The Expert Advisor uses technical analysis patterns. VSP is required for flawless operation, the recommended minimum deposit is 1000 units of the base currency. The EA is to be used on timeframe M5-H1 on highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP and EURCHF). The EA can be used with any trading strategy, both manual or automatic (Expert Advisors) if MagicNumber = -1.
ProTrader is not merely a forex adviser in the traditional sense. It is a powerful investment utility. The ProTrader external features are similar to those of other adviser's. In particular it is an installable application. An installable dll library goes with the software, it is also required to install and set up. Forex adviser ProTrader is suitable both to experienced investors and beginning traders. The software allows implementing a wide range of investment tools of a professional trader.
The adviser is highly informative, significantly outmatching the trading terminal itself for which it is applied. Besides, ProTrader lets execute instant transactions. The adviser allows a trader to free additional working space in the trading terminal for technical analysis, thus making the trading chart displayable to the whole screen. This eliminates the need for necessity to use the terminal window with transactions and trading orders.
ProTrader allows a trader to reverse the trading positions. Besides it has Breakeven function which converts the transaction to breakeven and protects the transactions from losses. Close all feature can close immediately all the transactions opened in the trading terminal if there is urgent necessity.
The algorithm collects price patterns from the history and analyzes further movement statistics to build the depending on the stop-loss and take-profit levels. For the EA operation, the 1-year quotes history preceding testing/optimization start time must be predownloaded for all currency pairs and timeframes, on which the EA will be running. The lower the timeframe, the more price patterns the EA will determine, accordingly, there will be more trend change signals.
ProTrader EA Rating | 2.23 |
Yield per annum | 14.89% |
Max drawdown per annum | 11.35% |
Developer | ProTrader |
Created, year | 2013 |
Free | |
Price | $30 |
Class | middle term |
Type | network |
Lot size | not less than 10000 units per 0.01 of a standard lot |
Deposit | $1000 |
Leverage | 500 |
Timeframes | from M5 and higher |
Strategies | hedging |
Indicators | MA, CCI, RSI, Stochastic |
Recommended brokers | Investment Center, Xpoken, FxGlory |
Trading tool/currency pairs | EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP, EURCHF |
Automatic account type | |
Indicating | |
Multiple usage | |
Mini deposits | |
Max risk limitation | |
ECN | |
NDD | |
Several one-way series | |
Auto start lot | |
Fixed stop loss | |
Fixed takeprofit | |
Automatic lapse expansions |
Forex EAs 2024
Forex Advisor | Deposit | Yield | |
1 | FXCipher | $300 | 10% |
2 | CarinaBot | $100 | 52.32% |
3 | Fortnite | $500 | 135% |
4 | Tickeron AI robot | $100 | 117% |
5 | Learn2Trade | $1000 | 160% |
6 | Auto Recovery EA | $100 | 37% |
7 | Coinrule | $1000 | 270% |
8 | Forex Trendy | $250 | 90% |
9 | FX BlasterPRO | $1000 | 180% |
10 | Waka Waka | $100 | 74% |
11 | Renko EA | $100 | 41% |
12 | EliteFxgo | $1000 | 30% |
13 | Stairsteps EA | $100 | 29% |
14 | 1000pip Climber System | $500 | 77.3% |
15 | Happy Breakout EA | $100 | 8.5% |
16 | Happy Galaxy EA | $2000 | 5% |
17 | Happy Neuron EA | $5000 | 5% |
18 | Golden Pickaxe | $100 | 19.39% |
19 | EA Builder | $1000 | 119.8% |
20 | Perceptrader AI | $100 | 10% |
21 | Evening Scalper Pro | $100 | 78.84% |
22 | Odin Forex Robot | $2000 | 57% |
23 | Night Hunter Pro | $100 | 71% |
24 | Centobot | $250 | 95% |
25 | Traders Dynamic Index EA | $1000 | 37% |
Choosing a regulated broker is not just a matter of preference; it is a necessity for safeguarding your investments and ensuring that you trade in a fair and secure environment.
This article explores the benefits and risks associated with using Forex Expert Advisors, providing insights into how traders can maximize their potential while mitigating potential downsides.
By prioritizing factors such as overall rating, regulatory compliance, trading conditions and platform reliability traders can make an informed decision that aligns with their trading needs and aspirations, setting the stage for a potentially prosperous trading journey.
An annual roundup reviewing the most successful Forex Expert Advisors (EAs) based on their performance, strategies employed, reliability, and user feedback. This piece would provide insights into which EAs have been market leaders and why.
The concept of automated trading has been around for decades, but the accessibility and sophistication of Forex EAs have seen significant advancements in the past few years. Initially, automated trading systems were rudimentary, focusing on simple indicators like moving averages.
Expert Advisors (EAs) Rating features high-quality Free and paid Forex EA most popular on the market today.
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