Gegatrade Pro EA is a Cost Averaging System with a Sophisticated Algorithm.
It is secured by a built-in “News WatchDog” system that suspends trading during news events.
Gegatrade Pro EA is based on the fact that most of the time the price usually moves between the upper and lower boundaries of the trading channel.
Basing on this fact, Gegatrade Pro places its first trade, assuming that the price is going to return to its average value and take the profit which is defined.
If the price leaves the trading channel and continues further in this direction, then Gegatrade Pro starts its “cost-averaging strategy” which will add new trades from the same direction based on its Mathematical Algorithm and increase the overall position.
When a pull-back of the price occurs, Gegatrade Pro closes the whole basket of orders.
It is advised to use Low spread ECN brokers with a starting balance of 3000.