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- Forex Robot Review
- Metatrader 4
- Experts
- Parabolic EA
Profit:
-6.87$
Traders:
49
(32/17)
Most Profit Trade:
19.35$
Most Loss Trade:
-29.37$
Profit Factor:
0.77
Average Loss:
-13.29$
Overview
The foreign exchange (Forex) market can be a challenging yet rewarding space for traders. In the world of Forex Trading, tools like Parabolic EA can make a significant difference by providing a trend-driven trading strategy. As this Forex Software Review will show, the Parabolic EA is an effective tool for Currency Trading, designed to help traders navigate the tumultuous seas of the Forex market.
Decoding Parabolic EA: A Forex Tool for Trend Recognition
The Parabolic EA is a precision-focused tool, driven by advanced trend analysis capabilities. It is designed to identify market trends, pinpointing highs and lows with a level of accuracy that surpasses most conventional systems. This advanced algorithm delves deep into market trends, identifying pivotal shifts that could otherwise go unnoticed.
The tool is seamlessly synchronized with Moving Averages and Relative Strength Index (RSI), a combination that helps filter through market noise. This ensures that traders are aligned with the prevailing market trajectories, thereby enhancing their trading strategies.
Optimized Settings for All Levels of Expertise
The Parabolic EA comes pre-configured for optimal performance, making it an excellent tool for both novice traders and market veterans. The default settings are optimized for superior results across timeframes, from 5M to 1H. This level of flexibility and adaptability further strengthens its place in the arsenal of Forex Tools.
Understanding Key Input Parameters
The Parabolic EA operates based on a set of specific input parameters. The ‘Magic Number’, a unique identifier for trades, is set at 198723. The ‘Next Open Trade After Bars’ parameter is set at 200, meaning a new trade will be opened after this number of bars/candles. The tool has a ‘Take Profit’ value of $1,000 and a ‘Stop Loss’ value of $5,000. The ‘Trailing Stop’ feature is enabled, with a ‘Trail Start’ of 150, ‘Trail Step’ of 50, and ‘Trail Above Breakeven’ of 10. The ‘Lot Size’ is fixed at 1.0 for trades.
Risk Management and Trading Parameters
When it comes to risk management, the Parabolic EA has a robust set of parameters in place. The ‘Trailing Stop’ feature is enabled, with a ‘Trail Start’ of 150, ‘Trail Step’ of 50, and ‘Trail Above Breakeven’ of 10. The ‘Lot Size’ is fixed at 1.0 for trades. Trading is enabled on all weekdays, with the exception of Saturday. The trading hours are set from 07:00 to 15:59.
These settings enhance the Parabolic EA’s functionality, helping traders make informed decisions based on market trends and data. Furthermore, the tool has a minimum fund requirement of $1,000, making it accessible to a wide range of traders.
Independent Testing and User Feedback
For those interested in seeing the Parabolic EA in action, independent testing of this product can be watched on the forexroboteasy.com website. Subscribing to updates on the testing results is also possible. User experiences and feedback are highly valued and can be shared to help others in their trading journey. Remember, this is an independent product review and all opinions and experiences shared are greatly appreciated.
FAQ Section
Q: What is the optimal pair for Parabolic EA?
A: The Parabolic EA has been optimized for the XAUUSD pair.
Q: What is the minimum fund requirement for using Parabolic EA?
A: The minimum fund requirement for using this tool is $1,000.
Q: How does Parabolic EA identify market trends?
A: Parabolic EA uses an advanced algorithm to identify market trends, pinpointing highs and lows with a high level of accuracy.
Q: Is the Parabolic EA suitable for beginners in Forex Trading?
A: Yes, the tool comes pre-configured for optimal performance, making it suitable for both novice traders and market veterans.
In conclusion, the Parabolic EA is a powerful Forex tool that utilizes advanced trend analysis to provide a trend-driven trading strategy. With its optimized settings and robust risk management parameters, it is a valuable addition to any trader’s toolkit.
EASY Scalperology Bot
Update: 8 Nov 2024
Trading Conditions by EASY Scalperology Bot
Leverage:
100
Account type:
Live
Profitable by EASY Scalperology Bot
Profit:
-0.51%
AVG Daily:
0$
Deposit:
1400$
WithDrawal:
0$
Current Balance:
1392.85$
Profit:
-7.15$
Trading Conditions by Parabolic EA
Leverage:
100
Account type:
Live
Profitable by Parabolic EA
Profit:
-0.34%
AVG Daily:
0$
Deposit:
2007.6$
WithDrawal:
0$
Current Balance:
2000.73$
Profit:
-6.87$
Other products
Parabolic EA Review: Top Forex Tool for Trend-Driven Trading
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1 review
Unbiased Parabolic EA Review: Top Forex Trading Tool for 2021
The software's algorithm is designed to make the most out of the forex market's volatility, and it does so with remarkable efficiency. I've been able to see the software in action, making trades based on market trends and patterns that I would have likely missed on my own. It's like having a seasoned forex trader guiding your every move, but with the added benefit of advanced technology and speed. What I appreciate most about the Parabolic EA is its ability to adapt to changing market conditions. It doesn't just follow a set pattern; it analyzes the market's movements and adjusts its strategies accordingly. This dynamic approach has resulted in profitable trades more often than not. Moreover, the software offers a range of customizable settings. This allows me to tweak the trading parameters to align with my risk tolerance and investment goals. It's a feature that I've found to be incredibly useful, as it ensures that the software is working in a way that suits my personal trading style and preferences. The customer support has also been commendable. On the few occasions that I've had questions or needed assistance, the support team has been responsive and helpful. They've provided clear, concise answers and have been patient in guiding me through the process. In conclusion, my experience with the Parabolic EA forex software has been overwhelmingly positive. It's been an invaluable tool in my trading arsenal, helping me navigate the often unpredictable waters of the forex market with confidence and ease. I look forward to continuing to use this software and seeing what other benefits it can bring to my trading endeavors.