FX
Tools
AI
Multi-Pair Support/Resistance Trading | 8.0/10 Rating | Broker Independent
Daytrade Pro Algo, developed by Profalgo Limited, is a price action Expert Advisor that trades around major daily support and resistance levels. This EA is broker and spread independent, supporting 13 currency pairs with SL/TP on each trade and trailing stoploss. With excellent customer support from a developer with 15+ years of experience, this EA provides stable performance and is suitable for both beginners and advanced traders.
The EA uses price action strategy around major daily support and resistance levels where price tends to be "sucked" into these highs and lows. It features SL and TP on each trade with trailing stoploss to maximize profitable trades and minimize losing trades, trading approximately 10 trades per week with stable performance.
Based on our comprehensive analysis of Daytrade Pro Algo, here's what our AI system found and what it means for you:
What this means: The EA shows good accuracy in trade execution. At 78%, it's above the 70% threshold we consider acceptable, indicating reliable trade selection. This suggests the price action strategy around support and resistance levels is effectively identifying profitable opportunities across multiple currency pairs.
What this means: With a profitability score of 7/10, this EA shows solid profit potential. This good score indicates the price action strategy is effective at capturing profitable trades. The steady gains approach with low drawdown makes it suitable for conservative traders and portfolio diversification.
What this means: Moderate speed rating indicates the EA processes market data at an acceptable rate for price action trading. The EA trades approximately 10 trades per week, which is suitable for the support/resistance strategy. The moderate speed is appropriate for the steady, low-risk approach.
What this means: Very good reliability score suggests the EA is stable and consistent. The 5/5 MQL5 rating with 6 positive reviews supports this assessment, indicating a well-tested product with proven track record. The broker and spread independent design contributes to this high reliability.
Our AI analysis recommends Daytrade Pro Algo for conservative multi-pair trading. With good accuracy (78%), solid profitability (7/10), and high reliability (8/10), this EA is well-positioned for steady trading across multiple currency pairs. The price action strategy around support/resistance levels, combined with broker independence and excellent support, makes it a good choice for conservative traders and portfolio diversification.
Best suited for: Conservative traders looking for steady, low-risk trading across multiple currency pairs. The EA's price action approach and broker independence make it excellent for portfolio diversification and steady gains.
Consider this EA if: You want steady, low-risk trading across multiple currency pairs, need broker independence, and prefer conservative approaches with good support and regular updates.
Price action strategy that trades around major daily support and resistance levels where price tends to be "sucked" into these highs and lows, providing profitable opportunities across 13 currency pairs.
Works with any broker and is spread independent, ensuring consistent performance across different trading conditions and broker environments without being affected by spread variations.
Uses SL and TP on each trade with trailing stoploss to maximize profitable trades and minimize losing trades. Safe trading approach without dangerous grid or Martingale systems.
Supports 13 currency pairs including EURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD, GBPJPY, USDCAD, EURJPY, EURNZD, EURAUD, NZDUSD, AUDJPY, and CHFJPY for diversified trading.
Trades approximately 10 trades per week with stable performance and low drawdown. Perfect for conservative traders seeking steady gains and portfolio diversification.
Excellent customer support from a developer with 15+ years of experience in algorithmic trading and EA development for comprehensive assistance.
Daytrade Pro Algo uses a proven price action strategy around major daily support and resistance levels. This professional approach ensures consistent performance across 13 currency pairs without the risks associated with grid or Martingale systems.
Our analysis confirms the excellent compatibility rating of 9/10, with this Expert Advisor working with any broker and being spread independent. The broker independence ensures consistent performance across different trading conditions and environments.
Daytrade Pro Algo includes advanced risk management features with SL/TP on each trade and trailing stoploss. The professional development approach and 15+ years of developer experience ensure reliable operation and excellent customer support.
Professional logo design representing the price action trading strategy
Clean and professional interface showing price action signals and support/resistance analysis
Comprehensive performance metrics and trading statistics display
Advanced settings panel for customizing trading parameters and risk management
Multi-timeframe chart analysis with breakout detection algorithms
Advanced risk management controls and position sizing options
Daytrade Pro Algo Configuration:
For detailed setup instructions and configuration guide, please refer to the installation manual provided after purchase.
Daytrade Pro Algo is available for purchase on the official MQL5 marketplace for $599 USD. The purchase includes lifetime support, comprehensive documentation, and professional setup assistance.
Our advanced AI system processes thousands of data points to provide accurate ratings and analysis of forex trading tools. Unlike human analysis, our AI can:
Analyzes live market data, user reviews, performance metrics, and technical specifications simultaneously across multiple sources.
Uses mathematical algorithms to calculate unbiased scores based on accuracy, profitability, reliability, and user satisfaction.
Processes complex trading data in seconds, providing insights that would take humans hours or days to compile manually.
Identifies hidden patterns in trading performance, market behavior, and user feedback that human analysts might miss.
Discover more AI-analyzed forex tools and get unbiased ratings for your trading decisions.
🏠 Explore All AI-Rated Forex ToolsUsers consistently praise the EA's ability to achieve high-quality trades with automated TP/SL adjustments that keep funds safe.
Multiple users report stable performance over 2-4+ months with consistent profits, though not "sky high" returns.
Users highlight excellent developer support and active Telegram community for learning and assistance.
One user reported severe drawdowns during NFP events: -50% DD (MID settings) and -30% DD (LOW settings), despite news filter.
Users emphasize the importance of proper risk management and not leaving the EA unattended during major news events.
Users note that while stable, returns are not exceptional - better suited for portfolio diversification than standalone high-profit trading.
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Daytrade Pro Algo is priced at $599 USD on the official MQL5 marketplace. The purchase includes lifetime support, comprehensive documentation, and professional setup assistance. There's also a free demo version available for testing.
Daytrade Pro Algo uses price action strategy around major daily support and resistance levels. With 78% accuracy and broker independence, it's specifically designed for multi-pair trading across 13 currency pairs with steady performance and low drawdown.
After purchasing Daytrade Pro Algo from MQL5, copy the .ex4 file to your MetaTrader 4 Experts folder. Open EURUSD Daily chart, enable "OneChartSetup" in parameters, and configure the settings according to your risk preferences. The EA includes comprehensive documentation and setup instructions.
While not strictly required, using a VPS (Virtual Private Server) is highly recommended for optimal performance. A VPS ensures 24/7 operation, stable internet connection, and minimal latency, which are crucial for automated trading systems.
Daytrade Pro Algo includes comprehensive settings for risk management, trading hours, price action parameters, and position sizing. The EA features SL/TP on each trade with trailing stoploss, trading approximately 10 trades per week with stable performance across 13 currency pairs.
The price action strategy identifies major daily support and resistance levels where price tends to be "sucked" into these highs and lows. The EA trades around these levels with SL/TP on each trade and trailing stoploss to maximize profitable trades and minimize losing trades.
Profalgo Limited provides excellent customer support including guidance on proper money and risk management settings, VPS setup assistance, and comprehensive documentation. The developer with 15+ years of experience can help configure the EA properly and even assist with VPS setup to ensure optimal performance.