ProFX EA 

The ProFX EA is a fully automated forex trading robot that has garnered considerable attention in the trading community. Designed specifically to trade the highly popular EURUSD currency pair, this expert advisor implements a unique strategy centered around price level breakouts.

In this comprehensive review, we delve into the intricacies of the ProFX EA to help you make an informed decision about its potential as a trading tool. By examining its features, strengths, weaknesses, and risk management approach, we aim to provide you with the necessary insights to determine whether the ProFX EA aligns with your trading objectives and risk appetite.

ProFX EA Strategy

The ProFX EA is a fully automated forex trading robot that focuses on trading the EURUSD currency pair. Its strategy revolves around identifying and capitalizing on price level breakouts. Unlike many other trading systems, the ProFX EA does not rely on lagging indicators. Instead, it utilizes an advanced input filter that analyzes the movement of the price chart to determine the optimal entry points for trades.

ProFX EA
ProFX EA

One of the strengths of the ProFX EA lies in its approach to risk management. Each trade opened by the EA is secured with a fixed stop-loss. This risk management measure helps limit potential losses and protects the trading account from excessive drawdowns. By implementing a fixed stop-loss, the ProFX EA aims to ensure responsible trading and safeguard the trader’s capital.

The EA offers three distinct modes of operation: Basic, Advanced, and Boost. In the Basic mode, the EA opens a single trade with a fixed stop-loss. It avoids complex strategies like martingale, grid, or hedging. This mode provides a straightforward approach to trading, suitable for traders who prefer simplicity and clarity in their trading strategy.


The Advanced mode of the ProFX EA introduces the concept of averaging trades. It opens additional positions, but without increasing the lot sizes. Averaging trades can help mitigate potential drawdowns by adding more positions as the trade progresses. By not increasing the lot sizes, the EA maintains a conservative risk profile, appealing to traders who prioritize risk management.

The Boost mode aims to maximize trading opportunities. It incorporates additional averaging trades along with multiplied lot sizes. By doing so, the EA aims to capitalize on favorable market movements. However, it is important to note that the Boost mode carries a higher level of risk due to the increased lot sizes.

Despite its strengths, the ProFX EA has a few limitations. Firstly, it is designed specifically for the EURUSD currency pair. While this pair is highly traded and offers good liquidity, traders who prefer diversification across different currency pairs may find this limitation restrictive. Additionally, the ProFX EA focuses solely on price level breakouts. Traders who prefer a wider range of trading techniques may find the EA’s strategy to be limited in scope.

To mitigate risks and gain confidence in the ProFX EA’s performance, it is advisable to test the strategy in a demo trading environment before deploying real funds. Demo trading allows traders to assess the EA’s effectiveness, understand its strengths and weaknesses, and fine-tune risk management settings. By thoroughly evaluating the EA’s performance in a demo account, traders can make informed decisions regarding its suitability for their trading goals and risk tolerance.

ProFX EA Features

  • Fully automated forex trading robot.
  • Focuses on trading the EURUSD currency pair.
  • Strategy based on identifying and capitalizing on price level breakouts.
  • Utilizes an advanced input filter instead of lagging indicators.
  • Implements a fixed stop-loss for each trade to manage risk.
  • Offers three modes of operation: Basic, Advanced, and Boost.
  • Basic mode avoids complex strategies and provides a straightforward approach.
  • Advanced mode introduces averaging trades without increasing lot sizes.
  • Boost mode incorporates additional averaging trades with multiplied lot sizes.
  • Does not employ strategies like martingale, grid, or hedging.
  • Advisable to test the strategy in a demo trading environment before using real funds.

ProFX EA Settings

  • AutoLots – Automatic lot calculation (not recommended in Boost mode)
  • Percentage risk per trade for Basic & Advanced modes – Risk per trade as a percentage
  • Lots-size when AutoLots are set to “false” – Fixed lot size when AutoLots is disabled
  • Trading pause for first days of the month – Pause trading on the first days of each month
  • Trading pause for last days of the month – Pause trading on the last days of each month
  • Show Info Panel – Enable/disable information panel
  • Magic Number – Unique identifier for the EA’s trades
  • Separate Stop-Loss for each order in Basic mode – Individual stop-loss for each trade in Basic mode
  • Stop-Loss Pips – Stop-loss level in pips
  • Profit-Target Volume – Take profit level as a volume value
  • Profit-Target in Pips – Take profit level in pips
  • Day Close – Time of day to close trades
  • Daily Loss Limit Trades – Maximum number of allowed losing trades per day
  • Trailing-Stop Pips – Trailing stop level in pips
  • Breakeven after pips in profit in Advanced mode – Activate breakeven function after a specified profit in pips in Advanced mode
  • Distance between orders in Pips – Gap between opened orders in pips
  • Maximum Orders – Maximum number of allowed open orders
  • Daily limit after loss trades – Maximum number of allowed losing trades per day in Boost mode
  • Trailing-Stop in Pips – Trailing stop level in pips
  • Breakeven after pips in profit in Boost mode – Activate breakeven function after a specified profit in pips in Boost mode
  • Distance between orders in Pips – Gap between opened orders in pips

ProFX EA Summary

The ProFX EA is a fully automated forex trading robot designed for the EURUSD currency pair. It focuses on price level breakouts and employs a risk management strategy with fixed stop-losses. Its strengths include a variety of trading modes, ranging from basic to advanced, and the ability to test its performance in a demo trading environment. By applying good risk management settings during demo testing, traders can gain confidence in the EA’s performance. However, it has limitations such as being restricted to the EURUSD pair and lacking certain trading strategies like martingale or hedging. The ProFX EA is suitable for traders who prioritize simplicity, responsible trading, and prefer a specific currency pair.


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