Divo EA

The Divo EA is a fully automated system that trades on multiple currency pairs using a hedging strategy. In this comprehensive article of the Divo EA, we will take an in-depth look at its strategy, features, and settings to help you decide whether it is a suitable investment for your trading needs.

Divo EA Strategy

Divo EA is an Expert Advisor designed for the Forex market, that executes trades on behalf of the user. It works by identifying and exploiting market vulnerabilities using a hedging strategy to protect one’s position in a currency pair from an adverse move. It can only be run on the MetaTrader 4 platform.

Divo EA
Divo EA

The EA is a fully automated system that boasts a multi-currency and flexible system. It trades on multiple currency pairs, including GBPUSD, EURGBP, and EURUSD, with default settings optimized for the GBPUSD pair. The time frame used for the Divo EA is M15, which is suitable for Forex trading.

Divo EA Activity
Divo EA Activity

The Divo EA is an open system that provides full access to its parameters, enabling users to optimize it with their unique configuration to suit their trading style. It uses a three-stage hybrid process to track potential positions and comes with a news filter, a big spread filter, and other features.

The Divo EA is a paid trading tool, which includes the software and access to its parameters. It is suitable for traders who want to automate their Forex trading during quiet market periods. One of its main advantages is its use of hedging strategy to protect positions, and its ability to trade on multiple currency pairs.

However, it is not without its weaknesses, such as its reliance on quiet market periods and its limitations to the Forex market. Traders should exercise caution and implement appropriate risk management strategies when using the Divo EA. It is crucial to backtest the EA and only trade with funds that you can afford to lose.

Divo EA Features

  • Uses a hedging strategy to protect positions in currency pairs.
  • Fully automated system.
  • Trades on multiple currency pairs including GBPUSD, EURGBP, and EURUSD.
  • Open system with full access to parameters for user optimization.
  • Three-stage hybrid process for tracking potential positions.
  • News filter and big spread filter.
  • Fixed stop loss for every order.
  • Protection from large spreads and slippage.
  • Big News protection system.
  • Ability to self-diagnose and adapt to broker conditions.

Divo EA Settings

  • LotSize: The EA’s LotSize parameter allows users to set the size of their trading position.
  • Stop Loss: The Divo EA includes a fixed stop loss for every order to limit potential losses.
  • Magic Number: The Magic Number parameter is used to identify the EA’s trades and differentiate them from other trades in the account.
  • Comments: The Comments parameter allows users to add comments to their trades for better organization and analysis.
  • Take Profit: The EA’s Take Profit parameter allows users to set a specific price at which the trade will automatically close with a profit.

Divo EA Summary

The Divo EA is an automated trading tool designed for the Forex market that uses a hedging strategy to protect positions in multiple currency pairs. Its main feature is its ability to self-diagnose and adapt to broker conditions, making it a flexible trading tool. However, the EA does not perform well during volatile market conditions and it requires some level of expertise in trading to use.

Before using the Divo EA, it is important to demo-test it thoroughly and apply appropriate risk management settings. Traders should also be aware of the costs associated with the EA, as it is a paid tool. The Divo EA is suitable for traders who want to automate their Forex trading and are comfortable with its hedging strategy, but it is not a guaranteed profitable solution and should be used with caution.

Free Forex Robot