Forex Real Profit EA Overview
The Forex Real Profit EA is an automated trading robot designed to enhance your Forex trading experience by utilizing technical analysis and statistical probability. This expert advisor aims to deliver consistent, long-term growth with minimal risk by eliminating human emotions from trading decisions.
Features of Forex Real Profit EA
- Multiple Strategies: Employs six distinct strategies including scalping during the Asian session and breakout strategies.
- Optimized Currency Pairs: Tailored for EURUSD and GBPUSD pairs.
- Risk Management: Includes a ‘Total Loss Close’ feature, dynamic Stop Loss, and Take Profit levels.
- Broker Compatibility: Works with any broker, ECN recommended, and includes NFA compliance settings for US traders.
System Requirements and Recommendations
- Minimum Account Balance: $1000 for one pair.
- Timeframe: M15.
- VPS Usage: Recommended to run on a reliable VPS for uninterrupted performance.
- Broker: Low Spread ECN account preferred.
Installation Steps for Forex Real Profit EA
- Download the Forex Real Profit EA file.
- Open your MetaTrader platform (MT4).
- Navigate to ‘File’ > ‘Open Data Folder’.
- Place the EA file in the ‘Experts’ folder.
- Restart MetaTrader and attach the EA to the desired chart.
Performance Analysis
A detailed analysis of the Forex Real Profit EA’s performance reveals a consistent win rate of around 68%, though the risk-to-reward ratio is negative. The EA is effective as a scalper but requires a stable, low-spread broker to maximize profitability.