What results can I realistically expect with FANATIC EA? +

Based on verified live tracking, 7-35 days of data shows 92-168% returns with 16-26% drawdown depending on capital size and preset selection. Performance varies significantly with starting capital ($500 vs $1,000+), settings choice (Conservative vs Aggressive), and market volatility. Short tracking period requires 60-90 day demo validation before assessing consistency. Past performance does not guarantee future results.

Why do traders choose FANATIC EA over other EAs? +

FANATIC EA provides verified live tracking across 28 currency pairs simultaneously versus single-pair systems requiring manual diversification. MyFxBook verification confirms actual execution rather than unverified screenshots. Transparent 25.55% peak drawdown documentation shows realistic risk versus marketing-only claims. Choose FANATIC EA if you prioritize verified multi-pair diversification with $1,000+ capital and accept grid recovery drawdown patterns. Choose single-pair EAs if concentrating capital on specific currency analysis with lower position count.

How does FANATIC EA work? +

Grid strategy places buy and sell positions at fixed pip intervals across 28 currency pairs (majors and minors). Positions open when price crosses grid levels defined by iTStart (200 pips initial) and iTStep (100 pips spacing) parameters. Exits occur via individual 25-point iTP targets or collective 350-point TP_Point when combined profit reaches threshold. Risk management uses 350-point SL_Point stops and Risk_Mode_Num_15_wait limiting simultaneous exposure. Position sizing follows preset lot configuration with Max_Active_Pairs: 28 controlling diversification breadth. Optimal during ranging markets with defined support/resistance across multiple pairs. Caution during coordinated currency moves (risk-off events) causing simultaneous directional pressure across correlated pairs.

What are the trade-offs I should understand with FANATIC EA? +

Multi-pair grid approach prioritizes diversification over concentrated single-pair returns, resulting in 16-26% drawdown as positions accumulate across pairs during corrections. This occurs because grid averaging requires price retracement across multiple markets simultaneously for recovery. Control via $1,000+ capital providing adequate position sizing headroom, Conservative preset with wider grid spacing (100+ pips), and ECN broker with <1.5 pip spreads minimizing cost across 28 pairs. With proper setup, expect steady diversified growth accepting periodic multi-pair drawdown phases versus single-pair concentration risk.

Who should use FANATIC EA? +

FANATIC EA works best for systematic traders with $1,000-1,500 capital seeking hands-off multi-pair diversification, and portfolio managers with $1,500+ capital allocating across automated systems. Requires intermediate MT4 experience, understanding of grid recovery mechanics, and ECN/STP broker with <1.5 pip spreads on all 28 pairs. VPS hosting mandatory for uninterrupted 24/7 operation across multiple currency pairs. Suits traders comfortable with 20-30% drawdown tolerance during coordinated market corrections and grid position accumulation phases.

How long before FANATIC EA pays for itself? +

Initial investment includes EA cost plus recommended $1,000 trading capital. Conservative estimate using Small account's 92% over 35 days (approximately 2.6% daily) suggests variable payback depending on capital size and market conditions. Actual timeline varies significantly with settings selection (Conservative slower but safer), market volatility (ranging vs trending), and capital allocation. Factor 3-6 month validation period before assessing true performance consistency given short tracking history.

What capital do I need to run FANATIC EA profitably? +

Minimum tested: $500 (higher risk—limited drawdown capacity per Small account). Recommended: $1,000-1,500 for safe operation across 28 pairs with Conservative settings. This capital allows proper lot sizing per pair, adequate room for 20-30% multi-pair drawdown without margin stress, and sufficient recovery capacity. Undercapitalization below $800 increases risk 50-70%—insufficient margin buffer when multiple pairs enter drawdown simultaneously during correlated market moves.

What are the main risks I should know about? +

Primary risk is 25-35% drawdown when multiple currency pairs trend simultaneously in unfavorable directions, causing grid position accumulation across correlated markets. This occurs during coordinated moves like USD strength across all pairs or risk-off events affecting multiple currencies. Mitigate through $1,000+ capital providing multi-pair position sizing headroom, Conservative preset with wider 100-pip grid spacing reducing position frequency, and ECN broker with <1.5 pip spreads minimizing aggregate spread costs across 28 pairs. Strategy includes Max_Active_Pairs limits and position management preventing runaway exposure. With proper capitalization and Conservative settings, expect 16-26% typical drawdown during normal volatility with systematic recovery as pairs revert within grid structures.

Which brokers work best with FANATIC EA? +

Requires ECN/STP brokers with <1.5 pip average spreads across all 28 currency pairs—spread costs multiply significantly across multi-pair operation. Low latency execution (<50ms) essential for accurate grid level entries across simultaneous pair signals. Avoid dealing desk brokers with 2.5+ pip spreads—performance suffers 40-60% due to aggregate spread costs across 28 positions. Recommended: IC Markets, Pepperstone, FP Markets for comprehensive pair coverage with competitive spreads. VPS hosting mandatory—eliminates connection interruptions affecting multi-pair position management during 24/7 operation.