Tiger X Pro EA + Settings + Update
Discover how Tiger X Pro EA boosts Forex trading profits effortlessly, enhancing your daily trading experience.
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Tiger X Pro EA
Number One Robot for Forex Trading.
Based on Price Action and Trend Analysis with Artificial Intelligence.
Works Best with EURUSD.
You can use this EA on Multiple Accounts with Life Time Premium Support.
MyFXbook, FxBlue & Live Trading Verified.
Monthly Expected Profit is 15% to 100% with very Less Drawdown.
real account backtest report
TRADING SYSTEM OVERVIEW
Grid trading has become very popular amongst traders because it does not use stops, is highly mechanical, has no reliance on direction, uses the intrinsic wavy nature of the market, does not require indicators or charts to trade and can be easily automated. Grid trading refers to the trading approach which uses fixed price levels to enter and exit trades.
On the bright side, a grid trading strategy can profit from the same absolute market movement several times and can even make money if the market is moving against your grid. On the downside it can appear complex and illogical initially, it can incur large drawdowns if poorly managed, requires more patience than normal and may require forex traders to make a huge paradigm shift it their thinking.
Once a grid has been allocated, the system will cash-in profits every time the market moves the desired spacing and replace the trade as soon as possible to repeat the process. Hence, the expert advisor can cash-in the same price movement several times, capturing up to four or five times more profits than a single trade with the same exposure.
Grid trading is a highly profitable and mechanical trading strategy which has no reliance on direction, profits from volatility and uses the intrinsic wavy nature of the market. It requires no market timing or complicated analysis, but rather, the ability to forecast where the market won’t go in the long term and a good understanding of equity, exposure and leverage.
Tiger X Pro EA: A Veteran Trader’s Honest Review
Introduction
In the realm of automated forex trading, Expert Advisors (EAs) promise hands-off profits. The Tiger X Pro EA, generating buzz, claims to deliver just that. But with countless EAs out there, does Tiger X Pro live up to its hype? As a seasoned forex trader with 15 years under my belt, I’ve put the Tiger X Pro EA to the test. In this comprehensive review, I’ll share my insights and help you decide if it’s the right tool for your trading arsenal.
What is the Tiger X Pro EA?
The Tiger X Pro EA is a forex robot designed for the MetaTrader 4 (MT4) platform. It employs a scalping strategy, aiming to capitalize on small, frequent price fluctuations in major currency pairs. The developers of Tiger X Pro emphasize its adaptability to changing market conditions; however, like any automated trading system, it carries inherent risks.
How Does the Tiger X Pro EA Work?
While the specific technical indicators and algorithms used by the Tiger X Pro EA aren’t fully disclosed, we can glean some insights from its scalping approach:
- Short-Term Focus: Scalping strategies hinge on identifying and exploiting minor price movements within short timeframes, often ranging from minutes to a few hours.
- High-Frequency Trading: The Tiger X Pro EA likely executes a large volume of trades throughout the day, seeking to accumulate small profits.
- Technical Indicators: Scalping EAs typically rely on technical indicators like moving averages, Bollinger Bands, or oscillators to identify potential entry and exit points.
Setting Up the Tiger X Pro EA
Setting up the Tiger X Pro EA on your MT4 platform is relatively straightforward:
- Purchase or Download: You can acquire the Tiger X Pro EA from various online marketplaces such as the MQL5 Market or third-party websites.
- Installation: Follow the vendor’s instructions to install the EA files into your MT4 platform’s “Experts” directory.
- Attach to Chart: Open a chart for your desired currency pair and attach the Tiger X Pro EA from the “Navigator” window.
- Configuration: Adjust the EA’s settings, including risk management parameters, lot sizes, and any specific trading preferences.
Key Features of Tiger X Pro EA
- Scalping Strategy: Tailored for short-term, high-frequency trading.
- Multiple Currency Pairs: Designed to trade various major currency pairs.
- Customizable Settings: Offers flexibility in adjusting risk parameters and trading preferences.
- News Filter (Some Versions): Some versions of the Tiger X Pro EA may include a news filter to avoid trading during high-impact economic events.
My Experience Using the Tiger X Pro EA
I tested the Tiger X Pro EA over several months on various currency pairs under different market conditions. Here’s a breakdown of my observations:
Pros
- Potential for Short-Term Profits: In favorable market conditions, the EA can generate a series of small, profitable trades.
- Hands-Off Trading: The Tiger X Pro EA automates your trading process, potentially saving you time.
- Customizability: The flexibility to adjust settings allows you to tailor the EA to your risk tolerance.
