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Scalping Bot by Profectus AI
Overview of the Scalping Bot by Profectus AI
- This innovative bot utilizes a simple fractal breakout strategy.
- Designed for small trading accounts to maximize potential profits.
- Offers fast and efficient trade executions based on local highs and lows. ๐
Key Features
- Utilizes fractals to identify optimal entry points for long and short positions.
- Comprehensive settings covering timeframes, risk management, ATR-based stop-loss, and take-profit levels.
- Backtested reports showcasing high winning ratios and low drawdowns, validating its effectiveness.
- Available for free with options to upgrade for enhanced features. ๐
Optimal Usage Conditions
- Best applied to currency pairs like EUR/USD and USD/JPY during liquid market hours.
- Requires a minimum deposit depending on the trading account setup.
- Recommended to automate trading strategies for consistent results.
Backtesting and Performance
- Demonstrated a winning ratio of 87% over 151 trades with a maximum drawdown of 7.6%.
- Shows successful performance over various market conditions from backtest reports available for users.
Community and Support
- Active user community providing feedback and sharing experiences.
- Educational resources available, including comprehensive guides on using the bot with platforms such as MetaTrader 5.
- Encourages user engagement and discussion to enhance trading strategies. ๐
Is the Scalping Bot by Profectus AI the holy grail of trading systems, or just another overhyped tool waiting to fail? Join us as we dissect its inner workings, scrutinize the user feedback, and see if it truly holds its ground in the fiercely competitive Forex arena. Prepare for ...
Release Date: 18/11/2023