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Silicon Falcon EA

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Silicon Falcon EA v2.1 The revised and new version that will bring you high profits

Trading Using Support and Resistance
At the heart of the Silicon Falcon EA v2.1 operation is its utilization of support and resistance levels. These levels, which represent the price points at which a currency pair’s price movement is expected to pause due to increased supply (resistance) or demand (support), can dictate trading strategies and decision-making.

The Silicon Falcon EA stands apart from the pack by opening pending orders both below and above these critical levels. This proactive approach allows traders to prepare for potential price fluctuations and act swiftly when these shifts occur, ensuring they are always ahead of the curve.

Recommendation for Silicon Falcon EA v2.1
Minimum account balance of 100$.
Work best on EURUSD. (Work on any pair)
Work best on H1 TimeFrames. (Work on any time frame)
The Silicon Falcon Expert Advisor should work 24/7 on VPS to reach stable results. So we recommend running this free forex EA on a reliable VPS
Low Spread ECN account is also recommended

 

Silicon Falcon EA v2.1 Settings

Use Money Management – If true automatic lot sizing is employed
MM Risk Setting – Risk Setting to be used if money management is employed
Lot Size – Fixed Lot size if money management isn’t used
Period for S/R Algo
Algo Alpha- First Channel Size Start in Bars
Algo Beta – Broad Sweep Bars
Max Pending Orders – As Stated
Min Trade Spacing – As Stated
Front Run (Pips) – Always Front Run Entries in real world
Exit Choice – Broker or Hidden Exits
Target Profit – Target Profit Pips
Stop Loss – Stop Loss Pips
Trailing Stop – Trailing Stop Pips
Trail Step – Trail Step Pips
Break-Even Activation Pips – Price must be this far into profit for breakeven activation
Pips to Lock In – Pips to lock in with breakeven activation
Use Partial Close – Set to faithful close positions at multiple exit targets.
Position Percentage to shut – Percentage of the first position to shut at each target
Min Profit Pips – Minimum amount of pip before the first exit
Pips Between Closings – Number of pips into profit between closings
Use Trading Hours – Set faithful use trading hours
hour to start out out Trading – Hour to start trading (Use broker time)
hour to prevent Trading – Hour to prevent trading (Use broker time)
Friday Exit Hour – Hour to prevent trading on Friday and exit trades. (Use broker hour)
Trade NFP Friday – T/F
Trade Thursday Before NFP – T/F
Trade Christmas Break – T/F
Day to start Break – 15 (15th of December as an example)
Trade New Year Holiday – T/F
Day To Return After Break – 3 (3rd of January as an example)
Trade Comment – Comment to be sent with trades
Use Avg Spread as Max Spread – Uses Average Spread (counted from filled orders) for Max Spread Calculation
Min Trades Filled Before Spread Calculation Will Occur (max spread value utilized in meantime)
Amount to Pad Avg Spread (Pips) – Add This Number to Avg Spread to urge Max Spread Calculation
Max Spread – Used Before Enough Filled Trades and Also When Avg Spread isn’t Used
Max Spread – Max Average Spread (Last 20 ticks) allowed before pending orders are going to be placed within the market
Spread outing – Until (Next Bar as Example)
Max 1 Min Spike Size – Set Pips for Max Spike Size Allowed on 1 Min Time-Frame
FIFO Friendly – Enable for FIFO Brokers
Use Striker – Secret Algo for More Trades
Magic Number – Use a singular number for every strategy on any additional instance of Apex running on an equivalent account and currency pair.

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