ERXGen BreakOut MultiCurrency Trader EA – [Value $2499] – Available for FREE Forex Robot Download
Trading the financial market is nearly impossible without volatility. Profit is only made when the price moves.
The ERXGen (Early Riser Next Generation) Breakout System is a short-term trading strategy based on the fact that price volatility tends to be higher at specific periods of the trading day.
Following the release of the highly popular ERXGen Filter indicator, which is used by many traders, this is an automated trading system that provides traders with even more benefits for their trading.
Following the release of extremely popular indicator – ERXGen Filter, being employed by many traders this is an automatic trading system giving traders even more benefits for his or her trading.
Following the release of the highly popular ERXGen Filter indicator, which is used by many traders, this is an automated trading system that provides traders with even more benefits for their trading.
The Tokyo trading session’s price activity is used to determine trade entry levels. During the London trading session, most buy and sell trades are made.
Parameters
The three key rules are:
- Intra-week trend
- Tokyo’s Range is Limited (gap between high and low price during Tokyo session must be low, ranging and not trending)
- The Tokyo Range’s location (price action in the Tokyo session must occur at the top or bottom of the previous day’s range)
This Multi-Currency Automated Trader comes with huge benefits
- Multi-Currency Pairs for EUR and GBP
- Well-written algorithms, precise and fast
- More like a trade assistant than a robot
- Allows for user intervention
- Manages risk – lot sizes, trade sizes
- Trade size, trade targets, trade stop loss, and stop loss management are all managed by this person (move to breakeven, trailing, partial closes, etc)
- Additional control parameters, such as EMA-based stop losses, trade recovery approaches, and so on
- Visual display
