Channel Trader PRO – Forex Expert Advisor
Channel Trader PRO is a fully automatic tool for trading currency pairs. The application uses the most advanced investment technologies. The main advantage of the Expert Advisor is that it allows you to trade exotic currency pairs, along with the main ones. The strategy used by the Expert Advisor is based on the volatility indicator operating in two different periods. Channel Trader PRO shows average monthly profitability, which is twice as high as the average loss ratio. The Expert Advisor performs from three to ten trades per week and trades on average once a day. The activity of the Expert Advisor is not tied to certain trading sessions and places trade orders at any favorable moment.
Channel Trader PRO – detailed information
|Executive class||short-term and long-term|
|Type of Expert Advisor||Scalping|
|Size of the lot||no less than 1000 pips for 0.1 of the standard lot|
|Size of deposit, $||200|
|Recommendationed brokers||FxPro, IC Markets|
|Pair tool/forex||EURJPY, AUDUSD, AUDCAD|
|Yield, % p.a.||84.46|
|Max. drawdown, % p.a.||33.9|
|Autonomous account type|
|Maximum risk limit|
|Many series in one direction|
|Automatic start lot|
|Fixed Take Profit|
What is a Forex Expert Advisor?
In connection with the popularization of automated trading, many investors ask themselves what is a Forex Expert Advisor? First of all, it is a special program required to manage the trading process automatically, i.e. without the trader’s participation. A trader invests in the robot in advance, a kind of algorithm, the conditions on the basis of which the subsequent market activity is carried out.
How do forex advisors work?
When you trade manually, you need to analyze the market yourself, take into account the forex forecast for the current day, forex news and choose the entry points to the market. However, it is also possible to trade automatically, using special programs that do most of the work for a trader – forex advisors.
Why shouldn’t beginners trade with Forex Expert Advisors?
Trading involves obtaining a great deal of knowledge – understanding the functioning of the market and various nuances, including the ability to apply technical and fundamental analysis. Forex Expert Advisors, i.e. the programs used for automatic trading, cannot help it.