Daytrade Pro Algo EA

Overview

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Daytrade Pro Algo EA is a robust automated trading system for MetaTrader 4 that specializes in day trading across 13 different currency pairs simultaneously. Developed by Wim Schrynemakers of Profalgo Limited after years of market research and strategy refinement, this expert advisor focuses on trading price action around major daily support and resistance levels. Unlike many overhyped trading robots on the market, Daytrade Pro Algo takes a refreshingly honest approach—it’s built on real trading logic without false claims about AI, neural networks, or guaranteed profits. With over 126 weeks of verified live trading results and extensive backtesting since 2023, this EA has proven its ability to deliver consistent performance across various market conditions and broker environments.

LIVE MQL5 RESULTS

How It Works

How it looks on your chart

Daytrade Pro Algo operates on a straightforward yet effective principle: price tends to be “sucked” into major daily highs and lows, creating profitable trading opportunities at these key zones. The EA continuously identifies and monitors daily support and resistance levels across multiple currency pairs, then executes trades when price approaches these critical areas.

Each trade is carefully managed with predefined stop loss and take profit levels, ensuring controlled risk on every position. The EA also implements a trailing stop mechanism that locks in profits as trades move favorably while minimizing losses on unsuccessful trades. This dual approach—maximizing winners and minimizing losers—helps maintain the EA’s impressive 73-76% win rate.

The genius of Daytrade Pro Algo lies in its simplicity and robustness. The algorithm is spread-independent and broker-independent, meaning it performs consistently regardless of your broker’s trading conditions. The developer tested hundreds of different parameter combinations, and remarkably, they all showed profitable results—though naturally, the best-performing settings were selected for the final product.

One of the EA’s most convenient features is the OneChartSetup functionality. Instead of cluttering your terminal with 13 different charts (one for each currency pair), you can run the entire system from a single EURUSD Daily chart. Just enable OneChartSetup in the inputs menu, select which pairs you want to trade, set your lot size, and the EA handles everything else.

For lot sizing, the EA offers flexible options. You can use fixed lot sizes if you prefer manual control, or employ the automatic “Max Risk Per Pair” method, which calculates position sizes based on your account balance. The developer recommends 3% risk for conservative trading, 7% for medium risk, and 15% for aggressive approaches—giving you complete control over your risk profile.

User Feedback

Daytrade Pro Algo EA has received many positive reviews. Here are some of them from the official website:

Key Features

• Recommended Timeframe: Daily chart (for OneChartSetup) or M1 for individual pair
• Currency Pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD (Gold), GBPJPY, USDCAD, EURJPY, EURNZD, EURAUD, NZDUSD, AUDJPY, CHFJPY (13 pairs in total)
• Minimum Deposit: $400
• Price Action Strategy: Trades around major daily support and resistance levels where price naturally gravitates
• OneChartSetup: Manage all 13 currency pairs from a single chart, reducing terminal load and simplifying operations
• Settings Interchangeability: Extremely robust system where settings from one pair work profitably on others
• Stop Loss on Every Trade: All positions protected with predefined stop loss levels
• Trailing Stop Loss: Dynamically adjusts stops to lock in profits and minimize losses
• OnlyUp Option: Prevents lot size reduction after losses for faster recovery
• Live Results: Over 101 weeks of verified live trading with consistent 81.72% growth
• Broker Independent: Works reliably with any forex broker
• Spread Independent: Performs consistently regardless of spread fluctuations
• Prop Firm Compatible: Backtesting on $100,000 accounts shows the EA can successfully pass prop firm challenges

The download package of the product includes:

• Experts: DaytradeProAlgo EA V2.61_fix.ex4
• Installation Guide from forex-hacked.com

Conclusion

Daytrade Pro Algo EA stands out in the crowded forex robot market through its commitment to honesty, robust design, and proven long-term performance. Rather than making exaggerated claims about artificial intelligence or guaranteed profits, this EA delivers what matters most: consistent, realistic returns based on sound trading principles. The price action strategy around daily support and resistance levels is time-tested and logical, while the multi-pair approach provides natural diversification that smooths equity curves.

Contact me: trent@trentbaxter.com

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