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Average Ratings 0 Ratings
Description
MyForexPath is an advanced automated Forex trading robot that effectively detects market trends and executes trades based on those insights. It employs sophisticated algorithms and technical indicators, including Moving Averages (MA) and Parabolic SAR, and focuses on three specific currency pairs: AUD/USD, EUR/USD, and USD/CAD. This expert advisor is optimized for use with both MetaTrader 4 and MetaTrader 5 platforms and operates through four independent trading sessions for each currency pair, which increases the frequency of signals while maintaining high quality. Additionally, it features a robust drawdown control system with intelligent stop loss calculations to safeguard against unexpected losses. Backtesting results reveal that, under maximum risk conditions, an initial investment of $1,000 could have potentially escalated to over $11 million on the AUD/USD and EUR/USD pairs, while exceeding $17 million on the USD/CAD pair. When utilizing normal risk settings, the same starting investment may have produced returns ranging from $51,214 to $478,632 across all three currency pairs. With an impressive average win rate of 65–70% per trade, MyForexPath stands out as a reliable option for both novice and experienced traders. Its sophisticated strategies and proven track record make it a compelling choice in the competitive world of Forex trading.
Description
The strategy relies on the correlation between currency pairs to mitigate risks through multi-currency trading.
This fully automated expert advisor operates across 14 different currency pairs, deploying 28 robots on 28 charts each with small lot sizes to further minimize risk exposure.
For those looking to engage in trading all 14 pairs, the minimum deposit required is $800 for a standard account or 800 cents ($8) for a micro account, with trading conducted in increments of $0.01 lots relative to the deposit amount.
Standard account holders have the option to start with a lower deposit, although the number of robots utilized must be adjusted based on the deposited amount, as detailed in the accompanying table.
Potential profits can reach as high as 300% per month, depending on the prevailing market conditions, while ensuring that the maximum floating drawdown does not exceed 25%.
This structured approach allows for flexibility in trading strategies while maintaining a focus on risk management.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
MetaTrader 4
MetaTrader 5
Pricing Details
$285 one-time payment
Free Trial
Free Version
Pricing Details
$219
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
MyForexPath
Website
myforexpath.com
Vendor Details
Company Name
Signal2Forex
Founded
2010
Country
United States
Website
signal2forex.com