Standard Deviation Channels
With many other confirmatory indicators this is a deceptively simple custom indicator used by MaxScalper according to which it goes long when the GBP hits the bottom of the channel while goes short when the GBP hits the top of the channel which is then used to determine the exit point with trailing stop protection.
The Triple Greenlight Confirmation Indicators
If current market clues like volatility, volume and price action resulted in all system indicators give a green light, a trade is automatically set by MaxScalper, if not, it keeps you safe.
Stop Loss & Take Profit Management
MaxScalper sets exits dynamically so that, if it signals more possible profits, it won't exit early clipping and maximizing profits in every trade.
Trailing Stop System
It allows MaxScalper to continue profiting on reversals and protect the account from loss waves that might swipe out the already made profits.
The Second Chance Backup Switch
If a trade was started too early, MaxScalper start looking for the possible closest entry point, when found it's added to the position for a better average rate, then when the GBP corrects it direction, the system would either let the trades double your profits or close them out early to protect the account trying to achieve a breakeven or a small profit gain.
Swing trading methods could hold positions for days or weeks making reliable gains for months, then chaos strikes suddenly, MaxScalper is not a swing trading EA.
Short term scalpers can clip a handful of pips on each win but they are too small to accommodate for their losses due to inaccuracies of the current new trading environment, MaxScalper isn't that type of EAs too.
Virtual Take Profit System
- It's a horizontal TP line used by the EA to close orders.
- This line is recalculated every time the EA starts an order series either automatically or manually.
- When the price comes close to the TP line with a preset distance defined as Tral_Start, the line color is changed to the Tral_Color and the EA is triggered to trail profits of all the series.
- Tral_Size is another preset value which limits the TP line following the price when it moves in the right direction, but when it doesn't and reverses, the series will be closed at the TP level.
Benefit EA can trade on more than just Currency Pairs, it can trade CFD ang Metals too.
It includes a multiple strategy trading system in different market conditions, so it can trade in a trend and flat markets, on pullbacks during market correction and as a scalper!
It also has a powerful protection system against balance loss that minimizes the risks!
It quietly tolerate temporary disconnection.
Forex Seven EA trades on 20 different currency pairs till a sufficient total equity profit is reached, then it closes profitable trades. It's a highly reliable system with strict control over drawdown providing a high degree of protection to the account being traded.
The wide range of tradable currency pairs (up to 20 pairs), gives Forex Seven EA the ability to cover even loser trades by other winning trades profits. No more old style martingale trading, thanks to Forex Seven EA New technology!
Why Scalp Trader PRO Wins While Other Scalpers Lose?
- Trading Frequency: It's well known that many scalpers are high frequency trading robots, and this can cause a loss of control and expose the account to high risk, Scalp Trader PRO maintains a safe and controlled trading frequency.
- Profit Lock Algorithm: Scalp Trader PRO uses this unique algorithm to prevent turning winning trades into losing ones, its composed of certain indicators and calculation to determine the most suitable times to lock in profits.
- Sophisticated Exit Technology: Some scalpers have no stop loss or too high stop loss. A prophylactic realistic Stop Loss is set by the Scalp Trader PRO but never applied before the earlier more profitable exit chances.
- Minor Slippage Problem: Many scalpers trade stop loss and take profit are very tight and this leads the system to succumb to minor slippage by the broker that slips the trades or has too high spreads turning the trades that should be profitable into losing trades, Scalp Trader PRO trade exits are high enough not to cause that problem.
- Controlled Trading Environment: Scalp Trader PRO trades only during specific volatilities, conditions and price action positions, NEVER randomly but based on precise calculations to determine entries and exits.
Once there is a potential kick in an opposing direction, the system will use its meticulous intelligent algorithm to scan and analyze it and determine if it's just a temporary move or not and signals a continuation pattern starting.
It generally trades every week, but sporadic days with no trades can exist, this is how it avoids unnecessary risk for the account.
