[Free EA] PoundCaddy Pro | SYSTEMTRADE.COM

PoundCaddy Pro is a scalping-type FX automated trading EA (Expert Advisor). It's an automated trading EA specializing in the GBPCAD pair, aiming for stable profits with a sophisticated logic that thoroughly manages risk.

Trading Strategy

Scalping is a trading method that involves capturing small price movements over short periods of time, ranging from a few seconds to a few minutes, to accumulate profits. Because the position holding time is short, it allows for trading with reduced risk of sudden price changes.

Features of PoundCaddy Pro

Reduce position holding risk through short-term settlement.
Free automated trading system

sys-tre offers PoundCaddy Pro for free. Simply install it on MT4 and you can start trying automated trading right away.

Frequently Asked Questions

Can I use the EA right after purchase?

Yes. The EA file (.ex4/.ex5) becomes available for download from your account page immediately after payment completes.

Does it support MT4 or MT5?

Platform compatibility varies by product. Please check the "Supported Platform" field on each product page. Many EAs support both MT4 and MT5.

Can I try EAs on a demo account?

Most EAs do not support running on demo accounts. To help you decide before purchase, every EA's backtest results are shown in the "Backtest" tab and forward test performance in the "Performance" tab on each product page.

What is the recommended margin or lot size?

Recommended settings are listed for each EA in the "Product Details" section of its product page. Excessive lot sizing can cause catastrophic losses at maximum drawdown.

Can I change my licensed account?

After purchase, go to "Licensed Account Switch" on My Page and enter the MT4/MT5 account number you want to bind. The change applies immediately. You can change once per 24 hours.

Are refunds or returns available?

Due to the nature of digital products, we generally cannot refund or accept returns after the authentication code has been issued. However, if the EA itself has a critical defect that prevents operation and the fault lies with us, we will handle the case individually. Please contact us via the inquiry page.

Do backtest results match live performance?

Backtest results are theoretical values based on historical data, while forward tests reflect live environment performance. SYSTEMTRADE.COM publishes forward test data for every EA on its product page so you can verify live performance before purchase. Spread and execution delays typically cause some divergence between backtest and live results.

Parameters

Trading Info

Recommended Fund: 200

Expected Monthly Return: 4%

This data is based on a 0.01 lot size. Actual performance may vary depending on your lot size.

Entry Condition

Entry is made by measuring multiple indicators and volatility. Entry is made by measuring multiple indicators and volatility.

Close Condition

After entry, the market conditions are monitored and the position is closed when a certain signal strength or volatility meets certain conditions or when the trading time falls outside the restricted range. Each position is subject to profit taking or loss cut according to the conditions set from the perspective of risk management.

Favorable Market

The EA performs well in markets with moderate volatility and clear trends, and is particularly effective when trading during designated times (e.g. London or New York market open).

Unfavorable Market

In markets where rapid market fluctuations or sudden price fluctuations occur, the performance of the EA may decline. In particular, it may be difficult to obtain the expected results due to market instability around the time of the release of important economic indicators or during periods of low liquidity.

Avoid Trading Timing

EAs perform better if you limit trading during rollover times or specific market hours (e.g., from 3:00 to 9:00). It is recommended that you refrain from running EAs during important economic announcements or periods of market instability.