Does SHARK PRO EA really make money? +

Potential exists based on backtest data showing 261% return over 7 months with 1.70 profit factor. However, these are backtested results using historical data—not live verified performance. Backtest quality was marked as 'crude' control points method. Real trading involves slippage, spread variations, and execution differences that significantly impact results. Extensive demo testing 60-90 days mandatory before risking capital to validate performance in current market conditions with your specific broker.

What are the main risks with this EA? +

Primary risk: 24.56% maximum drawdown occurred during backtest with $200 capital. Without fixed stop loss on every trade, adverse moves can cause larger per-trade losses before TP triggers or equity protection activates. Mitigation: Use $500-1K capital minimum to maintain drawdown <15% range, enable manual news filters during high-impact events, test minimum 60 days on demo. Expected: Monthly drawdown 5-12% during normal conditions with proper capital, occasional 15-20% during volatile periods.

Does SHARK PRO EA use Martingale or Grid strategy? +

No—SHARK PRO uses fixed lot sizing without position averaging or grid recovery. Each trade uses 0.01 lots (or auto-calculated based on 0.01 MaxRisk parameter) regardless of previous trade outcomes. This avoids exponential risk common in Martingale systems where losing trades multiply position sizes. Strategy relies on high win rate through Bollinger Band mean-reversion rather than averaging down losing positions. MagicNumber system prevents multiple overlapping positions on same pair.

What is the minimum deposit required? +

Tested minimum: $200 but experienced 24.56% drawdown at this level. Recommended: $500-1,000 provides adequate buffer for 10-15% typical drawdown range. WHY: 0.01 lot sizing on EUR/USD requires ~$100 margin at 1:100 leverage, but multiple concurrent trades (2-5 typical) plus drawdown buffer demand higher capital. If under $500: Expect frequent margin pressure during drawdown periods and potential stop-outs during volatile sessions despite EA's risk controls.

Which brokers work with SHARK PRO EA? +

Requirements: ECN/STP execution, spreads <2 pips average, 1:100+ leverage, no trading restrictions. EA compatible with most MT4 brokers but performance heavily depends on spread quality. Recommended broker types: IC Markets, Pepperstone, FBS, or similar low-spread ECN brokers. Avoid: Market maker brokers with 3+ pip spreads (destroys scalping edge), brokers restricting EA usage, or high-commission accounts. Test EA on broker's demo 14+ days to verify order execution speed and spread consistency during your intended trading hours.

What is your refund policy for SHARK PRO EA? +

Yes - 7-day refund policy applies to all EA purchases. If EA doesn't meet expectations within 7 days of purchase, request refund via support ticket. Refunds granted for technical issues (EA won't load, activation problems) or dissatisfaction after demo testing. Not covered: Live account losses (demo testing required first), broker incompatibility after purchasing without demo verification, or requests beyond 7-day window. See full terms on delivery-refund policy page.

How do I validate SHARK PRO EA safely before live trading? +

Step 1: Run on demo account minimum 60 days with realistic capital ($500+) and your broker's actual spreads. Step 2: Track weekly: total trades (expect 25-40/week), win rate (target 60%+), max drawdown (should stay <15% with proper capital). Step 3: Compare demo results to backtest claims—if weekly profit drops below 3-5% consistently or drawdown exceeds 20%, don't go live. Step 4: Start live with 50% intended capital, scale up only after 30+ days matching demo performance. Decision criteria: Demo must show profitable 8+ weeks before live deployment.

How do I get support if I have issues with the EA? +

Primary: Telegram support channel via eapromarket community group for technical questions, setup help, and troubleshooting. Response time: 6-24 hours typical for complex issues, 1-3 hours for simple questions during business hours. When contacting support include: MT4 build number, broker name, screenshot of EA inputs tab, description of specific issue or error message. For activation problems, include purchase email. Email support also available through contact page for account-related inquiries and refund requests.