EAdvisor Nostradamus S is the embodiment of a profitable trading strategy, which is based on the principle of trading the market on significant price fluctuations. This means that the price of a currency pair goes from a few tens to several hundred points in a short period of time, usually a few minutes. This fact allows you to make a profit in a short time without the need to be in a drawdown for weeks. Nostradamus S is a trend advisor working on a breakout strategy. The recommended deposit for working with the Expert Advisor is at least one thousand units per 0.1 standard lot. The permitted timeframes are within the range of M1 and above. The distinctive feature of the Expert Advisor is that it opens a lot of deals in a row on the trend, with a fixed stop and profit. Competently assess the risks of the Expert Advisor allows the presence of strictly limited trade orders. A large number of trades contribute to obtaining significant rebates from the broker. At the same time, the trades following each other by the trend are separated between each other in points and with some delay in time, in order to avoid a large number of simultaneous requests to the trading server.
Nostradamus S – detailed information
|Worker||Gamma Markets LTD|
|Type of Expert Advisor||trend|
|Size of the lot||not less than 1000 units per 0.1 standard lot|
|Size of deposit, $||1000|
|Timeframes||from M1 and above|
|Indicators||Parabolic SAR, Moving Average|
|Recommendationed brokers||Forex4you, RoboForex, InstaForex|
|Yield, % p.a.||9.7|
|Max. drawdown, % p.a.||1.51|
|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.