Description

Daytrade Pro Algo EA V2.80 MT4

Overview

The Daytrade Pro Algo EA V2.80 is an expert advisor (EA) designed for MetaTrader 4 (MT4). Developed by Profalgo Limited, this algorithmic trading system offers several key features:

1. Broker Independence: It works with various brokers.
2. Spread Independence: The EA adapts to different spreads.
3. Stable Backtests: Real variable spread tests show consistent results on MT4, MT5, and TDS2 platforms across multiple brokers.
4. Robust System: Settings are interchangeable, allowing profitable trading even when using settings from different currency pairs.

Trading Strategy

The EA employs a price action strategy around major daily support and resistance levels. Here’s how it works:

• Entry Points: Price tends to gravitate toward these highs and lows, creating profitable opportunities.
• Risk Management:
  • Stop Loss (SL) and Take Profit (TP): Each trade has predefined SL and TP levels.
  • Trailing Stoploss: To maximize profits and minimize losses.
• Trade Frequency: Approximately 10 trades per week.

Recommended Settings

• Minimum Balance: Start with at least $100 better to start with $400.
• Lot Size Calculation:
  • Low Risk: Max Risk Per Pair = 3
  • Medium Risk: Max Risk Per Pair = 7
  • High Risk: Max Risk Per Pair = 15

How to Run the EA

1. Open a EURUSD Daily chart.
2. Enable the “OneChartSetup” parameter.
3. Set your lot size using the recommended risk levels.
4. Backtest each pair separately on the M1 timeframe (disable “OneChartSetup” for backtesting).

You can check more on –

yoforex.org

fxcracked.org

forexfactory.cc

yoforexea.com

mql5.software

How to Get Started

1. Download :
   • Download Daytrade Pro Algo EA V2.80 from the provided link. https://www.yoforex.org/product/daytrade-pro-algo-ea-v2-80/
   • Visit our website https://www.yoforex.org/ for additional resources and insights.Contact:  @yoforexpremium

 

😎💫Happy Trading💫😎