Williams Pro EA, an expert advisor for the Forex market, is built on the basis of solid trading principles. Distinct from numerous other trading advisors, it does not bank on a grid system or martingale strategy, which are often associated with unpredictable and high-risk trading. This expert advisor employs highly trustworthy and effective indicators to gauge market momentum, thereby helping to pinpoint potential buying and selling opportunities.

A Unique Approach to Forex Trading

At the core of Williams Pro EA’s functionality lies the Williams % R indicator which it uses for precise entries. Additionally, the expert advisor employs exponential moving averages applied to high and low prices, along with the average true range for timely exits. If the trade moves favourably, the algorithm modifies stops to break even. This makes it a reliable tool for Forex Trading, particularly on the USDJPY M30 although it can be used with other high momentum instruments and on other timeframes.

Backtest Results: A Reflection of its Performance

Backtest results of Williams Pro EA on USDJPY M30 from 2019-2023 are reflective of the default parameters. The results showcase the efficacy of the program, which is further enhanced by the recent incorporation of a neural network trained specifically for the USDJPY.

Key Advantages of Williams Pro EA

One of the fundamental advantages of this expert advisor is the hard stop loss placed on all trades as soon as the trade is initiated. This feature helps in preventing massive losses. Additionally, mechanisms are set in place to exit the trade early on losing trades, or before a reversal; this helps secure profits. Furthermore, Williams Pro EA can be attached to more than one chart by changing the magic number, making it a versatile Forex Trading Software.

Additional Features of Williams Pro EA

An added feature of this expert advisor is the calculation of lot size for each trade. It can be calculated to risk a fixed percentage of your account balance or a fixed lot size can be used. Moreover, it also offers time settings, allowing the expert to only trade within specified times.

Neural Network Filter: A Unique Feature

The recently added Neural Network Filter is an innovative feature of the Williams Pro EA. This filter adds another layer of accuracy and efficiency to the trading software.

Frequently Asked Questions About Williams Pro EA

Is Williams Pro EA a reliable Forex trading tool?
Yes, it is designed on a foundation of sound trading principles and uses highly reliable indicators to measure market momentum and identify potential buying and selling opportunities.

Does Williams Pro EA support multiple charts?
Yes, it can be attached to more than one chart by changing the magic number.

How does Williams Pro EA manage risk?
Williams Pro EA places a hard stop loss on all trades as soon as the trade is initiated, helping to prevent massive losses.

For independent testing of this product, visit the forexroboteasy.com website. You can also subscribe to updates on the results of testing this product. Feel free to share your experience of using this product, as it may be beneficial to other traders. Please note that this is an independent product review and does not represent any official endorsement of the product.