Forex expert advisor MyForexPath is designed in such a way as to determine a trend and open orders in its direction. To do that the EA uses special algorithms and indicators such as MA and Parabolic. Also, in case of an unsuccessful entry and a change in trend, the robot will close previously opened trades in order to fix a small loss, avoiding large losses on a change in a direction of the trend. This provides the necessary protection against large drawdowns. In such a situation, the EA will take actions to compensate for the forced losses as soon as possible.
The EA works on three currency pairs: AUDUSD, EURUSD and USDCAD. Also, it is compatible with the most popular Forex trading platforms: MetaTrader 4 and MetaTrader 5. On average, MyForexPath has a win rate of 65-70% per trade, which is a good result.
1. Independent sessions
The robot has 4 independent sessions for each pair, which provides a sufficiently large number of signals without a loss in their quality.
MyForexPath is compatible with any broker, so you don’t have to worry about whether it will work as good on your trading account as it does on ours. The results will be identical!
3. Drawdown control
Our EA has a drawdown control system, which will protect your account from unplanned losses. That is ensured with the help of a smart calculation of Stop Loss, as well as additional protection provided by closing orders at the Market prices.