ForexFiv EA

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.

Indicators

CTimer.ex4
ForexFiv PRICE METRE.ex4

Expert Advisors

EA ForexFiv_V9.3_fix.ex4

Files

ForexFiv Updater.xml

Templates

No templates included

Presets

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

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.