Forex expert advisor MyForexPath is designed in such a way as to determine a trend and open orders in its direction. To do that the EA uses special algorithms and indicators such as MA and Parabolic. Also, in case of an unsuccessful entry and a change in trend, the robot will close previously opened trades in order to fix a small loss, avoiding large losses on a change in a direction of the trend. This provides the necessary protection against large drawdowns. In such a situation, the EA will take actions to compensate for the forced losses as soon as possible.
The EA works on three currency pairs: AUDUSD, EURUSD and USDCAD. Also, it is compatible with the most popular Forex trading platforms: MetaTrader 4 and MetaTrader 5. On average, MyForexPath has a win rate of 65-70% per trade, which is a good result.
