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Overview
As the world of Forex trading continues to evolve, market players are constantly seeking new strategies and tools to enhance their trading experience. One such tool that has caught the attention of many is the Tsunami Forex software. This software, slated for a 2023 release, has been generating substantial buzz due to its sharp price movement strategy.
Awaiting the Price Surge
The Tsunami Forex software operates on a unique concept. It patiently waits for a notable price movement, specifically when the average price on a one-minute chart alters by more than D1 points within T1 minutes. Following this price change, the software executes the first order in the direction of the price movement. This means if the price drops, a Sell order is initiated, and if the price rises, a Buy order is set.
The parameters for order size are predetermined, with the software leaving TakeProfit undefined and StopLoss set as an emergency measure at three times the value of TV1. The StopLoss is only activated in case of a system failure, otherwise, the software’s program controls the order closure.
The Initial and Subsequent Orders
The initial order is concluded when the price shift reaches TV1 points from the extreme price. In simpler terms, for a Buy order, it will fall by TV1 from the peak price, and for a Sell order, it will increase by TV1 from the lowest price.
Upon completion of the first order, the software immediately places a second order in the opposite direction. This second order is wrapped up when the price changes by TV2 points from the new extreme price. This means for a Sell order, the price will rise by TV2 from the lowest price, and for a Buy order, it will drop by TV2 from the highest price.
Continuation or Conclusion of Trading
The software’s operation is based on the restart variable. If this is set to true, the software prepares for the next price surge. However, if it’s set to false, the trading process is terminated.
The Tsunami Forex software has so far demonstrated impressive results on the EUR/USD pair, although its application isn’t limited to this pair alone.
Built-In Protection Measures
One of the standout features of this Forex software is its built-in protective measures. If the equity falls below 95% of the initial value or if five consecutive trading sessions are lost, the software automatically closes all orders and shuts down the program.
Independent Testing and Updates
For those interested in this sharp price movement strategy, independent testing of the Tsunami Forex software can be accessed at the forexroboteasy.com website. Users can also subscribe to receive updates on the test results of this product.
FAQs
Can the Tsunami Forex software be used on other currency pairs?
Yes, while the software has been primarily used on the EUR/USD pair, it can be applied to other pairs as well.
What happens if the equity falls below 95% of its initial value?
The software has a built-in protection measure that automatically closes all orders and shuts down the program if the equity falls below this threshold.
If you’ve had the opportunity to use the Tsunami Forex software, we’d love to hear about your experience. Sharing your insights can help others make an informed decision about whether this software might be right for their trading strategy.
Please note that this article is an independent review of the Tsunami Forex software. The text is written in the third person and does not represent any personal or organizational endorsement of the product.
forexroboteasy.com
1 review
Of course, as with any Forex trading, there are moments of large drawdowns (DD). It's part and parcel of the game. However, the PS Tsunami EA MT5 has so far managed these moments effectively. The software's algorithms seem to be well-tuned to navigate the choppy waters of the Forex market, ensuring that losses are minimized and profits are maximized. Another aspect of this software that I appreciate is the support and communication from the author. In my experience, it's rare to find such a responsive and helpful team behind a Forex EA. They've been quick to answer any questions I've had and have provided useful advice on how to get the most out of the software. In conclusion, I've found the PS Tsunami EA MT5 to be a reliable and profitable tool for Forex trading. It's not without its challenges, as large DD moments are inevitable. However, the software has so far managed these well, and the support from the author has been excellent. I'm looking forward to seeing how it performs in the coming months. If you're considering a new Forex EA, I'd definitely recommend giving the PS Tsunami EA MT5 a try."