Pegasus Pro is based on the HFT (high frequency trading) algorithm, but it is so sensitive and is completely automatic. Pegasus Pro can scalp in any scenario. You may want to attempt backtesting with the smallest spread: (MAX 5 for major currencies). You may want to ensure that the server address of your provider is in the same location as your VPS address.
This Expert Advisor can be purchased from the MQL marketplace whilst there is a free demo version also available to give it a try before making any commitment. In this article, I will be taking a look at how the Pegasus Pro EA works. Hopefully, that will help you to decide if this is a trading robot that you would consider using on your trading account.
High Frequency Trading with Pegasus Pro EA
High-frequency trading (HFT) is a type of algorithmic trading that the Pegasus Pro EA uses to execute a large number of transactions at high speeds. The goal of HFT is to make profits by exploiting small market inefficiencies that exist for only a short period of time.
The HFT process begins with the use of sophisticated algorithms to identify opportunities for profitable trades based on various market indicators. These algorithms analyze vast amounts of data in real-time, including price movements, volume, and news feeds. When a profitable opportunity is identified, the HFT system automatically executes trades at lightning-fast speeds, often in microseconds or less.
HFT traders typically use colocation services to minimize the time it takes for their trades to reach the exchange. They also use specialized networking technologies to connect directly to the exchange’s trading servers, further reducing latency.
HFT has been a controversial topic in the financial world, with critics arguing that it can create instability in the markets and give an unfair advantage to those with access to the fastest and most powerful trading technology. However, proponents argue that HFT provides liquidity to the markets and helps to reduce bid-ask spreads, ultimately benefiting all market participants. HFT firms use high-speed networks and advanced trading strategies to take advantage of small price discrepancies in financial markets, making profits on the difference in price.
Pegasus Pro EA Features
- No grid, martingale, or other of such dangerous trading methods.
- Can be used on all currency pairs.
- Works on all timeframes.
- Utilizes low drawdown technique.
Overall, Pegasus Pro EA could be a beneficial trading robot for traders of all levels of experience. The developer of this robot has also shared some backtests for you to get an idea of how this trading robot has performed over recent years through different market conditions.
It is always important to note that past performance does not guarantee good future results. Therefore, I would only test the Pegasus Pro EA on a demo account using a trial version to begin with. This would allow me to get a feel for how it works and see if it fits within my own trading style. The Pegasus Pro EA is an expensive trading robot compared to some other forex robots which I have previously reviewed.
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.