Assessment of Prop GT Professional Advisor trades from June 24 to twenty-eight, 2024 – Statistics – 30 June 2024

Right now I’m presenting a evaluate of trades made by the Prop GT Professional Advisor on the EURUSD foreign money pair for the week from June 24 to twenty-eight, 2024.

This week the Professional Advisor opened 4 trades. Throughout this era, Prop GT confirmed glorious efficiency, well timed opening trades on the moments of potential market reversal and fixing the revenue. All 4 trades have been closed with revenue, which is a affirmation of the technique effectivity.

Fig. 1. EURUSD BUY 17.36, OpenPrice =1.07129, Revenue = +$173.

The primary commerce was made on June 24. The Prop GT Professional Advisor recognized the important thing degree at 1.07129 and opened a Purchase on this foundation. You may ask why the EA mounted the revenue comparatively early. Prop GT makes use of a trailing cease to accompany trades, which lets you take revenue on the first indicators of market reversal. Though on this commerce the trailing cease appeared to activate the place closing prematurely, expertise reveals that usually this method permits to keep away from potential losses in case of sudden market fluctuations. Within the following examples of trades you will note how trailing cease successfully works in follow, offering conservative however steady earnings.

Fig. 2. EURUSD SELL 23.91, OpenPrice =1.07141, Revenue = +$1362.

The following commerce was opened at 1.07141 degree, which Prop GT Professional Advisor recognized as a key resistance degree. On this commerce we will see how the trailing cease proved to be a useful instrument, permitting us to lock in revenue on the proper second. With out utilizing a trailing cease, the commerce might have introduced losses because of a sudden market reversal (you possibly can see an in depth evaluation of the commerce by following the hyperlink).

Fig. 3. EURUSD SELL 10.89, OpenPrice =1.06906, Revenue = +$533.

The third commerce of this week was additionally analyzed intimately within the final article. The chart reveals a big help degree for the EURUSD foreign money pair, which didn’t result in important development. When value reached the help degree at 1.06906, the Prop GT Professional Advisor reacted shortly by opening a commerce for promoting. After the preliminary downward motion, which confirmed the correctness of the entry determination, there have been alerts indicating a reducing likelihood of additional decline.

At this essential second, Prop GT Professional Advisor, guided by the technique of danger administration and revenue taking, promptly closed the place, fixing the revenue on the degree of $533 and avoiding attainable losses from the market reversal. Effectivity in making prompt choices is essential for rising earnings and lowering attainable losses, which Prop GT Professional Advisor managed completely this time once more.

Fig. 4. EURUSD SELL 21.15, OpenPrice =1.06802, Revenue = +$63.

The final commerce of this week reveals how the Prop GT Professional Advisor tailored to the downward development available in the market. The EA recognized a key help degree at 1.06802 and when the worth reached this degree, a promote commerce was initiated. Nevertheless, as you possibly can see on the chart, the market didn’t observe the anticipated route and the EA closed the place in a well timed method.

Though the revenue from this commerce was insignificant, this can be very essential to notice that the well timed closing of the commerce prevented potential losses. This underscores the strategic prudence of the Prop GT Professional Advisor in managing danger. Preserving capital and avoiding giant losses are key points of sustainable deposit development. It’s higher to steadily construct up your capital with minimal danger than to face giant losses because of unexpected market actions.

To summarize the outcomes of the week, Prop GT Professional Advisor made 4 trades, which introduced a revenue of $1913. The EA works on FTMO account, and this week the revenue amounted to 1.9%. As compared, final week the EA’s revenue reached 7.7%, which demonstrates its excessive efficiency: in virtually two weeks the EA has virtually accomplished the Prop Agency’s Problem, which is a wonderful outcome.

This confirms that the Prop GT Professional Advisor not solely efficiently adapts to adjustments available in the market, but in addition persistently generates steady earnings, whereas successfully managing dangers. This method permits merchants  not solely protect their capital on Prop Agency accounts, but in addition confidently construct it up, aiming for a profitable completion of the Problem.