EA Pivot SR MT5 FR emerges as a refreshing relief in the Forex software market, where fraudulent advisors are rampant. This reliable Forex software delivers exactly what it promises with 99.99% accuracy in both tester and real trading environments.
Trading Strategy: Pivot Point System
This Forex trading tool differs from most of its counterparts by focusing on levels instead of relying heavily on indicators, which often lag and issue signals several bars late. The Pivot Point system, a method popularized by analyst Rudolf Axel, forms the core of this software’s strategy.
The software’s name, EA Pivot SR (EA Pivot Support & Resistance), is a nod to this unique approach. This level-based strategy ensures more accurate and timely Forex market analysis.
Operations and Settings: Flexibility and Convenience
The EA Pivot SR MT5 FR operates on an intraday basis, setting pending orders at calculated levels. The time for order placement is customizable in the input parameters. If these orders are not activated by the end of the trading day, they are automatically deleted.
This Forex software allows users to enable or disable the trailing system in the settings. It adapts to any broker, although ECN type accounts with minimal spreads are recommended. The software is also not impacted by spreads, making it all the more reliable.
Account Type and Currency Pair: Versatility at Its Best
The EA Pivot SR MT5 FR is compatible only with hedge account types. It can work with any currency pair, but the default settings are specifically designed for GBPUSD. The default settings also work best with the H1 timeframe.
Exit Strategy: Multiple Safeguards
To exit the market, this Forex trading tool uses Stop Loss, Take Profit levels, or builds a small averaging grid if the price goes against an open position. It also provides the option of hedging the grid, offering multiple layers of security for your Forex trading.
Limitations of the Free Version
While the free version of EA Pivot SR MT5 FR offers a lot, it does have its limitations. It operates on a fixed lot and a single strategy. It does not provide the flexibility to close positions based on a percentage of profit or loss, cannot send push notifications about trades to smartphones, and does not support semi-automatic mode for opening and closing transactions.
FAQ Section
Is independent testing of EA Pivot SR MT5 FR available? Yes, independent testing of this product is accessible on forexroboteasy.com. Users can also subscribe for updates on the testing results.
Can users share their experience with EA Pivot SR MT5 FR? Absolutely. We encourage users to share their experiences with this Forex trading tool.
What is the tone of this review? This review is written in a professional tone, independent of the product manufacturer.
This review is a comprehensive analysis of the EA Pivot SR MT5 FR, a reliable Forex software that stands out in the market for its authenticity and no-fraud operations. Its unique level-based strategy, flexible settings, and multiple exit strategies make it a robust tool for Forex trading. While the free version has its limitations, the full version offers a more comprehensive range of features.
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