How the Make Money Day Trader EA was created
Before 2021 all Expert4x trading Robots were main swing trading (periods of weeks or months) Robots. Expert4x recently had 2 trading competitions where the winners used our swing trading Robots to create day trading strategies with much faster settings and one directional approaches. This showed a great new way of trading Robots.
So Expert4x created 2 Day trading versions of Expert4x's best Swing trading Robots. The Make Money Day Trader and the Trend Trader was born. Both were beta tested for a few months in Expert4x's paid forum with very valuable input being received and improvement suggestions. The Make Money Day Trader uses 2 Moving Averages to enter trades and a ADX to identify the trends.
This resulted in the new Make Money Day Trader Robot to be able to be used in 3 ways.
- It can be used for short term (up to a month) swing trading.
- It can be used as a Day Trader trading specific strategies less than 24 hours. All trades can be closed at specific times during the day.
- The strategies can very effectively be used to pass the Proprietary Trading (FTMO) qualification tests to become a professional trader (details below).
See the Make Money Day Trader EA in Action
The video above shows the clear benefits of of the Make Money Day Trader in terms of risk exposure and income creation.
It gives the trader the ability to:
- Set daily income and loss targets
- Close all deals at a specified time or when targets are reached every day
- Easily find the trend according to the traders needs
- Limit open deals thereby reducing exposure to margin requirements
- Set trading zones if required
- Trade efficiently in an understandable way
Further Details
See The Expert4x MakeMoney Day Trader Expert Advisor page for more information.