RapidFX by Empire Market EA MT4 with Setfiles

Introducing RapidFX by Empire Market EA

RapidFX by Empire Market EA stands out with its dual time filters that provide precise control over trading sessions, targeting specific market hours while avoiding periods of low liquidity or high volatility. The EA achieved a 1.59 profit factor on EURUSD backtests across multiple account balances. However, the backtest results carry a critical disclaimer: “Control points (a very crude method, the results must not be considered)” – making the advertised performance figures unreliable for real-world evaluation.

Key Findings

• Core Strategy: Semi-conservative grid or scalping approach combining fixed lot sizing with optional multiplier scaling, executing trades within pre-defined time windows

• Dual Time Filter System: Two separate configurable time filters allow traders to target profitable sessions and avoid high-risk periods like news releases or low-liquidity hours

• Grid/Martingale Logic: Uses a multiplier parameter (default 1.2-1.3) to systematically increase lot sizes in subsequent trades, characteristic of grid trading strategies

• Dual Profit Management: Manages exits through SingleOrderProfit ($3 default) for individual trades and PairGlobalProfit ($5 default) for total basket closure

• Risk Control Benefits: Time-based filtering reduces exposure during volatile periods, fixed lot sizing provides predictable risk per trade – Trade-off: No traditional stop loss feature creates unlimited risk exposure until margin call

• Performance Data: Backtests show 1.59 profit factor, $4,470 net profit on $1,000 account – Critical Limitation: Results use “control points” method marked as unreliable by MetaTrader itself

• Primary Risk: Grid/martingale strategy with multiplier scaling can lead to rapid account depletion during strong trending markets, especially without stop loss protection

Recommendations for using RapidFX by Empire Market EA

• Trading Platform: MetaTrader 4 (MT4) only

• Pairs: Optimized for EURUSD, also supports GBPUSD – higher risk on volatile pairs due to grid strategy nature

• Supported Accounts: ECN and Standard accounts – ECN recommended for better spread conditions

• Timeframe: M5 (5-minute) charts – primary optimization timeframe

• Trading Time: Configurable through dual filters, default 3:00-20:00 and 0:00-23:59 – avoid high-impact news periods

• Leverage: 1:100 to 1:500 maximum recommended – higher leverage significantly amplifies both profits and losses, especially dangerous with grid strategies

• Minimum Deposit: $500-1000 minimum – higher balance strongly advisable ($2000+) for better risk management with multiplier scaling

Review of RapidFX by Empire Market EA

RapidFX addresses traders’ need for automated session-based trading with sophisticated time filtering, but introduces significant grid strategy risks without stop loss protection. Best suited for experienced traders familiar with martingale risks. Caution: Backtest reliability is explicitly questioned by MetaTrader’s own disclaimer.

Backtest Snapshots:
• $1,000 account: 1.59 profit factor, $4,470 net profit – 111.59 absolute drawdown

• $500 account: Similar parameters, proportional results – control points method reliability questioned

• $2,000 account: Higher lot size (0.06), same 1.3 multiplier – increased risk exposure

Is RapidFX by Empire Market EA the Right Choice For You?

• Precision Time Control: Dual time filters offer superior session targeting compared to basic EAs – Consideration: Requires market knowledge to configure optimal trading windows effectively

• Transparent Grid Strategy: Clear multiplier system provides predictable scaling logic – Trade-off: Grid approaches carry inherent risk of rapid drawdown during strong trends

• Multiple Account Scaling: Tested across various balance levels showing consistent approach – Limitation: All tests use unreliable “control points” method, requiring independent validation

• Professional Parameter Set: Comprehensive input options for risk customization – Requirement: Needs experienced trader to optimize settings for different market conditions

• Session-Based Edge: Targets specific market hours for potential advantage – Risk: Without proper stop loss, profitable sessions can be wiped out by single adverse trend

Final Verdict

RapidFX offers sophisticated time-based trading automation with clear grid logic, but lacks essential stop loss protection and provides unreliable backtest data. Suitable only for experienced grid traders accepting high-risk profiles. Beginners should avoid due to potential for rapid account depletion.

RapidFX by Empire Market EA MT4 Download Contents:

• Link download experts:
  • RapidFX by Empire Market EA MT4.ex4
• Presets:
  • EURUSD_Pair_500.set
  • EURUSD_Pair_1000_HighRisk.set
  • EURUSD_Pair_1000_MediumRisk.set
  • EURUSD_Pair_1000_LowRisk.set
  • EURUSD_Pair_2000_LowRisk.set
  • EURUSD_Pair_2000_MediumRisk.set
  • EURUSD_Pair_2000_HighRisk.set
  • EURUSD_Pair_3000_LowRisk.set
  • EURUSD_Pair_3000_MediumRisk.set
  • EURUSD_Pair_3000_HighRisk.set