What is Cherokee EA MT4?
Cherokee EA is a professional-grade trading Expert Advisor (EA) designed for traders who seek an efficient, adaptive and trend-following strategy. This cutting-edge EA employs a multi-level quantum set model, ensuring accuracy and reliability in diverse market conditions.
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About the Author
This product is compiled by Andrey Kolmogorov. This author has more than +10 years of experience working on MQL5 with many famous products such as Cherokee EA MT4, Marauder EA MT4, Alpinist EA MT4, Comanche EA MT4, Black Sails MT4 and other advisors. Among them, Cherokee EA is his best performing products.
🔶 Delivery time 24h-48h after payment.
🔶 Refund if not delivered.
🔶 You will receive the current version without any limitations (ID+Time).
Key Features of Cherokee EA for MT4
✔️ Trend Tracking System with Adaptive Algorithm: Ensures precise market entry and exit points.
✔️ No Martingale Strategy: Enhances capital safety by avoiding risk-heavy strategies.
✔️ Multi-Level Quantum Model: Provides advanced trading strategies for optimal performance.
✔️ Automatic Risk Management: Adjusts lot size, risk percentage and deposit step dynamically.
✔️ Trailing Stop Feature: Includes fixed and correction trailing stop levels for better profit protection.
✔️No Need to Close During News Releases: The EA operates smoothly even during high-impact economic events.
Benefits of Cherokee EA
✔️ Minimizes Trading Risk: No Martingale approach and advanced risk management ensure safer trading.
✔️ Optimized for Various Market Conditions: Adaptive algorithms allow trading in different market scenarios.
✔️ Fully Automated Trading: No manual intervention required, making trading effortless.
✔️ Improves Profit Potential: Smart entry-exit strategies and trailing stops help maximize gains.
✔️ User-Friendly Setup: Simple configuration suitable for both beginners and experienced traders.
Cherokee EA MT4 Review
1. Cherokee EA Signal Results:
Cherokee EA has shown 678% account growth since 2021, making it an attractive choice for traders looking for automated trading solutions. Key performance metrics:
✔ Initial Deposit: $300
✔ Total Profit: 678%
✔ High Win Rate: 80.9%
✔ Maximum Drawdown: 85.6%
2. Cherokee EA Backtest Results:
🔶 This backtest report evaluates an automated forex trading system optimized for EUR/USD on the M15 timeframe, spanning from 2009 to 2020. The EA appears to utilize a combination of technical indicators, trailing stops, and money management rules to ensure profitable trading. Key performance metrics:
✔ Initial Deposit: $1,000
✔ Total Profit: $4,369 (11+ years)
✔ Win Rate: 86.23%
✔ Maximum Drawdown: 4.77%
🔶 Expert Advisor (EA) Performance Analysis for USDCHF (M15). Key performance metrics:
✔ Initial Deposit: $1,000
✔ Total Profit: $4,908
✔ Win Rate: 77.95%
✔ Maximum Drawdown: 14.53%
🔶 Expert Advisor (EA) Performance Analysis for GBPUSD (M15). Key performance metrics:
✔ Initial Deposit: $1,000
✔ Total Profit: $6,919
✔ Win Rate: 80.09%
✔ Maximum Drawdown: 16.54%
Is Cherokee EA MT4 safe?
Cherokee EA demonstrates remarkable potential in delivering stable and reliable profits, making it a reliable tool in the forex market. Cherokee EA is highly regarded by the MQL5 community in many aspects and has gained the trust of its users.
➡️ Bifrost (2024.01.23): "Recommend for EURUSD, USDCAD, USDJPY and EURGBP."
➡️ Po Yuan Chen (2022.08.05): "I have been running this EA for almost a year with low risk. It is doing great so far."
Trading Specifications
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M15 (15 minute chart) |
| Currency pairs | EURUSD, GBPUSD, EURCHF, USDCHF, USDCAD, USDJPY, AUDNZD, EURGBP. |
| Minimum / Recommended deposit | $300 |
| Minimum / Recommended leverage | 1:200 |
| Product type | NoDLL / Unlimited / Unlocked |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com (Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
1. Experts:
✔️ Cherokee EA MT4.ex4
2. Presets:
✔️ Cherokee_Standard_Risk_EUR_GBP_M15_I_for_v1_01.set
✔️ Cherokee_Standard_Risk_AUD_NZD_M15_I_for_v1_01.set
✔️ Cherokee_Standard_Risk_USD_JPY_M15_I_for_v1_01.set
✔️ Cherokee_Standard_Risk_USD_CHF_M15_I_for_v1_01.set
✔️ Cherokee_Standard_Risk_USD_CAD_M15_I_for_v1_01.set
✔️ Cherokee_Standard_Risk_EUR_CHF_M15_I_for_v1_01.set
✔️ Cherokee_Standard_Risk_GBP_USD_M15_I_for_v1_01.set
✔️ Cherokee_Standard_Risk_EUR_USD_M15_I_for_v1_01.set
✔️ Cherokee_Low_Risk_AUD_NZD_M15_I_for_v1_01.set
✔️ Cherokee_Low_Risk_USD_JPY_M15_I_for_v1_01.set
✔️ Cherokee_Low_Risk_USD_CAD_M15_I_for_v1_01.set
✔️ Cherokee_Low_Risk_EUR_CHF_M15_I_for_v1_01.set
✔️ Cherokee_Low_Risk_GBP_USD_M15_I_for_v1_01.set
✔️ Cherokee_Low_Risk_EUR_USD_M15_I_for_v1_01.set
✔️ Cherokee_Standard_Risk_USD_JPY_M15_I_for_v1_00.set
✔️ Cherokee_Standard_Risk_USD_CHF_M15_I_for_v1_00.set
✔️ Cherokee_Standard_Risk_USD_CAD_M15_I_for_v1_00.set
✔️ Cherokee_Standard_Risk_EUR_CHF_M15_I_for_v1_00.set
✔️ Cherokee_Standard_Risk_GBP_USD_M15_I_for_v1_00.set
Conclusion
In short, Cherokee EA stands out as a cutting-edge Forex Expert Advisor designed to maximize profitability while minimizing risk. With its advanced multi-level quantum model and adaptive trend-following algorithm, this EA ensures precise trade execution in various market conditions. Unlike high-risk strategies such as Martingale, Cherokee EA prioritizes capital preservation through its built-in risk management system.
