Elexeer Expert Advisor has been developed exclusively for use in the MetaTrader4 trading terminal. The application is as intuitive as possible and requires only initial installation and minimal setup to get started. The software uses a combination of classical trading strategies and makes a series of small deals to take advantage of the “overbought” and “oversold” environment. The Expert Advisor is suitable for trading most currency pairs and can place several trade orders simultaneously, but not too many at a time, however. Elexeer is notable for its very fast order execution. Visualization of trade information is conveniently executed in the form of clear trade charts. The Expert Advisor is a paid one, its value starts from 299 dollars, depending on the functionality and number of licenses.
Elexeer – detailed information
|Type of Expert Advisor||trendy|
|Size of the lot||no less than 1000 pips for 0.1 of the standard lot|
|Size of deposit, $||1000|
|Timeframes||from M1 and above|
|Strategies||combination of strategies designed to conduct a series of small deals|
|Recommendationed brokers||Exness, XM.COM|
|Pair tool/forex||EURUSD, GBPUSD|
|Yield, % p.a.||63.32|
|Max. drawdown, % p.a.||24.30|
|Autonomous account type|
|Maximum risk limit|
|Many series in one direction|
|Automatic start lot|
|Fixed Take Profit|
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.
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.
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.