Many trading strategies are involved in the EA, StopLoss and maximal risk is always set for every trade. An advanced Risk / Reward analyzer system precisely determines opportunities and lot sizes before opening trades.
A high spread observation system that attempts to cancels all pending orders if the spread widens is also included.
Beside that, balance defense and money management systems are also included.
No martingale, grid, averaging or arbitrage tactics are involved. Its trading frequency average is about 4-5 trades a day.
EAImpala monitors the current Forex market situation, analyzes hundreds of data parameters in real time on unique mathematical and statistical models, tracks the desired patterns and instantly responds with the appropriate action on the MetaTrader platform.
The robot never exposes your account to reasonable risk, it just strictly adhere to algorithms.
It's not a high frequency scalper as on average it trades about 200 to 300 times a year. It focuses on short term trades to smartly enter and leave the market harvesting its profits with limited exposure to rapid market movements.
It implements the successful Forex trading behaviors including emotion, verifications, trade management, money management, and market awareness into its trading strategy.
The whole strategy is up to date with the latest developments included. The working core of this Forex robot is market resistance levels based. Over the past years Everex Elite trader / coder team have successfully developed a continuously adaptive StopLoss system that required statistics generation and in depth analysis aided by various advanced mathematical software applications. Another scientific approach was mathematical connections search in the Forex market data dynamics and analyzing them depending on a variety of new generation mathematical researches like Neural Networks, Reinforcement Learning, Support Vector Machines and many others.
Generally, Everex Elite is in trade only for 30 seconds, an enough period for its intelligent StopLoss system to analyze, evaluate and react to all market movements to generate the required data to modify the StopLoss value about 20-30 times during every trade. This all grants the ability of Everex Elite to be constantly profitable in the previous 6 years.
The breakout trading style of Goldbull PRO is not a new concept, it's been used by top professional traders for years for its characteristic large profits.
A breakout is the point where the market price starts to break away or exit the current trading range which is determined by a high and a low price for a certain period of time.
The accepted market concept "Buy Low, Sell High" is risky and has no role here, instead "Buy High, Sell Higher" in a bull market and "Sell Low, Buy Back Lower" in a bear market are the accepted concepts for Forex market breakout trading.
Unlike other trading systems, breakout style systems don't wait for market reversal which may delay for weeks or months or even years in some markets to enter, but it join a market trend in motion which is more likely to continue than a market reverse.
Goldbull PRO is an intelligent fully automated breakout system always uses StopLoss and carefully manages every trade with built in money management system!
Trading more pairs recovers from the fact that an accurate Forex strategy trades less frequently, so Swing Trader PRO achieves both accuracy in trading and high frequency trading (through trading more pairs) that generates more trade opportunities with more pips gained and profits increase.
Unlike most traders who prefer trading lower timeframes as M15, M30 and H1, trading higher timeframes as H4, and the DAILY gives you a more generalized view over the market behavior which gives you the ability to squeeze the most pips out od every trade.
After you open a trade following the system notifications, you'll need to provide it with the stop loss, take profit, and optionally trailing stop which are suggested by the system too, then the trading platform will manage the trades for you.
The dynamic risk vs reward ratio system included in Swing Trader PRO is based on the the linear regression calculations and depends on certain levels positions as there is no exact identifiable balance to risk vs reward, this aims finally to make more money than losing (maximize generated pips and minimize drawdown).
Generally, Swing Trader PRO will put the risk somewhere between half and equal to the reward, it's most reasonable to be 1:1 or even 5:1 risk:reward ratio.
System Alerts, Notifications and Trade Verification
- Sound and box alert for the pair with a trade opportunity, so no need to watch over the 27 currency pair charts.
- On screen arrow notification of the forming trade opportunity with entry point, stop loss, take profit, and trailing stop suggestion.
- More few simple confirmations to verify the trade signal validity significantly increasing the win rate.
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