Verified answers about MultiPair EA.

MultiPair EA: Can I choose which pairs the EA trades on?

Yes, absolutely. MultiPair EA gives you complete control over which currency pairs to trade. In the EA settings panel, you'll find individual on/off toggles for each of the five supported pairs: EURUSD, GBPUSD, EURJPY, CHFJPY, and EURCAD. This flexibility allows you to customize your trading strategy based on your preferences, account size, or market conditions. rnrnFor example, you might start with just EURUSD and GBPUSD to limit exposure, then gradually add more pairs as your account grows. You can also disable specific pairs during periods of high volatility or unfavorable market conditions. Each pair operates independently with its own risk management.

MultiPair EA: Is this EA compatible with prop firms?

Yes, MultiPair EA is designed with prop firm requirements in mind. The strategy includes strict risk management features that align with most prop firm evaluation criteria, including configurable maximum drawdown limits, controlled position sizing, and no martingale or grid techniques. However, it's crucial to verify compatibility with your specific prop firm before use, as rules vary significantly between firms. rnrnSome firms restrict EA usage entirely, limit trading during news events, or cap maximum lot sizes. The EA's built-in news filter and risk controls help meet common prop firm requirements, but you remain responsible for ensuring compliance with your particular firm's rules and passing their evaluation phases.

MultiPair EA: How are trades filtered during news?

MultiPair EA includes an optional built-in news filter that monitors the economic calendar and prevents trading during high-impact news events. When enabled, the EA automatically avoids opening new positions within a user-defined time window around major economic releases, typically 15-30 minutes before and after each event. This protects your account from extreme volatility spikes, widened spreads, and unpredictable price movements that often occur during news releases like NFP, interest rate decisions, or GDP announcements. The filter is fully customizable in the settings, allowing you to choose which news impact levels to avoid (high only, or high and medium) and adjust the time buffers to match your risk tolerance.

MultiPair EA: Do I need to pay for updates?

No, absolutely not. When you purchase MultiPair EA, you receive completely free lifetime updates with no additional charges or recurring fees. As the developer improves the EA's performance, adds new features, or optimizes the trading algorithm for changing market conditions, you'll automatically receive all updates at no extra cost. This ensures your EA remains current and effective over time without requiring you to purchase upgraded versions. Updates are typically delivered through the member area or via email notification. The lifetime update policy protects your investment and ensures you always have access to the most recent, optimized version of the EA with any bug fixes or performance enhancements included.

MultiPair EA: What kind of support is included?

MultiPair EA includes comprehensive support directly from RobotForexPro's development team, available almost 24/7 via live chat. This means you can get assistance with installation, configuration, troubleshooting, or optimization questions nearly any time you need help. The support team is highly responsive and knowledgeable about the EA's functionality, optimal settings, and broker compatibility. In addition to live support, you'll receive detailed documentation including installation guides, setup instructions, and recommended configurations. All future updates are included for free, ensuring your EA stays current with market conditions. Email support is also available if you prefer written communication, with typical response times under 24 hours for most inquiries.

MultiPair EA: What is the price of MultiPair EA and what's included?

MultiPair EA is priced at $229 USD (reduced from the regular price of $450). This one-time payment includes a license for 2 MT4 accounts. You can choose either 1 live account + 1 demo account, or 2 live accounts. Both must be registered under your name and surname. The package includes the EA files, a complete installation manual, setup instructions, recommended settings, lifetime free updates, and nearly 24/7 live support. There are no monthly fees, subscription costs, or hidden charges. You pay once and own the EA permanently with all future updates included at no additional cost.

MultiPair EA: Do I need a VPS to run MultiPair EA?

VPS (Virtual Private Server) is highly recommended but not strictly mandatory for MultiPair EA. Since the EA trades across multiple currency pairs and uses time-sensitive news filtering, consistent 24/7 uptime ensures you won't miss trading opportunities or get caught in unexpected news volatility. A VPS provides stable internet connectivity, prevents power interruptions, and maintains continuous EA operation even when your personal computer is off. If you choose to run the EA from your local computer, you must keep it powered on with a stable internet connection during active trading hours. Most traders using automated systems opt for VPS hosting for reliability and peace of mind.

MultiPair EA: Is MultiPair EA available for MT5 or only MT4?

MultiPair EA is exclusively designed for MetaTrader 4 (MT4) and is not compatible with MetaTrader 5 (MT5). This is a limitation you should be aware of before purchase. MT4 remains widely popular among forex traders and is supported by virtually all major brokers, so finding compatible brokerage accounts should not be difficult. If you currently only have MT5 accounts, you'll need to open an MT4 account with a broker that offers both platforms. Many brokers provide both MT4 and MT5 options, allowing you to maintain accounts on both platforms. Contact your broker to confirm MT4 availability before purchasing the EA.

MultiPair EA: Does MultiPair EA use martingale or grid strategies?

No, MultiPair EA does not use martingale, grid, or averaging strategies that can exponentially increase risk. The EA employs a price action-based approach using support and resistance levels with fixed position sizing or percentage-based risk management. Each trade is independent with predetermined stop-loss and take-profit levels. There's no position averaging or lot multiplication after losses, which protects your account from the catastrophic drawdowns associated with martingale systems. This conservative approach means slower but steadier growth compared to aggressive multiplication strategies. The EA's risk remains controlled and predictable; you set your maximum risk per trade, and the EA never exceeds that exposure regardless of previous trade outcomes.

MultiPair EA: Can I run MultiPair EA alongside other expert advisors?

Yes, you can run MultiPair EA simultaneously with other expert advisors on the same MT4 terminal, but exercise caution with risk management. Each EA operates independently, so if MultiPair EA is trading EURUSD and another EA is also trading EURUSD, both will open positions without awareness of each other's trades. This can result in doubled exposure on the same pair and exceed your intended risk limits. If combining multiple EAs, ensure they trade different pairs or use different timeframes to avoid position conflicts. Monitor total account exposure carefully; combined drawdowns from multiple EAs can compound quickly. Consider using separate MT4 terminals or VPS instances for different EAs to maintain clear separation and control.