Forex Trend Detector Review 2021,Forex Trend Detector: To Trust or Not to Trust?
AdOrder Now- Instant Delivery, % Money Back Guaranteed. The most Consistently Profitable Forex EA on the Market 05/07/ · Forex Trend Detector is an expert advisor that automatically executes and manages trades. It claims to be incredibly precise, accurate, and profitable. According to its developers, the EA is the only one in the market that is used by AdRange of derivative investment platforms - 85% of retail derivative accounts lose money. Best FX brokers reviewTypes: Buy in 1 click, No hidden fees, % Free Demo, % Secure ... read more
The robot has been trading the live account since April 14th, Its average win and the average loss are We must comment that this is a good risk to reward ratio. The EA performed well in April with a gain of This profit was made from 12 consecutive winning trades.
The vendor for this EA is FxAutomater, a forex platform that offers automated trading solutions. Its products are mainly robots and indicators. For any questions and inquiries regarding the software, traders can get in touch by filling the contact form that is available on the website.
The developers also recommend that traders can check out the FAQs page first before submitting their questions as they may find the answers they are looking for there. Save my name, email, and website in this browser for the next time I comment.
Top Posts Best Forex EA A Complete Guide. Best 5 Crypto Portfolio Trackers for Beginners and Best Forex Brokers in Best Social Trading Platforms by FX EA Review July 5, written by FX EA Review July 5, Forex Trend Detector: To Trust or Not to Trust?
Features The software trades on a 5-minute timeframe on both MT4 and MT5 platforms. Its developer offers a day money-back guarantee. So, if you are looking for a new robot to trade with, read this Forex Trend Detector EA review. And don´t forget to check out our whole blog, we are always uploading new reviews! The Forex Trend Detector EA is a very innovative and profitable robot.
And it is a fully automated Forex trading software for the market. It is not so new but has many new updates that make it stand out from the rest. But you may ask why?. Well, this robot follows the smart money like no other robot on the market. And it has money-management features and many other settings that allow it to trade with almost only profits.
And also the drawdown is very small compared to the high profits you can get. They are using a premium MT4 Trend indicator. In terms of the strategy, it depends on your choice. Because you can choose from three different trading modes that have many risk levels. And lastly, it trades with two major currency pairs. These are EURUSD and GBPUSD. Keep reading this Forex Trend Detector review to find out much more about it!
For this section of the Forex Trend Detector review, we are giving you an insight into the developers of the EA. So as far as we can see from the official website, these creators are part of the FX Automater Team. And if you have been in this business for long enough, then you must know they create incredible robots. But, there is no further information about them, sadly.
Although, there is nothing to worry about since they are some of the TOP sellers of EAs online. So you can invest your money with them anytime, they offer many guarantees and have incredible customer reviews. But, of course, we hope that in the future these developers, team, and creators decide to show their faces and share their names.
Because we know that being transparent is everything in this business. So, we are sure they would get many more customers if they decide to step forward and share their journey. In this section of the Forex Trend Detector EA review, we will go in-depth with the trading strategy implemented. And into the performance while trading as well. So, overall there are a lot of customizable features and settings along with this EA. And you get three different trading modes as well.
These are low, medium, and high risk, each of them has different profit margins too. But, there is nothing to worry about the drawdowns. Because this robot has one of the smallest percentages of drawdown. Compared to the profits you get while trading, it is nothing. From there, their advanced algorithm of drawdown reduction helps you to optimize your gains at the exact right time by exiting trades. You deposit funds with your favorite Forex broker when you have purchased and downloaded the app.
You then select the level of risk that you are prepared to allow the program to trade at:. The device has several different parameters that you have power over. And to find your most adequate trading tools, you can run it in demo mode.
The Forex Trend Detector Review says that it runs on a platform called MetaTrader 4. In this segment of the EA analysis of the Forex Trend Detector Review, we will implement the trading strategy in detail.
So, in general, with this EA, there are a lot of customizable features and settings. And you also get three separate trading modes. These are low, medium, and high risk, and each has distinct profit margins as well.
