What is DayTrade Pro Algo EA?
DayTrade Pro Algo EA specializes in trading price action within significant daily support and resistance levels. These pivotal zones often draw price towards them, presenting lucrative profit opportunities. With a systematic approach, this algorithm implements stop-loss and take-profit levels for each trade, along with a trailing stop-loss mechanism to optimize profitable trades and mitigate losses. On average, it executes approximately 10 trades per week. Renowned for its robustness, the system offers interchangeable settings, allowing users to achieve profitability across various currency pairs.
Vendor website: https://www.mql5.com/en/market/product/97854
Original price: $499
Forex EAs Mall price: $17 (you save 95%)
Highlighted Features:
- DayTrade Pro Algo EA utilizes price action around daily support and resistance levels to generate profits, with a focus on using stop loss (SL) and take profit (TP) on each trade.
- The algorithm trades about 10 times per week and employs a trailing stop loss to maximize profitable trades and minimize losses, with interchangeable settings for different currency pairs.
- Expert Advisor is designed for use on Meta Trader 4 platform, with a minimum deposit requirement of $400, and operates on the M1 time frame for currency pairs such as EURUSD, GBPUSD, USDJPY, and others.
DayTrade Pro Algo EA Setting / Feature
- Used on platform: MetaTrader 4
- Currency pairs: EURUSD;GBPUSD;USDJPY;AUDUSD;XAUUSD;GBPJPY;USDCAD;EURJPY;EURNZD;EURAUD;NZDUSD;AUDJPY;CHFJPY;
- Time frame: M1.
- Minimum Deposit: 400$.
- EA will trade about 10 trades per week.
- This algorithm uses a SL and TP on each trade.
DayTrade Pro Algo EA Review
Expert Advisor work account ICMarketSC – Live20 1:500
Profit: 57%
Maxdraw down: 12.2%
Profit Trades: 73.7%
Loss Trades: 26.3%
Signal link: Click to view
How to install and run the DayTrade Pro Algo EA Trading Bot in Metatrader 4?
Step 1: Download the EA
- Ensure you have the DayTrade Pro Algo EA file on your computer. The file should have a .ex4 extension.
- Open MetaTrader 4.
Step 2: Install the EA in MetaTrader 4
- In MT4, go to the File menu and select Open Data Folder.
- Navigate to the following folder path: MQL4 > Experts.
- Copy the DayTrade Pro Algo EA file (.ex4) into the Experts folder.
- Close the folder and restart MetaTrader 4.
Step 3: Activate the EA
- In MT4, click on the Navigator panel (or press Ctrl+N).
- Under the Expert Advisors section in the Navigator window, locate DayTrade Pro Algo EA.
- Drag and drop it onto the chart for the asset and time frame you want to trade on (make sure it’s compatible with the EA’s instructions).
Step 4: Configure the EA
- A settings window will appear. Adjust the input parameters (such as lot size, risk level, and trading mode) according to your preferences or the recommended settings from the EA’s manual.
- Make sure to check the box next to Allow live trading in the Common tab.
- Click OK to apply the settings.
Step 5: Enable Auto Trading
- On the MT4 toolbar, click on the AutoTrading button to enable automatic trading. Ensure the button is green.
- You should now see a smiley face in the upper-right corner of the chart, indicating the EA is running.
Step 6: Monitor the EA
- The EA will now automatically execute trades based on its strategy.
- You can monitor its performance by observing the chart and trade tab.
- For best performance, ensure that you have a reliable VPS for continuous operation and check any specific broker recommendations for the EA to avoid execution issues.
Important:
Simply open a EURUSD Daily chart, enable the “OneChartSetup” in the parameters and set your lotsize.
For low risk, I recommend using LotsizeStep = 1000 or higher.
For Medium risk, I recommend using LotsizeStep=700
For High Risk, I recommend using LotsizeStep=500.
Important: these values are based on USD/EUR accounts. For other accounts, please convert these values to your account currency (ask me in pm if you have questions about this)
If you encounter any problems or need detailed instructions, please refer to the documentation provided with the DayTrade Pro Algo EA or contact us directly for the fastest support.
DayTrade Pro Algo EA Download
Link download DayTrade Pro Algo EA V2.61 MT4 With SetFiles Build 1420+ will be sent to your email after purchase.
+ Expert :
- DayTrade Pro Algo.ex4
- Unlimited / NoDLL / Presets / Build 1420
- Free 1 Year Updates
Payment
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Memo: Your email + EA name
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Please read and agree to our terms and conditions and policies before ordering.
Check EA on Demo Account:
- The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.
- Before use, please test the EA on a demo account first.
- Profits are not guaranteed, and for success, risk management, emotional control, and a steadfast attitude are crucial.
Please test in a demo account first for at least a week. Also, familiarize yourself with and understand how this EA works, then only use it in a real account.
Shipping and Delievery:
The product download link will be sent to your email ASAP. No physical products will be sent to your home.
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- The download link will be sent to your email within 5 minutes after the order is confirmed.
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