FXSTABILIZER PRO EA is an MT4 Forex Expert Advisor designed for the Metatrader4 platform, available for free download. This automated trading robot has demonstrated consistent performance in backtesting since 1997 using the MetaTrader 4 strategy tester.
Currency Pair Support:FXSTABILIZER EA operates on eight currency pairs. EURUSD and AUDUSD are the primary pairs, offering two modes: Durable and Turbo. The additional pairs (EURJPY, USDJPY, USDCAD, CHFJPY, EURGBP, GBPCHF) do not support a trade mode switch, but different modes can be experimented with for these pairs as well.
Trading Methodology:The robot employs the martingale principle, which can yield a high return on investment (ROI) with relatively good stability. However, it also carries significant risk.
Testing and Evaluation:It is essential to thoroughly test the EA on a demo account to understand its functionality and performance before deploying it in a live trading environment. This helps manage expectations and ensures familiarity with its trading behavior under various market conditions.
In summary, FXSTABILIZER PRO EA offers a robust automated trading solution for multiple currency pairs, leveraging a high-risk, high-reward strategy. Proper risk management and careful monitoring are vital to harnessing its full potential while mitigating associated risks.
Key Features:
Profit Optimization:The EA is engineered to close trades profitably and includes a mechanism for absolute trading security, limiting losses to the portion of the deposit you are willing to risk.Currency Pair Support:FXSTABILIZER EA operates on eight currency pairs. EURUSD and AUDUSD are the primary pairs, offering two modes: Durable and Turbo. The additional pairs (EURJPY, USDJPY, USDCAD, CHFJPY, EURGBP, GBPCHF) do not support a trade mode switch, but different modes can be experimented with for these pairs as well.
Trading Methodology:The robot employs the martingale principle, which can yield a high return on investment (ROI) with relatively good stability. However, it also carries significant risk.
Recommendations for Using FXSTABILIZER PRO EA:
- Account Balance:
- Minimum recommended balance is $500 (high risk), but a $100 cent account is also advised for better risk management.
- Currency Pairs:
- Best performance on EURUSD, EURJPY, USDJPY, USDCAD, CHFJPY, EURGBP, GBPCHF, and AUDUSD, but can work on any currency pair.
- Time Frame:
- Optimal performance on the H1 timeframe, although it is compatible with other timeframes.
- Technical Requirements:
- Ensure the .dll file is copied to the libraries folder for proper functionality.
- Trading Strategy:
- The strategy is to profit quickly and withdraw funds promptly. It is advisable to withdraw the initial deposit after it has doubled to mitigate risk.
- Operational Recommendations:
- For optimal results, run the EA 24/5.
- Using a VPS (Virtual Private Server) is recommended for stable performance.
- A low spread ECN account is also suggested for best results.
Important Considerations:
Risk Management:While FXSTABILIZER PRO EA aims to maximize profits using the martingale strategy, this method involves high risk. It is crucial to understand the potential for significant losses, especially during extended market downturns.Testing and Evaluation:It is essential to thoroughly test the EA on a demo account to understand its functionality and performance before deploying it in a live trading environment. This helps manage expectations and ensures familiarity with its trading behavior under various market conditions.
In summary, FXSTABILIZER PRO EA offers a robust automated trading solution for multiple currency pairs, leveraging a high-risk, high-reward strategy. Proper risk management and careful monitoring are vital to harnessing its full potential while mitigating associated risks.