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This indicator is a must. Very reliable and makes my life easier.
After 3 weeks of running this algo, the annual subscription has already been paid back and from now on it's pure profits. Support is also highly appreciated: you are never left alone with your doubts and your algo and you can ask any question you want.
For me this has made my trading more of a breeze, I used to struggle with leaving trades run, either letting run to loss or TP too early. The Trend indicator just makes direction a breeze, and if not out of a trade already it signals to come out, and not leave on. I like the fact that i can overlay timeframes of my choosing for confirmation when on a single screen which has allowed me to focus more on price action on the trigger chart. Took me a short while to grasp the concept but I'm far more consistently profitable now. Thanks for this
Excellent complement to find the next trade.
I started a trial subscription on the 26th Feb 2024 with an expiry on the 7th March and traded 1 contract on the FTSE100 Cash(AU$1). Over this period the Algo placed 19 trades for a win /loss of 58% and returned AU$60.Funding interest would need to be deducted as some trades were open for over 24Hours but I have not added this up . I thought the reults warranted a longer subscription so I have taken out a 3 month subscription and will report at the end of this period . I have increased my contract size to 3 which is a 1% risk on my trading capital. I felt the trial period could have been longer - only 9 trading days- and I still have a trade open so the above results could change.
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From the innovative minds at FXAutomate and our partners, comes our most ambitious venture into the realm of financial market strategies yet. With the culmination of more than a decade of experience in trading and developing hundreds of strategies we are pleased to introduce 4 different “Price Action Trend Following” strategies as our most exciting […]
Divergence trading is a popular strategy among technical traders, as it allows them to identify potential reversals in a financial instrument’s price.
From the same developer who brought you the High Probability Reversal Strat one of the very first and most popular automated strategies of the ProRealCode marketplace launched back in May 2021, FXAutomate is pleased to announce their latest product called Linear Reversion Trader (see below)
I recommend this strategy. I have back tested the strategy with the same very good results as shown by the creator. Have increased the lot-size to 3 and in 1 week the costs of the EA are covered. I like that the EA enters in the direction of the trend in de 3' TF considering that the 1H TF is also favorable. Most of the time extremely late when looked at in the 3' but it just works! Hit rate is high (because high stoploss 1,1%) I use this fact to also enter manually with I can get a better entry price in intervals between EA entry and say 0,5% negative territory looking at my own indicators.