Trading Idea
FXTrackPRO Expert Advisor works with 3 different types of indicators at once. The interesting thing is that the EA does not use them simultaneously to determine an entry point, it uses them based on a certain algorithm.
Specifications
License
Two versions of the EA at once with one license for any trading account with the ability to change the account number online without restrictions.
Broker / VPS
FXTrackPRO was not developed for "select" brokers. It is compatible with any broker and account type (in rare cases there could be exceptions for MetaTrader 5).
We recommend Installing FXTrackPRO on TradingFX VPS Forex VPS and using it for trading on an account of Tickmill Forex Brokers for the best stability and profitability.
MT5 Compatibility
Compatibility with both MetaTrader 4 and MetaTrader 5 terminals.
Updates
Free Lifetime Updates.
Support
Reliable and friendly technical support 24/7.
Installation / Configuration
Easy installation and configuration of the robot. Everything is calculated automatically based on a specified risk.
Refund Policy
30 days money back guarantee. If the trading on your account differs for the worse from the developers' results, they will refund your money!
Supported Currency Pairs
MetaTrader Chart Timeframe
![MyFxBots Admin [www.myfxbots.com]](/assets/media/avatars/myfxbots-admin.png "MyFxBots Admin [www.myfxbots.com]")
3rd Party Verified Live Trading Results
Live Test Summary
90.0% Modelling Quality History Center Tick Data
Euro vs United States Dollar (EURUSD) Backtests
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
Great Britain Pound vs United States Dollar (GBPUSD) Backtests
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
Euro vs Japanese Yen (EURJPY) Backtests
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
United States Dollar vs Canadian Dollar (USDCAD) Backtests
Backtests Settings
Backtests Results
Swiss Frank vs Japanese Yen (CHFJPY) Backtests
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
United States Dollar vs Japanese Yen (USDJPY) Backtests
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
Trading Strategy
In one situation FXTrackPRO takes the data from one indicator and starts trading, and in a different Market situation, it takes into account another indicator in order to choose the best entry point, and use an appropriate trading style in the current market conditions. This approach made it possible to achieve great efficiency in profitability and reduce drawdown.
FXTrackPRO is a multicurrency EA and it can use up to 6 currency pairs simultaneously, depending on how you set it up.
The risk control system will secure your account from unplanned losses. There is double protection used in the FXTrackPRO: StopLoss and online analysis of orders in the Market for the possibility of forced closing of orders.
Other Forex Robots from Forex Store
FXTrackPRO Expert Advisor works with 3 different types of indicators at once. The interesting thing is that the EA does not use them simultaneously to determine an entry point, it uses them based on a certain algorithm.
The strategy of the Trader's Sun EA, embodied in the algorithm, is based on determining support and resistance levels, as well as identifying the behavior and direction of the Market’s movement, in order to assess the strength of the movement impulse and the probability of its continuation.
Trader's Moon EA is an Expert Advisor that uses the Martingale principle, but with a number of significant improvements and benefits.
Forex Truck Expert Advisor has a special feature - it consists of two blocks that work together in addition to risk control.
The strategy and algorithms used in the EA made it possible to achieve full compatibility with any broker, so there is no need to select a broker with special trading conditions - any broker will do.
FXQuasar Expert Advisor does not use indicators.
It works directly with quotes and internal algorithms for analyzing the current market situation, as well as analyzing price movements over the past few days.
Based on the results obtained, it decides whether to open a trade or wait and in which direction to trade.
To a greater extent, a price in the Forex market has a certain amplitude of fluctuation - replacing an upward movement with a downward one.
Based on this principle, FXHelix collects recent data on price movements to find a deviation from the average rate of price movement during a certain period. When such a moment has been found, the EA with a high probability finds out which way the price will move, and after that begins to trade.
No indicators are used by FXConstant. Price movements are directly analyzed by the EA. Patterns are activated based on price movement specificity.
ForexExtract is an interesting robot that, has many levels of protection which provide good reliability and security for the user's account. But even if they all fail for some reason, due to some unprecedented Market upheaval, ForexExtract has a built-in drawdown limitation mechanism that will protect your account from significant losses.
FXCipher has two built-in strategies, designed to adapt to a situation in the Market. Trading using one of them, the EA will switch to another strategy in case of certain circumstances, in order to minimize risks and increase efficiency. This helps to ensure the high reliability of the robot along with good profitability.
FX Jetbot's developers claim that they have put a lot of effort into developing and afterward configuring a special algorithm that very effectively finds the Market entry points. They also ensure that this algorithm can quite accurately predict where the price will go.
FX Jetbot almost always works with a fixed lot, without using Martingale.
FX Quake algorithm is based on a grid strategy with a small lot increase and drawdown limiting system.
A Forex trading system that combines two completely different Forex Strategies, called CORE1 (Trend Following) and CORE2 (MA indicator). Both systems use powerful drawdown control systems.
Tags
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.
