Automating trading with Prop GT: is it worth relying on algorithms?

Automating trading with Prop GT: is it worth relying on algorithms?

24 July 2024, 18:00
Evgeniia Terekhova
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The most important question before buying an Expert Advisor is whether it will really bring profit or is it just wasted money? Saying that every EA is profitable would be quite out of line on my part, but as the creator of the Prop GT Expert Advisor, I suggest to understand in this article whether you should rely on algorithms of trading with Prop GT. 

Why should you trust algorithms?

Prop GT Expert Advisor is designed based on sophisticated algorithms that analyze market data and make decisions based on objective criteria. The algorithms in Prop GT are based on the strategy of breakout of key levels, one of the most famous and used strategies by traders. 

Prop GT algorithms do not just capture current data, but also analyze market volatility and many other factors to make the most accurate predictions. This eliminates the emotional component that often prevents traders from making the right decisions. The algorithm operates strictly according to the set rules, without giving in to fear or greed, which makes trading more rational and predictable.

To learn more about the strategy of the Expert Advisor, you can read the article Analyzing the strategy of the Prop GT Expert Advisor: a deep dive into the logic of trading.


Testing results

I remind you that before buying an Expert Advisor, you can test it on history, as well as track the results of users who are already using it in Telegram chat @prop_ea.


Fig. 1. Testing results for 13.5 years.

In Figure 1 you can see the results of testing for 13.5 years. According to the test results, the Prop GT Expert Advisor with an initial deposit of $1,000 increased to $101,524. Such an impressive growth demonstrates the efficiency and reliability of the Prop GT algorithms. Especially worth noting is the high winrate of profitable trades, which is 93.44%. This means that in 93.44% of cases trades are closed with profit, which gives confidence that the Expert Advisor will work and bring profit on a long-term basis.

Time saving

One of the most important advantages of using Prop GT Expert Advisor is the fact that users do not need to spend their time for trading. Trading on the currency market requires constant monitoring and analyzing the market situation, which takes a lot of time and effort. With Prop GT all trading is done automatically. The algorithms of the Expert Advisor analyze the market, make decisions and execute trades without the user's participation. This allows traders to free their time for other important things, knowing that their capital is in safe hands.

Analyzing the Prop GT Expert Advisor, we can conclude that this is one of the excellent examples where algorithmic trading works and brings profit to users. High test results, time saving and elimination of human error make Prop GT a reliable tool for automated trading. If you want to ensure stable income and minimize risks, the Prop GT Expert Advisor can become your reliable partner in the currency market.

You can install the Expert Advisor by clicking on the link