PARAMOUR CONSTANTINE EA is a piece of software that has been designed to help YOU make better and more profitable trades in the forex market.
For those of you who are not familiar with forex trading, it is the process of buying and selling currencies in order to make a profit. This may sound simple, but it is actually a highly complex and nuanced process that requires a great deal of knowledge, experience, and skill.
This is where the PARAMOUR CONSTANTINE EA comes in. This powerful tool has been designed to take the guesswork out of forex trading and to help traders make better decisions based on data, trends, and patterns in the market.
PARAMOUR CONSTANTINE EA is an automated trading system that uses algorithms and mathematical models to analyze market data and make trades on behalf of the trader. This means that traders no longer have to spend hours poring over charts, analyzing data, and making decisions based on their own intuition. Instead, they can let the PARAMOUR CONSTANTINE EA do the heavy lifting for them, freeing up their time to focus on other aspects of their trading strategy.
PARAMOUR CONSTANTINE EA is a forex trading robot developed by PARAMOUR FOREX TRADER professional experts. It is compatible with the popular MT4 trading platform and has an extensive range of features and benefits that may appeal to traders.
The robot uses historical market data and real-time market information to make trading decisions, and it is designed to be able to adapt to changing market conditions. By using automation, the robot can analyze the market much faster than a human trader, which can help traders take advantage of trading opportunities more quickly.
PARAMOUR CONSTANTINE EA is a MetaTrader 4 EA scalping type that can perform forex trading transactions automatically for 24 hours x 5 days with no additional handling by the trader. It can determine the achievement of the targets of the desired profit. Can determine the distance in each Step OP Can adjust Slippage Can determine the amount of initial Lot and the next Lot step OP Have Auto Lots Multiplier Features It can choose the desired trading time automatically. Can be used in 4 or 5 digits brokers Small capital, Recommendation $50 in Cent Account.
PARAMOUR CONSTANTINE EA is a very short scalper EA that analyzes the market by using some of the most powerful indicators, it uses the main trend to enter the market. The EA uses the H4 timeframe to identify trends and uses a short timeframe to enter the market. It is a scalper with a very short take and a stop.
PARAMOUR CONSTANTINE EA is created based on the most complex scalping strategy. Price activity and other complex manual strategy is implemented to this forex robot. You see, this trading robot takes small profits from each trade and usually takes little frequent trades. This forex robot automatically analyzes the market and defines the potential entry and exit of the specific pair.
To trade on bad news, the PARAMOUR CONSTANTINE EA uses fundamental analysis to identify companies or assets that are likely to be impacted by negative news or events. This could include companies that are experiencing financial difficulties, regulatory changes that may negatively impact an industry, or geopolitical events that could impact the economy.
Once a potential target asset has been identified, the CONSTANTINE EA can take a position on that asset in the hopes of profiting from a price decline. CONSTANTINE EA does it by selling short, purchasing put options, or using other derivative products.
Overbought and Oversold Strategies
Trading in overbought and oversold conditions is one strategy used by the PARAMOUR CONSTANTINE EA. The basic idea behind this strategy is to identify when an asset’s price has moved too far in one direction and is likely to reverse.
Overbought and oversold conditions are typically identified using technical indicators in the PARAMOUR CONSTANTINE EA. These indicators measure an asset’s momentum and can help traders identify when an asset is overbought or oversold.
In general, when an asset is overbought, it means that its price has increased too much and too quickly, and a reversal may be imminent. Conversely, when an asset is oversold, it means that its price has decreased too much and too quickly, and a reversal may also be imminent.
To trade in overbought and oversold conditions, the PARAMOUR CONSTANTINE EA typically use a strategy known as mean reversion. This strategy involves taking a position in the opposite direction of the current trend in the hope that the asset’s price will revert back to its mean or average price.
Reversal Trading Strategy
Reversal trading is the other strategy used by the PARAMOUR CONSTANTINE EA. As the name suggests, it involves identifying a reversal in the price trend of an asset and then taking a position in the opposite direction of the current trend.
The basic idea behind reversal trading in the PARAMOUR CONSTANTINE EA is that when an asset’s price trend is about to reverse, there is an opportunity to make a profit by taking a position in the opposite direction of the trend. PARAMOUR CONSTANTINE EA can do it by analyzing technical indicators such as its professional trend lines, moving averages, and oscillators, as well as fundamental factors such as market news and economic data.
PARAMOUR CONSTANTINE EA has two main types of reversal trading strategies: trend reversal and swing reversal. Trend reversal trading involves identifying a change in the long-term trend of an asset, while swing reversal trading involves identifying a change in the short-term trend of an asset.
Scalping is a trading style that specializes in profiting off of small price changes and making a fast profit off reselling. In day trading, scalping is a term for a strategy to prioritize making high volumes off small profits.
Scalping requires a trader to have a strict exit strategy because one large loss could eliminate the many small gains the trader worked to obtain. Thus, having the right tools—such as a live feed, a direct-access broker, and the stamina to place many trades—is required for this strategy to be successful.
Scalping → Small Quick Profits
Having the right tools—such as a live feed, a direct-access broker, and the stamina to place many trades—is required for this strategy to be successful.
A successful stock scalper will have a much higher ratio of winning trades versus losing ones, while keeping profits roughly equal or slightly bigger than losses.
A pure scalper will make a number of trades each day—perhaps in the hundreds.
Scalping is based on an assumption that most stocks will complete the first stage of a movement. But where it goes from there is uncertain. After that initial stage, some stocks cease to advance, while others continue advancing.