Cons
- Market Dependence: The EA’s performance can be heavily influenced by market volatility and trends.
- Risk of Drawdowns: Scalping strategies can be prone to periods of consecutive losses.
- Requires Optimization: Finding the ideal settings for the Tiger X Pro EA demands testing and fine-tuning.
FAQs
Q: Is the Tiger X Pro EA profitable?
A: Profitability is never guaranteed. The EA’s performance depends on market conditions, your settings, and your risk management approach.
Q: Do I need any trading experience to use the Tiger X Pro EA?
A: While not mandatory, a basic understanding of forex trading concepts and risk management is crucial.
Q: Can I run the Tiger X Pro EA on a demo account?
A: Yes, and it’s highly recommended. Demo trading allows you to test the EA and optimize settings without risking real money.
Q: What is the recommended timeframe for using the Tiger X Pro EA?
A: The EA is designed for short-term timeframes, typically ranging from M1 (1-minute) to H1 (1-hour) charts.
Q: Does the Tiger X Pro EA come with support?
A: Support availability varies depending on where you purchase the EA. Some vendors offer support, while others may not.
Q: What are the risks of using the Tiger X Pro EA?
A: As with any EA, there are risks:
- Market conditions can change, rendering the EA’s strategy ineffective.
- Technical glitches or software errors might occur.
- Over-optimization can lead to excellent backtest results but poor live trading performance.
Should You Use the Tiger X Pro EA?
The decision to use the Tiger X Pro EA depends on several factors:
- Risk Tolerance: Scalping carries inherent risks. Are you comfortable with the possibility of rapid drawdowns?
- Trading Style: Does a short-term, automated approach align with your trading preferences?
- Technical Expertise: Are you proficient in optimizing EA settings and monitoring performance?
Important Considerations:
- Realistic Expectations: Don’t expect the Tiger X Pro EA to be a get-rich-quick scheme. Consistent profitability in forex trading takes time and effort.
- Backtesting Limitations: Past performance doesn’t guarantee future results. Backtests can be misleading.
- Constant monitoring: EAs require supervision. Market conditions change, and settings might need adjustment.
Conclusion
The Tiger X Pro EA may be a tool worth considering for traders who understand the risks of scalping and are comfortable with automated trading. Here’s my parting advice:
- Start with a Demo Account: Thoroughly test the EA in a risk-free environment.
- Use Sensible Risk Management: Set appropriate stop-losses and avoid overleveraging your account.
- Don’t Set and Forget: Monitor the EA’s performance and adjust settings as needed.
The Tiger X Pro EA isn’t a magic solution for forex success. Success in forex trading requires a combination of sound strategies, risk management, and a continuous learning mindset.
License |
Personal Lifetime ,Personal 12 Months ,Trial 30 days Demo ,Source Code |
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Onetime Payment
Pay once, use forever. No need for monthly subscription.
Lifetime Access
You will get lifetime access to download from the dashboard.
Multiple Accounts
You will get unlimited version to use on multiple accounts.
FEATURES
Automated System
Opens, manages, and closes the best trades for you. No need to lift a finger.
Great Trading Strategy
Plots chart price in real time to find the best entry and exit points with no lag.
Fully Optimized Settings
Comes loaded with optimized settings for all common forex pairs.
Real Time Broker Shieldâ„¢
Keeps shady brokers from trading against you by guarding your trade information.
Most Popular Forex Robot
The #1 choice of professional forex traders using expert advisors.
Simple To Setup And Use
Designed for any skill level. Get up and running in less than 5 minutes.
90 Days Money Back Guarantee
Offer will End & Price will go up very soon. If you want consistent profit, do not think, Just click the Buy Now button.
Best Forex Brokers
Based on regulation, award recognition, mainstream credibility, and overwhelmingly positive client feedback, these six brokers stand out for their sterling reputations:
No | Broker | Min. Deposit | Platforms | Account Types | Get Offer |
1. | RoboForex | $10 | MT4, MT5, RTrader | Standard, Cent, Zero Spread | Welcome Bonus $30 |
2. | ICMarkets | $200 | MT4, MT5, CTrader | Standard, Zero Spread | Best Paypal Broker |
3. | Exness | $1 | MT4, MT5 | Standard, Cent, Zero Spread | Free VPS |
4. | XM | $5 | MT4, MT5 | Standard, Micro, Zero Spread | 20% Deposit Bonus |
5. | AvaTrade | $100 | MT4, MT5 | Standard, Cent, Zero Spread | Top Forex Broker |
6. | XBTFX | $10 | MT4, MT5 | Standard, Zero Spread | Best USA Broker |
7. | FXTM | $10 | MT4, MT5 | Standard, Micro, Zero Spread | Welcome Bonus $50 |
8. | FBS | $5 | MT4, MT5 | Standard, Cent, Zero Spread | 100% Deposit Bonus |
9. | Binance | $10 | Binance Platforms | N/A | Best Crypto Broker |
10. | TradingView | Free | TradingView | N/A | Best Trading Platform |
Make Smarter Investments with Expert Guidance
Tired of managing your investments alone? At Finance Brains, we do the heavy lifting – so you can focus on what matters. Our expert advisors and AI-powered technology work together to create a custom portfolio tailored to your unique goals and risk tolerance.
