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Daytrade Pro Algo is an MT5 expert advisor that trades price action around major daily support and resistance levels on forex pairs and gold. Each trade has a stop loss, a take profit and a trailing stop.
Get one message the moment it launches, with its price.
Daytrade Pro Algo is a fully automated expert advisor for MetaTrader 5. It looks at major daily highs and lows, treats them as support and resistance zones, and trades the price action around them on forex pairs and gold.
The EA marks significant daily levels and watches how price behaves when it reaches them. Entries are placed around these zones, and each position is opened with a stop loss and a take profit. A trailing stop then follows the trade once it moves in your favour, which is intended to protect open gains and limit the size of losing trades. The approach is rule based: it does not use discretionary input once it is running.
The vendor describes a fairly low trade frequency, so expect the EA to sit idle for stretches. Watch it over a reasonable period before judging it.
The EA is attached to a daily chart. With the one chart setup option enabled, it can trade a list of symbols from that single chart. Supported markets include the major forex pairs and gold (XAUUSD). Symbol names differ between brokers, so confirm the exact names in your Market Watch and enter them as they appear.
The main inputs are listed below. Names in your copy may be worded slightly differently, so read the input tab and the vendor documentation before going live.
| Setting | Purpose |
|---|---|
| Show info panel | Displays an information panel on the chart; a size option helps on high-resolution screens |
| One chart setup and symbol list | Runs all chosen symbols from one chart |
| Virtual expiration | Use it if your broker does not accept expiry times on pending orders |
| Magic number and trade comment | Identify the EA's trades |
| Lot size calculation method | Fixed lots, balance step, or maximum risk per pair |
| Start lots and lot step | Manual lot size, or the account amount needed for each 0.01 lot increment |
| Use equity instead of balance | Chooses which figure drives automatic sizing |
| Only up | Stops the lot size from falling after losses |
Trading carries risk and you can lose some or all of your deposit. Backtests and live signals show past behaviour only, and past results do not predict future ones. Test on a demo account first and use position sizes you can afford.
Run it on a VPS if you want it to operate continuously, and check your broker's rules on stop levels and pending order expiry.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Signals, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Markets | Major forex pairs and gold (XAUUSD); check symbol names at your broker |
| Chart timeframe | Daily chart (the EA reads daily levels) |
| Trade style | Price action around support and resistance, with trailing stop |
| Position sizing | Fixed lots, balance step or maximum risk per pair |
| Account needs | Algo trading enabled; the vendor suggests a modest minimum balance |
| Backtesting | Strategy Tester on daily chart with 1 minute OHLC modelling |
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Open a daily chart of a symbol such as EURUSD and attach the EA. If you switch on the one chart setup option and list the symbols you want, the EA manages all of them from that single chart, so you do not need a separate chart for each pair.
No. This listing is the MetaTrader 5 build and cannot be loaded in MetaTrader 4. If you trade on MT4, look for a build made for that platform instead.
Gold (XAUUSD) is among the markets the EA is designed for. Brokers name the symbol differently, for example with a suffix, so add the exact name from your Market Watch to the symbol list and test on a demo account first.
The vendor gives a recommended minimum balance, but the right amount depends on your broker, contract sizes, leverage and the risk setting you choose. Check the product page and test on a demo account before funding a live one.
Use the Strategy Tester on a daily chart, enable the one chart setup option and choose 1 minute OHLC modelling. You can compare it with every tick modelling to see the difference for yourself. Tester results do not predict live results.
No. All trading carries risk, losing periods are normal for any strategy, and past or tested results do not predict future ones. Only risk money you can afford to lose.
Daytrade Pro Algo MT5
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