Pivot Trader PRO Forex Expert Advisor

Pivot Trader PRO – Forex Expert Advisor

Pivot Trader PRO is a fully automatic trading software. The advisor knows how to trade six major currency pairs. A remarkable feature of the application is the so-called unique triple transaction verification, which is a system of confirmation of transactions. The trading robot was developed by Doug Price, the author of the Vortex Trader PRO robot. Pivot Trader PRO is a paid application and costs $799, which makes it one of the most expensive trading robots on the currency market. But all updates of the Expert Advisor are provided to its buyers absolutely free of charge. The strategy used by the robot is based on a unique calculation of beer levels to make a profit from a price reversal.

WorkerPivot Trader
Executive class mid-term
Type of Expert AdvisorScalping
Size of the lot no less than 5000 pips for 0.1 of the standard lot
Size of deposit, $500
Hand400
Timeframes any
Strategiesscalping
Indicatorsyour own indicators
Recommendationed brokersFxPro, Fort Financial Services
Pair tool/forexEURUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, EURGBP
Yield, % p.a.65.42
Max. drawdown, % p.a.28.37
Rating7.5
Autonomous account type
Indicator
Multiple use
Free use
Mini deposits
Maximum risk limit
ECN
NDD
Many series in one direction
Automatic start lot
Fixed stop-loss
Fixed Take Profit
Automatic shoulder
Created, year2015
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.

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