Still, with the drawdown, there is nothing to think about. This is because this robot has one of the lowest drawdown percentages. It also has countless features to protect your earnings from your account, such as money management. In some other reviews they mention that this system is using a supertrend indicator mt4 also.
Forex Trend Detector is an expert advisor that automatically executes and manages trades. It claims to be incredibly precise, accurate, and profitable. According to its developers, the EA is the only one in the market that is used by professional traders and money managers. They state further that this system is all traders need to accelerate their journey to financial independence. Most developers of these robots usually come up with all sorts of interesting features just to enable them to make a sale.
As a trader, what is it that would protect your account from a quick drawdown if not proper risk management elements like the use of stop loss and small lot size? The EA works in such a way that it recognizes when a volatile market trend is about to end. It identifies the volatility borders bracketing the dominant market trend. It pays attention to situations where the volatility borders occur near important market levels. Then it sets trades to execute based on predicted price levels that capitalize on market readjustments when the volatility breakout occurs.
We cannot trust this EA. The strategy it uses to trade the markets is complicated. The software trades on a 5-minute timeframe on both MT4 and MT5 platforms. It uses a Trend reversal strategy where it recognizes when the market trend is about to end and capitalizes on the next market movement after a breakout confirmation. From the backtest report shown on the screenshot below, we can see that the robot ran on this account from September 1st, to July 21st, Its winning percentage was It had a profit factor of 2.
It used a fixed lot size and some trades had no stop loss and take profit targets in place. This already disqualifies one of its main features where the developer states that the EA uses tight stop loss to minimize losses. The average consecutive wins and average consecutive losses were 10 and 4 respectively. This means that the winning trades are closed early but the losing ones are let to run.
The robot has been trading the live account since April 14th, Its average win and the average loss are We must comment that this is a good risk to reward ratio.
The EA performed well in April with a gain of This profit was made from 12 consecutive winning trades. The vendor for this EA is FxAutomater, a forex platform that offers automated trading solutions. Its products are mainly robots and indicators. For any questions and inquiries regarding the software, traders can get in touch by filling the contact form that is available on the website. The developers also recommend that traders can check out the FAQs page first before submitting their questions as they may find the answers they are looking for there.
Save my name, email, and website in this browser for the next time I comment. Top Posts Best Forex EA A Complete Guide. Best 5 Crypto Portfolio Trackers for Beginners and Best Forex Brokers in Best Social Trading Platforms by FX EA Review July 5, written by FX EA Review July 5, Forex Trend Detector: To Trust or Not to Trust?
Features The software trades on a 5-minute timeframe on both MT4 and MT5 platforms. Its developer offers a day money-back guarantee. Vendor Transparency The vendor for this EA is FxAutomater, a forex platform that offers automated trading solutions.
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Forex Trend Detector Review,What is Forex Trend Detector EA?
AdRange of derivative investment platforms - 85% of retail derivative accounts lose money. Best FX brokers reviewTypes: Buy in 1 click, No hidden fees, % Free Demo, % Secure AdOrder Now- Instant Delivery, % Money Back Guaranteed. The most Consistently Profitable Forex EA on the Market 05/07/ · Forex Trend Detector is an expert advisor that automatically executes and manages trades. It claims to be incredibly precise, accurate, and profitable. According to its developers, the EA is the only one in the market that is used by ... read more
The cookie is used to store the user consent for the cookies in the category "Analytics". If you are following our website you saw that we also did a Forex Flex EA Review. Compared to other FX robots on the market, the price is not too high. For this section of the Forex Trend Detector review, we are giving you an insight into the developers of the EA. We could not find user reviews for this ATS on trusted third-party sites like Forexpeacearmy, Trustpilot, Quora, myfxbook, etc. Thorex Review June 16,
Huckster Review June 23, FxHT DailyTrend EA Review June 23, Furthermore, most of the details are hidden which indicates the FX robot is not as effective as claimed on the site. This is because this robot has one of the lowest drawdown forex trend detector ea review. Aurum EA Review June 14, The trading system gains great profit and opens trades every day.
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