Price Action Trader EA mz

The Price Action Trader EA is an automated trading system that operates based on price action research. Its unique selling point lies in being an “Expert Adviser” that takes over the trading job, allowing for a “set and forget” approach to forex trading. This system utilizes 7 set files and is based on the powerful Price Action pattern. It promises a positive mathematical expectancy, indicating a good investment that will work for users over the years.

Key Features of Price Action Trader EA

The Price Action Trader EA offers a variety of features, including the ability to operate on 7 pairs simultaneously. The corresponding set files can be found in the “Comments” section. This system does not waste money on high commissions, unlike many scalpers, and does not require tight spreads. It can be used on any account and does not use dangerous grid methods.

The EA boasts a built-in compound interest money management by default and each trade has a stop loss (SL) and take profit (TP) that are not visible to the broker. These SL and TP are dynamic and can adapt to market volatility by default. A compensation mode is also available in the EA settings. What’s more, trend, oscillator, and day filters are built into the system.

Trading Pairs and Time Frame

The Price Action Trader EA works with the following trading pairs: AUDUSD, AUDNZD, NZDJPY, GBPJPY, CADJPY, GBPAUD, and EURCAD. The system operates on a D1 timeframe. The EA looks for entry opportunities at the end of a candle. If the system does not set orders after the day candle is formed (on the D1 timeframe), it means there were no entry signals available on the chart.

How to Install Price Action Trader EA

Installing the Price Action Trader EA is a straightforward process. You need to open 7 recommended charts, select the D1 timeframe on each chart, and attach the Expert Adviser to each chart. Then, apply the corresponding “Set_file” to EA, which can be retrieved from the “Comments” section on this page. Once installed, the robot operates automatically. It requires your PC to run 24/7, or you can use a Virtual Private Server (VPS) instead of a PC.

Independent Testing

For those who wish to see the Price Action Trader EA in action before deciding, independent testing of the product is available on the forexroboteasy.com website. Users can also subscribe to updates on the results of testing this product.

FAQs

1. What are the trading pairs for Price Action Trader EA?

The trading pairs are AUDUSD, AUDNZD, NZDJPY, GBPJPY, CADJPY, GBPAUD, and EURCAD.

2. Does the Price Action Trader EA use any dangerous grid methods?

No, the system does not use any dangerous grid methods.

3. How does the Price Action Trader EA manage money?

The EA has built-in compound interest money management by default.

4. How to install the Price Action Trader EA?

You need to open 7 recommended charts, select the D1 timeframe on each chart, and attach the Expert Adviser to each chart. Then, apply the corresponding “Set_file” to EA.

5. Where can I watch independent testing of this product?

Independent testing of the product is available on the forexroboteasy.com website.

We invite you to share your experience of using this product. This independent review aims to provide clear and unbiased information about the Price Action Trader EA, an automated forex trading solution. Your feedback is valuable and can help others make informed decisions.