Ilan 2.5 Dynamic is one of the most popular Expert Advisors for automated trading in the Forex market. One of the reasons for its popularity is the fact that it is very well suited for working with small deposits, thus allowing you to trade without the risk of large losses. Thanks to a small number of settings and external parameters, the Expert Advisor is easy enough to configure even for beginners. In order to determine the entry point into the deal, this Expert Advisor uses a standard technical indicator RSI. In addition, Ilan 2.5 Dynamic uses its own headland search system. The Expert Advisor is relatively safe, because the ratio of profit to drawdown during its existence is more than two. The Expert Advisor is suitable for all types of accounts, in particular for ECN and NDD, and can work on both four- and five-digit accounts. But it should be remembered that in the case of five decimal places, most brokers have lower spreads and the accuracy of the EA itself is higher. The Expert Advisor uses timeframes from M5 and above, using a martingale strategy. Ilan 2.5 Dynamic can be used simultaneously with other forex advisors, but it is necessary to pay attention that their magic is not identical.
Ilan 2.5 Dynamic – detailed information
|Type of Expert Advisor||flute|
|Size of the lot||not less than 10000 units per 0.1 standard lot|
|Size of deposit, $||5000|
|Timeframes||from M5 and above|
|Strategies||only mathematical algorithms (Martingale principle)|
|Indicators||Standard technical indicator RSI, own system of search for reversal points|
|Recommendationed brokers||Exness, RoboForex, Instaforex|
|Pair tool/forex||EUR/USD,GBP/USD, AUD/USD|
|Yield, % p.a.||8.30|
|Max. drawdown, % p.a.||15.85|
|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.