A discounter intends to take as many small profits as possible. This is the opposite of the “let your profits run” mindset, which attempts to optimize positive trading results by increasing the size of winning trades. This strategy achieves results by increasing the number of winners and sacrificing the size of the wins.
It’s not uncommon for a trader with a longer time frame to achieve positive results by winning only half, or even less, of their trades–it’s just that the wins are much bigger than the losses. A successful stock scalper, however, will have a much higher ratio of winning trades versus losing ones, while keeping profits roughly equal or slightly bigger than losses.
When scalpers trade, they want to profit off the changes in a security’s bid-ask spread. That’s the difference between the price a broker will buy a security from a scalper (the bid price) and the price the broker will sell it (the ask price) to the scalper. So, the scalper is looking for a narrower spread.
But in normal circumstances, trading is fairly consistent and can allow for steady profits. That’s because the spread between the bid and the ask are also steady (supply and demand for securities is balanced).
How PARAMOUR CONSTANTINE EA Works
The main premises of scalping are:
- Lessened exposure limits risk: A brief exposure to the market diminishes the probability of running into an adverse event.
- Smaller moves are easier to obtain: A bigger imbalance of supply and demand is needed to warrant bigger price changes. For example, it is easier for a stock to make a $0.01 move than it is to make a $1 move.
- Smaller moves are more frequent than larger ones: Even during relatively quiet markets, there are many small movements a scalper can exploit.
A pure scalper will make a number of trades each day—perhaps in the hundreds. A scalper will mostly utilize tick, or one-minute charts, since the time frame is small, and they need to see the setups as they take shape as close to real-time as possible. Supporting systems such as Direct Access Trading (DAT) and Level 2 quotations are essential for this type of trading. Automatic, instant execution of orders is crucial to a scalper, so a direct-access broker is the preferred method.
PARAMOUR CONSTANTINE EA is only compatible with the mt4 platform. You have to download mt4 from your broker to this forex robot. You can use any forex pairs and any timeframes to use this forex robot. This forex robot does not take trades in every few minutes. It takes less trade compared to other forex robots but effective trade so that the accuracy is surprisingly very nice.
There is no restriction to use any forex broker. Just make sure you select a broker that is regulated and low spread.
This forex robot usually gives good profits when the volatility of the market is good. We all know that experts always suggest avoiding sideways markets. But you need to manually manage this if you want to get maximum results from this forex robot.
The profitability of this forex robot is also cool. You can increase your forex account by 20%-30% each month. Please test this forex robot to your practice account first. You might get astonished that this forex robot can even outsmart the market about the buy and sell entry from the market.
- Money Management – Adjusts lot sizes based on account balance automatically, even as it grows.
- News Filter – Avoid any and all high impact news events by ‘xx’ number of minutes. Highly configurable you can either turn it off or avoid news for as many minutes/hours before/after as you want.
- PROFIT RATIO – One of the core take profit methods of PARAMOUR CONSTANTINE EA. This doesn’t require a physical pip based TP on each trade, instead it follows all trades from each pair in a “basket”, and when one basket reaches a pre-defined percentage, it will trigger this PROFIT RATIO to start, locking in half the profit, and it will begin trailing it up with the potential of making a lot more than you would imagine, while maintaining the safeguard of never losing once the TP is locked in. This is a very powerful feature that some customers will buy just to manually trade and have this feature alone control their take profits.
Pros of PARAMOUR CONSTANTINE EA by SCALPING STRATEGY
- Can be very profitable if executed precisely and with a strict exit strategy
- Many opportunities to leverage small changes in the price of a stock
- Do not have to follow fundamentals
- Very little market risk involved
- Non-directional strategy: can be used if the market is going up or down
- Can easily be automated within the trading system that is being used
- It can determine the achievement of the targets of the desired profit.
- Can determine the distance in each Step OP
- Can adjust Slippage
- Can determine the amount of initial Lot and the next Lot step OP
- Have Auto Lots Multiplier Features
- It can choose the desired trading time automatically.
- Can be used in 4 or 5 digits brokers
- Small capital, Recommendation $50 in Cent Account
- News Filter – To enable News Stop Trading (does not work in tester!).
- News Source – Select news source for download news data.
- Current Currencies to display the news – if True, the EA only filters the current chart symbol.
- Select Currency to display the news – if Current Currencies = false.
- LowNews, MidleNews, HighNews – Filter news importance level.
- ShowNewsLine – Show news time on chart.
- Minimum account balance of $100.
- Work best on Work Best on Major Currency pairs and XAUUSD (Work on any pair)
- Use low spread Pairs for Good Profit.
- Work best on H1 & H4 TimeFrames, but it can work on any TimeFrame
- To reach stable results, PARAMOUR CONSTANTINE EA should work on VPS without any interruption with Very low latency (Requires latency 5 – 15ms).
- Low Spread account is also Highly Recommended .
- Please test in a demo account first for at least a week. Also, Make yourself familiar and understand how the Forex Scalping Robot works, then only use it in a real account.
- News Filter doesn’t work on backtesting. This will cause backtesting results to be inaccurate because News Filter will help EA remove bad trades to limit Drawdown.
- It’s susceptible to slippage, spread, and slow execution.
The Expert Advisor uses tick data. Please backtest EURUSD H4 in “every tick” mode and play to find the best parameters.
PARAMOUR CONSTANTINE EA is developed for H1 & H4 charts, but it can be optimized for any currency pair or timeframe. Try the demo now!