Elite Trading Software
EasyTrader
EasyTrader
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EasyTrader earlybird discount, file downloadable from next week.
The EasyTrader EA (Expert Advisor) is a software designed for automated trading based on a breakout strategy. The fundamental concept behind this strategy is to capitalize on the directional movement of prices when they break out from a predefined range. Unlike some strategies that focus on technical indicators or specific price patterns, EasyTrader utilizes a time-based approach to determine the trading range.
On MT5 only currently and locked to account. One live and one demo.
Here's a breakdown of how the EasyTrader EA works
Range Determination by Time: The trading range is not determined by traditional price levels but instead relies on specific time intervals. The software optimizes currency pairs and identifies the most favorable times to establish the trading range. This approach suggests that certain time periods may exhibit more significant price movements or volatility, making them suitable for breakout trading
Buy and Sell Limits: Once the optimal range is identified, the EA sets buy and sell limits at the upper and lower boundaries of this range. This means that if the price breaks out above the upper limit, the EA will initiate a buy order, and if it breaks out below the lower limit, a sell order will be triggered
Risk Management: Acknowledging that not every trade will be successful, the EA incorporates a percentage-based position sizing mechanism. This allows traders to limit potential losses when a stop-loss (SL) order is triggered. By controlling the percentage of the trading capital allocated to each position, the system aims to manage risk effectively
Honest Trading Approach: The statement "It's an honest way of trading" likely refers to the transparency of the strategy and its reliance on a well-known and widely used technique in the financial markets – breakout trading. Breakout strategies are favored by many traders, and by automating this approach, the EasyTrader EA aims to execute trades systematicall
Future Enhancements: The mention of "ideas for additions" suggests that the developers are open to improving and expanding the functionality of the EasyTrader EA over time. This could involve incorporating additional indicators, refining the existing strategy, or introducing new features to enhance overall performance.
In summary, the EasyTrader EA is a breakout strategy tool that automates the process of identifying optimal trading ranges based on time intervals. It seeks to capture price movements when they break out of these predefined ranges, with a focus on risk management through percentage-based position sizing. The developers also express an openness to future enhancements, indicating a commitment to ongoing improvement and adaptation to market conditions.
- Private community with direct help from coder
- Settings provided
- Back test and optimization's
- Prop firm settings
- Free updates
All settings provided ARE NOT A GURANTEE OF PROFITS , they are based on our testing and back testing and settings we recommend all customers should run on a demo account first.
WE CANNOT GUARNTEE SAME RESULTS OF SETTINGS FOR ALL BROKERS OR PROP FIRMS, EVERY BROKER AND PROPFIRM IS SLIGHTLY DIFFERENT AND THEY CAN CHANGE RULES AT ANYTIME. WE WILL HOWEVER CONTIUE TO UPDATE TO FIT THE NEEDS OF ALL TRADERS WHERE POSSIBLE, IF YOU HAVE A SPECIFIC UPDATE YOU NEED TO SUIT YOUR BROKER OR PROP FIRM WHERE THE OPTION TO MOVE ISNT AVAIBLE PLEASE CONTACT SUPPORT, WE WILL AT ALL TIMES TRY TO DO ANY UPDATE FOR CUSTOMERS FOR FREE, UNLESS IF A CONSIDERATE AMOUNT OF WORK IS NEEDED.