Daytrade Pro Algo

Daytrade Pro Algo

by Profalgo LimitedMQL5 Marketplace
AI Score
6.0
Medium RiskMT5SwingMulti-TFMedium RiskForexGoldBeginner
Versions:

Screenshots

Daytrade Pro Algo screenshot 1

AI Summary

DayTrade Pro Algo is a daily support/resistance trading EA that works across 13 currency pairs with trailing stops. The system appears robust with broker independence, but lacks detailed performance metrics and transparent trading logic.

Maximum risk setting of 15% per pair could lead to significant drawdowns, especially when trading multiple pairs simultaneously.

Pros

  • Broker and spread independent operation
  • Works across 13 different trading pairs
  • Simple one-chart setup for all pairs
  • Includes trailing stop loss for profit optimization

Cons

  • Limited performance transparency beyond one signal link
  • Vague strategy description lacks technical details
  • No user reviews available for validation

Requirements & recommendations

Min deposit$400
Broker typeECN
VPSRequired
TimeframesM15

Strategy explanation

Price action trading system that identifies major daily support and resistance levels, placing trades when price approaches these zones with predetermined stop loss and take profit levels.

AI Confidence65%
Suitability scores
70%
Prop Firm
75%
Beginner
60%
Aggressive
45%
Conservative