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Overview
TradeGPT’s Unique Approach to Forex Trading
TradeGPT Forex is a trading software that stands out in the crowded field of automated trading. It employs artificial intelligence (AI) in Forex trading, making use of a four-stage trade management process: search, entry, control, and exit. In addition, it utilizes three stages of trade decision-making, incorporating the GPT system on 4 SMA and 12 patterns for buy and sell. The system also takes advantage of an adapted mathematical model of Fourier and Laplace transforms.
One unique feature of TradeGPT is that it does not require constant external monitoring or complicated setup. This streamlined trading approach makes it a user-friendly tool for traders of all levels, particularly those new to the currency market who may be overwhelmed by the complexities of Forex strategies.
How TradeGPT Works
TradeGPT’s approach to Forex trading is innovative. It uses ChatGPT to find the best market entry strategy, supplemented by a filter based on common technical analysis. While many trades in the Forex market are made by programs, there are also traders who prefer manual trading. To cater to this, TradeGPT incorporates improvements to AI based on human reasoning.
The software also applies a secret advanced mathematical model, which has been optimized through several stages, to control the market and set stop orders correctly, depending on impulses and market fluctuations. This approach allows the system to follow the trend when present and exit in a timely manner when the trend is likely to change. Such strategic planning allows the trader to maximize the profit factor on every trade.
TradeGPT’s Performance
TradeGPT’s developers aimed to make the algorithm as efficient as possible in terms of mathematical predictions and statistics. As a result, high results were achieved when testing on history with a quality of over 99%. In theoretical research and testing on historical data, the algorithm managed trades of more than $20 billion over a period of 7 years and 3 months. While future profitability can’t be guaranteed, these impressive results demonstrate the potential of TradeGPT.
Why TradeGPT Is Available to the Public
The creators of TradeGPT have the funds to develop the software, but lack sufficient investment in self-trading to ensure its safety. By selling the algorithm, they aim to raise more funds to test their hypothesis. However, they plan to stop selling once they reach their internal targets, making this a potentially limited opportunity for interested traders.
Getting Started with TradeGPT
TradeGPT is recommended for use on the EURUSD M1 (1-minute chart), supporting both hedging and netting. A starting investment of at least 300 USD is advised. The software offers a range of input parameters for customization, including options for dynamic or fixed lot money management, risk percentage, lot size, hedge mode, and trading times.
FAQ
For further information about input parameters and other aspects of TradeGPT, users are advised to refer to the user manual and FAQ section provided with the software.
TradeGPT is only available through MQL5. Users should be wary of scammers offering the development on other resources.
Independent testing of TradeGPT is available on the forexroboteasy.com website, where users can also subscribe to updates on the product’s testing results. Readers who have used TradeGPT are invited to share their experiences.
Please note this is an independent review of TradeGPT. It does not represent the views or opinions of the product’s developers.
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1 review
The software doesn't trade as frequently as I initially thought it would, but I've come to appreciate this aspect. It appears to have a knack for picking out the right times to trade, steering clear of unfavorable market conditions. It's as if the bot knows when the odds are in its favor and when they're not. I'm curious to see how this strategy pans out in the long run. The vendor suggested focusing on XAUUSD, so I temporarily stopped trading with EURUSD. I'm eager to see EURUSD become a recommended pair again, and I'm also looking forward to the introduction of new pairs to trade with. An overnight strategy would be a welcome addition to the software's features. Given that it's powered by artificial intelligence, I believe it's capable of successfully implementing such a strategy. In conclusion, my experience with the OpenEA TradeGPT XT Pro EA software has been promising so far. It's been a reliable tool in my trading arsenal, and I'm excited to see how it continues to evolve and improve. I would recommend this software to anyone looking for a smart, efficient, and effective trading tool."