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ProAlgo EA

ProAlgo EA MT4 is a fully automatic professional trading software with several preconfigured trading strategies to choose from. This EA works like a manual trader and is designed for manual traders who have difficulty sticking to their trading strategy due to indiscipline.


There is no Holy Grail in trading. If you are looking for a foolproof trading system that never fails, you can give up trading, you will never be profitable. Believe me, I have tried everything and I have come to this final conclusion. Your mind is your advantage. You have to be willing to lose and to win. The best losers win according to Tom Hougaard.

Before you even try to earn 10% on your personal trading account or Prop Firms account. Accept the fact that you have already lost 10% on your account. But just with 3 winning trades with a RR of 1 for 3 you are already making up 9% on your drawdown. Risk management is the key and your mind is the driver. We are all losers. Except that the best losers win while the worst losers keep blowing accounts.


Simple settings for a professionnal trading approach (No Martingale, No Grid or kinds dangerous systems) :


  • Time frame for Trade 
  • Time frame for Bais
  • Preset Strategy
  • Candles confirmation
  • Entry candle
  • Entry candle body size
  • ATR confirmation
  • Stop Loss
  • Take Profit
  • Slippage
  • Max Spread for Trading
  • Session time filter


What are the different strategies pre-included in this EA ?


I have developed over 40 pre-set trading strategies that you can choose from in the EA settings. These strategies are combinations of indicators (200 EMA, Stochastic, RSI, Williams Percent Range (WPR), Parabolic SAR, Fractals) and Price action confirmation setups (Engulfing, Hammer). Once you have chosen your strategy, you just have to adjust the other parameters according to your trading profile and the level of risk you want to take.


Why are all the strategies used by ProAlgo EA based on the EMA 200?


Trading with the EMA 200 already gives you a 50% probability of winning since we always trade within the market trend.


Why ProAglo EA don't use Trailing stop or Breakeven ?


If you take a trade it is because you have analyzed the market and concluded that the market shows a high probability of moving in a certain direction (Bullish or Bearish). So why manipulate the position once you take a trade. It will only destroy your RR and reduce the effectiveness of your strategy. Decide on a direction, put a SL and a TP and let the market do its thing. Don't try to catch the market or it will run away from you. 


Advices for optimizing your profitability with ProAlgo EA

  • Always choose a minimum RR of 1 to 3 
  • Always backtest your strategy properly for at least one year to see its profitability over the long term.
  • Series of 10 to 20 losses are normal. Don't worry about the drawdown, it's part of the game.

EA works on any pairs or assets and can be used for any trading style (Scalping, Day trading, Intra day, Swing trading).


A community-based vision :

I'm constantly bactesting to find the best parameters for low risk but high return trading to share it with you in comments.

After getting the EA, contact me so I can give you the set files of strategies developed so far with it.

If you find a good configuration or you passed a challenge, please share it in comments for the whole community to benefit.


For errors  :

If you encounter a problem in the operation of the EA. Please contact me inbox, I will fix it.


Author :

Yann Axel DJONWAN. Algo Trader and Developer.


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The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
Gold Trade Pro
Profalgo Limited
4.61 (23)
Promo lancio! Sono rimaste solo poche copie a 449$! Prossimo prezzo: 599$ Prezzo finale: 999$ Ottieni 1 EA gratis (per 2 account commerciali) -> contattami dopo l'acquisto Ultimate Combo Deal   ->   click here New live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro si unisce al club degli EA che commerciano oro, ma con una
AI TradingVision GPX MT4
Yu Mei Cheng
4.64 (14)
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
Engine EA è un consulente esperto avanzato che utilizza diversi indicatori e strategie, fornendo ai professionisti uno strumento di negoziazione automatizzato completo. Offre numerose opportunità commerciali, non è sensibile agli spread e utilizza rigorosi punti di ingresso per avviare con precisione ogni operazione. La strategia si è dimostrata sul mercato reale, con un segnale in tempo reale di DDS basso per un anno. Sia che si tratti di un principiante o di un operatore commerciale esperto,
Bitcoin Robot MT4
Marzena Maria Szmit
5 (15)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
FT Gold Robot MT4
Marzena Maria Szmit
4.4 (35)
Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with   XAUUSD pairs . With its advanced analytical capabilities,   FT Gold Robot   constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da
Prado
Tatyana Kulyapina
3.58 (45)
PRADO è un consulente esperto sicuro   che negozia ordini pendenti, stop loss e take profit vengono impostati immediatamente, un trailing stop multifunzionale funziona. A partire dalla versione 7.0, l'EA ha 4 strategie di trading. Grazie al lavoro di 4 strategie contemporaneamente, si ottiene un grafico di redditività più fluido per qualsiasi comportamento di mercato. PRADO   non utilizza: griglie, media, aumento del volume degli ordini e altri trucchi pericolosi. Deposito minimo   500$   . Trad
Quantum Gold Emperor MT4
Bogdan Ion Puscasu
4.78 (9)
Presentazione       Quantum Gold Emperor EA   , l'innovativo consulente esperto MQL5 che sta trasformando il modo in cui scambi la prestigiosa coppia XAUUSD (GOLD)! Sviluppato da un team di trader esperti con un'esperienza di trading di oltre 13 anni. IMPORTANTE! Dopo l'acquisto inviatemi un messaggio privato per ricevere il manuale di installazione e le istruzioni per la configurazione. ***Acquista Quantum Gold Emperor EA e potresti ottenere Quantum Trade EA gratis!*** Chiedi in privato per m
Altri dall’autore
Market Hedge Maker EA (MHM EA) is an ultra complete trading robot project developed to create trading strategies that force profitability in the financial markets (Forex, Indices, Futures, Stocks, Cryptos...). This Expert Advisor has been designed to have the ability to trade millions of different configurations based on the most used indicators to determine (trend, momentum, volatility and volume).  Also the MHM EA uses also the Price Action as confirmation of entry in the trades (Upper Time F
Vantage Nasdaq EA
Yann Axel Djonwan
Vantage Nasdaq EA is an expert advisor trading robot designed to trade the NAS100 / US100 CFD index on the Vantage markets broker. The expert uses an aggressive, almost high-frequency scalping strategy. No need to change preset parameters. Just set the lot size according to your account size.  No Martingale, No Grid, No Hedging, No lot size multiplication. Recommendations: Asset : NAS100 Period: All Time Frame Minimum deposit: $200 Account type: Standart. Broker : Vantage Markets IMPOR
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Sergei Vasilev
664
Sergei Vasilev 2023.03.28 10:13 
 

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