ProFx 7 - New Functions and Features
Posted: Wed Jul 01, 2020 12:59 pm
New day trading logic and day trading templates
We worked long hours to develop a new logic for short term trades and it turned out very well. During forward testing it took us only two weeks of “by the book” trading to double the day trading account. Draw down never reached 20%. If you would like to know how much potential the system has and what it can do for you, take a look to the Forex Factory verified stats. I am sure you will be impressed.
Here is the link:
https://www.forexfactory.com/a.*collins ... tab.report
New Level Alerts
With ProFx 7 you can set price alerts directly from the trading panel. The alerts ensure that you don’t miss any trading opportunities when the price breaks out of predefined price ranges. As you don’t have to monitor the charts for level breaks, the new function helps to decrease screen time and will make your trading more time efficient.
Scaling in and out of Positions like prop Traders
ProFx 7 allows you to scale in and out of trades the same way professional prop traders in London and New York do it. You can now add size to winning trades and remove size from trades what do not develop as planned with just one click. If you trade around a core with multiple positions, ProFx will display your average entry price directly on the chart.
Advanced Position Management
The new trade stats section displays detailed about all ProFx 7 trades and allows you to modify one, several or all trades with just one click. You can move stops to breakeven, close positions partially of completely directly from the trading panel.
New and more flexible Trading Panel
The new designed ProFx 7 panel comes with more options and you can select directly on your chart which sections should be displayed. One-click buttons can be now disabled (with just one click) to make sure no trades will be placed based on some key stroke errors.
Improved Algorithm and Volatility Ratios
The improved algorithm adapts to volatility changes quicker and the new added volatility ratios provide you with statistical valid information how much the price moved today in comparison to its average daily figure. It is one of many details what will help you to make better and more informed trading decisions.
Everything is customizable
While we believe that the regular and newly added day trading settings do not require any changes, we do not want to limit you in any way. That’s why all parameters, including the ones that control the very core of the system are now fully adjustable and you can change them according to your personal preferences.
Other than that
The logic to automatically calculated optimal SL values has been further improved. The one click functions to execute and modify trades has been optimized. The license module is now more flexible and the whole system uses less computer resources.
More information about ProFx 7 including live trading stats from our 50K trade suggestions account can be found on the product description page.
https://forex21.com/forex-crypto-tradin ... egy-profx/
PS: We do have a special upgrade offer for all existing ProFx clients. Please check your e-mail inbox for more information.