- January 30, 2024
- Posted by: Forex Wiki Team
- Category: Free Forex EA
XC Pips EA Review
Embark on a revolutionary journey in the world of forex trading with the XC Pips EA - a cutting-edge robot meticulously designed to enhance your trading experience. In this comprehensive guide, we delve into the features, strategies, and unparalleled benefits offered by the XC Pips EA.
The XC Pips EA Advantage
Discover the exceptional capabilities of XC Pips EA, developed to empower traders with advanced technology, robust strategies, and foolproof risk management. The discounted price, available until January 31, 2024, offers a unique opportunity to seize this unparalleled trading assistant .
Technical Specifications
Version: 1.0
Year of issue: 2023
Working pairs: EurUsd, GbpUsd, UsdJpy, XauUsd, BtcUsd, AudUsd, EurChf, EurGbp, GbpChfÂ
Recommended timeframe: H1
Minimum Deposit: $1000
Average of account: 1:30 To 1:1000
Best Brokers List
XC Pips EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Strategies at Your Fingertips
1. Trading with Banks
Unlock the insights of major financial institutions with positions derived from the biggest banks. This exclusive strategy ensures one position per pair, emphasizing Take Profit and Stop Loss, making Big Forex Players the only robot of its kind in the market.
2. Trading with Indicators
Harness the power of popular indicators - RSI, MACD, and Stoch - for medium to long-term positions. XC Pips opens a single position per pair, securing your trades with Take Profit and Stop Loss.
3. Trading with Robot
Experience the versatility of a multicurrency robot based on Price Action, Cycle Strength, SMA Strength, RSI, and custom indicators. Tailor your risk preference with Low, Medium, or High-risk modes, and witness the robot's ability to open multiple positions with precision.
4. Trading with SignalsÂ
integration of the Best Forex Signals service, providing short and medium-term positions to elevate your trading game.
Risk Management at its Core
XC Pips EA comes equipped with built-in risk management tools, ensuring your trading parameters adapt dynamically to protect capital and optimize returns.
XC Pips EA Backtest
This backtest of an Expert Advisor (EA) for trading the EURUSD currency pair shows that the EA had a profit factor of 4.47, an average profit of 75.82 per trade, and a maximum consecutive winning streak of 78 trades. The EA also had a maximum drawdown of 2050 pips, which is equivalent to 1.10% of the initial deposit.
Overall, the backtest results are positive. The EA was profitable and had a good win rate. However, the maximum drawdown was on the high side, so it is important to consider this risk when using the EA.
Here is a more detailed explanation of the backtest results:
- Profit factor:Â The profit factor is a measure of the profitability of an EA. A profit factor of 4.47 means that for every 1 unit of risk, the EA made 4.47 units of profit.
- Average profit per trade:Â The average profit per trade is the average amount of profit that the EA made per trade. In this case, the average profit per trade was 75.82.
- Maximum consecutive winning streak:Â The maximum consecutive winning streak is the longest period of time in which the EA made consecutive profits. In this case, the maximum consecutive winning streak was 78 trades.
- Maximum drawdown:Â The maximum drawdown is the largest percentage loss in the EA's equity. In this case, the maximum drawdown was 2050 pips, which is equivalent to 1.10% of the initial deposit.
The backtest results suggest that the EA is a profitable trading system. However, the maximum drawdown was on the high side, so it is important to consider this risk when using the EA. It is also important to note that backtest results are not always indicative of future performance.
Conclusion
XC Pips EA stands as the pinnacle of innovation, offering traders unparalleled strategies, risk management, and compatibility. Seize the opportunity before January 31, 2024, to acquire this extraordinary tool and elevate your forex trading journey to new heights. Our dedicated support team is ready to guide you every step of the way, ensuring your success in the dynamic world of forex trading.
Download XC Pips 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.