CovertFX trades on breakouts, it loves news. CovertFx will only work on MetaTrader4 (MT4). CovertFX runs on 10 currency ten different currency pairs including Gold on M30 timeframe. The minimum recommended deposit is $100. The recommended leverage for trading with this EA is 50:1. When a strong movement comes it will capitalize on it. CovertFX works in all market conditions because it is able to profit even when the unexpected happens. For $347 you can get instant lifetime access to the CovertFX software. The advisor's average annual profitability is 42%.
That includes everything you need to get started such as detailed manual, software, recommendations, customer support, and updates. You have 60 days, that's 2 months, to decide whether CovertFX is for you.
CovertFx does not require the use of a VPS, although it is recommended. CovertFx is a fully automated Forex Robot. It's easy to install and once setup you don't need to do anything. The Stop Loss and Take profit are dynamic. This means they vary from one trade to the next.
| CovertFX EA Rating | 7.93 |
| Yield per annum | 42.1% |
| Max drawdown per annum | 35.4% |
| Developer | CovertFX |
| Created, year | 2017 |
| Free | |
| Price | $347 |
| Class | middle term |
| Type | breakout |
| Lot size | not less than 1000 units per 0.1 of a standard lot |
| Deposit | $100 |
| Leverage | 50 |
| Timeframes | M30 |
| Strategies | breakout strategy |
| Indicators | own indicators |
| Recommended brokers | FxRevenues, Buxberg, Finaguide |
| Trading tool/currency pairs | Runs On 10 Currency Pairs including Gold |
| Automatic account type | |
| Indicating | |
| Multiple usage | |
| Mini deposits | |
| Max risk limitation | |
| ECN | |
| NDD | |
| Several one-way series | |
| Auto start lot | |
| Fixed stop loss | |
| Fixed takeprofit | |
| Automatic lapse expansions |
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| 10 |  |
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| 12 |  |
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| 15 |  |
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