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- Stenvall Mark III
The Stenvall Mark III is the third generation of the Stenvall series, a hybrid of trend and countertrend strategies designed for Forex trading. This reliable Forex EA is ideal for long-term private investments and trust management accounts.
The Evolution of Stenvall
Stenvall’s journey began in 2016 with the creation of its first version. The first public version was launched on MQL5 in 2019. Since then, the performance of this Forex EA has been open for public viewing 24/5. Over a period of 2 years and 3 months, Stenvall has demonstrated an impressive performance, achieving 200% with a maximum drawdown of 8%.
Interestingly, the Stenvall MK-I MT4 was reportedly used as one of the EAs of a private hedge fund, with a total deposit of over 2.7M USD. However, this information could not be independently verified. Originally a night scalper, Stenvall has evolved with each update, expanding its trading hours to 24 and increasing the accuracy of its signals to 70%, as confirmed by monitoring.
Stenvall’s Unique Features
Stenvall’s performance has been consistent over the years, making it a reliable Forex EA. Its strategy, particularly suited to the characteristics of EURUSD, is expected to remain relevant in the long term. Unlike many Forex EAs, Stenvall does not rely on tricks but on technology. It does not engage in rollover trading at 00:00 hours during the spread expansion and is not sensitive to the broker, spread, and requotes.
Furthermore, Stenvall does not use dangerous strategies such as martingale or grid. Instead, it offers true Algo-Trading 24 hours a day, with complex wave analysis and a long hold of positions. Each position is protected by a STOP LOSS, and the EA boasts 76 onboard functions. The average TP size is 150 pips, and the average load on the deposit is 5%, so you don’t need to increase the lot to make a profit.
Installation and Risk Management
Installing the EA Stenvall Mark III on EURUSD M5 is straightforward and takes about 3 minutes. After the installation, the EA checks your account. If everything is fine, it displays ‘READY’. If not, a warning appears, indicating that you need to contact the provider.
The risk can be manually set using the FIX LOT, which typically ranges from 0.01 lots to 0.04 for every 100 USD. For a leverage of 1:100, the recommended RISK value range is about 0.1 to 0.7.
Independent Testing and User Feedback
Users can watch independent testing of Stenvall Mark III on the forexroboteasy.com website and subscribe to updates on the testing results. User experiences with Stenvall Mark III are encouraged and can provide valuable insights for potential users.
FAQ
When checking the EA for a history shift or any other check-test, be sure to disable the NEW YEAR filter.
In conclusion, the Stenvall Mark III has proven to be a reliable Forex EA for long-term investment, offering a unique blend of trend and countertrend strategies. It is well-suited for both private investments and trust management accounts. As an independent product review, this article aims to provide an unbiased assessment of the Stenvall Mark III.
Stenvall Mark III Review: Reliable Forex EA for Long-Term Investment
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Expert Review: Stenvall Mark III - Revolutionary Forex Trading Software
The software started to incur continuous losses, and to my surprise, the developer became unresponsive. There was a sudden and complete halt in communication, leaving me to grapple with the failing software on my own. I was hoping for some updates or optimizations to improve the situation, but alas, there was nothing. The losses kept piling up, one after another, and it felt like I was watching a good project crumble before my eyes. It was disheartening to see such potential go to waste. The software that once seemed promising was now causing nothing but distress. I regret to say that my experience with the "Stenvall Mark III" has been far from satisfactory. The lack of support from the developer only added to the disappointment. Therefore, I would strongly advise against using this robot or any other software from this developer. It's unfortunate to see a promising project fall apart due to poor management and lack of updates. I had high hopes for "Stenvall Mark III", but it seems like the project has been completely abandoned. In conclusion, my recommendation would be to steer clear of this software. It's a one-star rating from me, and I would strongly advise against using this robot or any other product from this developer.
Unbiased Stenvall Mark III Review: Top Forex Trading Software
Initially, I was a bit skeptical. I mean, the forex market is a volatile beast, and no software can guarantee success. But the Stenvall Mark III has proven me wrong. It's not just about the wins, it's about the consistency, and that's where this software shines. The EA now works flawlessly, and it's been a significant factor in my trading success. The algorithms are robust, and the risk management features are top-notch. It's like having a seasoned forex trader guiding your every move, but with the added benefit of automated trading. One of the things that impressed me the most about the Stenvall Mark III is its adaptability. The forex market is ever-changing, and this software has shown an uncanny ability to adjust to market conditions. It's not just about making profitable trades; it's about minimizing losses, and that's where the Stenvall Mark III excels. The user interface is intuitive and straightforward, making it easy for both beginners and experienced traders to use. The customer support is also excellent. They were responsive and helpful when I had a minor issue during setup, which was quickly resolved. In conclusion, the Stenvall Mark III has exceeded my expectations. It's reliable, efficient, and most importantly, profitable. It's not just a tool; it's a partner that has significantly improved my trading performance. I would highly recommend the Stenvall Mark III to any forex trader looking for a reliable and efficient EA. It's worth every penny.