AlnoTrade Review: Alno trade is a software provider. EAs are created to assist and guide traders navigate the perilous journey of trading. Join in this review as we answer questions such as Is Alno Trade Legit? Is Alno Trade good? Basically we aim to check if buying from this EA provider is worth it? Read through our review to see what experts have to say about the alnotrade Ea.
Table of Contents
What Are Forex EAs, Signals or Indicators?
An expert advisor (EA) is software that directs and guide you on what trades to make or pass on. It even automatically starts and carries out trades according to a set of already programmed instructions. Expert advisors are most often deployed on the MT4 or MT5 forex trading platforms.
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We cannot overstate the advantages and usefulness of Expert advisor. Among the many advantages is the slight learning curve involved in using the Expert Advisor. That is to say, you need little learning to use an EA as the trades are being carried out by a set of instructions already made by an expert. Another advantage is that it can consider a lot of variables that humans may not have the time or potential to handle.
It is normal and not out of character for a Forex EA vendor or signal providers to lay claims to their product being a sure-fire way for you to get richer (it’s mostly just marketing.). This is because anyone who is looking for a signal provider is searching for a hassle-free way to make some profit.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
Alno Trade EA Review
AlnoTrade is an EA developer who claim to develop “world leading expert advisor trading systems and signals developed for the metatrader 4 platform”
How AlnoTrade EA Works
In this section, we cover the strategy of the EA. We also looked at the trade result if they provide any. For the trade results we hold results that are posted on myfxbook to be standard but we also consider fxblue and other alternatives.
AlnoTrade offers different robots like
- DaxBotV2
- SterlingXP
- Dragon Scalper
- EscalpX50
Looking at them, we were pleased with the amount of information given on them. What we discovered after going through all of them is that most of the robots uses some forms of scalping or the other as a working methodology.
The dragon expert advisor uses support and resistance levels during a 9 hour trading window to place orders. What this simply means is that it will use a time-restricted scalping approach that opens up positions between 8am and 5pm UK time. These opened positions mostly carries over into the US session, but they will not hold into the Asian session.
AlnoTrade EA Price
€199 – €299 / year
Client Feedback
Customer feedback is a vital instrument for us to offer up a quantitative review and analysis of an EA. We mostly consider feedback a third-party site as we have found that reviews on the official page might be manipulated, concocted or paid for.
We could not find many reviews by customers who had used this EA before, at least not enough to form a conclusive decision.
Read our latest review on FxProfitSignals
Conclusion
Because of lack of feedback, we couldn’t gauge the satisfaction of the customers. Although we won’t recommend this EA provider, they priced their EAs reasonably and hence, consumers probably would not be taking much of an initial risk even if the EA cannot deliver the promised profitability.
EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below
Accounts
Free Trial
Projects
SSL
2
Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
1
Strategy: Stop and Reverse
Time Frame: All time frames
Currency Pairs: EUR/USD, EUR/GBP and USD/CHF
License fee: $149
60 Day Money-back Guarantee
3
Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
They have good ea these guys.
I use 2 of them
Very good dragon.
i found their systems really good. And support helpful
Its good systems. Worth a look.