Range Breakout strategy.

Question 2

What is the Risk Level?

Accepted Answer

Medium. It uses fixed Stop Loss on every trade and does not rely on dangerous methods like Martingale or Grid.

Question 3

What is the recommended Account Type?

Accepted Answer

Hedge account is recommended. It works best on accounts that allow multiple positions.

Question 4

Which pair and timeframe is it optimized for?

Accepted Answer

Primarily optimized for XAUUSD, EURUSD, GBPUSD and other major pairs on the H1 timeframe.

Question 5

Is it suitable for beginners?

Accepted Answer

Yes. The default settings are well-optimized and easy to use.

Question 6

Is it fully automated?

Accepted Answer

Yes. After correct setup, it runs completely automatically.

Shark Surfer EA MT4Premium