Home Forex Service Review Wizard Pro Multi-Pair Hedge EA Review

Wizard Pro Multi-Pair Hedge EA Review

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Wizard Pro is located on the MQL5 marketplace under the Expert heading. It was uploaded by Uladzislau Murauyou and was first uploaded to the marketplace on the 1st of April 2020, it was uploaded as version 18.0 and has not received any updates.

Overview

Wizard Pro is an expert advisor that was designed and created for the MetaTrader 4 trading platform, its main purpose is to act as a multipair hedge EA which also uses averaging. It will use three cycles to catch trends and will then secure funds by using non-correlated pairs.

The following information was provided by the developer:

Backtests results of any trading system do not necessarily guarantee a similar result in the future.

Wizard Pro EA requires a minimum of $2500 on your trading account. If you have less than the recommended amount, please use a cent account.

EA requires constantly working 24/5 trading platform. It means that you should use it on a dedicated server.

EA requires constant and fast internet connection. It means that your dedicated server must be connected to the fast internet provider and should be located closer to your broker’s datacenter.

The EA is best used with the AUDUAD, EURGBP, NZDCAD, and USDJPY currency pairs, it should also be used on the H1 timeframe.

Service Cost

The expert advisor can be purchased with a one-time payment of $600, this will give you up to 5 activations of the EA with no other limitations. It can also be rented, this can be done on a monthly period dor $250 per month or over a three-month period which will cost $350 for the three months.

A free demo version is available to sue, but this is limited to being used with the strategy tester within MT4 rather than on a live account.

Conclusion

As the EA was only recently uploaded to the marketplace, there are currently no reviews or ratings about the EA, this makes it hard for us to know whether people are finding it profitable and whether it does what it is intended to do. There are also no comments so we would suggest contacting the developer with any questions that you may have, this way you can be sure that the EA will function how you need it to and that the developer will be around to offer support should you need it.

This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/47898

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