Forex windfall ea Forex trading is one of the most complicated markets to be involved in. A lot of people have already joined this market because it is one of the best places to earn a lot of money. But earning money through forex trading is not that easy, you must have the right software and strategies to do so. Forex robots are a big help for forex traders because they help automate forex trading. One of the best forex robots out in the market is said to be the forex windfall ea robot.
Forex windfall is an autopilot trading software, and this software produce stable and reliable profits. It works on the MT4 platform and is designed to be low risk so that it can use strategy, If required, to increase the growth of an account.
Robot Name: Forex windfall Robot
Robot Platform: MetaTrader-4
Robot Type: Forex Scalper
Price: $247 (Free Updates)
Supported: long standing
Supports 4 and 5 digit platformsCan be traded on 3 live or demo accounts.
Compatible with the NFA rules.
This Forex robot can be easily installed on your computer in just five minutes! The installation process too, is very easy and specially designed with the understanding that all users are not computer freaks. This is great! You do not need to be a computer genius or a Forex trading expert to get amazing profits.
The Forex WindFall expert advisor uses advanced search routines to hunt for a small windows of opportunity which open up every now and again throughout the day and night in the EURUSD, GBPUSD and AUDUSD markets. It is not restricted to the asian session. Markets spiking in response to major news events generally do not trigger the trades but instead pass harmlessly over the window. Each trade is immediately assigned take profit and stop loss levels. Throughout the trade Forex WindFall continues to analyse market conditions and will step in to take an early profit or a small loss as defined by its strategy.
- Stop loss and take profit level are both set at the start of the trade but the Forex WindFall will continually look for early trade exit depending on conditions
- EA Forex WindFall looks for trades 24h a day and will sit patiently recalculating, checking and testing every time a new price is received.
- When trading with fixed lot sizes, robot Forex Wind Fall checks that you have sufficient free margin to place the trade. If not, it will reduce the trade size accordingly. This ensures that you cannot receive a margin call from your broker and lose money on an otherwise winning trade.
- Compounding and risk percentages are accurately calculated based on your account size and free margin. If you set the risk percentage too high, Forex WindFall will reduce the trade size so as to avoid any possible margin call.
- How frequently does it trade? Forex WindFall trades about once per day on average. Sometimes it is more lively sometimes less.
Forex WindFall controls your risk
As well as trading fixed lot sizes, Forex WindFall goes a step further
and allows you to keep your level of risk constant as your account
grows.The level of risk per trade is calculated from the stoploss which for Forex WindFall trading the EURUSD is 60 pips. Trading at $1 per pip this is equivalent to $60. For a $1500 account the risk is 60/1500 or 4%.
Of course, the decision about where to set the risk level is up to you but as your account grows this feature will automatically increase the stake size so your account grows even faster. Don’t forget the power of compounding (above). Keep your risk low and let time do the work.
Unique message display
Forex WindFall provides you with a unique message display on the chart.
The display is the status report and shows daily
trading news or various advice. It can, for example, advise you
that a slow, fast or unstable trading period is movement or that an
interest rate announcement is the way come. This is a unique feature to
Forex WindFall EA. It updates itself at the start of a
session and periodically thereafter. You can also force an update of the
message at any other time.The reason for this feature is to advise you of events which may have an affect on the forex market. Some traders like to put a hold on their trading during these periods. While this is not necessary to run Forex WindFall successfully, it is your money at risk so if we can give you any extra help we will do so. Other examples of market affecting news are non-farm payrolls, inflation figures and major world events. We also use the display to stay in touch. and you want to more information Click here
Forex WindFall is also unique in that some trading rules can be altered without a new program release.
Forex WindFall relies on more than just price data and has the ability to receive and act on other forecasting models and advice. It continually compares present activity with the past to forecast the future.