Home » Forex advisors rating » Elexeer Forex Expert Advisor

Elexeer Forex Expert Advisor

Elexeer – Forex Expert Advisor

Elexeer Expert Advisor has been developed exclusively for use in the MetaTrader4 trading terminal. The application is as intuitive as possible and requires only initial installation and minimal setup to get started. The software uses a combination of classical trading strategies and makes a series of small deals to take advantage of the “overbought” and “oversold” environment. The Expert Advisor is suitable for trading most currency pairs and can place several trade orders simultaneously, but not too many at a time, however. Elexeer is notable for its very fast order execution. Visualization of trade information is conveniently executed in the form of clear trade charts. The Expert Advisor is a paid one, its value starts from 299 dollars, depending on the functionality and number of licenses.

WorkerElexeer
Executive class long-term
Type of Expert Advisor trendy
Size of the lot no less than 1000 pips for 0.1 of the standard lot
Size of deposit, $1000
Hand400
Timeframes from M1 and above
Strategiescombination of strategies designed to conduct a series of small deals
Indicatorsnon-indicator
Recommendationed brokersExness, XM.COM
Pair tool/forexEURUSD, GBPUSD
Yield, % p.a.63.32
Max. drawdown, % p.a.24.30
Rating6.1
Autonomous account type
Indicator
Multiple use
Free use
Mini deposits
Maximum risk limit
ECN
NDD
Many series in one direction
Automatic start lot
Fixed stop-loss
Fixed Take Profit
Automatic shoulder
Created, year2015

What is a Forex Expert Advisor?

In connection with the popularization of automated trading, many investors ask themselves what is a Forex Expert Advisor? First of all, it is a special program required to manage the trading process automatically, i.e. without the trader’s participation. A trader invests in the robot in advance, a kind of algorithm, the conditions on the basis of which the subsequent market activity is carried out.

How do forex advisors work?

When you trade manually, you need to analyze the market yourself, take into account the forex forecast for the current day, forex news and choose the entry points to the market. However, it is also possible to trade automatically, using special programs that do most of the work for a trader – forex advisors.

Why shouldn’t beginners trade with Forex Expert Advisors?

Trading involves obtaining a great deal of knowledge – understanding the functioning of the market and various nuances, including the ability to apply technical and fundamental analysis. Forex Expert Advisors, i.e. the programs used for automatic trading, cannot help it.

Check Also

Spartan Bolt EA Forex Expert Advisor

Spartan Bolt EA Forex Expert Advisor

Spartan Bolt EA – Forex Expert Advisor Spartan Bolt EA is one of the most …

Leave a Reply

Your email address will not be published.