ProHT Trend EA comes under the supervision of Holland Trader, a company with six more EAs available on its website. The developer claims that their algorithm can achieve 1%-70% profit every day. Read our full review to know if this robot is a good investment.
How ProHT TREND EA works
The developer states that every pair must have a different MAGIC NUMBER. The traders can choose any leverage between 1:300 to 1:2000.
Follow the following steps to go ahead with the program:
- Purchase the robot from the website
- Download the robot files on your computer
- Start your MT4 on your PC and log into your account
- Drag the downloaded robot files into the charts section
- Enable auto-trading
Features
The EA comes with the following characteristics:
- Compatible with all account types
- It works on Metatrader 4 platform
- Free updates and upgrades
- Trades on multiple currency pairs
- Easy setup and installation
- Uses no grid, hedge, and martingale
- Full auto trading 24/5
Vendors transparency
The developer of Holland Trader (FXHT) does not disclose any individual or corporate details to their customers. There are no certificates, experience, the story of their journey, important information, and contact information. There is merely a website available in the name of customer support and an email. This behavior is considered risky as the traders invest their money by trusting a third party. They have a right to know these individuals’ identities and basic information.
Applied strategies
ProHT TREND EA trades on multiple currency pairs such as EURUSD, AUDUSD, CADCHF, EURCAD, GBPUSD, USDCAD, and USDCHF. It trades on H1 and H4 timeframes and is compatible with the Metatrader 4 platform. The algorithm does not use grid, martingale, and hedging. The expert advisor supports all the account types, for example, Standard, Cent, ECN, etc.
There are no live records that we could use to analyze its strategy for ourselves.
ProHT TREND EA has backtesting records present on Myfxbook where the robot shows a monthly gain of 82.3% with a drawdown of 11.92%. The testing was done on a 1-minute chart with modelling on every tick from March 01 2021 till March 17, 2022. From an initial deposit of $10000, the final balance was $20504458.64.
ProHT TREND EA trading results
No live results are available on any third-party website like Myfxbook, Fxblue, etc. The developer only offers a YouTube channel link in the name of live trading results.
There are 948 subscribers on his channel, and they joined the website on 21 May 2020. Even in some videos, the currency pair and essential data are hidden. Shady stats and lack of information like live testing, etc., raise even more questions on the credibility of the algorithm.
Pricing and refund
The EA is on sale and comes for an asking price of $200. The package includes lifelong free updates and a lifetime license. The developer claims that the support answers within 24 hours if contacted by email or the website.
The vendor offers no money-back guarantee if customer satisfaction is not fulfilled. The price is now decreased to $70, which is a limited-time offer on ProHT TRADER EA.
Other notes
There is no customer review available on the platforms such as Trustpilot, Forexpeacearmy, etc. Without any user feedback, we cannot have an idea of the general viewpoint of traders.