FREQUENTLY ASKED QUESTIONS
The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies. The foreign exchange market is the largest and most liquid financial market in the world. Traders include large banks, central banks, currency speculators, corporations, governments, and other financial institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Daily turnover was reported to be over US $3.98 trillion in April 2010 by the Bank for International Settlements.
Expert Advisors (EA) / Forex Robot are used to render the trading process automatic allowing to exempt the trader from continuous watching the market. Many professional traders have a big amount of trading systems allowing them to work in different markets and under different conditions. EA is robotic script written in MQ4 language. It can work in the Metatrader 4 trading platform.
Yes it is easy to use. Forex Robot is based on a new generation technology that allows you with a few clicks to install, run and start earning money. No need to be professional. Everyone can do it. It is completely hands free and the whole process is 100% automated.
Yes it is too easy. Just a few steps and you will be ready to use Forex Robot. You will also get a guide when you purchase any Forex Robot, it will help you to install EA. If you still need any help please contact with us.
Yes Forex Robot can work 24 hours per day from the market opening on Monday to the market closing on Friday. You don’t need to monitor you trades. Our Forex Robot will do it for you. It will monitor the trades, open and close positions automatically.
MT4 is a free trading platform. You can download it from the official web sites of your broker. Here is the list of most popular brokers.
First you need a computer with a minimal hardware configuration and a stable internet connection. Second you need to install Metatrader 4 trading platform. You don’t need to have any additional Forex knowledge.
You can use any broker that offers the Metatrader 4 trading platform. But for Best Result we suggest you to trade with most popular brokers.
You can use Forex Robot with Multiple Accounts. There is no restrictions.
You don’t need to trade yourself. Just turn on Forex Robot and let it trade using your account to bring some profit for you. Of course you can trade manually too. But we recommend that you use only Forex Robot to avoid any loss.
Yes we offer free updates of our robot. Our development team will not stop improving of the Forex Robot and make it competitive on the market under actual market conditions.
We know that the money is the main question. We know well that many people don’t have much money to get started. Our robot is made to be able to trade with a minimum amount of money. The minimum amount depends to your brokerage company too. You can start trading with a small amount as $50.
Every Forex Robot is unique. Please check the guide before trading. If you don’t understand which one is suitable please contact us.
Yes we provide customer support. Our support team is working 24/7 for you. If you have any questions about our robot don’t hesitate to contact us.
Yes you can use. Please Backtest before using it in a real trading. Or use Demo Trade for at least one month with your broker spread and proper balance. Never use in live trading with any pair without demo testing. It is always better to invest time before losing any money.
We recommend to have a stable internet connection and computer hardware, working without interruptions 24 hours a day from the Forex market opening on Monday to the market closing on Friday. Crypto market is open everyday 24×7.
If you can’t keep your PC / Laptop on 24 hours a day so better choice is to get a vps service.
Robot will stop working. You must have to start the robot as soon as possible. Otherwise your running trades will not be closed and it may occur big draw down.
We accept payments by Neteller, Skrill, Bitcoin, Perfect Money, Paypal, MasterCard & Visa. If you don’t have any Paypal you can select custom method during checkout & pay manually.
You have to fulfill only three easy steps to get special discount. Please check the details here.
After completing the successful payment, you will get instant download option from the Dashboard. Please click here to get your download link.
How to Place Order
In order to do download any of our premium trading tools,
Proceed to the Product page;
Scroll down to see the ADD TO CART button, click on it and proceed to the checkout page.
In checkout page;
First apply your discount code if you have any; then fill out the form.
Then select your payment method.
We are now accepting PayPal, Visa, Master Card, Bitcoin, Neteller, Skrill, Perfect Money, Google Pay & Bank Transfer.
Tick Terms & Conditions Box & Click Place Order.
Complete the payment.
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How To Download
How To Install EA
After completing the download in your computer or laptop you have to extract the file using WinZip software. Please check How do I Install an Expert Advisor on MT4 article or check the following video.
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