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Channel Trader PRO EA review

Channel Trader Pro EA review

Welcome to the ultimate guide on Channel Trader PRO Expert Advisor, an automated trading tool that combines cutting-edge techniques for trading specific currency pairs. Let’s dive deep into what makes this Forex EA stand out and how it can transform your trading experience.

What is Channel Trader PRO?

The Channel Trader PRO Expert Advisor is designed to execute trades automatically, focusing primarily on three unique currency pairs: EURJPY, AUDUSD, and AUDCAD. Whether you’re a novice or seasoned trader, this software aims to maximize your profits through a blend of proven strategies and automation.

Key features

  • Completely automated: the program handles all trading activities, freeing you from manual intervention.
  • Multiple timeframes: compatible with various timeframes, offering flexibility in trading.
  • Proven strategies: incorporates successful trading strategies tailored for the mentioned currency pairs.
  • High yield: promises an annual yield of up to 2000%.

Why choose Channel Trader PRO?

Many traders are drawn to Channel Trader PRO because it simplifies the complexities of Forex trading. Here are some compelling reasons why you might consider using it:

Minimal initial investment

With a minimum deposit requirement of just $200, this EA is accessible even to those who are new to Forex trading. You don’t need a large capital base to get started.

Highly effective techniques

Channel Trader PRO employs highly effective trading techniques specifically optimized for EURJPY, AUDUSD, and AUDCAD. This specialization allows it to achieve remarkable returns.

Performance metrics

Impressive returns

This software boasts an outstanding annual yield rate of approximately 2000%. Such high returns aren’t common in the world of automated trading, making Channel Trader PRO a standout choice.

Risk management

Despite its high yield, risk management remains a key feature. The software maintains a maximum drawdown per annum of 33.9%, balancing high returns with controlled risk.

How it works

Channel Trader PRO takes advantage of pattern recognition to make profitable trades. With auto start lot features, fixed stop loss, and take profit functionalities, the software is set to handle various market conditions without user input.

Installation and use

Installing Channel Trader PRO is straightforward. Once you’ve purchased the software, follow the provided instructions to set it up on your preferred trading platform. The software works best on platforms that support scalping and need at least 1000 units per 0.1 of a standard lot.

The program also supports multiple usage scenarios, mini deposits, ECN NDD, and several one-way series, ensuring versatility in its application.

Characteristics

Aspect Details
Rating 7.4
Yield Per Annum 2000%
Max Drawdown Per Annum 33.9%
Developer Channel Trader EA
Created Year 2015
Price $199
Class Short and Long Term
Type Scalping
Lot Size Not less than 1000 units per 0.1 of a standard lot
Deposit $200
Leverage 100
Timeframes Any
Strategies Own Strategy
Indicators Non-Indicator
Recommended Brokers Trading Tool/Currency Pairs
Automatic Account Type Indicating Multiple Usage

Explore more top-rated forex EA reviews

Take your forex trading to the next level by exploring our forex EA insights hub. For traders seeking precision and profitability through pivot-based strategies, be sure to check out our review of the Pivot Trader Pro EA. Learn how this advanced EA capitalizes on pivot points to identify market reversals and optimize your trading performance in various conditions.



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