PerfectTrade FX

Introduction to PerfectTrade FX:

After several months of hard work and research to develop a perfect automatic trading algorithm, Something special has been created: the EA that can stay profitable over a long period, adapt to current market volatility, work with trending markets, and identify pre-determined potential trade values. It can make profits alongside other open positions, recognize advanced patterns for possible unpredictable trades, and much more.

The PerfectTrade FX trading robot was created to achieve 100% buyer satisfaction. When developing the EA, we considered what traders need and their expectations by reviewing hundreds of reviews and top products.

THE STRATEGY:

The system is based on a highly popular and reliable strategy, which implies a breakout strategy during the most active time of the day, automatically corrected to GMT time. It includes advanced features to detect current and potential market volatility ranges to filter false signals and increase the probability of successful trades.

The most important factor is that the EA must perform profitably during live trading, not just in simulations, as trading can be full of unexpected events. The EA is designed to account for all unexpected market behaviors, with one of the most significant being a trending market. PerfectTrade FX has integrated an algorithm to determine current market conditions, then adjust trade levels and take profit values accordingly.

According to current market conditions, predetermined (fixed) trade values perform better than trailing trade values. 

Trades are not intended to be closed with the stop loss option but rather with take profit, gross profit if there are several trades, or if the drawdown percentage reaches the allowed value.

The EA features the ability to determine trade levels and take profit options based on current market conditions, with all other parameters adjusted automatically according to the indicated risk level.

The system works on the very popular GBP/USD currency pair, which, due to its liquidity and volatility, is a relatively safe and stable option for a long-term strategy.

Since the Expert Advisor works on the GBP/USD currency pair, there is minimal slippage, less order execution delay, and lower spreads. All these advantages help the already proven strategy to perform even better.

The main advantage of the EA is its recovery system, which adapts to current market conditions. While a position may stay open for several days, it is normal for the EA to benefit from market volatility and close many trades profitably during the recovery phase.

One unique ability of the EA is its handling of losing trades. While losses are an expected part of trading, they occur very rarely, currently estimated at 2-3 times per year, and may vary. The current performance of the EA allows it to absorb these losses while remaining in profit.

The EA automatically corrects the GMT offset without any intervention from the trader. Special functions have been developed for the strategy tester to manage GMT offset corrections automatically.

Key features of the EA: 

• Very easy to use
• Minimum recommended account balance: $1000
• Ready to use on prop firms
• Good history results on GBP/USD
• Manageable risk and fund safety

Setup:

• Working Symbol: GBP/USD
• Working timeframe: any (has no importance)
• Minimum balance: $1000
• Account type: Hedge

Recommendations:

It is important to set up the EA correctly. For example, the drawdown percentage must not be too small, and the maximum simultaneous trades must not be too low either. drawdown percentage, maximum simultaneous trades, and maximum trade volume must be considered according to the risk level. You can use the default settings without modifying them, or you can contact us for help and further recommendations.

BACKTEST:

Run the backtest on the GBP/USD currency pair using default settings. The timeframe is not important as the GMT offset is corrected automatically. The minimum recommended balance is $1,000. Account leverage is normalized automatically, but it is recommended to have more than 1/100 leverage. The drawdown percentage must be considered in correlation with the risk level and the maximum number of trades.

Parameters:

Magic Number - Unique ID of the EA to differentiate orders

Trade Comment - Trade comment of the EA

Max Volume - Maximum volume that will be used by the EA

Max Drawdown (%) - Maximum allowed drawdown set by the user. If reached, all trades will be closed

Max Sim. Trades - Maximum simultaneous trades. It is important to consider the recommended values

Risk Level - The EA will manage lot size, trade level, and other internal parameters based on the risk level

All other internal parameters are managed automatically by the EA

GMT offset is corrected automatically (also in the strategy tester)

If you have any questions or need further assistance, please don’t hesitate to contact us directly through private messages.

Risk Warning:

Past performance is not a guarantee of future success.

Forex trading involves significant risk and may not be suitable for all investors. Using an Expert Advisor (EA) does not guarantee profits, and past performance is not indicative of future results. Backtests are optimized and may not reflect actual trading conditions. You should only invest the money that you can afford to lose.