Pro Forex EA can get a bit risky sometimes since it utilizes the martingale method sometimes. Because of this method, this EA has a very high ROI(Return on investment). How Much Profit you can make monthly depends on your lot size and risk value.
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After a Long time of using this strategy, Blocking your account is inevitable. However, with the periodic withdrawal of investments, the probability theory works in our favor. After the initial investment is withdrawn, the dangerous martingale strategy becomes break-even and highly profitable.
Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how this Gap Sniffer Robot works, then only use it in a real account.
Recommendations for this Pro Forex EA
- Minimum Account Balance of 1000$(Medium risk), and 100$ cent account for Low risk.
- Work Best on EURUSD, GBPUSD(Work on any currency pair)
- Work best on M1. (The higher the TimeFrame, the fewer the trades. So, M1 Timeframe has the highest amount of trades)
- This Pro Forex EA should work on VPS without interruption and with low latency to reach stable results.
The Gap Sniffer Pro EA has been developed by an experienced trader who uses the EA for their private trading. This means that the EA is designed with the needs of real-world traders in mind and has been thoroughly tested in various market conditions to ensure its efficiency.
- MAGIC – magic number for the EA’s orders
- Lots – traded lot size
- Stop – fixed stop loss in points
- MM – using money management
- MMRisk – coefficient of lot linear dependence on funds in money management
- Spread – maximum allowable spread value
- Reverse – using a reverse after stop loss triggering.
- RevStop – fixed stop loss in points for the reverse trade
- RevTake – fixed take profit in points for the reverse trade.
- Profit Trailing – using the trailing stop function (true/false)
- Trailing stop – fixed trailing stop value (in points)
- Trailing step – step of trailing stop
- Slippage – allowable slippage
Conclusion for Gap Sniffer Pro EA
In conclusion, the Gap Sniffer Pro EA is a versatile and powerful forex trading robot that can help you capitalize on the gaps in the market with its advanced trading strategies. With its customizable settings and compatibility with various time frames and account types, this Expert Advisor is perfect for traders looking for a reliable and efficient way to grow their investments. Give Pro Forex EA a try and start benefiting from its innovative approach to forex trading.
Recommended Broker
Click Here⫸ to Trade with a Trusted Global Broker XM
- Platform: Metatrader4, Metatrader5
- Currency pairs: NZDUSD, USDCAD, AUDNZD, AUDCAD, NZDCAD, GBPCHF, XAUUSD (GOLD), BTCUSD (BITCOIN)
- Trading Time: Around the clock
- Timeframe: M5, M15, M30, 1H, 4H, 1D
- Minimum deposit: $100
- Recommended broker: XM