MyFxBots Blog Posts | Forex Profit Defender

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Latest Forex Profit Defender Articles, News & Updates

Forex Profit Defender an set Trailing Stops to any open trade/position and can trade manually or with other Forex robots that don't support Trailing Stops, moreover, it can generate trading signals and execute them automatically.

Forex Profit Defender is non-typical automated trading Forex robot, it is a MetaTrader 4 trading terminal expert advisor developed specially for the ordinary Forex trader, and successfully used by a variety professional Forex traders.

Version 1.2 Of Forex Profit Defender Is Available!

Posted On: Wed, 14 Dec 2022

Forex Profit Defender is now available in a new version. It has been updated to version 1.2. The new version has two additional parameters; InitialStopLoss and InitialTakeProfit. Detailed information about these two parameters can be found below: InitialStopLoss - The stop loss value in pips. The Forex Profit Defender will determine the initial Stop Loss value for each trade. This feature is disabled by default because InitialStopLoss is set to 0. InitialTakeProfit - Value expressed in pips.

Forex Profit Defender

Review

Other Forex Robots from Forex Profit Defender

Dynamic Pro Scalper

Dynamic Pro Scalper is an Asian session scalper with a unique and high-efficient trading strategy and dynamic volatility entry and exit levels.

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Forex Pulse Detector

Forex Pulse Detector is a scalper and grid trader with multiple built in indicator sets for market reversal precise detection and special algorithms for the highest accuracy on its compatible low timeframe (M15) causing higher trading activity with faster profits as in the backtests and live trading performance results.

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Forex Trend Hunter

The core trading concept of Forex Trend Hunter is a trend-following algorithm that identifies medium- to long-term market trends. It initiates positions on EURUSD, EURJPY, GBPJPY, USDCAD, USDJPY, and gold pairs when momentum aligns, then applies adaptive money management and drawdown limits to secure gains.

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Forex Impulse Trader

The trading strategy of Forex Impulse Trader main idea is detecting the impulse then opening two trades at the same time and direction.

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Forex Profit Defender

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Forex Trade Cleaner

Forex Trade Cleaner is an advanced Forex system that manage to close open trades at specific day and time. It can also disable Expert Advisors and Close the whole MT4 terminal. Additional settings by which the trader may change and adapt the robot to his trading style also exist.

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Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.