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DayTrade Pro Algo EA V2.61 MT4 With SetFiles

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DayTrade Pro Algo EA specializes in trading price action within significant daily support and resistance levels. These pivotal zones often draw price towards them, presenting lucrative profit opportunities. With a systematic approach, this algorithm implements stop-loss and take-profit levels for each trade, along with a trailing stop-loss mechanism to optimize profitable trades and mitigate losses. On average, it executes approximately 10 trades per week. Renowned for its robustness, the system offers interchangeable settings, allowing users to achieve profitability across various currency pairs.

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Table of Contents

What is DayTrade Pro Algo EA?

Vendor website: https://www.mql5.com/en/market/product/97854

Original price: $499

https://r3a.ir/ price: $19 (you save 95%)

Key Takeaways:

DayTrade Pro Algo EA utilizes price action around daily support and resistance levels to generate profits, with a focus on using stop loss (SL) and take profit (TP) on each trade.
The algorithm trades about 10 times per week and employs a trailing stop loss to maximize profitable trades and minimize losses, with interchangeable settings for different currency pairs.
Expert Advisor is designed for use on Meta Trader 4 platform, with a minimum deposit requirement of $400, and operates on the M1 time frame for currency pairs such as EURUSD, GBPUSD, USDJPY, and others.

DayTrade Pro Algo EA Setting / Feature

Used on platform: Meta Trader 4
Currency pairs: EURUSD;GBPUSD;USDJPY;AUDUSD;XAUUSD;GBPJPY;USDCAD;EURJPY;EURNZD;EURAUD;NZDUSD;AUDJPY;CHFJPY;
Time frame: M1.
Minimum Deposit: 400$.
EA will trade about 10 trades per week.
This algorithm uses a SL and TP on each trade.
Recommend use VPS (Click see here).

DayTrade Pro Algo EA Review

Expert Advisor work account ICMarketSC – Live20 1:500

Profit: 57%

Maxdraw down: 12.2%

Profit Trades: 73.7%

Loss Trades: 26.3%

Signal link: Click to view

How to install and run the DayTrade Pro Algo EA Trading Bot in Metatrader 4?

Open the Metatrader 4 platform
From the top menu, click on “File”
Now click on “Open Data Folder”
Open the “MQL4” folder
Open the “Experts” folder
Copy the DayTrade Pro Algo.ex4 file here
Then close and restart the MT4 platform
Attach the Expert Advisor to the chart

Now, you are ready to start using the DayTrade Pro Algo EA!

Important:

Simply open a EURUSD Daily chart, enable the “OneChartSetup” in the parameters and set your lotsize.

For low risk, I recommend using LotsizeStep = 1000 or higher.

For Medium risk, I recommend using LotsizeStep=700

For High Risk, I recommend using LotsizeStep=500.

Important: these values are based on USD/EUR accounts. For other accounts, please convert these values to your account currency (ask me in pm if you have questions about this)