- September 27, 2022
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Algo Fx Trade EA Review
As part of the "PULSE OF MARKET" initiative, this item was developed.
A sophisticated method called EA's "Algo Fx Trade EA" takes use of the distinctive currency fluctuations between the AUD, CAD, and NZD. According to historical data, whenever these pairings are utilized in composition, the first moving pair invariably returns after a rapid movement in one direction. This discovery could enable us to incorporate a grid-martingale system that can maximize the points from these particular circumstances.
Only 3 pairings are used in EA "Undefeated Triangle": AUDCAD, AUDNZD, and NZDCAD.
Requirements
Money pairings that are supported include AUDCAD, AUDNZD, and NZDCAD.
Suffixes should be present in the Setup Pairs, for example, AUDCAD.a.
Time period: M15.
The EA is susceptible to slippage and dissemination. I suggest choosing a reputable ECN broker.
The EA should be active at all times.
Although EA employs the adaptive lot-sizing algorithm, low leverage accounts (1:30 and lower) may experience issues with the margin need. You can utilize the Maxed Risk or Deposit load% approach to change your own starting lot size or boost account equity as a fix.
Advantages.
Real account monitoring;
Significantly less expensive than competing options;
operate on small accounts, even one dollar;
there are no intricate needle specifications;
Simple to use
Best Brokers List
The Algo Fx Trade EA works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:
Algo Fx Trade EA Setting
Parameters
- Short Name (In Comment Section) – appears in Journal or Account History in the comment section;
- Print Logs On Chart - on/off Info-panel;
- Display Options – allow adjust for 4K display resolutions;
- One Chart Setup Pairs – list of selected pairs to trade (must change for suffix);
- Magic - identifier of trade position;
- No more Initial Trades (only grids) – no more new Initial Trades, only grids;
- Symbols open at same time – number of symbols opened at the same time;
- *Lot Sizing Method - select the lot sizing method according to the risk you want to take;
- Fixed Lot – the size of initial trade;
- Deposit load % - value for adjusting your own initial lot size.
Algo Fx Trade EA Free Download
We highly recommend trying the Algo Fx Trade EA with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.
Get Algo Fx EA
Password : 123456