ProTrader is not just an Expert Advisor in the traditional sense. It’s more like a powerful investment tool. The external features of this EA are similar to other EAs, in particular, it is also installed, do not forget that the EA comes with a dll library, which also needs to be installed. ProTrader Expert Advisor is suitable for both experienced and novice traders. The application allows implementing a wide range of professional trader’s investment tools. The Expert Advisor is highly informative, significantly surpassing the trading terminal for which it is used. In addition, ProTrader allows you to instantly open trades. The Expert Advisor allows you to free up additional space in the trading terminal for technical analysis, making the trading chart displayed on the full screen, thus saving traders from the need to use the terminal window with transactions and orders. ProTrader allows you to make a reversal of positions, as well as has the Breakeven function, i.e. transfer to a lossless position, thus protecting transactions from minuses. The Close all function allows you to open all trades in the terminal at once, if it is absolutely necessary.
ProTrader – detailed information
|Type of Expert Advisor||network|
|Size of the lot||not less than 10000 by 0.01 of the standard lot|
|Size of deposit, $||1000|
|Timeframes||from M1 and above|
|Indicators||MA, CCI, RSI, Stochastic|
|Recommendationed brokers||Exness, FxClub|
|Yield, % p.a.||14.89|
|Max. drawdown, % p.a.||11.35|
|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.