Frequently Asked Questions – SIMPLICITY EA
Will I get help installing and setting up the EA?
If you are unable to install and set up the EA or you encounter technical problems when using the purchased EA, I will support you remotely. In some cases, I will remotely connect via Teamviewer/ AnyDesk/ Ultraveiw to your computer or VPS to fix technical problems for you.
All my help for you is completely free, even when it takes me hours to solve the problem for you.
Where can I order the EA?
Please click here to check out.
Where can I find more trading results?
What is YWY or YYB strategy?
The YWY/YYB strategies are very powerful manual trading systems that use 6 criteria for signal confirmation. The YWY and YYB strategies are also known as a more advanced version of the Agimat strategy. A detailed explanation of those strategies can be found here.
What is the required account size and the recommended lot size?
The EA allows trading on accounts with a small balance of $ 100.
The lot size depends on account size. Risk percentage (Simplicity EA) and fixed lot size (CPT EA) are available.
It is recommended to risk not more than 3% of the account balance for each trade.
What is the expected drawdown and ROI?
This is a question everyone wants to ask before starting to use an EA. The Simplicity EA is designed to trade the market in the safest and most efficient way possible. The EA uses a good trading strategy, it doesn’t use any risky trading strategies like Gridding, Martingale, Average, Hedging, etc. When the EA scans a valid YYB setup, it will check the economic news calendar. If all conditions are met, it opens a single trade with proper SL and TP.
With the use of advanced money management features available in the EA, and with a good trading winning rate (55% – 80%), your trading account risk is at the lowest level, just like it is managed by a professional trader.
When you manage your money well and trade consistently with the EA, you will achieve the expected return of investment (ROI).
What is the expected drawdown and return?
The EA is designed to trade the market in the safest and most efficient way possible. The EA uses a good trading strategy, it doesn’t use any risky trading strategies like Gridding, Martingale, Average, Hedging, etc. If all conditions are met, it opens a single trade with proper hidden SL and TP.
Based on backtesting and live trading results, the winning rate is 75% and higher and when running all recommended pairs using set files that come with the EA, the return per year can be from 40% to 150%. The drawdown is lower than 10%.
What is the best broker to run the EA?
The EA works fine on all brokers. Low spread accounts are recommended.
What is Telegram Group and YouTube Channel?
Active Telegram chatting groups are provided for all clients.
For Simplicity EA: Click here to join the Telegram Group.
For CPT EA: Click here to join the Telegram Group.
After purchase, a paid client will be added to an active private VIP Telegram group. In this group, we share the best set files, trading results, and experiences from using the EA. People in this VIP group are willing to help each other to get the best trading results with the EA.
Also, don’t forget to subscribe to my YouTube channel to get the latest updates and live trading results
What is Simplicity EA?
A fully automated version of YWY or YYB manual trading strategies.
The Simplicity EA is an MT4 expert advisor that can be used in two trading modes: Full automatic and semi-automatic.
In fully automatic mode: The EA automatically scans the YWY or YYB setups on the selected charts, then the EA automatically calculates lotsize and automatically sets the stop-loss and take profit level.
In semi-automatic mode: The EA automatically scans the YWY or YYB setups on the selected charts, then the EA produces pop up window on the terminal.
What does the package include?
- Installation file .exe (latest version of the EA, Indicators, Scripts)
- Best set files
- Pdf user manual.
What are the payment methods?
At the moment I accept only 3 following payment methods:
- Credit card (powered by PayPal)
What are the features of this Simplicity EA and what is news in this news updated version?
The Simplicity EA comes with TOP features, such as:
- Money management: Auto lot size calculation (risk percent), Auto Stoploss and Take profit, Fixed lot size, ATR Stoploss or Stoploss at last swing high/low, etc.
- High impact economic news filter.
- Auto exit trades on trend reversal
- Auto Trailing Stop
- Auto Breakeven
- Hidden stop loss and take profit
- Weekday filter
- Hours filter
- Alert and notification.
- Magic number and order comment are changeable.
- Please watch this introduction video to get more information.
Updated version (from V3.1):
- Average Daily Range (ADR) filter
- Trend confirmation using Currency Strength Meter (CSM)
- Trend confirmation on higher timeframe
- Enable to close part of a trade (Partial exit)
- Up to 5 different auto exit strategies
What are the best pairs and timeframes?
The best timeframe and pairs including set files will be available to you once you have purchased a license.
The EA trades with TP and SL?
Of course! The EA automatically sets TP and SL for every single trade.
- The CPT EA uses the hidden SL and TP
- The Simplicity EA uses the visual SL and TP.
Is the EA required to have a VPS?
Yes, it is. It makes so much sense to have the EA running on a VPS. You get a high-performance infrastructure with a stable internet connection.
Is it necessary to load all the indicators on the chart?
You can load them up, but it’s optional. The EA works without loading all the indicators or templates onto each chart. Loading too many indicators and opening multiple pairs at one time can slow down your PC or VPS performance. Therefore, I recommend letting the EA run only on naked charts (without indicators).
How many trading accounts can I sign up for using the EA?
After a one-time payment, you will receive a lifetime license for the current version of the EA. All updated versions will be provided for free. I guarantee there won’t be any extra fees.
You can register an unlimited number of your MT4 trading accounts (demo and live). For each account, you will receive a license activation key.
For how long will the trades be open?
Depending on the timeframe you choose to trade, a trade can be closed for the day or hold for a few days.
Does the EA fullfill FIFO rules
Do I have to pay for updates?
No, you don’t need to pay any other fees! All updates are free to all customers who have previously paid for the Simplicity EA.
Even if the update is sold at a price higher than the price of the version you previously purchased, there is no additional cost difference.
Can I run this EA with other trading systems (EA) on the same MT4 account?
Counter-question! Do you put gasoline and diesel in the same car? The EA needs its own MT4 station.
When you run the EA, you CAN close manually the trades opened by the EA.