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Overview
The Price Action Pro EA is a highly efficient forex trading robot that specializes in scalping strategy for XAUUSD trading. It is designed to take advantage of price movements within a specific time period, using an algorithm calculation in every tick for filtering. This EA follows short trends simultaneously, making it a very active and fast scalper.
Key Features
1. Fast Scalping Strategy: The Price Action Pro EA is specifically designed for fast scalping in the forex market, with a focus on XAUUSD trading. It takes advantage of short-term price movements to generate profits.
2. Algorithm Filtering: The EA uses an algorithm calculation in every tick to filter out potential trades. This helps in identifying the most profitable trading opportunities and avoiding unnecessary risks.
3. MQL5 Group Membership: When you purchase the Price Action Pro EA, you gain access to the private MQL5 group where you can join discussions and share new set files with other members. This allows you to stay updated with the latest trading strategies and optimize your trading experience.
Recommended Settings
For optimal performance, it is recommended to use the following settings:
- Time Frame: M1
- Setting Default for GOLD/XAUUSD
- UseTrailingStop -> TRUE
- OptionTrailing -> TrailingFromMinus (If Use Trailing from Minus, then Trailing Stop will be Disabled/Not Used)
It is important to use different magic numbers for each pair to avoid any order issues. Additionally, set the start hours for opening the market and end hours for closing the market. The Price Action Pro EA opens only one position until the order is closed, making it suitable for low deposit trading.
FAQ
1. Can I watch independent testing of this product?
Yes, you can watch independent testing of the Price Action Pro EA on the forexroboteasy.com website. They provide detailed results and updates on the performance of this product.
Absolutely! We encourage users to share their experience of using the Price Action Pro EA. Your feedback and insights can help other traders make informed decisions.
Overall, the Price Action Pro EA is a powerful forex trading system that excels in scalping XAUUSD. With its fast and active trading approach, coupled with algorithm filtering, it offers a promising opportunity for traders looking to capitalize on short-term price movements. Join the MQL5 group and start optimizing your trading strategy with the Price Action Pro EA today!
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1 review
Upon first use, I found the user interface to be quite confusing. The layout was not intuitive, making it difficult to navigate through the different features. I spent a considerable amount of time trying to understand how to properly use the software, which was time I could have spent trading. The software also claimed to have a reliable and accurate prediction system. However, I found that the predictions were often inaccurate and unreliable. This led to several losses on my part, which was extremely frustrating. I understand that forex trading involves risks, but the number of incorrect predictions was simply too high to be considered acceptable. Furthermore, the customer service was less than satisfactory. I reached out to them several times with queries and complaints, but the responses were either delayed or not helpful. This lack of support made my experience with the software even more frustrating. The software also lacked some key features that I believe are essential for any forex software. For instance, it did not have a stop-loss feature, which is crucial for limiting potential losses. This omission made me question the credibility of the software. In conclusion, my experience with the "Price Action Pro EA" was not a pleasant one. The software was difficult to use, the predictions were unreliable, the customer service was poor, and it lacked essential features. I would not recommend this software to other traders. It's important to invest in a software that is reliable, user-friendly, and has a good support system, and unfortunately, "Price Action Pro EA" did not meet these criteria.