- September 27, 2023
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Japanese Trend Predictor Review
Forex trading has always been a complex space, packed with challenges yet brimming with potential. With the advancement of technology, algorithmic or EA (Expert Advisor) trading has taken the limelight, offering traders hands-off, strategic interventions to optimize returns. One of the newest entrants in this EA sphere is the Japanese Trend Predictor, a game-changer designed specifically for the EURJPY currency pair.
What is the Japanese Trend Predictor?
The Japanese Trend Predictor is an expert advisor tool designed with a robust breakout strategy to optimize trading with EURJPY. While currently, it solely supports EURJPY, future iterations are expected to encompass more JPY pairs.
Best Brokers List
Japanese Trend Predictor EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Japanese Trend Predictor EA Settings:
Open Tools –> Options –> Expert Advisors. Check the option “Allow WebRequests for listed URL” Add the following: “https://nfs.faireconomy.media” and press “OK.” The EA takes news from the specified websites.
Salient Features:
- Security First: A definitive stop loss per trade ensures the protection of capital, safeguarding traders against volatile shifts.
- No High-Risk Strategies: This EA distances itself from risky strategies, such as Martingale, Grid, Double Lot, Averaging, ensuring consistent results over dangerous short-term gains.
- User-friendly Experience: With its 'Set and Forget' mantra, traders can plug, play, and then safely ignore the tool while it works its magic.
- Exclusivity: A crucial safety note to consider is that the authentic Japanese Trend Predictor is exclusively available via MQL5.com. Purchasing from any other source means acquiring a potentially flawed version devoid of official updates and support.
Installation: Hassle-Free and Streamlined
The Japanese Trend Predictor doesn’t demand a steep learning curve. A few simple steps can get you started:
- Attach the EA to your chart.
- Input your capital details: Decide between a Fixed lot or Autolot for maximum efficiency.
- Run the EA: As touted, you can now forget about it.
Note: To ensure optimal operation, this EA requires an ECN or low-spread broker.
Reliability: Back-testing and Real-time Results
Any serious trader knows the importance of back-testing a strategy. The Japanese Trend Predictor stands tall, having been back-tested from 2003 to 2023 using real ticks in MT4, supported by Dukascopy Real Ticks with 100% tick quality. These tests' promising results are now mirrored in live trading across various brokers.
Key Setup Details:
- Back-test Duration: 2003 - 2023
- Settings: Reach out directly to access the optimal set file.
- Brokers: Universal applicability.
- Deposit Recommendations:
- Minimum: $50/0.01 lot
- Suggested: $200/0.01 for Autolot
Japanese Trend Predictor EA Results
Conclusion: The Future of Forex Trading
The Advanced Japanese Trend Predictor signifies what the future holds for Forex trading: strategic, safe, and supported by technology. As with any investment tool, due diligence is paramount. But for those who seek a tried and tested EA designed for long-term results, this product may just be the answer. Always ensure that you're interacting with an authentic source and stay vigilant against potential scams in the ever-evolving digital realm.
Download Japanese Trend Predictor EA
Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.
Disclaimer: All trading involves risks. It's essential to do your own research and consider seeking advice from a licensed financial advisor before making any trading decisions.