What is the ForexFiv EA?
ForexFiv EA is a forex expert advisor which has a very advanced secret algorithm and market scanner that is able to find more suitable market conditions. According to developers, the system has verified results for more than six months. The money management system of the EA is not dangerous because it does not use some methods such as martingale, hedging, and grid.
Forex trading is high risk and has high returns. You must take the right decisions at right time. You cannot take them only through indicators or trading systems. You must have your own knowledge and experience about 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.
ForexFiv 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.
- ForexFiv PRICE METRE.ex4
- EA ForexFiv_V9.3_fix.ex4
- ForexFiv Updater.xml
No templates included
- ForexFiv- AUDUSD.set
- ForexFiv- EURJPY.set
- ForexFiv- EURUSD.set
- ForexFiv- GBPUSD.set
- ForexFiv- USDJPY.set
ForexFiv EA FAQs
01. Which trading platforms are suitable for ForexFiv EA?
You can run the indicator on MT4 (Meta Trader 4 platform) only. You cannot run it on MT5 or other platforms. More about MT4 and MT5
02. Which time Frames are suitable for the ForexFiv EA?
You can run in any time frame but we recommend 15 minutes and higher for high returns.
More about trading time frames.
03. Which currency pairs can the ForexFiv EA trade?
You can use any major currency pair for trading. More about currency pairs
04. The indicator system provides 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 deposits and withdrawals. 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 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. How to affect news and trading sessions at the ForexFiv 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 ForexFiv 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 ForexFiv EA
Visit Indicator Installation Guide to download and install the ForexFiv EA on your MT4 Platform.
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
3. Required Settings and Configuration
Once you install the System on your MT4, you need to configure input settings as follows
5. Trade with ForexFiv EA
- The EA will place SL ad TP automatically.
- How to improve buy signal accuracy through ProFX Learning Center.
- 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