GBPUSD PRO EA MT4 (Update 01/07/2024) – Free Download

Introduction GBPUSD PRO EA:

In the dynamic world of forex trading, staying ahead of the curve is paramount. Introducing GBPUSD PRO EA, a cutting-edge MQL5 expert advisor developed by a team of seasoned traders with over 13 years of experience. This groundbreaking tool is set to redefine how you approach trading the prestigious GBPUSD pair, offering unparalleled precision and profitability.

Unique Strategy:

GBPUSD PRO EA employs a revolutionary approach by continuously splitting a single trade into six smaller positions. This innovative strategy ensures enhanced risk management and adaptability in various market conditions. Unlike traditional methods reliant solely on Stop Loss orders, GBPUSD PRO EA strategically manages losing positions, gradually closing them using profits from winning trades.

Technical Specifications

Version: 5.1
Year of issue: 2024
Working pairs: GBPUSD
Recommended timeframe: H1
Minimum Deposit: $1000
Average of account: 1:30 To 1:1000

Best Brokers List

GBPUSD PRO EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

GBPUSD PRO EA Settings 

Advantages:

1. Optimized Risk Management: By dividing trades into smaller positions, GBPUSD PRO EA minimizes losses and maximizes potential profits.
2. Adaptability: The EA demonstrates resilience in volatile markets, adjusting its strategy to prevailing conditions.
3. Profitability: With its unique approach to handling losing trades, GBPUSD PRO has the potential to turn losses into gains, boosting overall profitability.
4. Ease of Use: GBPUSD PRO boasts a user-friendly interface and requires minimal configuration, making it accessible to traders of all levels.
5. Backtest Results: Comprehensive backtest results ensure transparency and provide valuable insights into the EA's performance.

Disadvantages:

1. Dependence on Market Conditions: While GBPUSD EA is designed to adapt to different market conditions, its performance may vary during extreme market fluctuations.
2. Broker and Account Requirements: Optimal performance requires specific broker types and account setups, potentially limiting accessibility for some traders.
3. VPS Requirement: Continuous operation necessitates the use of a Virtual Private Server (VPS), incurring additional costs for traders.

Review GBPUSD PRO EA Results

This EA (Expert Advisor) presents a compelling live trading result, showcasing a remarkable performance across various metrics. Let's delve into a comprehensive review:

1. Trade Volume and Success Rate: With a total of 259 trades executed, the EA demonstrates an active trading strategy. Impressively, it maintains a high success rate with 92.66% of trades ending in profit, reflecting the efficacy of its algorithm in identifying profitable opportunities.
2. Profitability Metrics: The EA's gross profit of 948.91 USD, achieved through 240 profitable trades, highlights its ability to generate substantial gains in the forex market. Conversely, the gross loss of 381.18 USD indicates that while losses occur, they are effectively managed, resulting in a favorable profit factor of 2.49.
3. Risk Management: The EA exhibits prudent risk management practices, as evidenced by its maximum consecutive wins of 108 trades and a maximal consecutive profit of 243.01 USD. Moreover, the maximum consecutive losses of 4 trades, with a minimal loss of -13.73 USD, demonstrate a resilient approach to mitigate drawdowns.
4. Performance Analysis: The Sharpe Ratio of 0.41 indicates a satisfactory risk-adjusted return, although there is potential for improvement in this area. Furthermore, the Recovery Factor of 7.72 underscores the EA's ability to recover from losses efficiently, enhancing its overall robustness.
5. Trading Characteristics: The EA predominantly engages in long trades (56.76%) but also demonstrates proficiency in short trades (43.24%), showcasing its adaptability to diverse market conditions. Additionally, the average holding time of 19 hours suggests a relatively short-term trading approach, ideal for capturing quick market movements.
6. Growth and Drawdown Analysis: With a monthly growth rate of 9.38%, the EA exhibits consistent performance over time, indicating its potential for long-term profitability. Despite experiencing drawdowns, both absolute and relative drawdowns remain manageable, reflecting the EA's ability to withstand market fluctuations.
7. Algo Trading and Automation: Operating at 100% automation, the EA eliminates emotional biases inherent in manual trading, ensuring disciplined execution of its strategy. This feature enhances consistency and reliability, contributing to its overall effectiveness.

In sommaire, the live result of this EA showcases a compelling performance characterized by high profitability, effective risk management, and consistent growth. While there are areas for potential optimization, such as improving the Sharpe Ratio, the EA's overall performance instills confidence in its ability to deliver favorable returns in the forex market. Investors may consider incorporating this EA into their trading portfolio, keeping in mind the importance of proper risk management and monitoring.

Conclusion:

GBPUSD PRO represents a paradigm shift in forex trading, offering traders unparalleled precision, adaptability, and profitability. With its innovative strategy and user-friendly interface, this expert advisor is poised to revolutionize how traders approach the GBPUSD pair. Embrace the future of trading with GBPUSD EA and unlock your full potential in the forex market.

Download GBPUSD PRO EA

Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.

Get GBPUSD PRO EA V4.2

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Get GBPUSD PRO EA V5.1

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