ParaSwing EA Expert Advisor - A Corner of Calm in the Ocean of Forex

ParaSwing Ea is a quite adequate forex expert advisor that appeared this autumn. The trading strategy is based on trend following; according to the developers, the expert even looks for trades on several timeframes at once.

Specifications of the ParaSwing Ea expert advisor

Seller's website: paraswing.com

Platform: Metatrader 4

Expert advisor version: 1.0

Currency pair: EURUSD

Timeframe: M15

Operating time: Around the clock

The maximum profit in an advisor trade can exceed 300 points; however, the trailing stop operation usually leads to earlier closing of trades with somewhat smaller profit. The stop-loss is dynamic, on average 60-100 points. There is a forward test on a demo account on the official website, but much more interesting is the real-account test of the EA by Bert, the author of the well-known blog eareview.net :

ParaSwing EA historical backtest (fixed lot 0.1) 2007-2011

MT4_Account_Key - everything is free for us, leave it unchanged :)

Percentage_Free_Margin - what percentage of margin to use for opening trades (auto lot control), works if Trade_With_Fixed_LotSize is set to 0.

Trade_With_Fixed_LotSize - fixed trading lot. If set to 0, the lot will be calculated using the Percentage_Free_Margin parameter

EA_Name - comment for the advisor's positions

If you have difficulties installing the expert, see the FAQ on trading with expert advisors

The advisor is interesting; no dubious strategies such as martingale or sitting through losses are used, so ParaSwing is certainly worth paying attention to. Although, of course, it is still too early to make any final conclusions.

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