Recommendations for Choppa EA
Minimum account balance of 100$.
The Choppa EA primarily focuses on trading indices such as the US30(DOW30/DJI) and US100(USTECH). However, there are also instances where it has been shown to trade on currency pairs like GBPUSD, EURUSD, and even commodities like XAUUSD (Gold).
Depending on the time frame, the Order amount will change. The lower the Time Frame, the higher the trade amount. The higher the TimeFrame, the lower the Trades. It seems it works best on M5 TimeFrame.
Choppa EA is a fully auto Expert Advisor FREE to Download. It enters the trading arena with high promises: turning unprofitable traders into profitable ones through real-time market scanning and automated trading. While the developer makes the tantalizing claim that 99% of manual traders fail, they offer little transparency on how the EA actually achieves success. This raises the question—do Choppa EA’s bold promises hold up under scrutiny? In this article, we’ll explore what the system offers, its target trading pairs, and its performance based on independent tests.
According to the developer, Choppa EA is an easy-to-use automated trading robot designed to give you a leg up in a market where 99% of traders fail when trading manually. They assert that automation via Choppa EA is the path to profitability.
Despite the developer’s confident claims, one issue that raises eyebrows is the lack of transparent information on how the EA operates. No detailed explanation or documentation is provided—only profit screenshots and videos, which unfortunately appear to be of dubious authenticity.
Given the scant information from the developer, independent tests have been conducted to shed some light on FXSNIPER24 EA functionalities. Based on these tests, the EA appears to use a combination of RSI (Relative Strength Index) and other price action indicators to inform its trades. The primary focus appears to be on US30 and US100 indices, although evidence suggests it may also dabble in currency pairs such as GBPUSD, EURUSD and commodities like XAUUSD.
One reassuring aspect is that Choppa EA avoids risky trading strategies like martingale and grid systems. As for its trading frequency, when set to the recommended M5 time frame, the EA opens approximately 8-12 trades per day. Importantly, each transaction is protected by a predefined stop loss and take profit, which adds a layer of risk management to your trading.