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DevAlgo – Frequently Asked Questions (FAQ)

1. What is an EA (Expert Advisor)?

An EA, or Expert Advisor, is an automated trading robot designed to execute trades on the MetaTrader platform based on predefined strategies—no manual intervention required.

2. Which platform does DevAlgo work on?

DevAlgo is designed for MetaTrader 5 (MT5) and works only on brokers that support the MT5 platform.

3. Do I need trading experience to use DevAlgo?

No experience needed. DevAlgo is beginner-friendly. Just follow the installation guide, and the robot will operate automatically.

4. What is the recommended minimum capital?

We recommend starting with $1,000–$2,000 for optimal performance and consistency.

5. What type of account is recommended?

Use a trading account with low spreads for the best results.

6. Can I monitor my trading results?

Absolutely. All trading activity is visible in your MetaTrader account in real-time. Everything is 100% transparent.

7. What strategy does DevAlgo use?

DevAlgo uses a mix of technical strategies like trend-following and breakout, combined with automatic risk management. It does not use martingale or extreme scalping (depending on the EA version).

8. Does DevAlgo guarantee profit?

No EA can guarantee profits. However, DevAlgo is designed to deliver long-term consistent results using tested and market-adaptive strategies.

9. Can I use DevAlgo on any broker?

Yes, as long as the broker supports MetaTrader 5. For best results, use a low-spread account.

10. Can I customize EA settings?

Some settings can be adjusted, but most are locked to ensure stable performance and prevent user misconfiguration.

11. Do I need a VPS to run DevAlgo?

It’s highly recommended. Since DevAlgo runs 24/7, a VPS ensures it stays active even when your computer is off.

12. Is DevAlgo safe to use?

We understand the skepticism around trading robots. But rest assured, DevAlgo isn’t a get-rich-quick scheme or money game. All trades happen in your own account, and you retain full control at all times.

Still have unanswered questions or need more detailed information? Don’t hesitate to contact us — our team is here to help you.