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Overview
The IPRO Zar EA, a renowned Forex trading software, has undergone a significant revamp in its strategy, marking a fresh start for Forex traders in 2023. After a year of intensive development and testing, a new strategy has emerged, replacing the previous one that no longer yielded desired results.
Profit Generation: Long-term and Short-term
The primary objective of the revised strategy is to maximize profits using the EA over a reasonable period. The IPRO Zar EA is now designed to generate smaller profits over the long term, allowing the account to grow steadily. Simultaneously, it is also capable of reaping larger profits in the short term, albeit at a higher risk.
Trading Pull-backs and Recovery Function
The updated EA looks for pull-backs in the Forex market and trades them when the conditions are right. In case of any setbacks, the recovery function kicks in, which includes a smart martingale. However, it is important to note that while martingale is a common strategy used by the best EAs, it carries a high risk and can potentially blow up your account.
Customizable Settings and Versatility
The IPRO Zar EA offers a variety of settings that can be adjusted according to the trader’s needs, unlocking more potential in the EA. It is compatible with several symbols, the most effective ones currently being NZDUSD, EURNZD, and GBPNZD. It also works with NZDCAD, AUDCAD, AUDNZD, EURUSD, USDCAD, etc. However, traders are advised to be mindful of the risk when testing new pairs or recommended ones.
Requirements and Parameters
For optimal performance, the IPRO Zar EA requires a minimum balance of 500 – 1000 USD. It works best with the M15 timeframe and can be used with any broker or account. Some of the key parameters include Max Money To Trade, Amount, Hard-Close, Auto-Lot, Manual Lot-Size, Risk, and Decrease Risk. Each of these parameters can be adjusted to suit the trader’s individual strategy and risk tolerance.
FAQ Section
In this section, we address some of the common questions about the IPRO Zar EA and its new strategy for 2023.
Independent Testing and Updates
Traders interested in the IPRO Zar EA can watch independent testing of this product on the forexroboteasy.com website. They can also subscribe to updates on the results of testing this product to stay informed about its performance and potential.
We encourage readers to share their experiences of using the IPRO Zar EA. Your insights can help others make informed decisions about this Forex trading software. Remember, this is an independent product review, and we value your unbiased opinions and experiences.
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1 review
In my experience, the EA opened sales, but then the trend reversed. After 19 days of waiting, the software hit the full stop loss. I had set the customization to "normal boost", but all it did was leave me with only 30% of my deposit across three different brokers. The result of a month's work was a loss of 971 four-digit pips. This has led me to question the software's ability to generate profit. I'm afraid I cannot recommend it based on my experience. If my experience with the software changes, I will be sure to update my review. However, as it stands, I would caution potential users to consider other options. The software's inability to adapt to changing trends and its high stop loss setting have resulted in significant losses for me. It's a regrettable outcome, and I can only hope that my experience serves as a warning to others considering this software. Please note that this is just my personal experience and others may have different results. However, based on my experience, I would classify IPRO Zar EA as a risky investment.
1 review
However, after the first month, the situation took a drastic turn for the worse. My portfolio, which had been showing promising growth, suddenly plummeted. Within a span of six weeks, I had lost a staggering 70% of my investment. The sudden drop was not only shocking but also disheartening. What was even more alarming was the abrupt halt in communication from the software's support team. The once responsive and helpful team was now nowhere to be found. My emails and queries went unanswered, leaving me in a state of confusion and worry. As time went on, there was no sign of recovery. My investment continued to dwindle, and the lack of communication from the software's team only added to my growing concerns. I was left feeling helpless and frustrated, with no way to salvage my investment. Based on my experience, I would not recommend IPRO Zar EA. The initial success may seem promising, but the subsequent losses and lack of support are not worth the risk. I would caution potential users to be wary of this software. It's possible that it could be a scam. In conclusion, while the Forex market can be a profitable venture, it's essential to choose the right tools and software. Unfortunately, in my case, IPRO Zar EA was not the right choice. I hope my experience serves as a cautionary tale for others considering using this software.