Parabolicum MT4

Renowned for its versatility in the forex market, the Parabolicum MT4 is a multi-currency Expert Advisor. This software, as part of its Forex Performance, has undergone extensive testing on nine different currency pairs, both individually and in combination.

Multi-currency Trading with Parabolicum MT4

Parabolicum MT4 is an advanced Forex Trading Tool designed to work with multiple currencies. It has been thoroughly tested on the following currency pairs: EURUSD, GBPUSD, USDCAD, EURCAD, CADCHF, USDCHF, AUDCAD, AUDCHF, and EURCHF, operating on the H1 time frame. This broad range of currency pairs allows traders to diversify their portfolio and mitigate risk.

Minimum Deposit and Recommended Lot Step

For potential users considering the Parabolicum MT4, it should be noted that the minimum deposit required to operate this software is $1000, with a minimum lot of 0.01. Furthermore, the recommended lot step is also 0.01, making it suitable for traders who prefer to trade in smaller increments.

Hedging Account Type

Parabolicum MT4 is best suited for a hedging account type. By allowing multiple positions in the same currency pair, traders can hedge their bets and potentially increase their profits.

Forex Market Analysis: Expert Features

Among the distinctive features of Parabolicum MT4 is its sensitivity to ‘Spread,’ which is a critical factor in Forex Market Analysis. This sensitivity is particularly noticeable during testing when the ‘Spread’ in the tester might be significantly higher, especially during weekends. Traders are advised to adjust the ‘Current’ to a realistic value for the respective currency pair to ensure optimal performance.

It is also worth noting that the Parabolicum MT4 software can be installed on a chart with any time frame, offering users flexibility in their trading approach.

MT4 Software and Broker Specifications

Users should be aware that if their broker uses a suffix or prefix in the symbol name, they need to include this information in the input data. This is essential as it can significantly impact the performance of the Parabolicum MT4 software.

Independent Testing of Parabolicum MT4

For those interested in seeing the Parabolicum MT4 in action, independent testing of the software is available on the forexroboteasy.com website. Additionally, users can subscribe to updates on the testing results of this product, keeping them informed about its performance.

Share Your Experience

We invite readers to share their experiences using the Parabolicum MT4 software. Your insights and experiences can be invaluable to other traders and help them make informed decisions.

FAQs

What is Parabolicum MT4?

Parabolicum MT4 is a multi-currency Expert Advisor used in forex trading. It has been tested on nine different currency pairs.

What is the minimum deposit for Parabolicum MT4?

The minimum deposit required to operate Parabolicum MT4 is $1000.

How does Parabolicum MT4 handle ‘Spread’?

Parabolicum MT4 is sensitive to ‘Spread’ and adjusts its operation based on the ‘Spread’ value.

Where can I see independent testing of Parabolicum MT4?

Independent testing of Parabolicum MT4 is available on the forexroboteasy.com website.

This review is an independent analysis of the Parabolicum MT4 software and does not represent any endorsement or affiliation with the product.