Ruxzo EA

The Ruxzo EA is an Expert Advisor that executes trades on multiple currency pairs with a counter-trend strategy. It is compatible with other EAs and can be used in any currency of the account.

In this article, we will provide an in-depth review of the Ruxzo EA, covering everything from its strategy to settings, and features. By the end of this review, you will have a better understanding of the Ruxzo EA and whether it’s suitable for your trading.

Ruxzo EA Strategy

Ruxzo EA is an automated trading robot that executes counter-trend trades across multiple currency pairs on MetaTrader 4 and MetaTrader 5. The EA uses market trend analysis to identify counter-trend opportunities, which involve taking positions against the prevailing trend. It is compatible with other EAs, allowing traders to combine different trading strategies, such as Franc strategy, pre-rollover strategy, or 24/5 scalping.

Ruxzo EA
Ruxzo EA

To use Ruxzo EA, traders need a hedging or netting account type and an ECN account with a low spread such as IC Markets Raw Spread, as recommended by the developer. The EA can trade multiple currency pairs, including major and minor, on a lower timeframe. However, it requires a minimum deposit of $50 and leverage of 1:50, with a maximum spread of 15 for major and 25 for minor currency pairs, as stated by the developer.

One weakness of Ruxzo EA is that its performance can be impacted by the spread, which can be a disadvantage when trading during volatile market conditions. Another weakness is its counter-trend strategy, which can experience drawdowns or losing streaks, especially in volatile markets where sudden price movements can lead to unexpected losses.

Overall, Ruxzo EA is worth considering for experienced traders who want to execute counter-trend trades across multiple currency pairs. It is important to thoroughly test the EA on a demo account before investing real money and to use good risk management practices to minimize potential losses.

Ruxzo EA Features

  • Trading strategy: The Ruxzo EA uses a counter-trend trading strategy.
  • Risk management: The EA includes a money management system that helps to minimize risk and limit drawdowns.
  • Dynamic profit fixing algorithm: The EA uses a unique algorithm to dynamically fix profits and minimize drawdowns.
  • Hidden tight stop order: The EA uses a hidden stop order to help protect against sudden market movements.
  • No martingale, no grid, no arbitrage: The EA does not use risky strategies such as martingale, grid, or arbitrage, which can lead to significant losses.
  • Server notification: The EA provides server notifications directly to the chart.
  • News filtering: The EA has a built-in news filter that allows traders to avoid high-impact news events.
  • Improved interface: The EA has an improved interface that provides information about drawdowns and profits for the day.

Ruxzo EA Settings

  • Fix Lot- This setting allows you to set a fixed lot size for each trade.
  • Risk- This setting allows you to set a percentage of your account balance that you are willing to risk for each trade.
  • Take-Profit Pips- This setting allows you to set a target profit level for each trade in pips.
  • Stop-Loss Fix- This setting allows you to set a fixed stop-loss level for each trade.
  • Magic Number- This setting allows you to assign a unique identifier to each instance of the EA that you run on your trading account.
  • News Filter- This setting allows you to filter out news events that may affect the currency pairs you are trading.
  • Chart Notification- This setting allows you to receive notifications directly on your trading chart.

Ruxzo EA Summary

The Ruxzo EA is an Expert Advisor (EA) designed to automatically execute trades using the counter-trend strategy. One of the strengths of the Ruxzo EA is its ability to support multiple currency pairs, which provides traders with more trading opportunities.

One of its weaknesses is its reliance on current market conditions, due to its counter-trend strategy, which can change rapidly and unexpectedly. The EA is dependent on technology and can malfunction if there is a technical issue, which could result in significant losses.

Ruxzo EA is worth considering for experienced traders who prefer automated trading systems and want to diversify their portfolios. However, it is important to thoroughly test the EA on a demo account before investing real money and to use good risk management practices to minimize potential losses.

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