Fox Trader Pro REVIEW
Summary
Fox Trader Pro is a new breakthrough trend-following trading
robot
Details
System |
|
Website URL |
|
Trial |
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Overall Score |
9.3/10 |
FULL REVIEW OF Fox
Trader Pro
Are you looking for more information about the Fox Trader Pro
software and does it really legitimately help its users generate a regular
income from trading through its automated trend trading strategy? This is a
Forex expert advisor that does not use high frequency and arbitrage trading,
therefore does not face the common problems that many other trading software
faces such as high slippage resistance. It is designed to trend-follow mainly
during the NY and Asian sessions. Through its testing period of the last 16
years (since 2004), this expert advisor has passed every single year with a
highly advantageous profit/drawdown ratio. It works on a recommended PC or
VPS latency of 100ms maximum.
How Exactly Does Fox
Trader Pro Work?
As a good-trend following system, we have found this to be
very accurate in finding strong trends just before they happen, and also does
very well to avoid huge drawdowns caused by unexpected market events. Utilizing
its proprietary intelligence algorithms for forecasting future trends based on
volatility, this EA analyses the markets accurately and does not involve the
use of complex patterns and indicators that do not work well anyway.
Recommendations
And Settings Of Fox Trader Pro:
Symbol |
EURUSD |
Timeframe |
M1 |
Test
from |
2003 |
Settings |
Default
or set files |
Brokers |
Broker
with low spread and commission, and, stp or ndd |
Minimum
Deposit |
2000
USD |
Market
Entry method |
Market
Order |
Tester
Method |
tick
by tick |
Settings
- Lot:
lot amount with autopilot disabled
- Autopilot:
Enable autopilot or disable it
- Risk:
risk for auto lot calculation
- Magic
Number: id for identifying Ea orders
- Spread
Allowed: spread limit, over no trade,, will be open
- Enable
Ma: if true, Enable the Ma indicator
- Primary
Ma Periods: Ma Periods for Ma indicator
- Secondary
Ma Periods: Ma Periods for Ma indicator
- Ma
Method: Ma method for Ma Indicators
- Ma
Timeframe: Ma Timeframe for Ma Indicators
- Monday:
Enable trading on this Day
- Tuesday:
Enable trading on this Day
- Wednesday:
Enable trading on this Day
- Thursday:
Enable trading on this Day
- Friday:
Enable trading on this Day
- Saturday:
Enable trading on this Day
- Sunday:
Enable trading on this Day
- Enable
Buy: Enable Buy Trade
- Enable
Sell: Enable Sell Trade
- One
trade for one bar: only one trade for each bar
- Order
Timeframe: Timeframe for Ea First order
- Max
Orders: Maximum number of orders
- Coeff
Sum: Position increase coeff
- Minimum
Distance: Minimum Distance For secondary Positions
- One
Trade Bar Grid: if true, the robot can open only one trade the bar for grid
orders.
- Timeframe
Secondary Order: Timeframe for secondary Trades.
- Take
Profit: take profit from orders
- Modify
Take Profit for First Order: Use a different take profit for the first
order
- Take
Profit for first order: take profit for first order
- Close
only end of the bar: close trades only at the end of the M1 bar
- Enable
Money Max Loss: Enable Loss Limit in money
- Every
Microlot: Multiply the amount of “money max loss” x 100 x lot
- Stop
Trading When Hit: Stop Trading when you hit max loss
- Maximum
Monetary loss: Maximum Monetary Loss amount
- Close
Friday: Close all trades on Friday, only if they are in profit,
and do not open any others.
- Close
Friday Hour: closing time on Friday
- Trade
Comment: trades comments
- Broker
Utc: Broker UTC time (usually 2)
- Enable
News Filter: Switch to false to disable the news filter or to true to enable
it.
Review Verdict: Fox Trader Pro is legitimate
software that works
Consumer Fraud Alert
Regarding Fox Trader Pro
The success of Fox Trader Pro has given rise to many frauds who
try to sell their own fake EAs in its name. This is a big issue as many
customers have lost their money in buying from such fake sites. It is advised
that customers should be really careful when they are purchasing and should do
some research before they buy from any website. To spot these, watch out and
avoid sites that claim to write about Fox Trader Pro, yet the write-up is
completely garbage as they are created by software and spammed all over the
internet. It is always better to avoid buying from any other site other than
the official one. Therefore, it is highly advised that consumers do careful
research, or only buy from the site from the official website here – http://FoxTraderPro.com/Official
(link opens in a new window). The official website that
they have includes the legitimate EA.
Fox Trader Pro Preview: Click Here
Thanks for reading this Blog.
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