Primeval-EA - 0 views
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tech writer on 17 Jan 12Primeval-EA is a fully automated Forex robot that needs no human intervention. You just need to place it on a chart and it trades by itself. It works with all Forex brokers using the MetaTrader platform, including ECN and 5-digit brokers, it detects your broker?s digits automatically before it places a single trade. This Expert Advisor has been sharply designed to operate on THIRTEEN currency pairs with NINE Built In Very Advanced & Profitable Strategies. Six of them are for Scalping Asian Sessions when the Market is more quiet and the price tends to be more predictable allowing the Expert Advisor to pick up some reliable pips from it. The seventh strategy is a technique called Grid Trading Strategy, which consists in dividing a specific price range into sub ranges (grids). Every time a grid line is touched, the Expert Advisor would open a trade if there isn?t any trade opened yet for that specific grid, this works great on ranging markets and for stable currency pairs with low historical range of pips. The eighth strategy is called Hedging & Pyramiding . Pyramiding is a trading strategy that consists in adding positions as price moves in the desired trend direction, this offers the maximum potential reward but can also be risky, that's why it also hedges (open trades in the same currency pair with opposite directions buy & sell) positions until partial trades or all trades are closed in profit. The ninth strategy included in this single EA is called Martingale. The strategy works by recouping all losses through the increase of lots after successive losing trades.