In the realm of Forex trading, the Gold Trade Pro software has made a name for itself for its unique approach to trading. It stands out from the plethora of Gold trading Expert Advisors (EAs) with its unique features and promotional offers. This review provides an unbiased analysis of the product and its key attributes.
Gold Trade Pro: A Real Trading Strategy
Gold Trade Pro diverges from the conventional Gold EAs by employing a legitimate trading strategy rather than the risky grid or martingale systems frequently used in other software. These commonly used systems often promise flawless backtests but invariably lead to margin calls and account wipeouts due to their inherent riskiness.
The Gold Trade Pro, on the other hand, utilizes a simple yet effective strategy based on daily support and resistance level breakouts. This strategy proves to be particularly effective for volatile pairs like Gold. Each trade initiated by the software is equipped with a Take Profit (TP) and Stop Loss (SL) from the outset. Moreover, the EA employs a trailing SL to minimize risk and amplify profits as the price moves in the favorable direction.
Built-In Strategies and Stability
Gold Trade Pro houses seven different strategies that work together seamlessly. This integration results in a stable growth curve, with occasional losses, providing a more realistic representation of trading rather than manipulated flawless backtests. The built-in strategies contribute to the softwareโs reliability and effectiveness.
The Ultimate Combo Deal and Limited Promotion
As part of the promotional offer, Gold Trade Pro is offering an Ultimate Combo Deal for a limited time. A few copies are available at $449, after which the price will escalate to $599 and eventually to the final price of $999. The offer also includes a free EA for two trade accounts. The Ultimate Combo Deal provides value for money, making it an attractive proposition for traders.
Setting Up Gold Trade Pro
The setup process for Gold Trade Pro is straightforward. It involves opening a gold chart on a daily timeframe, dragging the EA to the chart, and configuring the lot size settings. For low balance accounts, it is recommended to run only strategies 2, 4, and 7 due to their lower drawdowns. The risk settings can also be adjusted according to the userโs comfort level.
FAQ Section
What is the recommended pair and timeframe for Gold Trade Pro?
The recommended pair for using Gold Trade Pro is XAUUSD/GOLD and it operates best on a daily timeframe.
What is the minimum balance requirement to use Gold Trade Pro?
You can start using Gold Trade Pro with a minimum balance of $200.
What makes Gold Trade Pro different from other EAs?
Gold Trade Pro uses a real trading strategy based on breakouts of daily support and resistance levels, unlike many EAs that rely on risky grid/martingale systems.
Independent testing of this product can be viewed at forexroboteasy.com, where users can also subscribe to updates on the results of testing this product. We invite readers who have used the Gold Trade Pro to share their experiences and insights. Please note that this is an independent product review and is not associated with the productโs creators.
Write review