Goldbull Expert Advisor is a paid application for automated trading. Its price ranges from 129 to 259 depending on the functionality and number of licenses. The Expert Advisor is able to trade three major currency pairs and is a fully automatic robot for currency trading. The software opens an average of seven trade orders per day and its maximum profitability coefficient, according to the developer, is 6.58, while the average loss ratio is only 9 percent. As for the average monthly profitability of the Expert Advisor, it is 60 percent. The program is very easy to use and requires only initial installation. All trading parameters can be configured by the robot itself, however, it is accompanied by an instruction for experienced users, allowing the trader to make fine adjustments according to his wishes.
Goldbull Pro – 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|
|Pair tool/forex||EURUSD, GBPUSD, USDJPY|
|Yield, % p.a.||57.42|
|Max. drawdown, % p.a.||34.40|
|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.