DayTrade Pro Algo EA focuses on trading price action around key daily support and resistance levels to leverage profit opportunities. The algorithm uses a systematic approach, incorporating stop-loss and take-profit levels for each trade, along with a trailing stop-loss to maximize profits and minimize losses. It is known for its reliability with an average of 10 trades per week. Users can also adjust settings to enhance profitability across different currency pairs.
Category – Expert Advisor (EA Robot )
Version – V3.30
Build – 1420+
Platform – Metatrader 4
Key Metrics
Versatile Adaptability: This algorithm offers significant versatility, enabling users to customize settings that cater to different trading styles and personal risk management needs.
Easy Setup: The “OneChartSetup” feature makes installation straightforward, allowing for a simple setup on a EURUSD Daily chart and providing a user-friendly experience.
Customized Risk Management: With various lot size options, the algorithm allows for flexibility in addressing different risk appetites, empowering traders to adjust their risk management strategies according to their specific preferences and goals.
Settings and Recommendations
Platform: Works with MetaTrader 4.
Currency Pairs: Supports trading in EURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD, GBPJPY, USDCAD, EURJPY, EURNZD, EURAUD, NZDUSD, AUDJPY, and CHFJPY.
Timeframe: Trading is conducted on the M1 timeframe.
Minimum Deposit: Requires a minimum deposit of $400.
Trade Frequency: Executes around 10 trades per week.
Risk Management: Utilizes Stop Loss (SL) and Take Profit (TP) levels for every trade.
Run Daytrade Pro Algo EA in Demo Account
When running the DayTrade Pro Algo EA, using a demo account is recommended, especially if you have limited skills in manual trading. Testing the algorithm’s performance in a demo environment allows you to evaluate its effectiveness without risking real money. This way, you can assess the results and gain confidence before investing.
Performance and Backtesting Results – Myfxbook / MQL5
Download Daytrade Pro Algo
Enjoy Daytrade Pro Algo EA
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Use another Expert Advisor
This article focuses solely on the TopGun Expert Advisor. We have also posted many other EAs on our website.