PZ Custom Trader EA

The PZ Custom Trader EA has emerged as a versatile tool for forex trading, offering remarkable flexibility in managing various positions. It has the ability to handle custom indicators, allowing you to automate your forex trading with ease. This software is designed to work seamlessly with both ECN and non-ECN brokers and is compatible with 2-3-4-5 digit symbols.

Customizable Settings and Flexible Position Management

The PZ Custom Trader EA provides a wide array of customizable settings. What sets it apart is that it requires only two inputs from you: the filename of the indicator to trade and the signal buffer or the buy/sell buffers to call. The signal buffer or the buy/sell buffers need to be provided by the developer of the indicator. The software offers adaptable trading sessions and weekdays and is equipped with an inverse mode and a martingale mode for further diversification of your trading strategy.

Advanced Features and Functions

The software comes with a customizable break-even point, stop-loss (SL), take-profit (TP), and trailing-stop. It also has a filter for trading by sessions and weekdays. The PZ Custom Trader EA is compliant with NFA/FIFO regulations, which is an added advantage for traders based in the United States. One of its most noteworthy features is its built-in money management system.

Money Management Modes

The EA implements four different money management modes. These include the Trade manual lotsize, Auto-calculation of lotsizes, and Martingale mode. The Trade manual lotsize mode allows the EA to trade a fixed lotsize on each trade. The Auto-calculation of lotsizes mode enables the EA to risk a certain percentage of the account on each trade. In the Martingale mode, the EA doubles the lotsize after a losing trade.

Trading with Custom Indicators

Trading with custom indicators is simplified with the PZ Custom Trader EA. You just need to insert the indicator filename of the indicator you want to trade with, as it exists in the mql4/indicators folder inside the data folder. For instance, to trade with the “PZ Multi TDI Indicator,” you would type “PZ_MultiTDI” rather than its human name. This software can trade using all free or premium indicators using the signal buffer provided. However, it can also trade indicators developed by other developers as long as you know or ask for the buffers to call.

FAQs about PZ Custom Trader EA

How does PZ Custom Trader EA work with custom indicators?
The software requires only the filename of your chosen custom indicator and the signal buffer or buy/sell buffers. It can trade with any indicator provided you know or ask for the buffers to call.

Can the software manage multiple trades at once?
Yes, the software can manage multiple trades concurrently. You can set the maximum possible amount of simultaneous buy or sell orders according to your trading strategy.

How does the software’s money management system work?
The EA offers four different money management modes. The modes range from trading a fixed lotsize on each trade to doubling the lotsize after a losing trade (Martingale mode).

Users can watch independent testing of the PZ Custom Trader EA on the forexroboteasy.com website to get a better understanding of the product. They can also subscribe to updates on the results of testing this product. We invite users to share their experiences of using this product to create a more comprehensive understanding of its performance in the Forex market.

This review is an independent analysis of the product and does not endorse or advertise it. It is intended solely to provide information to potential users about its features and functions.