The Day Trading EA is fully based on technical analysis. The trading system is only traded on the EUR/USD. It consists of two EAs that work simultaneously, one to buy and the other to sell. Also, depending on the balance, the two EAs must run at the same time on several EUR/USD charts with different timeframes. The EA opens a lot of trades in a day, both longs and shorts (hedging is used). The entries and exits are based on a mixture of moving averages, oscillators, and price swings.
No, all trading decisions are done by the EA. The only action that is sometimes needed is to pause and re-start the EA. This usually only occurs with high impact events like Non-Farm Payroll (NFP) or FOMC. We will intervene on when and if to pause and re-start the EA.
The best results we managed to make were 23% gain per month. But this was with the highest risk settings. With lower risk settings, the lowest gain was +5% per month on average. Usually, the EA aims for results between 5% and 15% per month.
No, nothing. No actions are needed with Day Trading EA PAMM.
Day Trading EA is specifically designed to trade EUR/USD only.