Tag: Supply Demand EA ProBot

Supply Demand EA ProBot v1.6

The Supply Demand EA ProBot is a fully automated trading robot designed for the MetaTrader 4 and 5 platforms. Developed by Georgios Kalomoiropoulos, this Expert Advisor (EA) leverages the principles of supply and demand to execute trades efficiently and effectively.

Key Features

1. Complete Automation: The ProBot offers full automation, making trading effortless. It can place trades automatically based on predefined supply and demand zones.
2. User-Friendly Trading Panel: The EA includes a graphical trading panel that allows users to control their trading strategy easily. This panel supports various settings, including timeframes, take profit (TP), and stop loss (SL) ratios.
3. Multi-Timeframe Support: The EA can operate across multiple timeframes, making it suitable for day trading, swing trading, and scalping.
4. Manual Trading Option: In addition to automated trading, users can place trades manually using a one-click trading feature.
5. Advanced Filtering: The trading panel allows for extra filtering on the types of zones where trades are placed. Users can set trailing stops, half profits, and break-even levels.
6. Customizable Trading Directions: Users can select the trading direction (buy or sell) based on their analysis of the market.

How It Works

The Supply Demand EA ProBot operates by identifying supply and demand zones on various timeframes. Users can set the EA to trade in specific directions (long or short) based on these zones. The EA can place trades on all timeframes from a single timeframe, providing flexibility and efficiency.

Trading Styles

The EA supports multiple trading styles, including:

• Day Trading: Suitable for traders who prefer short-term trades.
• Swing Trading: Ideal for those who hold positions for several days or weeks.
• Scalping: Perfect for traders who aim to make small profits from numerous trades throughout the day.

Benefits

1. Effortless Trading: With its complete automation, the EA reduces the need for constant monitoring and manual intervention.
2. High-Quality Algorithm: The EA is built with over 15,000 lines of code, ensuring robust and reliable performance.
3. Versatility: The EA’s ability to support various trading styles and timeframes makes it a versatile tool for different types of traders.
4. Prop Firm Challenges: The EA is designed to help traders pass prop firm challenges by adhering to strict trading rules and risk management.

Conclusion

The Supply Demand EA ProBot is a powerful tool for traders looking to leverage supply and demand principles in their trading strategy. Its combination of automation, user-friendly interface, and advanced features makes it a valuable asset for both novice and experienced traders.