Steady MT4 is a fully automated EA mainly designed to trade EURUSD, EURJPY on the 1M time frame. The robot only needs a minimum deposit of 500$ to work and is usually being sold for $1499(LifeTime).
Let’s analyze this robot in full detail so that the Forex community understands how it works and if it should be trusted. If you have already used this robot; feel free to leave a review of your experience with this robot down below.
Steady MT5 work based on an adaptive price movement algorithm. It also has a built-in unique Smart Recovery algorithm. Only one trade at a time. Every trade has Stop Loss and Take Profit from the very beginning, and they do not change The EA does not use grid, martingale, or other dangerous money management methods. Steady EA only opens one trade at a time.
The most important part of an EA review is obviously the trading history. And for Steady EA Review, There is very little trading history to go on except for some screenshot of MQL5 signals which currently doesn’t exist. There are also no clear Myfxbook results to check. There are some impressive backtest screenshots. So, there isn’t much of a Live Trading history to go on.
Summary
Steady EA work based on an adaptive price movement algorithm. It also has a built-in unique Smart Recovery algorithm. It only opens one trade at a time. The EA does not use grid, martingale, or other dangerous money management methods. There is very little trading history to go on except for some screenshot of MQL5 signals which currently doesn’t exist.
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