At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase
The foreign exchange market, commonly known as Forex, is a platform where traders buy and sell currencies. Among the many tools designed to facilitate currency trading, the Gload RsiStoch software has been making waves for its application in H1 trading. This piece provides a thorough review of the Gload RsiStoch tool and its functionality in the Forex market.
Understanding the Gload RsiStoch Software
Gload RsiStoch is a Forex software that employs a unique strategy based on the intersection of RSI (Relative Strength Index) and Stoch (Stochastic Oscillator). These are popular Forex indicators used by traders to make informed decisions. The software has proved its efficacy in real trading accounts, making it a reliable addition to the arsenal of Forex trading tools.
Trading Time Frame
The software has been tested comprehensively and has shown optimal results in the H1 timeframe. This means that the chart’s period is set to 1 hour, and each ‘candle’ or ‘bar’ on the chart represents one hour of price movement. While it can be used in M5 or H4 timeframes, the H1 timeframe has been identified as the best tested.
Performance on Different Currency Pairs
While Gload RsiStoch has been primarily tested on EUR/USD, it has also shown promising results on other low spread currency pairs. This flexibility allows Forex traders to diversify their portfolio and increase profitability. The software also applies a take profit (TP) of 50 pips, which can be adjusted to up to 200 pips for more profits.
Capital Management
Effective capital management is integral to successful Forex trading. Gload RsiStoch software takes into account the appropriate capital while calculating profits. For instance, with a minimum of 1000 Euros, the software employs a 0.05 lot size on the H1 timeframe. This feature helps manage risk and maximize profit potential.
FAQs
What is the recommended broker type for Gload RsiStoch?
The software is compatible with hedge brokers. While using a VPS (Virtual Private Server) is recommended for optimal performance, it is not mandatory.
How can I stay updated with the software’s performance?
Independent testing and updates on the Gload RsiStoch software are available on the forexroboteasy.com website.
Forex trading involves a great deal of strategy, and automated Forex trading tools like Gload RsiStoch can help traders make informed decisions. The software’s unique utilization of Forex indicators, combined with its flexibility across different timeframes and currency pairs, make it a promising tool for Forex traders.
If you are a user of the Gload RsiStoch software, we invite you to share your experiences, as your insights could be invaluable to others in the Forex trading community. Remember, this is an independent product review, and we welcome your feedback.
forexroboteasy.com