Promax Gold EA is a new advisor that specializes in trading in the Long direction. It opens orders during times of high-impact news and uses a Martingale strategy to recover after losses. This robot has standard monthly profitability and has received good reviews on MetaTrader. It is also available on Telegram with 1812 subscribers and has a positive feedback rating on the company’s website.
No user reviews
If you are looking for a trading system that can generate profits consistently, you should consider Promax Gold EA. This automated system trades on the XAUUSD pair of Metatrader4. The inner settings of the program analyze market conditions and collect data to make profitable trades. It has an accuracy rate of 88% and uses a smart grid to break even trades. The software is available for download and testing on a demo or live account. However, before using it, be sure you have Metatrader4 installed on your computer.
While this forex robot is not new, there are no user reviews for it on MyFXbook. This is a problem because most traders would be wary of investing their hard-earned money in a program with a proven track record. Promax Gold EA is a young trading solution and may take some time to gain popularity. The good news is that the program is currently available at a reduced price of $192 (previously $390). The software comes with a demo, real accounts, and a two-week money-back guarantee.
No backtests
While the vendor claims that the Promax Gold EA has a high accuracy rate and closes trades at breakeven without losing money, the vendor doesn’t provide backtests. This raises questions about the efficacy of the FX robot. In addition, the vendor fails to provide any strategy information.
In the short term, Promax Gold EA is an excellent product if you want to trade the gold market. It trades with the Long direction and uses a low-risk strategy to balance the portfolio. It also uses a Martingale strategy to recover after losing trades. It also has a positive reputation, with reviews on the site and a Telegram channel with 1812 subscribers. However, you should know that this is a relatively new advisor, and no backtests are available.
The Promax Gold EA can be downloaded for $198 and comes with a demo and a live account. The vendor also provides a 14-day money-back guarantee. Most Forex EA vendors will offer a 30-day money-back guarantee.
No strategy tester reports
The Promax Gold EA is an automated Forex system that is supposed to generate 20-40% monthly profits. It is based on intelligent artificial intelligence and tracks market trends. It also claims to use technical and fundamental analysis to determine the best trading strategy. However, there are no strategy tester reports on the myfxbook website to prove the effectiveness of this EA.
The Promax Gold EA is sold on the website of SSorryAdvice, a group of developers who have released several forex software since 2020. The company has not disclosed the location of its headquarters or who is behind the corporation. The product is available for Metatrader 4 and comes in both Standard and ECN account types. It also accepts payments from MasterCard, Visa, PayPal, E-wallets, and cryptocurrencies.
Short trading history
Promax Gold EA is a very innovative automated gold trading strategy. It implements many novel features. It has published verified Myfxbook accounts and is fully customizable. It comes with default settings but can be configured to your specific needs. The vendor provides free updates to its software. The program also features money management and lot selection features. For example, you can adjust the size of a lot automatically based on your balance.
The Promax Gold EA is designed to trade the XAU/USD pair. XAU is the internationally accepted code for gold, which is also an essential factor in the Forex market. This code is used under the ISO 4217 currency standard. The software can trade with a high win rate, but a single losing trade can wipe out a run of winning trades.
Promax Gold EA is priced at $198, but you can purchase a demo account for 14 days at no extra cost. The vendor also provides a 14-day money-back guarantee. If you are unsatisfied with the software’s performance, you can request a refund. This appears to be a fair price.
