In the realm of Forex Trading, DayTrade Pro Algo MT5 has emerged as a promising MT5 Trading Software. This trading algorithm has been developed after years of rigorous market research and programming strategies. It offers a unique blend of features designed to optimize trading results.
Key Features and Benefits of DayTrade Pro Algo MT5
DayTrade Pro Algo MT5 boasts a plethora of features that make it an attractive tool for traders. It is broker-independent and spread-independent, meaning it can be used across various brokers without being affected by spread variations. This Forex Software is also equipped with hundreds of settings, all of which have yielded profitable results in testing.
Moreover, the algorithm is flexible and robust, allowing the interchangeability of settings. For instance, using EURUSD settings for USDJPY trading can still yield profitable results. Currently, the software is compatible with 13 pairs including EURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD, GBPJPY, USDCAD, EURJPY, EURNZD, EURAUD, NZDUSD, AUDJPY, and CHFJPY.
Trading Strategy of DayTrade Pro Algo MT5
This Forex Software uses a unique approach to trading. It trades price action around major daily support and resistance levels. The algorithm recognizes that price tends to gravitate towards these highs and lows, providing an opportunity for profitable trades.
Additionally, the software employs a stop loss (SL) and take profit (TP) strategy on each trade. It also uses a trailing stop loss to maximize profitable trades and minimize losing ones. On average, the software executes about 10 trades per week.
Running and Backtesting the EA
Running the EA is a straightforward process. Simply open a EURUSD Daily chart, enable the “OneChartSetup” in the parameters and set your lot size. Depending on your risk appetite, the software offers different LotsizeStep options.
Backtesting the EA is also easy. Run it on the EURUSD Daily chart and enable the “OneChartSetup” in the parameters. The software doesn’t require “every tick” to produce reliable backtest results due to its trade management nature. The difference with “every tick” is minimal, further validating its reliability.
Current Limited Launch Promotion
Currently, there is a limited launch promotion where a restricted number of copies are available at the final price of $990. Additionally, a bonus offer is available where you get 1 EA for free for 2 trade accounts. The recommended minimum balance for this system is $400.
Frequently Asked Questions
Where can I get independent testing results?
Independent testing of DayTrade Pro Algo MT5 can be viewed on the forexroboteasy.com website. You can also subscribe to updates on the testing results of this product.
How can I share my experience with this product?
We welcome your feedback! Feel free to share your experiences using DayTrade Pro Algo MT5. We value your input as it helps us and other users understand the product better.
This is an independent product review. The use of words “our” or “my” product is avoided, and the text is written in the third person. This review aims to provide a comprehensive understanding of the DayTrade Pro Algo MT5 and its features. The trading algorithm has been developed with a focus on delivering optimal trading results, and this review seeks to highlight its unique aspects, performance, and the current limited launch promo.
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