REV Trader PRO Forex Expert Advisor

REV Trader PRO – Forex Expert Advisor

REV Trader PRO is a free robot for trading currencies. Its use is limited to the list of certain forex brokers. The robot categorically does not use scalping strategy to avoid account reduction due to broker fees, slippage and spread widening. Besides, it is better to trade on longer timeframes. REV Trader PRO shows the best results with four major currency pairs, but theoretically it can be configured to trade any currency pair. The Expert Advisor successfully trades on default settings, but the trader is not limited by them and can configure any parameters at his discretion.

WorkerREV
Executive class mid-term
Type of Expert Advisor trend
Size of the lot no less than 1000 pips for 0.1 of the standard lot
Size of deposit, $100
Hand500
TimeframesH1
Strategiesyour strategy
Indicatorsnon-indicator
Recommendationed brokersFort Financial Services
Pair tool/forexEURUSD, GBPUSD, AUDUSD, NZDUSD
Yield, % p.a.57.36
Max. drawdown, % p.a.17.24
Rating6.7
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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