Divo EA is an indispensable tool for forex traders seeking to navigate the unpredictable world of currency trading. This review offers a thorough examination of the softwareโs features and functionality. Developed as a multi-currency, flexible, and fully automated tool, Divo EA helps traders identify market vulnerabilities and optimize their trading strategies.
Unique Features of Divo EA
The key strength of Divo EA lies in its flexibility and adaptability. The default settings are optimized for GBPUSD M15, but traders have the option to customize the settings to suit individual trading preferences and strategies. The software allows for adjustments to the risk level for each currency pair, for instance, setting a 5% risk level for GBPUSD.
Divo EA supports a wide range of currency pairs, including GBPUSD, EURUSD, EURGBP, USDCHF, and GBPCHF. For advanced traders, additional settings are available for AUDCAD, EURCAD, GBPCAD, and USDCAD.
Advanced Virtualization Mode
The advanced virtualization mode is another standout feature of Divo EA. This mode enables traders to completely hide their trailing, TP, and SL from their broker. The software uses pending limit orders, which significantly increases the chances of profitable slippages. This is because pending orders are already placed on the brokerโs server, thereby reducing the delay.
All trades are protected by a fixed StopLoss, and the system offers additional protection from slippage and large spreads. The built-in mode of self-diagnosis and adaptation to the broker adds to the softwareโs robustness.
News Filter and Large Spread Filter
The software comes with a news filter and a large spread filter, providing improved protection during volatile market conditions. The system does not operate as a black box; all settings are stored separately and not inside the system, giving traders full control over their trading strategy.
Requirements and Recommendations
The software is designed to work best under certain conditions. It requires a hedging account with a stop level and freeze level of 0. The EA works best with low spread and slippage during rollover, necessitating a good RAW/ECN broker. It is recommended to operate the advisor on a VPS 24/7 for optimal performance.
The software advises a minimum deposit of $100 for each currency pair and a leverage of 1:30 or more. After purchasing the EA, traders are added to a private group where they receive set files and additional detailed instructions on how to install and configure the advisor.
FAQ Section
What is the recommended broker for using Divo EA?
A broker with low spread and slippage during rollover. A RAW/ECN broker is recommended.
What is the minimum deposit required for each currency pair?
A minimum deposit of $100 is recommended for each currency pair.
Can I customize the risk level for each currency pair?
Yes, the software allows for adjustments to the risk level for each currency pair.
Independent testing of Divo EA is available on the forexroboteasy.com website. Traders can also subscribe to updates on the results of testing this product. We invite traders who have used Divo EA to share their experiences and insights.
This review is an independent analysis of the Divo EA multi-currency forex tool. The aim is to provide prospective users with a clear understanding of the productโs functionalities and potential benefits. The review does not endorse or promote the product but aims to provide objective and comprehensive information.
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