What is the AlgoTradeSoft Innovative EA?
AlgoTradeSoft Innovative EA is one of the profitable MT4 paid fully automated forex expert advisors given by profxindicators for free. The EA uses a support and resistance strategy. The actual cost of the system is more than $2000.The EA uses an adaptive trade management algorithm also. The recommended minimum account balance is $1000 for lot size 0.01 and we recommend you to try the EA on a demo account first and then try on a live account. If you want to run the EA for 24 hours you can use a VPS.
Forex trading is high risk and has high returns. You must take the right decisions at the right time. You cannot take them only through indicators or trading systems. You must have your knowledge and experience in trading, market behavior, and the world economy. We have given you an A – Z Free forex Lesson series via ProFX Learning Center. Practice all these things on Demo Account before trading on Live Account.
AlgoTradeSoft Innovative EA consists following indicators, Experts, and templates. You can check them and information to understand the system and signals. We have mentioned here the main indicators, experts, and templates only.
Indicators
NO, any Indicators are available
Expert Advisors
- AlgoTradeSoft Innovative EA_fix.ex4
Templates
NO, any Templates are available
Libraries
NO, any Libraries are available
Presets
- 30 000 EUR_USD_M15.set
- 30 000gbpusd m30 03.set
AlgoTradeSoft Innovative EA .
01. Which trading platforms are suitable for the AlgoTradeSoft Innovative EA?
AlgoTradeSoft Innovative EA can be run on MT4 (Meta Trader 4) only. cannot be run on MT5 or other platforms. More about MT4 and MT5
02. Which time Frames are suitable for the AlgoTradeSoft Innovative EA?
You can run in any time frame. More about trading time frames.
03. Which currency pairs can the AlgoTradeSoft Innovative EA trade?
You can use any major currency pair for trading. More about currency pairs
04. Does the indicator system provide signal alerts?
Yes, the system provides signal alerts.
05. What are the pre-Requirements for Trading?
- You must have a Verified trusted broker Account. Our recommended brokers
- Verified Skrill or Neteler accounts for deposit and withdrawal. Visit ProFX Premium Store to create and verify Skrill and Neteler accounts for a cheaper cost.
06. What do we need to know about trading first and how to know them?
- You should have good knowledge about the forex market and the market movements.
- You should have good knowledge of the fundamentals of currency trading
- Knowledge and experience about Indicators, systems, strategies, and technical and fundamental
- Understand the trading psychology
You can A-Z learn all these things from ProFX Learning Center for free.
07. Understand the affection of news and trading sessions at the AlgoTradeSoft Innovative EA?
- You can learn more about trading sessions and News trading through ProFX Learning Center.
- You can use www.investing.com to check important news related to the forex market.
How to install and use the AlgoTradeSoft Innovative EA
1. Download and install MT4 Platform
Visit MT4 configuration Guide to download and install the Meta Trader 4 Platform on your computer or mobile phone. Visit our Recommended Brokers list.
2. Download and install the AlgoTradeSoft Innovative EA
Visit Indicator Installation Guide to download and install the AlgoTradeSoft Innovative EA on your MT4 Platform.
3. Required Settings and Configuration
Once you install the indicators on your MT4, you need to configure input settings. visit the below link to check the guide about changing indicator settings. Guide Link
4. Trade with AlgoTradeSoft Innovative EA
WHEN TO BUY
- The EA will place SL ad TP automatically
- How to improve buy signal accuracy through ProFX Learning Center.
WHEN TO SELL
- The EA will place SL ad TP automatically
- How to improve Sell signal accuracy through ProFX Learning Center
ProFX Learning Center
ProFX Learning center is a different concept started by the profxindicators team. Our primary goal is to carry you towards successful trading. We have provided A – Z lesson series about trading under three stages such as Basic, Intermediate, and Advance. You can learn following through ProFX Learning center.
- Fundamentals of trading
- Trading Platforms
- Indicators, Systems and Expert advisors / Develop own systems and strategies
- Advanced trading techniques
- Step by step practical sessions and test your improvement
Your knowledge improvement on trading will make fewer losses and high returns.
ProFX Freemium Store
You can get followings through ProFX Freemium Store
- High Profitable Indicators, Expert Advisors, and Systems with Verified Results
- Open and Verify Forex and Binary Option Trading accounts (Any Broker)
- Open and Verify Skrill, Neteler, and Payoneer Accounts
- Recover restricted Skrill and Neteler accounts
- Develop Indicators and Experts According to your Strategy